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Forklift Tire Market Size & [Growth]: Valued at {USD 2 Billion}, {5.12% CAGR}

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Published date: 26 Mar, 2025 01:43 PM
  • Location: Cologne
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Forklift Tire Market Size & [Growth]: Valued at {USD 2 Billion}, {5.12% CAGR}
Forklift Tire Market Size & [Growth]: Valued at {USD 2 Billion}, {5.12% CAGR}

According to the TechSci Research report, the global forklift tire market stood at USD 2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.12% from 2024 to 2028. This growth is primarily driven by expanding e-commerce, globalization, and increased industrial activities worldwide.

As businesses scale their operations, the need for optimized material handling systems has intensified, necessitating robust and reliable forklift tires. The expansion of warehousing facilities, driven by rising online retail sales, has led to an increase in the adoption of forklifts for efficient inventory management and movement of goods. Moreover, urbanization and infrastructure development in emerging economies are fostering the growth of the construction sector, further driving demand for specialized forklift tires designed to navigate rough terrains.



cLiCk tHe bElOw lInK To dOwNlOaD ThE FrEe sAmPlE RePoRt fOr iNsIgHtS.


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