The global forklift truck tire market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market can be attributed to the increasing demand for forklifts in various industries such as construction, mining, and manufacturing. The increasing demand for electric forklifts is also driving the growth of this market.
The global pneumatic forklift tires segment accounted for the largest share in 2018 and is expected to continue its dominance throughout the forecast period due to their low cost and high durability compared with other types of tires such as solid or polyurethane tires. Pneumatic tires are also preferred because they are less expensive than solid or polyurethane tires and offer better traction on slippery surfaces than solid or polyurethane tires do.
Electric forklifts accounted for the largest share in 2018 due to their low maintenance costs, which make them more economical than IC-powered ones over time; however, IC-powered forks are still widely used because they have higher lifting capacity than electric ones do and can be used outdoors where there is no power supply available.
Industry Growth Insights published a new data on “Forklift Truck Tire Market”. The research report is titled “Forklift Truck Tire Market research by Types (Pneumatic Forklift Tires, Solid Forklift Tires, Polyurethane Forklift Tires), By Applications (Electric Forklift, Internal Combustion (IC) Forklift), By Players/Companies Camso, Titan, Continental, Trelleborg, Michelin, Aichi, Mitas, Advance, Hankook”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Forklift Truck Tire Market Research Report
By Type
Pneumatic Forklift Tires, Solid Forklift Tires, Polyurethane Forklift Tires
By Application
Electric Forklift, Internal Combustion (IC) Forklift
By Companies
Camso, Titan, Continental, Trelleborg, Michelin, Aichi, Mitas, Advance, Hankook
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Forklift Truck Tire Market Report Segments:
The global Forklift Truck Tire market is segmented on the basis of:
Types
Pneumatic Forklift Tires, Solid Forklift Tires, Polyurethane Forklift Tires
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electric Forklift, Internal Combustion (IC) Forklift
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Camso
- Titan
- Continental
- Trelleborg
- Michelin
- Aichi
- Mitas
- Advance
- Hankook
Highlights of The Forklift Truck Tire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pneumatic Forklift Tires
- Solid Forklift Tires
- Polyurethane Forklift Tires
- By Application:
- Electric Forklift
- Internal Combustion (IC) Forklift
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Forklift Truck Tire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A forklift truck tire is a type of tire designed for use on forklift trucks. Forklift truck tires are typically made from rubber and have a tread pattern that is designed to provide good traction in wet or icy conditions.
Some of the major companies in the forklift truck tire market are Camso, Titan, Continental, Trelleborg, Michelin, Aichi, Mitas, Advance, Hankook.
The forklift truck tire market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Forklift Truck Tire Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Forklift Truck Tire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Forklift Truck Tire Market - Supply Chain
4.5. Global Forklift Truck Tire Market Forecast
4.5.1. Forklift Truck Tire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Forklift Truck Tire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Forklift Truck Tire Market Absolute $ Opportunity
5. Global Forklift Truck Tire Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Forklift Truck Tire Market Size and Volume Forecast by Type
5.3.1. Pneumatic Forklift Tires
5.3.2. Solid Forklift Tires
5.3.3. Polyurethane Forklift Tires
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Forklift Truck Tire Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Forklift Truck Tire Market Size and Volume Forecast by Application
6.3.1. Electric Forklift
6.3.2. Internal Combustion (IC) Forklift
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Forklift Truck Tire Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Forklift Truck Tire Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Forklift Truck Tire Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Forklift Truck Tire Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Forklift Truck Tire Demand Share Forecast, 2019-2026
9. North America Forklift Truck Tire Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Forklift Truck Tire Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Forklift Truck Tire Market Size and Volume Forecast by Application
9.4.1. Electric Forklift
9.4.2. Internal Combustion (IC) Forklift
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Forklift Truck Tire Market Size and Volume Forecast by Type
9.7.1. Pneumatic Forklift Tires
9.7.2. Solid Forklift Tires
9.7.3. Polyurethane Forklift Tires
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Forklift Truck Tire Demand Share Forecast, 2019-2026
10. Latin America Forklift Truck Tire Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Forklift Truck Tire Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Forklift Truck Tire Market Size and Volume Forecast by Application
10.4.1. Electric Forklift
10.4.2. Internal Combustion (IC) Forklift
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Forklift Truck Tire Market Size and Volume Forecast by Type
10.7.1. Pneumatic Forklift Tires
10.7.2. Solid Forklift Tires
10.7.3. Polyurethane Forklift Tires
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Forklift Truck Tire Demand Share Forecast, 2019-2026
11. Europe Forklift Truck Tire Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Forklift Truck Tire Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Forklift Truck Tire Market Size and Volume Forecast by Application
11.4.1. Electric Forklift
11.4.2. Internal Combustion (IC) Forklift
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Forklift Truck Tire Market Size and Volume Forecast by Type
11.7.1. Pneumatic Forklift Tires
11.7.2. Solid Forklift Tires
11.7.3. Polyurethane Forklift Tires
11.8. Basis Point Share (BS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Forklift Truck Tire Demand Share, 2019-2026
12. Asia Pacific Forklift Truck Tire Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Forklift Truck Tire Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Forklift Truck Tire Market Size and Volume Forecast by Application
12.4.1. Electric Forklift
12.4.2. Internal Combustion (IC) Forklift
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Forklift Truck Tire Market Size and Volume Forecast by Type
12.7.1. Pneumatic Forklift Tires
12.7.2. Solid Forklift Tires
12.7.3. Polyurethane Forklift Tires
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Forklift Truck Tire Demand Share, 2019-2026
13. Middle East & Africa Forklift Truck Tire Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Forklift Truck Tire Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Forklift Truck Tire Market Size and Volume Forecast by Application
13.4.1. Electric Forklift
13.4.2. Internal Combustion (IC) Forklift
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Forklift Truck Tire Market Size and Volume Forecast by Type
13.7.1. Pneumatic Forklift Tires
13.7.2. Solid Forklift Tires
13.7.3. Polyurethane Forklift Tires
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Forklift Truck Tire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Forklift Truck Tire Market: Market Share Analysis
14.2. Forklift Truck Tire Distributors and Customers
14.3. Forklift Truck Tire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Camso
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Titan
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Continental
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Trelleborg
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Michelin
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Aichi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mitas
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Advance
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hankook
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
