Global Forklift Rental Market Size & Outlook, 2025-2030

The global forklift rental market size was estimated at USD 6,103.4 million in 2024 and is projected to reach USD 8,335.1 million by 2030, growing at a CAGR of 5.4% from 2025 to 2030.
Revenue, 2024 (US$M)
$6,103.4
Forecast, 2030 (US$M)
$8,335.1
CAGR, 2025 - 2030
5.4%
Report Coverage
Worldwide

Global forklift rental market, 2018-2030 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Global forklift rental market highlights

  • The global forklift rental market generated a revenue of USD 6,103.4 million in 2024 and is expected to reach USD 8,335.1 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 5.4% by 2030.
  • In terms of segment, below 5 ton accounted for a revenue of USD 6,393.3 million in 2024.
  • Below 5 Ton is the most lucrative ton capacity segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.

Global data book summary

Market revenue in 2024USD 6,103.4 million
Market revenue in 2030USD 8,335.1 million
Growth rate5.4% (CAGR from 2025 to 2030)
Largest segmentBelow 5 ton
Fastest growing segmentBelow 5 Ton
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBelow 5 Ton

Other key industry trends

  • In terms of revenue, the North America accounted for 18.9% of the global forklift rental market in 2024.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Forklift Rental Market Companies

Name Profile # Employees HQ Website
Nishio T&M Co View profile 251-500 Takatsuki, Osaka, Japan, Asia https://www.nishio-tm.co.jp
Boels Rental View profile 101-250 Sittard, Limburg, The Netherlands, Europe https://www.boels.co.uk/
Herc Rentals View profile 5001-10000 Bonita Springs, Florida, United States, North America http://www.HercRentals.com
Crown Equipment View profile 10001+ New Bremen, Ohio, United States, North America http://www.crown.com
Toyota View profile 10001+ Plano, Texas, United States, North America http://www.toyota.com
Sunbelt Rentals View profile 5001-10000 Fort Mill, South Carolina, United States, North America https://www.sunbeltrentals.com
United Rentals Inc View profile 26300 100 First Stamford Place, Suite 700, Stamford, CT, United States, 06902 https://www.unitedrentals.com
KION GROUP AG View profile 42325 Thea-Rasche-Strasse 8, Frankfurt am Main, HE, Germany, 60549 https://www.kiongroup.com
Komatsu Ltd View profile 70608 3-6 Akasaka 2-chome, Minato-ku, Tokyo, Japan, 107-8414 https://www.komatsu.jp
Caterpillar Inc View profile 121173 5205 N. O'Connor Boulevard, Suite 100, Irving, TX, United States, 75039 https://www.caterpillar.com

Global forklift rental market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to forklift rental market will help companies and investors design strategic landscapes.


Below 5 ton was the largest segment with a revenue share of 104.75% in 2024. Horizon Databook has segmented the Global forklift rental market based on below 5 ton covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Forklift Rental Ton Capacity Outlook (Revenue, USD Million, 2018-2030)
    • Below 5 Ton
    • 6 to 30 Ton
    • Above 30 Ton
  • Global Forklift Rental End Use Outlook (Revenue, USD Million, 2018-2030)
    • Construction
    • Automotive
    • Aerospace & Defense
    • Warehouse and Logistics
    • Others

Reasons to subscribe to Global forklift rental market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global forklift rental market databook

  • Our clientele includes a mix of forklift rental market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global forklift rental market , including forecasts for subscribers. This global databook contains high-level insights into Global forklift rental market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global forklift rental market size, by regions, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online