{"product_id":"middle-east-and-africa-forklift-truck-market-2023-2030","title":"Middle East And Africa Forklift Truck Market 2023-2030","description":"\u003cp\u003eMiddle East And Africa Forklift Truck Market 2023-2030\u003c\/p\u003e\n\n\u003cp\u003eMARKET OUTLOOK\u003c\/p\u003e\n\n\u003cp\u003eAccording to a report by Triton Market Research, the forklift market in the Middle East and Africa is projected to grow significantly in revenue and volume between 2023 and 2030, at a CAGR of 8.19% and 4.19%, respectively. The countries studied in this region include Turkey, South Africa, Saudi Arabia, the United Arab Emirates (UAE), and the rest of the Middle East and Africa.\u003c\/p\u003e\n\n\u003cp\u003eSaudi Arabia is expected to play a significant role in the growth of the region’s market, driven by its thriving manufacturing and industrial sectors. The country is well-positioned for market expansion with a well-developed infrastructure, industrial cities, and a strong logistics network. The growing influence of social media, which facilitates online shopping, increased purchasing power, and access to various products, has fueled demand in the e-commerce sector, providing further opportunities to the forklift truck market.\u003c\/p\u003e\n\n\u003cp\u003eSimilarly, the South African forklift market is flourishing due to increasing demand in the manufacturing, logistics, and construction industries. The expanding e-commerce sector and the robust performance of the automotive industry further support growth in the country. South Africa’s automotive plan aims to establish the country as a leading player in global vehicle production, increasing manufacturing activities and driving demand for forklifts to facilitate efficient goods handling.\u003c\/p\u003e\n\n\u003cp\u003eCOMPETITIVE OUTLOOK\u003c\/p\u003e\n\n\u003cp\u003eKey contenders in the forklift truck market comprise Kion Group AG, Komatsu Ltd, Jungheinrich AG, Mitsubishi Logisnext Co Ltd, Toyota Industries Corporation, Doosan Corporation, and Clark Material Handling Company.\u003c\/p\u003e","brand":"Heavy Industry","offers":[{"title":"July, 2023 \/ 106 Pages \/ MCW16220938","offer_id":47631653732658,"sku":null,"price":1800.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/middle-east-and-africa-forklift-truck-market-2023-2030","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}