According to our latest research, the global pallet trucks market size reached USD 4.12 billion in 2024, reflecting robust demand across diverse industrial sectors. The market is poised for steady expansion, anticipated to grow at a CAGR of 6.1% from 2025 to 2033. By the end of the forecast period, the market is projected to attain a value of USD 6.98 billion by 2033. This sustained growth is primarily driven by the accelerating need for efficient material handling solutions, the proliferation of e-commerce, and a marked shift toward automation in logistics and warehousing operations.
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