
Forklift Truck Market set for modest growth despite Brexit uncertainty
The British Industrial Truck Association (BITA) – the UK trade association for manufacturers and suppliers of forklift truck and associated components and services – has predicted a modest strengthening in the market for the sector despite the economic upheaval imposed by continuing uncertainty over Brexit. New data from BITA’s latest market analysis, released exclusively to BITA members, is forecasting successive growth over each of the next three years, largely due to increased levels of activity in sectors such as food & beverages, transport & storage, and retail & wholesale distribution. Last year was a relatively strong one for the forklift truck industry with sales increasing 2.5% to more than 35,000 units. Sales growth is expected to be a little mo...