UK forklift market set for 9.4% growth in 2026, industry forecast shows

UK forklift orders are forecast to increase in 2026 as logistics operators begin renewing fleet equipment

The UK materials handling sector could be heading for a renewed period of growth, with forecasts suggesting that forklift truck orders will rise significantly in 2026 after a quieter period of investment.

Industry figures highlighted by the UK Material Handling Association (UKMHA) indicate that orders for forklift trucks in the UK are expected to increase by around 9.4% in 2026, according to economic projections from Oxford Economics.

The outlook suggests that businesses may soon begin upgrading fleets and investing in new equipment after delaying purchases during recent economic uncertainty.

Over the past year many companies have adopted a cautious approach to capital expenditure, with some operators extending the life of existing fleets or turning to short-term rental agreements rather than committing to new purchases.

While this has slowed new equipment sales, analysts believe the underlying demand for modern materials-handling equipment remains strong.

As warehouse operators continue to modernise distribution centres and adapt to growing e-commerce volumes, forklifts remain a critical component of day-to-day operations. From pallet handling and loading to supporting automated systems, lift trucks continue to play a central role in keeping goods moving efficiently through supply chains.

Industry leaders suggest that improving economic conditions and increased logistics activity could trigger a wave of replacement orders across the sector. Many fleets across the UK are approaching the age where operators may need to upgrade equipment to maintain efficiency, safety standards and productivity.

The forecast also comes as businesses place greater emphasis on sustainability and operational efficiency. Newer forklift models are increasingly offering improved energy efficiency, enhanced safety features and advanced telematics systems that allow companies to monitor fleet performance and optimise usage.

For manufacturers, dealers and service providers across the UK materials-handling industry, the projected rise in orders could signal a welcome return of confidence. If the forecast proves accurate, 2026 may mark the beginning of a stronger investment cycle for forklift fleets across warehouses, distribution centres and manufacturing facilities nationwide.

While market conditions remain influenced by wider economic trends, the outlook suggests that the UK forklift sector could soon see renewed momentum as companies prepare their operations for the next phase of logistics growth.