Used & Refurbished Reach Forklift Truck Market - Global Forecast 2026-2032

The Used & Refurbished Reach Forklift Truck Market size was estimated at USD 573.40 million in 2025 and expected to reach USD 607.07 million in 2026, at a CAGR of 5.56% to reach USD 837.77 million by 2032.

The modern landscape of warehousing and logistics continues to evolve rapidly, driven by e-commerce proliferation and tightening supply chain constraints. Amidst these pressures, used and refurbished reach forklift solutions have emerged as pivotal assets for operations seeking to optimize cost structures while maintaining high throughput. Recent industry reports indicate that Asia-Pacific dominates global forklift demand, accounting for more than 55% of market value thanks to surging industrial and consumer goods sectors. Concurrently, environmental considerations are reshaping procurement strategies; firms are prioritizing refurbished assets to align with circular economy objectives, leveraging systems that produce up to 80% fewer CO2 emissions compared to new units.

Advanced technology integration is redefining what stakeholders expect from pre-owned reach forklifts, driving a profound transformation across material handling environments. Artificial intelligence and machine learning are now embedded within automated reach trucks, enabling adaptive load handling, dynamic path planning, and real-time obstacle detection that collectively reduce downtime and enhance safety. Complementing these capabilities, cloud-based platforms and edge computing architectures enable fleet managers to harness comprehensive performance analytics, facilitating proactive maintenance scheduling and strategic resource allocation.

In February 2025, the United States reinstated a 25% ad valorem tariff on steel imports under Section 232, closing exemptions and tightening controls to safeguard national security interests. This measure was swiftly followed by a presidential proclamation in June raising those tariffs to 50% on specified steel and aluminum articles, further intensifying cost pressures on downstream manufacturers that source critical components for reach forklifts. These policy shifts aim to bolster domestic capacity utilization but have introduced complexities for firms relying on globally sourced materials.

Organizations across diverse end-use industries-from automotive assembly lines to cold chain food and beverage storage, discrete manufacturing operations, retail distribution centers, and third-party logistics providers-are tailoring reach forklift specifications to their unique operational rhythms. Power source considerations are equally critical: some environments mandate diesel power for sustained heavy lifting, while others leverage electric or LPG variants to meet indoor emissions standards and reduce total cost of ownership. Meanwhile, companies are weighing the benefits of fully automatic and semi-automatic operation types against manual platforms to balance throughput demands and skill availability.

The Americas region is experiencing heightened demand for used and refurbished reach forklifts, spurred by rapid expansion in e-commerce fulfillment centers and last-mile distribution networks. This growth trajectory is complemented by reshoring initiatives that intensify local manufacturing and warehousing investments. Conversely, the Europe, Middle East & Africa landscape is shaped by stringent emissions regulations and robust sustainability mandates, prompting operators to favor electric and certified pre-owned machines that align with decarbonization targets. Meanwhile, Asia-Pacific remains the largest and most dynamic market, driven by industrial modernization, expanding cold chain infrastructure, and strategic government incentives that accelerate warehouse automation adoption.

Global equipment manufacturers are reinforcing their presence in the pre-owned segment through certified refurbishing programs. Toyota Industries Corporation offers factory-backed reconditioning and warranty bundles that uphold the same quality benchmarks as new units. The KION Group has introduced specialized refurbishment services under its Reman Solutions division, delivering turnkey packages that integrate software upgrades and preventive maintenance. Jungheinrich’s “Jungstars” certified pre-owned range underscores the company’s commitment to reliability, providing flexible service contracts and comprehensive performance validation.

Industry leaders should prioritize retrofitting existing fleets with Internet of Things-enabled monitoring systems to capture real-time utilization metrics and predictive maintenance alerts; this approach has been shown to reduce unplanned downtime by up to 30% and extend equipment lifecycle value. Concurrently, forging strategic partnerships with certified refurbishment providers ensures access to rigorous quality controls and standardized warranty offerings, mitigating operational risks and preserving asset reliability.

This analysis synthesizes insights from in-depth interviews with fleet managers, original equipment manufacturers, and refurbishment specialists conducted between January and June 2025, alongside a structured survey of over 150 end users spanning key industry verticals. Secondary data sources include U.S. Trade Commission reports on Section 232 and Section 301 tariff adjustments, corporate filings from leading material handling firms, and white paper publications detailing technological innovations in automation and electrification.

The used and refurbished reach forklift segment presents a compelling confluence of operational efficiency, sustainability, and strategic cost management. Technological advancements in AI-driven automation, IoT-enabled analytics, and energy-efficient powertrains are elevating performance expectations, while tariff dynamics underscore the imperative for agile supply chain configuration. By aligning procurement, refurbishment, and deployment strategies with evolving industry and regulatory landscapes, stakeholders can secure resilient throughput and maintain competitive advantage in high-stakes logistics environments.

To delve deeper into the comprehensive analysis of the used and refurbished reach forklift truck market and gain exclusive strategic insights, reach out to Ketan Rohom, Associate Director, Sales & Marketing. Leverage this robust research to inform critical decisions, outpace competitors, and secure your organization’s position at the forefront of material handling innovation. Contact Ketan Rohom today to acquire your copy of the executive market research report and embark on a trajectory of informed, data-driven growth.