ASIA PACIFIC MATERIAL HANDLING EQUIPMENT MARKET Size and trends

Asia Pacific Material Handling Equipment Market Size and Trends

The Asia Pacific material handling equipment market is estimated to be valued at US$ 120.00 Bn in 2025 and is expected to reach US$ 189.06 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.7% from 2025 to 2032.

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Rapid industrialization and growth of the e-commerce industry have been major factors driving increased demand for material handling equipment in the Asia Pacific. The Asia Pacific Material Handling Equipment Market has been witnessing considerable growth over the years owing to expansion of warehousing facilities by major third-party logistics companies and growth in investments towards automation by key industries such as the automotive, food & beverage, and semiconductor industries. Increasing focus on operational efficiency and productivity improvements have propelled the adoption of modern material handling solutions across Asia Pacific. Four types of material handling equipment used in the industry are storage and handling equipment, industrial trucks, engineered systems, and bulk material handling equipment.

Market Driver - Rapid growth in e-commerce and online retail

The Asia Pacific region has seen tremendous growth in the e-commerce sector over the past decade. Expanding internet penetration coupled with rise of smartphone usage has enabled more consumers to shop online for various goods ranging from apparel to electronics. Countries like China, India, and Indonesia especially have emerged as lucrative markets for e-commerce companies. The COVID-19 pandemic has further accelerated this shift to online shopping as more people turned to websites and apps for procuring items while avoiding crowded public areas.

This boom in e-commerce has significantly increased the need for material handling equipment across warehouse and fulfillment centers of various retailers and logistics companies. Sophisticated automation systems are required to efficiently receive, process and dispatch a huge volume of smaller orders on daily basis. E-commerce giants such as Alibaba, Shopee, Lazada, Rakuten, Tokopedia, AliExpress, BliBli, etc. make substantial investments to upgrade their inventory management and order picking capabilities through adoption of latest generation conveyor belts, automated storage and retrieval systems, sortation systems, and robotic arms. Cross-docking facilities also integrate automated sorting lines and carousels to quick transfer shipments between trucks and trailers for last mile delivery.

Rise of demand from tier 2 and tier 3 cities in developing countries also propels the need for scaling up logistics infrastructure. Third-party logistics firms open many new distribution centers to cater orders from rural areas, requiring installation of various material handling machinery. Rapid inventory turnover demands optimal utilization of warehouse floor space through mechanical handling of products as opposed to manual labor intensive processes. Furthermore, consumer expectation of fast delivery within few days encourages supply chain players to invest in mechanization for boosting operational efficiency.