Material Handling Equipment Market Size and trends
Material handling equipment market is estimated to be valued at USD 242.51 Bn in 2025 and is expected to reach USD 369.73 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.2% from 2025 to 2032.
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Warehousing and distribution centers vertical contribute the largest share in this market due to increasing demand for equipment across food & beverages, automotive, healthcare and e-commerce industry. The market can witness significant growth over the forecast period due to increasing automation and technology integration across industries for warehouse automation. Adoption of autonomous vehicles, robotics and IoT enabled solutions can also drive the market growth. Growing e-commerce sector and focus toward warehouse automation can boost demand for advanced material handling equipment globally.
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