Asia Pacific Material Handling Equipment Market Size - By Demand (New, Aftermarket), By Product (Industrial Trucks, Robotics, Automated Storage & Retrieval System), By Application (3PL, E-Commerce, General Merchandise), Sales Channel & Forecast, 2023 - 2032
Asia Pacific Material Handling Equipment Market will witness over 7% CAGR between 2023 and 2032. The rapid expansion of e-commerce and the need for efficient warehousing solutions are fueling demand for material-handling equipment like conveyor systems and forklifts. The burgeoning manufacturing sector in countries like China and India requires advanced automation and logistics solutions, boosting market growth. Additionally, increasing urbanization and infrastructure development are spurring demand for construction and heavy material handling equipment. Furthermore, government initiatives supporting industrial growth and trade in the region will contribute to the market upward trajectory.
Increasing deals and partnerships between companies support the material handling equipment market expansion in Asia Pacific. For instance, in October 2023, Toyota Industries Corporation, a well-known international producer of material handling equipment based in Japan, and UMW Equipment Segment Sdn Bhd formally inked a share sale and purchase deal. The well-known UEDSB wants to further its strategic alliance with TICO across the industrial equipment market. TICO is well-known for its strong regional presence. As per the contract, UEDSB would sell TICO for RM260 million, a 26 percent ownership in UMW Toyota Material Handling Sdn Bhd, in a mutual benefit partnership.
The overall Asia Pacific Material Handling Equipment Market is classified based on product, application, and region.
The storage and handling equipment segment will record significant growth from 2023 to 2032. With the booming e-commerce sector and growing warehousing needs, there's a surge in demand for advanced storage solutions like automated conveyor systems, racks, and shelves. Additionally, the expansion of manufacturing and logistics industries is driving the need for efficient material handling equipment, such as forklifts and pallet jacks, to enhance the productivity of storage and distribution operations. Therefore, the several benefits of storage and handling equipment support its growth in the material handling equipment market share.
The 3 PL segment will register a commendable CAGR from 2023 to 2032. Third-party logistics providers rely heavily on advanced material handling equipment to optimize their supply chain operations. This includes conveyor systems, automated picking and packing solutions, and forklifts to handle goods efficiently. As the e-commerce and logistics industries continue expanding, the demand for material handling equipment within the 3PL sector is poised to increase significantly.
Asia Pacific material handling equipment market from Australia will showcase an appreciable CAGR from 2023 to 2032 fueled by various factors, including the growth of e-commerce, manufacturing, and logistics industries. Companies in Australia are increasingly investing in advanced material handling solutions like conveyor systems, forklifts, and automated storage systems to improve efficiency and productivity in their operations. This trend is expected to continue as these industries expand further in the Asia Pacific region.
Chapter 1 Methodology and Scope
1.1 Definitions & forecast parameters
1.1.1 Definitions
1.1.2 Methodology and forecast parameters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Asia Pacific material handling equipment industry 360 degree synopsis, 2018 – 2032
2.1.1 Business trends
2.1.2 Demand trends
2.1.3 Product trends
2.1.4 Sales channel trends
2.1.5 Aftermarket product
2.1.6 Aftermarket sales channel trends
2.1.7 Regional trends
Chapter 3 Asia Pacific Material Handling Equipment Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2018 – 2032
3.3 Industry ecosystem analysis
3.3.1 Component suppliers
3.3.2 Manufacturers
3.3.3 Distribution channel analysis
3.3.4 Aftermarket landscape
3.3.5 Vendor matrix
3.4 Technology & innovation landscape
3.4.1 Robotics industry outlook
3.4.2 Data analytics
3.4.3 Energy efficiency measures
3.4.4 IoT
3.5 Regulatory landscape
3.5.1 ISO Standards
3.5.2 IS 12663 (Part 2): 2000
3.5.3 The General Administration of Customs (GAC or China Customs)
3.5.4 The International Council on Clean Transportation
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Increasing need for automated solutions from SMEs
3.6.1.2 Rising labor costs and inconveniences of employing a manual workforce
3.6.1.3 Growing demand for personalized Automated Guided Vehicles (AGVs) in China
3.6.1.4 Demand for robotic solutions for warehouse automation in Japan
3.6.1.5 Increasing urbanization and safety concerns in India
3.6.1.6 Attractive e-commerce industry in the South East Asian countries
3.6.2 Industry pitfalls & challenges
3.6.2.1 High upfront, integration and switching costs
3.6.2.2 Lack of awareness
3.6.2.3 Real-time technical challenges
3.6.2.4 Need for skilled workforce in repair and maintenance activities
3.7 Growth potential analysis
3.8 Customer analysis
3.8.1 Major pain points
3.8.2 Overview of key players
3.9 Porter's analysis
3.9.1 Supplier power
3.9.2 Buyer power
3.9.3 Threat of new entrants
3.9.4 Threat of substitutes
3.9.5 Internal rivalry
3.10 Competitive landscape, 2022
3.10.1 Company market share analysis
3.10.2 Strategy dashboard
3.10.2.1 New product development
3.10.2.2 Mergers & acquisitions
3.10.2.3 Research & development
3.10.2.4 Investment landscape
3.11 PESTEL analysis
Chapter 4 Asia Pacific Material Handling Equipment Market, By Demand (Revenue)
4.1 Key trends by demand
4.2 New demand
4.2.1 Market estimates and forecast, 2018 – 2032
4.3 Aftermarket
4.3.1 Market estimates and forecast, 2018 – 2032
Chapter 5 Asia Pacific Material Handling Equipment Market, By Product (Revenue & Shipment)
5.1 Key trends by product
5.2 Storage & handling equipment
5.2.1 Market estimates and forecast, 2018 – 2032
5.2.2 Racks
5.2.2.1 Market estimates and forecast, 2018 – 2032
5.2.3 Stacking Frames
5.2.3.1 Market estimates and forecast, 2018 – 2032
5.2.4 Shelves, Bins & Drawers
5.2.4.1 Market estimates and forecast, 2018 – 2032
5.2.5 Mezzanines
5.2.5.1 Market estimates and forecast, 2018 – 2032
5.3 Industrial trucks
5.3.1 Market estimates and forecast, 2018 – 2032
5.3.2 Automated Guided Vehicles (AGVs)
5.3.2.1 Market estimates and forecast, 2018 – 2032
5.3.3 Hand, platform & pallet trucks
5.3.3.1 Market estimates and forecast, 2018 – 2032
5.3.4 Order pickers
5.3.4.1 Market estimates and forecast, 2018 – 2032
5.3.5 Pallet jacks
5.3.5.1 Market estimates and forecast, 2018 – 2032
5.3.6 Side loaders
5.3.6.1 Market estimates and forecast, 2018 – 2032
5.3.7 Walkie stackers
5.3.7.1 Market estimates and forecast, 2018 – 2032
5.4 Bulk material handling equipment
5.4.1 Market estimates and forecast, 2018 – 2032
5.4.2 Conveyor belts
5.4.2.1 Market estimates and forecast, 2018 – 2032
5.4.3 Stackers
5.4.3.1 Market estimates and forecast, 2018 – 2032
5.4.4 Reclaimers
5.4.4.1 Market estimates and forecast, 2018 – 2032
5.4.5 Elevators
5.4.5.1 Market estimates and forecast, 2018 – 2032
5.4.6 Others
5.4.6.1 Market estimates and forecast, 2018 – 2032
5.5 Robotics
5.5.1 Market estimates and forecast, 2018 – 2032
5.6 Automated Storage & Retrieval System (AS/RS)
5.6.1 Unit-Load AS/RS
5.6.1.1 Market estimates and forecast, 2018 – 2032
5.6.2 Mini-Load AS/RS
5.6.2.1 Market estimates and forecast, 2018 – 2032
Chapter 6 Asia Pacific Material Handling Equipment Market, By Application (Revenue & Shipment)
6.1 Key trends by application
6.2. 3 PL
6.2.1 Market estimates and forecast, 2018 – 2032
6.3 E-commerce
6.3.1 Market estimates and forecast, 2018 – 2032
6.4 Durable manufacturing
6.4.1 Market estimates and forecast, 2018 – 2032
6.5 Food & beverage
6.5.1 Market estimates and forecast, 2018 – 2032
6.6 General merchandise
6.6.1 Market estimates and forecast, 2018 – 2032
6.7 Food retail
6.7.1 Market estimates and forecast, 2018 – 2032
Chapter 7 Asia Pacific Material Handling Equipment Market, By Sales Channel (Revenue & Shipment)
7.1 Key trends by sales channel
7.2 Independent dealers/distributors
7.2.1 Market estimates and forecast, 2018 – 2032
7.3 Direct sales to customers
7.3.1 Market estimates and forecast, 2018 – 2032
7.4 Rental companies
7.4.1 Market estimates and forecast, 2018 – 2032
7.5 Online channel
7.5.1 Market estimates and forecast, 2018 – 2032
Chapter 8 Asia Pacific Material Handling Equipment Aftermarket, By Product (Revenue)
8.1 Key trends by product
8.2 Storage & handling equipment
8.2.1 Market estimates and forecast, 2018 – 2032
8.2.2 Racks
8.2.2.1 Market estimates and forecast, 2018 – 2032
8.2.3 Stacking Frames
8.2.3.1 Market estimates and forecast, 2018 – 2032
8.2.4 Shelves, Bins & Drawers
8.2.4.1 Market estimates and forecast, 2018 – 2032
8.2.5 Mezzanines
8.2.5.1 Market estimates and forecast, 2018 – 2032
8.3 Industrial trucks
8.3.1 Market estimates and forecast, 2018 – 2032
8.3.2 Automated Guided Vehicles (AGVs)
8.3.2.1 Market estimates and forecast, 2018 – 2032
8.3.3 Hand, platform & pallet trucks
8.3.3.1 Market estimates and forecast, 2018 – 2032
8.3.4 Order pickers
8.3.4.1 Market estimates and forecast, 2018 – 2032
8.3.5 Pallet jacks
8.3.5.1 Market estimates and forecast, 2018 – 2032
8.3.6 Side loaders
8.3.6.1 Market estimates and forecast, 2018 – 2032
8.3.7 Walkie stackers
8.3.7.1 Market estimates and forecast, 2018 – 2032
8.4 Bulk material handling equipment
8.4.1 Market estimates and forecast, 2018 – 2032
8.4.2 Conveyor belts
8.4.2.1 Market estimates and forecast, 2018 – 2032
8.4.3 Stackers
8.4.3.1 Market estimates and forecast, 2018 – 2032
8.4.4 Reclaimers
8.4.4.1 Market estimates and forecast, 2018 – 2032
8.4.5 Elevators
8.4.5.1 Market estimates and forecast, 2018 – 2032
8.4.6 Others
8.4.6.1 Market estimates and forecast, 2018 – 2032
8.5 Robotics
8.5.1 Market estimates and forecast, 2018 – 2032
8.6 Automated Storage & Retrieval System (AS/RS)
8.6.1 Unit-Load AS/RS
8.6.1.1 Market estimates and forecast, 2018 – 2032
8.6.2 Mini-Load AS/RS
8.6.2.1 Market estimates and forecast, 2018 – 2032
Chapter 9 Asia Pacific Material Handling Equipment Aftermarket, By Sales Channel (Revenue)
9.1 Key trends by sales channel
9.2 Independent dealers/distributors
9.2.1 Market estimates and forecast, 2018 – 2032
9.3 Direct sales to customers
9.3.1 Market estimates and forecast, 2018 – 2032
9.4 Rental companies
9.4.1 Market estimates and forecast, 2018 – 2032
9.5 Online channel
9.5.1 Market estimates and forecast, 2018 – 2032
Chapter 10 Asia Pacific Material Handling Equipment Market, By Region (Revenue & Shipment)
10.1 Key trends by region
10.2 China
10.2.1 China market estimates and forecast, by demand, 2018 – 2032
10.2.2 China market estimates and forecast, by product, 2018 – 2032
10.2.3 China market estimates and forecast, by application, 2018 – 2032
10.2.4 China aftermarket estimates and forecast, by product, 2018 – 2032
10.3 Hong Kong
10.3.1 Hong Kong market estimates and forecast, by demand, 2018 – 2032
10.3.2 Hong Kong market estimates and forecast, by product, 2018 – 2032
10.3.3 Hong Kong market estimates and forecast, by application, 2018 – 2032
10.3.4 Hong Kong aftermarket estimates and forecast, by product, 2018 – 2032
10.4 Oceania
10.4.1 Oceania market estimates and forecast, by demand, 2018 – 2032
10.4.2 Oceania market estimates and forecast, by product, 2018 – 2032
10.4.3 Oceania market estimates and forecast, by application, 2018 – 2032
10.4.4 Oceania aftermarket estimates and forecast, by product, 2018 – 2032
10.4.5 Australia
10.4.5.1 Australia market estimates and forecast, by demand, 2018 – 2032
10.4.5.2 Australia market estimates and forecast, by product, 2018 – 2032
10.4.5.3 Australia market estimates and forecast, by application, 2018 – 2032
10.4.5.4 Australia aftermarket estimates and forecast, by product, 2018 – 2032
10.4.6 New Zealand
10.4.6.1 New Zealand market estimates and forecast, by demand, 2018 – 2032
10.4.6.2 New Zealand market estimates and forecast, by product, 2018 – 2032
10.4.6.3 New Zealand market estimates and forecast, by application, 2018 – 2032
10.4.6.4 New Zealand aftermarket estimates and forecast, by product, 2018 – 2032
10.5 Rest of Asia
10.5.1 Rest of Asia market estimates and forecast, by demand, 2018 – 2032
10.5.2 Rest of Asia market estimates and forecast, by product, 2018 – 2032
10.5.3 Rest of Asia market estimates and forecast, by application, 2018 – 2032
10.5.4 Rest of Asia aftermarket estimates and forecast, by product, 2018 – 2032
10.5.5 India
10.5.5.1 India market estimates and forecast, by demand, 2018 – 2032
10.5.5.2 India market estimates and forecast, by product, 2018 – 2032
10.5.5.3 India market estimates and forecast, by application, 2018 – 2032
10.5.5.4 India aftermarket estimates and forecast, by product, 2018 – 2032
10.5.6 South Korea
10.5.6.1 South Korea market estimates and forecast, by demand, 2018 – 2032
10.5.6.2 South Korea market estimates and forecast, by product, 2018 – 2032
10.5.6.3 South Korea market estimates and forecast, by application, 2018 – 2032
10.5.6.4 South Korea aftermarket estimates and forecast, by product, 2018 – 2032
10.5.7 Japan
10.5.7.1 Japan market estimates and forecast, by demand, 2018 – 2032
10.5.7.2 Japan market estimates and forecast, by product, 2018 – 2032
10.5.7.3 Japan market estimates and forecast, by application, 2018 – 2032
10.5.7.4 Japan aftermarket estimates and forecast, by product, 2018 – 2032
10.6 ASEAN
10.6.1 ASEAN market estimates and forecast, by demand, 2018 – 2032
10.6.2 ASEAN market estimates and forecast, by product, 2018 – 2032
10.6.3 ASEAN market estimates and forecast, by application, 2018 – 2032
10.6.4 ASEAN aftermarket estimates and forecast, by product, 2018 – 2032
10.6.5 Indonesia
10.6.5.1 Indonesia market estimates and forecast, by demand, 2018 – 2032
10.6.5.2 Indonesia market estimates and forecast, by product, 2018 – 2032
10.6.5.3 Indonesia market estimates and forecast, by application, 2018 – 2032
10.6.5.4 Indonesia aftermarket estimates and forecast, by product, 2018 – 2032
10.6.6 Malaysia
10.6.6.1 Malaysia market estimates and forecast, by demand, 2018 – 2032
10.6.6.2 Malaysia market estimates and forecast, by product, 2018 – 2032
10.6.6.3 Malaysia market estimates and forecast, by application, 2018 – 2032
10.6.6.4 Malaysia aftermarket estimates and forecast, by product, 2018 – 2032
10.6.7 Thailand
10.6.7.1 Thailand market estimates and forecast, by demand, 2018 – 2032
10.6.7.2 Thailand market estimates and forecast, by product, 2018 – 2032
10.6.7.3 Thailand market estimates and forecast, by application, 2018 – 2032
10.6.7.4 Thailand aftermarket estimates and forecast, by product, 2018 – 2032
10.6.8 Taiwan
10.6.8.1 Taiwan market estimates and forecast, by demand, 2018 – 2032
10.6.8.2 Taiwan market estimates and forecast, by product, 2018 – 2032
10.6.8.3 Taiwan market estimates and forecast, by application, 2018 – 2032
10.6.8.4 Taiwan aftermarket estimates and forecast, by product, 2018 – 2032
10.6.9 Singapore
10.6.9.1 Singapore market estimates and forecast, by demand, 2018 – 2032
10.6.9.2 Singapore market estimates and forecast, by product, 2018 – 2032
10.6.9.3 Singapore market estimates and forecast, by application, 2018 – 2032
10.6.9.4 Singapore aftermarket estimates and forecast, by product, 2018 – 2032
10.6.10 Philippines
10.6.10.1 Philippines market estimates and forecast, by demand, 2018 – 2032
10.6.10.2 Philippines market estimates and forecast, by product, 2018 – 2032
10.6.10.3 Philippines market estimates and forecast, by application, 2018 – 2032
10.6.10.4 Philippines aftermarket estimates and forecast, by product, 2018 – 2032
10.6.11 Vietnam
10.6.11.1 Vietnam market estimates and forecast, by demand, 2018 – 2032
10.6.11.2 Vietnam market estimates and forecast, by product, 2018 – 2032
10.6.11.3 Vietnam market estimates and forecast, by application, 2018 – 2032
10.6.11.4 Vietnam aftermarket estimates and forecast, by product, 2018 – 2032
10.6.12 Myanmar
10.6.12.1 Myanmar market estimates and forecast, by demand, 2018 – 2032
10.6.12.2 Myanmar market estimates and forecast, by product, 2018 – 2032
10.6.12.3 Myanmar market estimates and forecast, by application, 2018 – 2032
10.6.12.4 Myanmar aftermarket estimates and forecast, by product, 2018 – 2032
Chapter 11 Company Profiles
11.1 Amerden Group
11.1.1 Business Overview
11.1.2 Financial Data
11.1.3 Product Landscape
11.1.4 Strategic Outlook
11.1.5 SWOT Analysis
11.2 Beumer Group GmbH
11.2.1 Business Overview
11.2.2 Financial Data
11.2.3 Product Landscape
11.2.4 Strategic Outlook
11.2.5 SWOT Analysis
11.3 Caterpillar, Inc.
11.3.1 Business Overview
11.3.2 Financial Data
11.3.3 Product Landscape
11.3.4 Strategic Outlook
11.3.5 SWOT Analysis
11.4 Daikufu Co. Ltd
11.4.1 Business Overview
11.4.2 Financial Data
11.4.3 Product Landscape
11.4.4 Strategic Outlook
11.4.5 SWOT Analysis
11.5 Dematic GmbH & Co., KG
11.5.1 Business Overview
11.5.2 Financial Data
11.5.3 Product Landscape
11.5.4 Strategic Outlook
11.5.5 SWOT Analysis
11.6 Fives Group
11.6.1 Business Overview
11.6.2 Financial Data
11.6.3 Product Landscape
11.6.4 Strategic Outlook
11.6.5 SWOT Analysis
11.7 Intelligrated, Inc.
11.7.1 Business Overview
11.7.2 Financial Data
11.7.3 Product Landscape
11.7.4 Strategic Outlook
11.7.5 SWOT Analysis
11.8 Jungheinrich AG
11.8.1 Business Overview
11.8.2 Financial Data
11.8.3 Product Landscape
11.8.4 Strategic Outlook
11.8.5 SWOT Analysis
11.9 Kion Group AG
11.9.1 Business Overview
11.9.2 Financial Data
11.9.3 Product Landscape
11.9.4 Strategic Outlook
11.9.5 SWOT Analysis
11.10 KUKA AG
11.10.1 Business Overview
11.10.2 Financial Data
11.10.3 Product Landscape
11.10.4 Strategic Outlook
11.10.5 SWOT Analysis
11.11 Murata Machinery, Ltd.
11.11.1 Business Overview
11.11.2 Financial Data
11.11.3 Product Landscape
11.11.4 Strategic Outlook
11.11.5 SWOT Analysis
11.12 Precision Automation & Robotics India Ltd.
11.12.1 Business Overview
11.12.2 Financial Data
11.12.3 Product Landscape
11.12.4 Strategic Outlook
11.12.5 SWOT Analysis
11.13 SSI Schaefer Holding International GmbH
11.13.1 Business Overview
11.13.2 Financial Data
11.13.3 Product Landscape
11.13.4 Strategic Outlook
11.13.5 SWOT Analysis
11.14 TGW Logistics Group GmbH
11.14.1 Business Overview
11.14.2 Financial Data
11.14.3 Product Landscape
11.14.4 Strategic Outlook
11.14.5 SWOT Analysis
11.15 Toyota Industries Corporation
11.15.1 Business Overview
11.15.2 Financial Data
11.15.3 Product Landscape
11.15.4 Strategic Outlook
11.15.5 SWOT Analysis
Data Tables
TABLE 1. Asia Pacific material handling equipment industry 3600 synopsis, 2018 – 2032
TABLE 2. Asia Pacific material handling equipment market size, 2018 – 2032 (USD Million)
TABLE 3. Asia Pacific material handling equipment market size, 2023 – 2032 (USD Million)
TABLE 4. Asia Pacific material handling equipment market size, 2018 – 2032 (Units)
TABLE 5. Asia Pacific material handling equipment market size, 2023 – 2032 (Units)
TABLE 6. Asia Pacific material handling equipment market size, by region, 2018 – 2032 (USD Million)
TABLE 7. Asia Pacific material handling equipment market size, by region, 2023 – 2032 (USD Million)
TABLE 8. Asia Pacific material handling equipment market size, by region, 2018 – 2032 (Units)
TABLE 9. Asia Pacific material handling equipment market size, by region, 2023 – 2032 (Units)
TABLE 10. Asia Pacific material handling equipment market size, by demand, 2018 – 2032 (USD Million)
TABLE 11. Asia Pacific material handling equipment market size, by demand, 2023 – 2032 (USD Million)
TABLE 12. Asia Pacific material handling equipment market size, by product, 2018 – 2032 (USD Million)
TABLE 13. Asia Pacific material handling equipment market size, by product, 2023 – 2032 (USD Million)
TABLE 14. Asia Pacific material handling equipment market size, by product, 2018 – 2032 (Units)
TABLE 15. Asia Pacific material handling equipment market size, by product, 2023 – 2032 (Units)
TABLE 16. Asia Pacific material handling equipment market size, by application, 2018 – 2032 (USD Million)
TABLE 17. Asia Pacific material handling equipment market size, by application, 2023 – 2032 (USD Million)
TABLE 18. Asia Pacific material handling equipment market size, by application, 2018 – 2032 (Units)
TABLE 19. Asia Pacific material handling equipment market size, by application, 2023 – 2032 (Units)
TABLE 20. Asia Pacific material handling equipment market size, by sales channel, 2018 – 2032 (USD Million)
TABLE 21. Asia Pacific material handling equipment market size, by sales channel, 2023 – 2032 (USD Million)
TABLE 22. Asia Pacific material handling equipment market size, by sales channel, 2018 – 2032 (Units)
TABLE 23. Asia Pacific material handling equipment market size, by sales channel, 2023 – 2032 (Units)
TABLE 24. Asia Pacific material handling equipment aftermarket size, by product, 2018 – 2032 (USD Million)
TABLE 25. Asia Pacific material handling equipment aftermarket size, by product, 2023 – 2032 (USD Million)
TABLE 26. Asia Pacific material handling equipment aftermarket size, by sales channel, 2018 – 2032 (USD Million)
TABLE 27. Asia Pacific material handling equipment aftermarket size, by sales channel, 2023 – 2032 (USD Million)
TABLE 28. Vendor matrix
TABLE 29. Industry impact forces
TABLE 30. Strategy dashboard
TABLE 31. Asia Pacific material handling equipment new demand size, 2018 – 2032 (USD Million)
TABLE 32. Asia Pacific material handling equipment new demand size, 2023 – 2032 (USD Million)
TABLE 33. Asia Pacific material handling equipment aftermarket size, 2018 – 2032 (USD Million)
TABLE 34. Asia Pacific material handling equipment aftermarket size, 2023 – 2032 (USD Million)