Market Overview:
The global manual material handling cart market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for manual material handling carts in commercial and industrial applications. In terms of type, the stainless steel material segment is expected to hold a major share of the global manual material handling cart market during the forecast period. This can be attributed to its properties such as corrosion resistance and durability. In terms of application, the commercial segment is projected to hold a major share of the global manual material handling cart market during the forecast period.
Product Definition:
A manual material handling cart is a small platform that can be pushed or pulled to move goods. It is often used in warehouses and factories to move boxes, crates, and other items. The importance of a manual material handling cart is that it allows workers to move goods without having to carry them, which can be difficult and dangerous.
Stainless Steel Material:
Stainless steel material is a strong, corrosion-resistant, and lightweight metal. It has various beneficial properties such as high strength and ductility but at the same time low carbon equivalent which makes it suitable for use in various industries including food & beverage processing, automotive industry and chemical processing among others.
Plastic Material:
Plastic material is used in manual material handling cart market on account of properties such as durability, lightweight, corrosion resistance and high strength. Plastic materials are extensively used for manufacturing manual material handling carts owing to their low cost and easy availability. These materials can be easily molded into desired shapes which also adds to their popularity in the market.
Application Insights:
The industrial application segment dominated the global manual material handling cart market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to increasing demand from various industries including automotive, construction and mining. Automotive industry requires a large number of plastic materials that need to be handled with care while manufacturing and assembling cars or trucks, which is likely to propel product demand over the forecast period.
The commercial application segment is expected to witness significant growth in near future owing to rising applications in retail stores across various regions including North America and Europe.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing industrialization and rising commercial construction activities in emerging economies of China, India, and Indonesia. In addition, rapid expansion of manufacturing facilities by multinational companies such as Toyota Industries Corporation in these countries is anticipated to drive demand for automated material handling equipment over the next eight years.
The market in Europe accounted for a significant share owing to high product adoption across several industries including automotive, aerospace & defense, packaging & printing among others. Moreover, growing investments by governments towards automation are likely to support regional market growth during the forecast period.
Growth Factors:
- Increasing demand for material handling carts in various industrial applications
- Growing popularity of ergonomic manual material handling carts
- Rising demand for customized manual material handling carts
- Proliferation of automated warehouses and distribution centers
- Growing awareness about the benefits of using manual material handling carts
Scope Of The Report
Report Attributes
Report Details
Report Title
Manual Material Handling Cart Market Research Report
By Type
Stainless Steel Material, Plastic Material, Other
By Application
Commercial, Industrial
By Companies
Flexqube, Manitowoc, Beumer Group, Toyota, Crown Equipment Corporation, American Grinding and Machining, Qingado Benco Industry, Sharp Industries, Yash Systems, Vimal Industries material handling, Flexqube
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Manual Material Handling Cart Market Report Segments:
The global Manual Material Handling Cart market is segmented on the basis of:
Types
Stainless Steel Material, Plastic Material, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Flexqube
- Manitowoc
- Beumer Group
- Toyota
- Crown Equipment Corporation
- American Grinding and Machining
- Qingado Benco Industry
- Sharp Industries
- Yash Systems
- Vimal Industries material handling
- Flexqube
Highlights of The Manual Material Handling Cart Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel Material
- Plastic Material
- Other
- By Application:
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Manual Material Handling Cart Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A manual material handling cart is a type of industrial truck used for moving materials around a factory or other workplace. The cart typically has a series of casters that allow it to be moved easily across the floor.
Some of the key players operating in the manual material handling cart market are Flexqube, Manitowoc, Beumer Group, Toyota, Crown Equipment Corporation, American Grinding and Machining, Qingado Benco Industry, Sharp Industries, Yash Systems, Vimal Industries material handling, Flexqube.
The manual material handling cart market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Manual Material Handling Cart Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Manual Material Handling Cart Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Manual Material Handling Cart Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Manual Material Handling Cart Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Manual Material Handling Cart Market Size & Forecast, 2018-2028 4.5.1 Manual Material Handling Cart Market Size and Y-o-Y Growth 4.5.2 Manual Material Handling Cart Market Absolute $ Opportunity
Chapter 5 Global Manual Material Handling Cart Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Manual Material Handling Cart Market Size Forecast by Type
5.2.1 Stainless Steel Material
5.2.2 Plastic Material
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Manual Material Handling Cart Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Manual Material Handling Cart Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Manual Material Handling Cart Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Manual Material Handling Cart Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Manual Material Handling Cart Analysis and Forecast
9.1 Introduction
9.2 North America Manual Material Handling Cart Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Manual Material Handling Cart Market Size Forecast by Type
9.6.1 Stainless Steel Material
9.6.2 Plastic Material
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Manual Material Handling Cart Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Manual Material Handling Cart Analysis and Forecast
10.1 Introduction
10.2 Europe Manual Material Handling Cart Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Manual Material Handling Cart Market Size Forecast by Type
10.6.1 Stainless Steel Material
10.6.2 Plastic Material
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Manual Material Handling Cart Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Manual Material Handling Cart Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Manual Material Handling Cart Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Manual Material Handling Cart Market Size Forecast by Type
11.6.1 Stainless Steel Material
11.6.2 Plastic Material
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Manual Material Handling Cart Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Manual Material Handling Cart Analysis and Forecast
12.1 Introduction
12.2 Latin America Manual Material Handling Cart Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Manual Material Handling Cart Market Size Forecast by Type
12.6.1 Stainless Steel Material
12.6.2 Plastic Material
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Manual Material Handling Cart Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Manual Material Handling Cart Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Manual Material Handling Cart Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Manual Material Handling Cart Market Size Forecast by Type
13.6.1 Stainless Steel Material
13.6.2 Plastic Material
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Manual Material Handling Cart Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Manual Material Handling Cart Market: Competitive Dashboard
14.2 Global Manual Material Handling Cart Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Flexqube
14.3.2 Manitowoc
14.3.3 Beumer Group
14.3.4 Toyota
14.3.5 Crown Equipment Corporation
14.3.6 American Grinding and Machining
14.3.7 Qingado Benco Industry
14.3.8 Sharp Industries
14.3.9 Yash Systems
14.3.10 Vimal Industries material handling
14.3.11 Flexqube