Material Handling Cart Market

The global market for material handling carts has been projected to reach the valuation of US$300 billion by the end of 2030. Between the years of examination, 2023 and 2030, the market revenue is likely to see 6% expansion.

The most commonly used types of material handling carts include platform carts, two carts, hand trucks, dollies, order picking carts, and shelf and bin carts.

Battery operated electric carts will continue to surge ahead. Moreover, the commercial sector segment is expected to remain at the forefront, led by retail and hospitality industries.

Beumer Group, Daifuku Co., FlexQube, Production Automation Corporation, Murata Manufacturing Co., Ltd., Honeywell International, Inc., Swisslog Holding AG, and Toyota Industries Corporation are some of the biggest company names in the worldwide market for material handling carts.

Certain future trends that could arise in the global material handling carts market in the years to come, may include growing inclination for autonomous and robotic material handling carts, enhanced IoT connectivity for real-time monitoring and data analytics, and the development of more sustainable and ergonomic cart designs. Additionally, some of the market players may focus on providing customisable solutions to meet the unique needs of various industries.