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Pallet Trucks-Global Market Insights and Sales Trends 2024
Synopsis
Pallet trucks are commonly seen in warehouses, stockrooms, and other environments where wooden pallets are frequently used.
The global Pallet Trucks market size is expected to reach US$ 4199.3 million by 2029, growing at a CAGR of 8.9% from 2023 to 2029. The market is mainly driven by the significant applications of Pallet Trucks in various end use industries. The expanding demands from the Retail Store, Warehousing, Manufacturing Plant and Others, are propelling Pallet Trucks market. Manual Pallet Truck, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electric Pallet Truck segment is estimated at % CAGR for the next seven-year period.
On the basis of type, the global pallet trucks market is segmented into manual type pallet trucks and electric type pallet trucks. As the growth of electric pallet truck market share, the global average price of Pallet Truck is in the increasing trend, from 271 USD/Unit in 2013 to 288 USD/Unit in 2017.
North America is the largest consumption market of Pallet Truck, with a market share nearly 33.77% in 2017. Europe is the second largest consumption market of Pallet Truck, enjoying market share nearly 30.49% in 2017. Asia Pacific is expected to expand at a significant growth rate over the forecast period due to increasing warehousing operations in China and India.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Pallet Trucks, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Pallet Trucks market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Pallet Trucks market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Pallet Trucks sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Pallet Trucks covered in this report include Toyota Industries, Hyster Company, Jungheinrich, STILL, Crown, Noblelift, Ningbo Ruyi, NIULI MACHINER and PR Industrial, etc.
The global Pallet Trucks market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toyota Industries
Hyster Company
Jungheinrich
STILL
Crown
Noblelift
Ningbo Ruyi
NIULI MACHINER
PR Industrial
Uline
TVH Group
Godrej MaterialHandling
RICoManufacturing
Noveltek
Global Pallet Trucks market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Pallet Trucks market, Segment by Type:
Manual Pallet Truck
Electric Pallet Truck
Global Pallet Trucks market, by Application
Retail Store
Warehousing
Manufacturing Plant
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Pallet Trucks manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Pallet Trucks in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Pallet trucks are commonly seen in warehouses, stockrooms, and other environments where wooden pallets are frequently used.
The global Pallet Trucks market size is expected to reach US$ 4199.3 million by 2029, growing at a CAGR of 8.9% from 2023 to 2029. The market is mainly driven by the significant applications of Pallet Trucks in various end use industries. The expanding demands from the Retail Store, Warehousing, Manufacturing Plant and Others, are propelling Pallet Trucks market. Manual Pallet Truck, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electric Pallet Truck segment is estimated at % CAGR for the next seven-year period.
On the basis of type, the global pallet trucks market is segmented into manual type pallet trucks and electric type pallet trucks. As the growth of electric pallet truck market share, the global average price of Pallet Truck is in the increasing trend, from 271 USD/Unit in 2013 to 288 USD/Unit in 2017.
North America is the largest consumption market of Pallet Truck, with a market share nearly 33.77% in 2017. Europe is the second largest consumption market of Pallet Truck, enjoying market share nearly 30.49% in 2017. Asia Pacific is expected to expand at a significant growth rate over the forecast period due to increasing warehousing operations in China and India.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Pallet Trucks, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Pallet Trucks market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Pallet Trucks market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Pallet Trucks sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Pallet Trucks covered in this report include Toyota Industries, Hyster Company, Jungheinrich, STILL, Crown, Noblelift, Ningbo Ruyi, NIULI MACHINER and PR Industrial, etc.
The global Pallet Trucks market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toyota Industries
Hyster Company
Jungheinrich
STILL
Crown
Noblelift
Ningbo Ruyi
NIULI MACHINER
PR Industrial
Uline
TVH Group
Godrej MaterialHandling
RICoManufacturing
Noveltek
Global Pallet Trucks market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Pallet Trucks market, Segment by Type:
Manual Pallet Truck
Electric Pallet Truck
Global Pallet Trucks market, by Application
Retail Store
Warehousing
Manufacturing Plant
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Pallet Trucks manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Pallet Trucks in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Pallet Trucks Market Overview
1.1 Pallet Trucks Product Overview
1.2 Pallet Trucks Market Segment by Type
1.2.1 Manual Pallet Truck
1.2.2 Electric Pallet Truck
1.3 Global Pallet Trucks Market Size by Type
1.3.1 Global Pallet Trucks Market Size Overview by Type (2018-2029)
1.3.2 Global Pallet Trucks Historic Market Size Review by Type (2018-2023)
1.3.3 Global Pallet Trucks Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Pallet Trucks Sales Breakdown by Type (2018-2023)
1.4.2 Europe Pallet Trucks Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Pallet Trucks Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Pallet Trucks Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Pallet Trucks Sales Breakdown by Type (2018-2023)
2 Global Pallet Trucks Market Competition by Company
2.1 Global Top Players by Pallet Trucks Sales (2018-2023)
2.2 Global Top Players by Pallet Trucks Revenue (2018-2023)
2.3 Global Top Players by Pallet Trucks Price (2018-2023)
2.4 Global Top Manufacturers Pallet Trucks Manufacturing Base Distribution, Sales Area, Product Type
2.5 Pallet Trucks Market Competitive Situation and Trends
2.5.1 Pallet Trucks Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Pallet Trucks Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Pallet Trucks as of 2022)
2.7 Date of Key Manufacturers Enter into Pallet Trucks Market
2.8 Key Manufacturers Pallet Trucks Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Pallet Trucks Status and Outlook by Region
3.1 Global Pallet Trucks Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Pallet Trucks Historic Market Size by Region
3.2.1 Global Pallet Trucks Sales in Volume by Region (2018-2023)
3.2.2 Global Pallet Trucks Sales in Value by Region (2018-2023)
3.2.3 Global Pallet Trucks Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Pallet Trucks Forecasted Market Size by Region
3.3.1 Global Pallet Trucks Sales in Volume by Region (2024-2029)
3.3.2 Global Pallet Trucks Sales in Value by Region (2024-2029)
3.3.3 Global Pallet Trucks Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Pallet Trucks by Application
4.1 Pallet Trucks Market Segment by Application
4.1.1 Retail Store
4.1.2 Warehousing
4.1.3 Manufacturing Plant
4.1.4 Others
4.2 Global Pallet Trucks Market Size by Application
4.2.1 Global Pallet Trucks Market Size Overview by Application (2018-2029)
4.2.2 Global Pallet Trucks Historic Market Size Review by Application (2018-2023)
4.2.3 Global Pallet Trucks Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Pallet Trucks Sales Breakdown by Application (2018-2023)
4.3.2 Europe Pallet Trucks Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Pallet Trucks Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Pallet Trucks Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Pallet Trucks Sales Breakdown by Application (2018-2023)
5 North America Pallet Trucks by Country
5.1 North America Pallet Trucks Historic Market Size by Country
5.1.1 North America Pallet Trucks Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Pallet Trucks Sales in Volume by Country (2018-2023)
5.1.3 North America Pallet Trucks Sales in Value by Country (2018-2023)
5.2 North America Pallet Trucks Forecasted Market Size by Country
5.2.1 North America Pallet Trucks Sales in Volume by Country (2024-2029)
5.2.2 North America Pallet Trucks Sales in Value by Country (2024-2029)
6 Europe Pallet Trucks by Country
6.1 Europe Pallet Trucks Historic Market Size by Country
6.1.1 Europe Pallet Trucks Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Pallet Trucks Sales in Volume by Country (2018-2023)
6.1.3 Europe Pallet Trucks Sales in Value by Country (2018-2023)
6.2 Europe Pallet Trucks Forecasted Market Size by Country
6.2.1 Europe Pallet Trucks Sales in Volume by Country (2024-2029)
6.2.2 Europe Pallet Trucks Sales in Value by Country (2024-2029)
7 Asia-Pacific Pallet Trucks by Region
7.1 Asia-Pacific Pallet Trucks Historic Market Size by Region
7.1.1 Asia-Pacific Pallet Trucks Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Pallet Trucks Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Pallet Trucks Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Pallet Trucks Forecasted Market Size by Region
7.2.1 Asia-Pacific Pallet Trucks Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Pallet Trucks Sales in Value by Region (2024-2029)
8 Latin America Pallet Trucks by Country
8.1 Latin America Pallet Trucks Historic Market Size by Country
8.1.1 Latin America Pallet Trucks Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Pallet Trucks Sales in Volume by Country (2018-2023)
8.1.3 Latin America Pallet Trucks Sales in Value by Country (2018-2023)
8.2 Latin America Pallet Trucks Forecasted Market Size by Country
8.2.1 Latin America Pallet Trucks Sales in Volume by Country (2024-2029)
8.2.2 Latin America Pallet Trucks Sales in Value by Country (2024-2029)
9 Middle East and Africa Pallet Trucks by Country
9.1 Middle East and Africa Pallet Trucks Historic Market Size by Country
9.1.1 Middle East and Africa Pallet Trucks Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Pallet Trucks Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Pallet Trucks Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Pallet Trucks Forecasted Market Size by Country
9.2.1 Middle East and Africa Pallet Trucks Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Pallet Trucks Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Toyota Industries
10.1.1 Toyota Industries Company Information
10.1.2 Toyota Industries Introduction and Business Overview
10.1.3 Toyota Industries Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Toyota Industries Pallet Trucks Products Offered
10.1.5 Toyota Industries Recent Development
10.2 Hyster Company
10.2.1 Hyster Company Company Information
10.2.2 Hyster Company Introduction and Business Overview
10.2.3 Hyster Company Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hyster Company Pallet Trucks Products Offered
10.2.5 Hyster Company Recent Development
10.3 Jungheinrich
10.3.1 Jungheinrich Company Information
10.3.2 Jungheinrich Introduction and Business Overview
10.3.3 Jungheinrich Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Jungheinrich Pallet Trucks Products Offered
10.3.5 Jungheinrich Recent Development
10.4 STILL
10.4.1 STILL Company Information
10.4.2 STILL Introduction and Business Overview
10.4.3 STILL Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.4.4 STILL Pallet Trucks Products Offered
10.4.5 STILL Recent Development
10.5 Crown
10.5.1 Crown Company Information
10.5.2 Crown Introduction and Business Overview
10.5.3 Crown Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Crown Pallet Trucks Products Offered
10.5.5 Crown Recent Development
10.6 Noblelift
10.6.1 Noblelift Company Information
10.6.2 Noblelift Introduction and Business Overview
10.6.3 Noblelift Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Noblelift Pallet Trucks Products Offered
10.6.5 Noblelift Recent Development
10.7 Ningbo Ruyi
10.7.1 Ningbo Ruyi Company Information
10.7.2 Ningbo Ruyi Introduction and Business Overview
10.7.3 Ningbo Ruyi Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Ningbo Ruyi Pallet Trucks Products Offered
10.7.5 Ningbo Ruyi Recent Development
10.8 NIULI MACHINER
10.8.1 NIULI MACHINER Company Information
10.8.2 NIULI MACHINER Introduction and Business Overview
10.8.3 NIULI MACHINER Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.8.4 NIULI MACHINER Pallet Trucks Products Offered
10.8.5 NIULI MACHINER Recent Development
10.9 PR Industrial
10.9.1 PR Industrial Company Information
10.9.2 PR Industrial Introduction and Business Overview
10.9.3 PR Industrial Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.9.4 PR Industrial Pallet Trucks Products Offered
10.9.5 PR Industrial Recent Development
10.10 Uline
10.10.1 Uline Company Information
10.10.2 Uline Introduction and Business Overview
10.10.3 Uline Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Uline Pallet Trucks Products Offered
10.10.5 Uline Recent Development
10.11 TVH Group
10.11.1 TVH Group Company Information
10.11.2 TVH Group Introduction and Business Overview
10.11.3 TVH Group Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.11.4 TVH Group Pallet Trucks Products Offered
10.11.5 TVH Group Recent Development
10.12 Godrej MaterialHandling
10.12.1 Godrej MaterialHandling Company Information
10.12.2 Godrej MaterialHandling Introduction and Business Overview
10.12.3 Godrej MaterialHandling Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Godrej MaterialHandling Pallet Trucks Products Offered
10.12.5 Godrej MaterialHandling Recent Development
10.13 RICoManufacturing
10.13.1 RICoManufacturing Company Information
10.13.2 RICoManufacturing Introduction and Business Overview
10.13.3 RICoManufacturing Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.13.4 RICoManufacturing Pallet Trucks Products Offered
10.13.5 RICoManufacturing Recent Development
10.14 Noveltek
10.14.1 Noveltek Company Information
10.14.2 Noveltek Introduction and Business Overview
10.14.3 Noveltek Pallet Trucks Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Noveltek Pallet Trucks Products Offered
10.14.5 Noveltek Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Pallet Trucks Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Pallet Trucks Industrial Chain Analysis
11.4 Pallet Trucks Market Dynamics
11.4.1 Pallet Trucks Industry Trends
11.4.2 Pallet Trucks Market Drivers
11.4.3 Pallet Trucks Market Challenges
11.4.4 Pallet Trucks Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Pallet Trucks Distributors
12.3 Pallet Trucks Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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