Pallet Truck Market
Market Insights on Pallet Truck covering sales outlook, demand forecast & up-to-date key trends
Pallet Truck Market by Control, Product Type, End Use Industry & Region - Forecast 2022 - 2032
Pallet Truck Market Outlook (2022-2032)
[263 Pages Report] The global pallet trucks market is anticipated to reach US$ 38.5 Bn in 2022. Expanding at a CAGR of 7.5%, reaching US$ 79.8 Bn by 2032. Standard and weighing, in terms of product type, currently account for more than 71% share in the global pallet trucks market.
Expansion of the e-commerce and freight & logistics sectors owing to increasing sales in the retail sector is changing the dynamics of warehousing and material handling, resulting in increased demand for pallet trucks.
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Global Pallet Truck Market Base Year Size (2021A) |
US$ 36.3 Bn |
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Estimated Market Size (2022E) |
US$ 38.5 Bn |
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Projected Market Value (2032F) |
US$ 79.8 Bn |
|
Value-based CAGR (2022-2032) |
7.5% |
|
Collective Value Share: Top 3 Countries (2021) |
47% |
Moreover, the adoption of electric vehicle technology in the material handling sector is expected to create prospects for adoption of pallet trucks. According to FMI, the global pallet trucks market accounts for 22% of its parent global material handling equipment market.
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How The Market Progressed Till June 2022?
|
Market Statistics |
Details |
|
H1,2021 (A) |
6.7% |
|
H1,2022 Projected (P) |
7.0% |
|
H1,2022 Outlook (O) |
6.9% |
|
BPS Change : H1,2022 (O) - H1,2022 (P) |
(-) 11 ↓ |
|
BPS Change : H1,2022 (O) - H1,2021 (A) |
(+) 21 ↑ |
Future Market Insights predicts a comparison and review analysis of the dynamics of the Pallet Trucks Market. The dynamics of warehousing and material handling are changing as a result of the internet, e-commerce, and freight & logistics, which is revolutionizing the retail sector and driving up demand for the pallet truck market.
The popularity of the pallet truck is increasing as there are more warehouses, and industrial transportation and logistics activities. Additionally, it is anticipated that the adoption of electric vehicle technology in the material handling industry would expand the latent development opportunities for the global pallet truck market.
According to FMI analysis, the difference between the BPS values identified in the Pallet Trucks Market in H1, 2022 - Outlook over H1, 2022 Projected shows a negative of 11 units. Notably, compared to H1, 2021, the market is expected to spike by 21 BPS in H1 -2022. the main reason for this Many customers values the adaptable payment plan that enables them to make set monthly or quarterly rent payments. Rental agreements can be customized for both the budgetary period and the revenue partners. This feature is anticipated to positively affect the growth of the pallet truck market during the coming years.
In the United States, Europe, China, and India, large public industrial programs are anticipated to appear in the building sector, expanding the potential for public-private partnerships to finance new projects. Developing nations should concentrate on fostering intra-regional trade. This is anticipated to strengthen the local construction sector even more and open up opportunities for the pallet truck market to grow.
Sales Analysis Of Pallet Trucks From 2017 To 2021 Vs Market Projections For 2022 To 2032
Between 2017 to 2021, demand for pallet trucks increased at 3.3% CAGR and is expected to grow by 3.9% in 2022. This increase in Year-on-Year growth in 2022 is due to the growing production capacities and rising demand in end-use industries such as food & beverages, retail stores, wholesale distributions, and manufacturing.
During the forecast period 2022 to 2032, the year-on-year growth rate is expected to be 7.8% in 2032, owing to rising emphasis on lean supply chain management. End-users can focus their energy, resources, and attention on their core business and everyday supply chain activities by renting pallet trucks. Pallet truck companies also ensure that pallets are available in the operational area, resulting in a lean supply chain.
Many customers appreciate flexible payment options, which allows them to pay rent monthly or quarterly at agreed-upon fixed rates. Rental agreements can be tailored for consumers according to their budgetary period. In the forthcoming, this is expected to have a significant impact on the pallet trucks market growth.
The transportation, logistics, and distribution industries are expected to be key consumers of pallet trucks. The retail, FMCG (fast-moving consumer goods), automotive, chemical, and pharmaceutical industries are driving up demand, which in turn will push pallet truck sales in the forthcoming years.
What Are The Key Opportunities For Pallet Truck Manufacturers?
Ongoing efforts to pursue nationalist trade policies in North America and Europe have prompted adjacent countries to focus on liberalizing their trade policies and strengthening their association with other countries.
This is expected to open up new growth opportunities and give investors more confidence regarding internation trade activities and logistics. Furthermore, big public industrial programs are expected to emerge in the construction industry in the U.S., Europe, China, and India, creating opportunities for public-private partnerships to fund new projects.
Developing countries are also focusing on boosting intra-regional commerce. This is predicted to boost the region's construction industry even more, as well as provide prospects for the pallet trucks market to expand.
Growing e-Commerce usage in East Asia, as well as expansion in industries such as food & beverage and retail are likely to open up profitable commercial prospects in the region. Mnaufacturers are aiming to benefit from the ongoing trend of online retail in countries such as India, South Korea, Japan and China to improve sales. This is expected to augment the growth in the global pallet truck market.
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Talk to AnalystWhat Are The Recent Trends Impacting The Pallet Trucks Demand?
Customers’ expectations for material handling are continually changing, especially when it comes to same-day delivery and unpredictable product volumes. Manufacturers are dealing with shorter overall lead times and increasingly complex logistics, owing to a growth in the number of warehouses and the necessity for sites closer to customers.
Owing to the value addition in the processes of industries due to advanced technologies in assembly lines, material handling, and packaging lines, demand for electric pallet trucks is rising. Increasing focus on better energy efficiency is one of the trends driving demand for electric pallet trucks.
Shifting preference from IC engines toward electric-powered forklifts and pallet trucks is leading tpo product innovations in the market, thereby creating prospects for growth in the forthcoming years.
Country-Wise Insights
How is the U.S. Pallet Truck Market Faring?
“Expansion in the Retail Sector Will Boost Sales of Pallet Trucks”
Total sales in the U.S. held around 86.9% of the North America pallet truck market in 2021 and are expected to increase at a 7.2% CAGR through 2032. The food and beverages, and wholesale distribution sectors in the U.S. are expanding, demand in the country is predicted to increase at a considerable pace over the assessment period.
The food & beverage sector in the U.S. is increasingly adopting technologically advanced material hjandeling equipment for optimal warehousing. As a result, pallet trucks are expected to gain traction in the country as demand for efficient, safe and cost effective transportation and storage of food and beverage items.
What will be the Demand Outlook in the China Pallet Truck Market?
“Surging Adoption of Electric Pallet Trucks in the Food and Beverage Sector Will Fuel Sales in China”
China has food safety regulations and import controls in place, allowing the country to maintain a multi-layered regulatory framework for its food and beverage products being retailed at ecommerce platforms. Driven by this, total sales in the China market are expected to reach a valuation of US$ 22.5 Bn over the forecast period.
Why is the Germany Pallet Track Market Considered Lucrative?
“Manufactrers in Germany are Preferring Hydraulic Pallet Trucks”
Over the forecast period, demand in the pallet trucks market in Germany is projected to grow at a CAGR of 5.6%. By the end of 2032, total sales in the country are anticipated to reach US$ 4.5 Bn due to the rising demand from the manufacturing and freight & logistics sectors.
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Category-Wise Insights
Which Control Type in Pallet Trucks is Most Popular?
“Rising Demand for Electric Pallet Trucks Will Steer Growth”
Based on control type, the electric segment is projected to account for 45% of the total market share through 2032.
In comparison to other control type such as manual, semi-electric, and diesel, electric pallet trucks continue to be the most popular. Hence, electrically operated pallet trucks are projected to gain 880 BPS points through the forecast period.
Which is the Dominant Product Type in the Pallet Truck Market?
“Sales of Standard Pallet Trucks Will Gain Traction”
In terms of product type, sales in the standard segment will account for more than 62% of the total market share by 2032. Due to its ease of handling, manufacturers are preferring these trucks over other types.
Which End-Use Sector Benefits the Most from Pallet Trucks?
“Adoption of Pallet Trucks the Wholesale Distribution Segment to Remain High”
According to study, the wholesale distribution sector accounts almost for one-fourth share of the global pallet trucks market and the trend is expected to continue over the assessment period. Owing to rapid expansion in the packaged food sector in North America and Europe, the food and beverage industry is likely to dominate the market in terms of growth.
Competitive Landscape
Leading pallet truck manufacturers are investing in a wide array of technologies, such as automation, IoT, vision guidance systems, lasers, and GPS. Many players are also incorporating autonomous trucks and automated guided vehicle systems (AGVs) into end-to-end solutions for warehouses.
Globally, key manufacturers are focusing on long-term pricing contracts with raw material suppliers to avoid volatile price fluctuations in raw materials. Some of the leading players operating in the market include Kion Group, Toyota Industries Corporation, Jungheinrich AG, and Hyster Company.
Pallet Truck Market Report Scope
|
Attribute |
Details |
|
Forecast Period |
2022-2032 |
|
Historical Data Available for |
2017-2021 |
|
Market Analysis |
US$ Billion for Value |
|
Key Regions Covered |
North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa |
|
Key Countries Covered |
The U.S., Canada, Mexico, Brazil, Germany, Italy, France, the U.K., Spain, BENELUX, Russia, China, Japan, South Korea, India, ASEAN, ANZ, Turkey, South Africa, and Northern Africa. |
|
Key Market Segments Covered |
Control, Product Type, Load capacity, End-Use Industry, and Region |
|
Key Companies Profiled |
|
|
Report Coverage |
Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives |
Key Segments Covered In Pallet Pooling Industry Analysis
Control:
- Manual
- Semi-Electric
- Electric
- Diesel
- Compressed Natural Gas (CNG)
- Others
Product Type:
- Standard
- Quarter
- Silent
- Weighing
- Scissor
Load Capacity:
- Below 2000 Kg
- 2000 – 4000 Kg
- 4000 – 6000 Kg
- Above 6000 Kg
End-Use Industry:
- Food & Beverages
- Retail stores
- Wholesale Distributions
- Freight and Logistics
- Manufacturing
- Others
Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
Frequently Asked Questions
The global pallet truck market is expected to reach US$ 38.5 Bn in 2022.
Sales of pallet trucks are slated to surge at a CAGR of around 7.5% from 2022 to 2032.
The U.S., China, Germany, and Japan are lucrative markets for the pallet truck market.
Tier-1 firms such as Kion Group, Toyota Industries Corporation, Mitsubishi logisnext, Jungheinrich AG, and Crown Equipment Corporation accounted for around 75% of worldwide revenue in 2021.
The market for pallet trucks in China is expected to surge at 9.1% CAGR through 2032.
Standard pallet trucks are most commonly used in the market.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
5. Global Pallet Truck Market Demand Analysis 2017–2021 and Forecast, 2022–2032
5.1. Historical Market Volume ('000 Units) Analysis, 2017–2021
5.2. Current and Future Market Volume ('000 Units) Projections, 2022–2032
5.3. Y-o-Y Growth Trend Analysis
6. Global Pallet Truck Market - Pricing Analysis
6.1. Regional Pricing Analysis By Control Type
6.2. Global Average Pricing Analysis Benchmark
7. Global Pallet Truck Market Demand (in Value or Size in US$ Bn) Analysis 2017–2021 and Forecast, 2022–2032
7.1. Historical Market Value (US$ Bn) Analysis, 2017–2021
7.2. Current and Future Market Value (US$ Bn) Projections, 2022–2032
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.1.1. Global GDP Growth Outlook
8.1.2. Global Industry Value Added Overview
8.1.3. Global Economy size and share
8.1.4. Food and beverages industry overview
8.2. Forecast Factors - Relevance & Impact
8.2.1. Growth in logistics & transport Industries
8.2.2. Developing E-commerce businesses
8.2.3. Other Forecast Factors.
8.3. Value Chain
8.3.1. List of Manufacturers
8.3.2. List of End User types
8.3.3. List of components suppliers
8.3.4. List of Physical Distributors
8.3.5. Trade Margins/Profit Margins
8.4. COVID-19 Crisis – Impact Assessment
8.4.1. Current Statistics
8.4.2. Short-Mid-Long Term Outlook
8.4.3. Likely Rebound
8.5. Patent analysis
8.6. Market dynamics
8.6.1. Drivers
8.6.2. Restraints
8.6.3. Opportunity Analysis
8.7. Global Supply Demand Analysis
9. Global Pallet Truck Market Analysis 2017–2021 and Forecast 2022–2032, By control Type
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Bn) and Volume Analysis By control Type, 2017–2021
9.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By control Type, 2022–2032
9.3.1. Manual
9.3.2. semi-electric
9.3.3. Electric
9.3.4. Diesel
9.3.5. Compressed Natural Gas (CNG)
9.3.6. Others
9.4. Market Attractiveness Analysis By control
10. Global Pallet Truck Market Analysis 2017–2021 and Forecast 2022–2032, By product type
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Bn) and Volume Analysis By product type, 2017–2021
10.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By product type, 2022–2032
10.3.1. Standard
10.3.2. Quarter
10.3.3. Silent
10.3.4. Weighing
10.3.5. Scissor
10.4. Market Attractiveness Analysis By Product type
11. Global Pallet Truck Market Analysis 2017–2021 and Forecast 2022–2032, By Load Capacity
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Bn) and Volume Analysis By Load Capacity, 2017–2021
11.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Load Capacity, 2022–2032
11.3.1. Below 2000 Kg
11.3.2. 2 – 2000-4000 Kg
11.3.3. 7 – 4000-6000 Kg
11.3.4. 11 – Above 6000 Kg
11.4. Market Attractiveness Analysis By Cooling Capacity
12. Global Pallet Truck Market Analysis 2017–2021 and Forecast 2022–2032, By End Use
12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Bn) and Volume Analysis By End Use, 2017–2021
12.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By End Use, 2022–2032
12.3.1. Food & Beverages
12.3.2. Retail Stores
12.3.3. Wholesale Distributions
12.3.4. Freight & Logistics
12.3.5. Manufacturing
12.3.6. Others
12.4. Market Attractiveness Analysis By End Use
13. Global Pallet Truck Market Analysis 2017–2021 and Forecast 2022–2032, by Region
13.1. Introduction
13.2. Historical Market Size (US$ Bn) and Volume Analysis By Region, 2017–2021
13.3. Current Market Size (US$ Bn) and Volume Analysis and Forecast By Region, 2022–2032
13.3.1. North America
13.3.2. Latin America
13.3.3. Europe
13.3.4. East Asia
13.3.5. South Asia and pacific
13.3.6. Middle East & Africa
13.4. Market Attractiveness Analysis By Region
14. North America Pallet Truck Market Analysis 2017–2021 and Forecast 2022–2032
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2017–2021
14.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2022–2032
14.4.1. By Country
14.4.1.1. U.S.
14.4.1.2. Canada
14.4.2. By Product Type
14.4.3. By control
14.4.4. By Load Capacity
14.4.5. By End Use
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By control
14.5.3. By product type
14.5.4. By Load Capacity
14.5.5. By End Use
14.6. Market Trends
14.7. Key Market Participants - Intensity Mapping
14.8. Drivers and Restraints - Impact Analysis
15. Latin America Pallet Truck Market Analysis 2017–2021 and Forecast 2022–2032
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2017–2021
15.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2022–2032
15.4.1. By Country
15.4.1.1. Brazil
15.4.1.2. Mexico
15.4.1.3. Rest of Latin America
15.4.2. By control
15.4.3. By product type
15.4.4. By load capacity
15.4.5. By End Use
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By control
15.5.3. By product type
15.5.4. By load Capacity
15.5.5. By End Use
15.6. Market Trends
15.7. Key Market Participants - Intensity Mapping
15.8. Drivers and Restraints - Impact Analysis
16. Europe Pallet Truck Market Analysis 2017–2021 and Forecast 2022–2032
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2017–2021
16.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2022–2032
16.4.1. By Country
16.4.1.1. Germany
16.4.1.2. Italy
16.4.1.3. France
16.4.1.4. U.K.
16.4.1.5. Spain
16.4.1.6. BENELUX
16.4.1.7. Russia
16.4.1.8. Rest of Europe
16.4.2. By control
16.4.3. By product type
16.4.4. By Load capacity
16.4.5. By End Use
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By control
16.5.3. By product type
16.5.4. By load Capacity
16.5.5. By End Use
16.6. Market Trends
16.7. Key Market Participants - Intensity Mapping
16.8. Drivers and Restraints - Impact Analysis
17. East Asia Pallet Truck Market Analysis 2017–2021 and Forecast 2022–2032
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2017–2021
17.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2022–2032
17.4.1. By Country
17.4.1.1. China
17.4.1.2. Japan
17.4.1.3. South Korea
17.4.2. By control
17.4.3. By product type
17.4.4. By load Capacity
17.4.5. By End Use
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By control
17.5.3. By product type
17.5.4. By load Capacity
17.5.5. By End Use
17.6. Market Trends
17.7. Key Market Participants - Intensity Mapping
17.8. Drivers and Restraints - Impact Analysis
18. South Asia & Pacific Pallet Truck Market Analysis 2017–2021 and Forecast 2022–2032
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2017–2021
18.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2022–2032
18.4.1. By Country
18.4.1.1. India
18.4.1.2. Thailand
18.4.1.3. Indonesia
18.4.1.4. Malaysia
18.4.1.5. Oceania
18.4.1.6. Rest of south Asia
18.4.2. By control
18.4.3. By product type
18.4.4. By load Capacity
18.4.5. By End Use
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By control
18.5.3. By product type
18.5.4. By Load capacity
18.5.5. By End Use
18.6. Market Trends
18.7. Key Market Participants - Intensity Mapping
18.8. Drivers and Restraints - Impact Analysis
19. Middle East and Africa Pallet Truck Market Analysis 2017–2021 and Forecast 2022–2032
19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2017–2021
19.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2022–2032
19.4.1. By Country
19.4.1.1. GCC Countries
19.4.1.2. Turkey
19.4.1.3. Northern Africa
19.4.1.4. South Africa
19.4.1.5. Rest of Middle East and Africa
19.4.2. By control
19.4.3. By product type
19.4.4. By load Capacity
19.4.5. By End Use
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By control
19.5.3. By product type
19.5.4. By load Capacity
19.5.5. By End Use
19.6. Market Trends
19.7. Key Market Participants - Intensity Mapping
19.8. Drivers and Restraints - Impact Analysis
20. Emerging Countries Pallet Truck Market Analysis
20.1. Introduction
20.1.1. Market Value Proportion Analysis, By Key Countries
20.1.2. Global Vs. Country Growth Comparison
20.2. U.S. Pallet Truck Market Analysis
20.2.1. By control
20.2.2. By product type
20.2.3. By load Capacity
20.2.4. By End Use
20.3. Canada Pallet Truck Market Analysis
20.3.1. By control
20.3.2. By product type
20.3.3. By load Capacity
20.3.4. By End Use
20.4. Mexico Pallet Truck Market Analysis
20.4.1. By control
20.4.2. By product type
20.4.3. By load Capacity
20.4.4. By End Use
20.5. Brazil Pallet Truck Market Analysis
20.5.1. By control
20.5.2. By product type
20.5.3. By load Capacity
20.5.4. By End Use
20.6. Germany Pallet Truck Market Analysis
20.6.1. By control
20.6.2. By product type
20.6.3. By load Capacity
20.6.4. By End Use
20.7. Italy Pallet Truck Market Analysis
20.7.1. By control
20.7.2. By product type
20.7.3. By load Capacity
20.7.4. By End Use
20.8. France Pallet Truck Market Analysis
20.8.1. By control
20.8.2. By product type
20.8.3. By load Capacity
20.8.4. By End Use
20.9. U.K. Pallet Truck Market Analysis
20.9.1. By control
20.9.2. By product type
20.9.3. By load Capacity
20.9.4. By End Use
20.10. Spain Pallet Truck Market Analysis
20.10.1. By control
20.10.2. By product type
20.10.3. By load Capacity
20.10.4. By End Use
20.11. BENELUX Pallet Truck Market Analysis
20.11.1. By control
20.11.2. By product type
20.11.3. By load Capacity
20.11.4. By End Use
20.12. Russia Pallet Truck Market Analysis
20.12.1. By control
20.12.2. By product type
20.12.3. By load Capacity
20.12.4. By End Use
20.13. China Pallet Truck Market Analysis
20.13.1. By control
20.13.2. By product type
20.13.3. By load Capacity
20.13.4. By End Use
20.14. Japan Pallet Truck Market Analysis
20.14.1. By control
20.14.2. By product type
20.14.3. By load Capacity
20.14.4. By End Use
20.15. S. Korea Pallet Truck Market Analysis
20.15.1. By control
20.15.2. By product type
20.15.3. By load Capacity
20.15.4. By End Use
20.16. India Pallet Truck Market Analysis
20.16.1. By control
20.16.2. By product type
20.16.3. By load Capacity
20.16.4. By End Use
20.17. Thailand Pallet Truck Market Analysis
20.17.1. By control
20.17.2. By product type
20.17.3. By load Capacity
20.17.4. By End Use
20.18. Indonesia Pallet Truck Market Analysis
20.18.1. By control
20.18.2. By product type
20.18.3. By load Capacity
20.18.4. By End Use
20.19. Malaysia Pallet Truck Market Analysis
20.19.1. By control
20.19.2. By product type
20.19.3. By load Capacity
20.19.4. By End Use
20.20. Australia and New Zealand Pallet Truck Market Analysis
20.20.1. By control
20.20.2. By product type
20.20.3. By load Capacity
20.20.4. By End Use
20.21. New Zealand and New Zealand Pallet Truck Market Analysis
20.21.1. By control
20.21.2. By product type
20.21.3. By load Capacity
20.21.4. By End Use
20.22. GCC Countries Pallet Truck Market Analysis
20.22.1. By control
20.22.2. By product type
20.22.3. By load Capacity
20.22.4. By End Use
20.23. Turkey Pallet Truck Market Analysis
20.23.1. By control
20.23.2. By product type
20.23.3. By load Capacity
20.23.4. By End Use
20.24. Northern Africa Pallet Truck Market Analysis
20.24.1. By control
20.24.2. By product type
20.24.3. By load Capacity
20.24.4. By End Use
20.25. South Africa Pallet Truck Market Analysis
20.25.1. By control
20.25.2. By product type
20.25.3. By load Capacity
20.25.4. By End Use
21. Market Structure Analysis
21.1. Market Analysis by Tier of Companies (Pallet Truck)
21.2. Market Share Analysis of Top Players
21.3. Market Presence Analysis
22. Competition Analysis
22.1. Competition Dashboard
22.2. Competition Benchmarking
22.3. Competition Deep Dive
22.3.1. Kion Group
22.3.1.1. Overview
22.3.1.2. Product Portfolio
22.3.1.3. Profitability by Market Segments (Product/Channel/Region)
22.3.1.4. Sales Footprint
22.3.1.5. Strategy Overview
22.3.2. Toyota industries corporation
22.3.2.1. Overview
22.3.2.2. Product Portfolio
22.3.2.3. Profitability by Market Segments (Product/Channel/Region)
22.3.2.4. Sales Footprint
22.3.2.5. Strategy Overview
22.3.3. Mitsubishi logisnext
22.3.3.1. Overview
22.3.3.2. Product Portfolio
22.3.3.3. Profitability by Market Segments (Product/Channel/Region)
22.3.3.4. Sales Footprint
22.3.3.5. Strategy Overview
22.3.4. Jungheinrich AG
22.3.4.1. Overview
22.3.4.2. Product Portfolio
22.3.4.3. Profitability by Market Segments (Product/Channel/Region)
22.3.4.4. Sales Footprint
22.3.4.5. Strategy Overview
22.3.5. Crown equipment corporation
22.3.5.1. Overview
22.3.5.2. Product Portfolio
22.3.5.3. Profitability by Market Segments (Product/Channel/Region)
22.3.5.4. Sales Footprint
22.3.5.5. Strategy Overview
22.3.6. Hyster Company
22.3.6.1. Overview
22.3.6.2. Product Portfolio
22.3.6.3. Profitability by Market Segments (Product/Channel/Region)
22.3.6.4. Sales Footprint
22.3.6.5. Strategy Overview
22.3.7. Goscor lifts truck
22.3.7.1. Overview
22.3.7.2. Product Portfolio
22.3.7.3. Profitability by Market Segments (Product/Channel/Region)
22.3.7.4. Sales Footprint
22.3.7.5. Strategy Overview
22.3.8. Hyundai heavy industries
22.3.8.1. Overview
22.3.8.2. Product Portfolio
22.3.8.3. Profitability by Market Segments (Product/Channel/Region)
22.3.8.4. Sales Footprint
22.3.8.5. Strategy Overview
22.3.9. Godrej & Boyce
22.3.9.1. Overview
22.3.9.2. Product Portfolio
22.3.9.3. Profitability by Market Segments (Product/Channel/Region)
22.3.9.4. Sales Footprint
22.3.9.5. Strategy Overview
22.3.10. Nikamal Limited
22.3.10.1. Overview
22.3.10.2. Product Portfolio
22.3.10.3. Profitability by Market Segments (Product/Channel/Region)
22.3.10.4. Sales Footprint
22.3.10.5. Strategy Overview
Note: List of companies is subject to refinement and augmentation during the course of research
23. Assumptions and Acronyms Used
24. Research Methodology
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List of Tables
Table 01: Global Pallet Truck Market Volume (‘000 Units) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 02: Global Pallet Truck Market Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 03: Global Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Product Type
Table 04: Global Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Load Capacity
Table 05: Global Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by End Use
Table 06: Global Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Region
Table 07: North America Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Country
Table 08: North America Pallet Truck Market Volume (‘000 Units) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 09: North America Pallet Truck Market Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 10: North America Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Product Type
Table 11: North America Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Load Capacity
Table 12: North America Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by End Use
Table 13: Latin America Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Country
Table 14: Latin America Pallet Truck Market Volume (‘000 Units) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 15: Latin America Pallet Truck Market Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 16: Latin America Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Product Type
Table 17: Latin America Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Load Capacity
Table 18: Latin America Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by End Use
Table 19: Europe Pallet Truck Market Volume (‘000 Units) Historical Data 2017– 2021 and Forecast 2022-2032 by Country
Table 20: Europe Pallet Truck Market Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Country
Table 21: Europe Pallet Truck Market Volume (‘000 Units) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 22: Europe Pallet Truck Market Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 23: Europe Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Product Type
Table 24: Europe Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Load Capacity
Table 25: Europe Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by End Use
Table 26: East Asia Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Country
Table 27: East Asia Pallet Truck Market Volume (‘000 Units) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 28: East Asia Pallet Truck Market Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 29: East Asia Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Product Type
Table 30: East Asia Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Load Capacity
Table 31: East Asia Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by End Use
Table 32: South Asia & Pacific Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Country
Table 33: South Asia & Pacific Pallet Truck Market Volume (‘000 Units) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 34: South Asia & Pacific Pallet Truck Market Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 35: South Asia & Pacific Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Product Type
Table 36: South Asia & Pacific Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Load Capacity
Table 37: South Asia & Pacific Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by End Use
Table 38: Middle East & Africa Pallet Truck Market Volume (‘000 Units) Historical Data 2017– 2021 and Forecast 2022-2032 by Country
Table 39: Middle East & Africa Pallet Truck Market Volume (‘000 Units) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 40: Middle East & Africa Pallet Truck Market Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Control
Table 41: Middle East & Africa Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Product Type
Table 42: Middle East & Africa Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by Load Capacity
Table 43: Middle East & Africa Pallet Truck Market Volume (‘000 Units) and Value (US$ Bn) Historical Data 2017– 2021 and Forecast 2022-2032 by End Use
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Figure 01: Global Pallet Truck Market Historical Volume (Units), 2017 – 2021
Figure 02: Global Pallet Truck Market Volume (‘000 Units) Forecast, 2022 – 2032
Figure 03: Global Pallet Truck Market Size (2017-2021)
Figure 04: Global Pallet Truck Absolute $ Opportunity Analysis (2017-2032)
Figure 05: Global Pallet Truck Market Size (2022-2032)
Figure 06: Global Pallet Truck Market Share and BPS Analysis by Control- 2022-2032
Figure 07: Global Pallet Truck Market Y-o-Y Analysis by Control- 2021-2032
Figure 08: Global Pallet Truck Market Attractiveness Analysis by Control, 2022-2032
Figure 09: Global Pallet Truck Market Share and BPS Analysis by Product Type - 2022-2032
Figure 10: Global Pallet Truck Market Y-o-Y Analysis by Product Type - 2021-2032
Figure 11: Global Pallet Truck Market Attractiveness Analysis by Product Type, 2022-2032
Figure 12: Global Pallet Truck Market Share and BPS Analysis by Load Capacity - 2022-2032
Figure 13: Global Pallet Truck Market Y-o-Y Analysis by Load Capacity - 2021-2032
Figure 14: Global Pallet Truck Market Attractiveness Analysis by Load Capacity, 2022-2032
Figure 15: Global Pallet Truck Market Share and BPS Analysis by End Use- 2022-2032
Figure 16: Global Pallet Truck Market Y-o-Y Analysis by End Use- 2021-2032
Figure 17: Global Pallet Truck Market Attractiveness Analysis by End Use, 2022-2032
Figure 18: Global Pallet Truck Market Share and BPS Analysis by Region - 2022-2032
Figure 19: Global Pallet Truck Market Y-o-Y Analysis by Region - 2021-2032
Figure 20: Global Pallet Truck Market Attractiveness Analysis by Region, 2022-2032
Figure 21: North America Pallet Truck Market Share and BPS Analysis by Country- 2022-2032
Figure 22: North America Pallet Truck Market Y-o-Y Analysis by Country- 2021-2032
Figure 23: North America Pallet Truck Market Attractiveness Analysis by Country, 2022-2032
Figure 24: North America Pallet Truck Market Share and BPS Analysis by Control- 2022-2032
Figure 25: North America Pallet Truck Market Y-o-Y Analysis by Control- 2021-2032
Figure 26: North America Pallet Truck Market Attractiveness Analysis by Control, 2022-2032
Figure 27: North America Pallet Truck Market Share and BPS Analysis by Product Type - 2022-2032
Figure 28: North America Pallet Truck Market Y-o-Y Analysis by Product Type - 2021-2032
Figure 29: North America Pallet Truck Market Attractiveness Analysis by Product Type, 2022-2032
Figure 30: North America Pallet Truck Market Share and BPS Analysis by Load Capacity - 2022-2032
Figure 31: North America Pallet Truck Market Y-o-Y Analysis by Load Capacity - 2021-2032
Figure 32: North America Pallet Truck Market Attractiveness Analysis by Load Capacity, 2022-2032
Figure 33: North America Pallet Truck Market Share and BPS Analysis by End Use- 2022-2032
Figure 34: North America Pallet Truck Market Y-o-Y Analysis by End Use- 2021-2032
Figure 35: North America Pallet Truck Market Attractiveness Analysis by End Use, 2022-2032
Figure 36: Latin America Pallet Truck Market Share and BPS Analysis by Country- 2022-2032
Figure 37: Latin America Pallet Truck Market Y-o-Y Analysis by Country- 2021-2032
Figure 38: Latin America Pallet Truck Market Attractiveness Analysis by Country, 2022-2032
Figure 39: Latin America Pallet Truck Market Share and BPS Analysis by Control- 2022-2032
Figure 40: Latin America Pallet Truck Market Y-o-Y Analysis by Control- 2021-2032
Figure 41: Latin America Pallet Truck Market Attractiveness Analysis by Control, 2022-2032
Figure 42: Latin America Pallet Truck Market Share and BPS Analysis by Product Type - 2022-2032
Figure 43: Latin America Pallet Truck Market Y-o-Y Analysis by Product Type - 2021-2032
Figure 44: Latin America Pallet Truck Market Attractiveness Analysis by Product Type, 2022-2032
Figure 45: Latin America Pallet Truck Market Share and BPS Analysis by Load Capacity - 2022-2032
Figure 46: Latin America Pallet Truck Market Y-o-Y Analysis by Load Capacity - 2021-2032
Figure 47: Latin America Pallet Truck Market Attractiveness Analysis by Load Capacity, 2022-2032
Figure 48: Latin America Pallet Truck Market Share and BPS Analysis by End Use- 2022-2032
Figure 49: Latin America Pallet Truck Market Y-o-Y Analysis by End Use- 2021-2032
Figure 50: Latin America Pallet Truck Market Attractiveness Analysis by End Use, 2022-2032
Figure 51: Europe Pallet Truck Market Share and BPS Analysis by Country- 2022-2032
Figure 52: Europe Pallet Truck Market Y-o-Y Analysis by Country- 2021-2032
Figure 53: Europe Pallet Truck Market Attractiveness Analysis by Country, 2022-2032
Figure 54: Europe Pallet Truck Market Share and BPS Analysis by Control- 2022-2032
Figure 55: Europe Pallet Truck Market Y-o-Y Analysis by Control- 2021-2032
Figure 56: Europe Pallet Truck Market Attractiveness Analysis by Control, 2022-2032
Figure 57: Europe Pallet Truck Market Share and BPS Analysis by Product Type - 2022-2032
Figure 58: Europe Pallet Truck Market Y-o-Y Analysis by Product Type - 2021-2032
Figure 59: Europe Pallet Truck Market Attractiveness Analysis by Product Type, 2022-2032
Figure 60: Europe Pallet Truck Market Share and BPS Analysis by Load Capacity - 2022-2032
Figure 61: Europe Pallet Truck Market Y-o-Y Analysis by Load Capacity - 2021-2032
Figure 62: Europe Pallet Truck Market Attractiveness Analysis by Load Capacity, 2022-2032
Figure 63: Europe Pallet Truck Market Share and BPS Analysis by End Use- 2022-2032
Figure 64: Europe Pallet Truck Market Y-o-Y Analysis by End Use- 2021-2032
Figure 65: Europe Pallet Truck Market Attractiveness Analysis by End Use, 2022-2032
Figure 66: East Asia Pallet Truck Market Share and BPS Analysis by Country- 2022-2032
Figure 67: East Asia Pallet Truck Market Y-o-Y Analysis by Country- 2021-2032
Figure 68: East Asia Pallet Truck Market Attractiveness Analysis by Country, 2022-2032
Figure 69: East Asia Pallet Truck Market Share and BPS Analysis by Control- 2022-2032
Figure 70: East Asia Pallet Truck Market Y-o-Y Analysis by Control- 2021-2032
Figure 71: East Asia Pallet Truck Market Attractiveness Analysis by Control, 2022-2032
Figure 72: East Asia Pallet Truck Market Share and BPS Analysis by Product Type - 2022-2032
Figure 73: East Asia Pallet Truck Market Y-o-Y Analysis by Product Type - 2021-2032
Figure 74: East Asia Pallet Truck Market Attractiveness Analysis by Product Type, 2022-2032
Figure 75: East Asia Pallet Truck Market Share and BPS Analysis by Load Capacity - 2022-2032
Figure 76: East Asia Pallet Truck Market Y-o-Y Analysis by Load Capacity - 2021-2032
Figure 77: East Asia Pallet Truck Market Attractiveness Analysis by Load Capacity, 2022-2032
Figure 78: East Asia Pallet Truck Market Share and BPS Analysis by End Use- 2022-2032
Figure 79: East Asia Pallet Truck Market Y-o-Y Analysis by End Use- 2021-2032
Figure 80: East Asia Pallet Truck Market Attractiveness Analysis by End Use, 2022-2032
Figure 81: South Asia & Pacific Pallet Truck Market Share and BPS Analysis by Country- 2022-2032
Figure 82: South Asia & Pacific Pallet Truck Market Y-o-Y Analysis by Country- 2021-2032
Figure 83: South Asia & Pacific Pallet Truck Market Attractiveness Analysis by Country, 2022-2032
Figure 84: South Asia & Pacific Pallet Truck Market Share and BPS Analysis by Control- 2022-2032
Figure 85: South Asia & Pacific Pallet Truck Market Y-o-Y Analysis by Control- 2021-2032
Figure 86: South Asia & Pacific Pallet Truck Market Attractiveness Analysis by Control, 2022-2032
Figure 87: South Asia & Pacific Pallet Truck Market Share and BPS Analysis by Product Type - 2022-2032
Figure 88: South Asia & Pacific Pallet Truck Market Y-o-Y Analysis by Product Type - 2021-2032
Figure 89: South Asia & Pacific Pallet Truck Market Attractiveness Analysis by Product Type, 2022-2032
Figure 90: South Asia & Pacific Pallet Truck Market Share and BPS Analysis by Load Capacity - 2022-2032
Figure 91: South Asia & Pacific Pallet Truck Market Y-o-Y Analysis by Load Capacity - 2021-2032
Figure 92: South Asia & Pacific Pallet Truck Market Attractiveness Analysis by Load Capacity, 2022-2032
Figure 93: South Asia & Pacific Pallet Truck Market Share and BPS Analysis by End Use- 2022-2032
Figure 94: South Asia & Pacific Pallet Truck Market Y-o-Y Analysis by End Use- 2021-2032
Figure 95: South Asia & Pacific Pallet Truck Market Attractiveness Analysis by End Use, 2022-2032
Figure 96: Middle East & Africa Pallet Truck Market Share and BPS Analysis by Country- 2022-2032
Figure 97: Middle East & Africa Pallet Truck Market Y-o-Y Analysis by Country- 2021-2032
Figure 98: Middle East & Africa Pallet Truck Market Attractiveness Analysis by Country, 2022-2032
Figure 99: Middle East & Africa Pallet Truck Market Share and BPS Analysis by Control- 2022-2032
Figure 100: Middle East & Africa Pallet Truck Market Y-o-Y Analysis by Control- 2021-2032
Figure 101: Middle East & Africa Pallet Truck Market Attractiveness Analysis by Control, 2022-2032
Figure 102: Middle East & Africa Pallet Truck Market Share and BPS Analysis by Product Type - 2022-2032
Figure 103: Middle East & Africa Pallet Truck Market Y-o-Y Analysis by Product Type - 2021-2032
Figure 104: Middle East & Africa Pallet Truck Market Attractiveness Analysis by Product Type, 2022-2032
Figure 105: Middle East & Africa Pallet Truck Market Share and BPS Analysis by Load Capacity - 2022-2032
Figure 106: Middle East & Africa Pallet Truck Market Y-o-Y Analysis by Load Capacity - 2021-2032
Figure 107: Middle East & Africa Pallet Truck Market Attractiveness Analysis by Load Capacity, 2022-2032
Figure 108: Middle East & Africa Pallet Truck Market Share and BPS Analysis by End Use- 2022-2032
Figure 109: Middle East & Africa Pallet Truck Market Y-o-Y Analysis by End Use- 2021-2032
Figure 110: Middle East & Africa Pallet Truck Market Attractiveness Analysis by End Use, 2022-2032
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