PUBLISHER: Persistence Market Research | PRODUCT CODE: 1513666

PUBLISHER: Persistence Market Research | PRODUCT CODE: 1513666

U.S. and Canada Material Handling Carts Market: Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

PUBLISHED: July 9, 2024

PAGES: 223 Pages

DELIVERY TIME: 2-5 business days

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Description

Persistence Market Research has recently released a comprehensive report on the U.S. and Canada Material Handling Carts Market. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

Material Handling Carts Market Size (2024E): USD 725.4 Million
Projected Market Value (2033F): USD 1298.5 Million
Market Growth Rate (CAGR 2024 to 2033): 6.7%

Material Handling Carts Market - Report Scope:

Material handling carts play a crucial role in various industries, including manufacturing, retail, logistics, and warehousing. These carts are essential for efficiently transporting goods and materials within facilities, enhancing workflow and productivity. The market for material handling carts caters to a wide range of applications, offering diverse cart types such as platform carts, shelf carts, utility carts, and specialized carts for specific industry needs. Market growth is driven by increasing industrialization, the rise of e-commerce, and the need for ergonomic and efficient material transport solutions.

Market Growth Drivers:

The material handling carts market in the U.S. and Canada is propelled by several key factors, including the rapid growth of e-commerce and logistics sectors, which demand efficient material transport systems to manage high volumes of goods. The manufacturing industry's ongoing automation and modernization efforts also drive demand for advanced material handling solutions. Additionally, the emphasis on workplace safety and ergonomics has led to the adoption of carts designed to reduce manual handling injuries and improve worker efficiency.

Market Restraints:

Despite promising growth prospects, the material handling carts market faces challenges related to the high initial investment costs and maintenance expenses associated with advanced cart systems. Additionally, fluctuations in raw material prices, particularly steel and aluminum, impact the manufacturing costs and pricing of material handling carts. Limited adoption of automated and advanced carts in small and medium-sized enterprises (SMEs) due to budget constraints and lack of awareness also pose challenges to market penetration.

Market Opportunities:

The material handling carts market presents significant growth opportunities driven by technological innovations, customization trends, and the expanding application scope in various industries. The integration of smart technologies, such as IoT and automation, enhances the functionality and efficiency of material handling carts, providing real-time tracking, load monitoring, and improved workflow management. Furthermore, the increasing focus on sustainable and eco-friendly solutions opens new avenues for market players to develop carts made from recycled materials and energy-efficient designs. Strategic collaborations with industry stakeholders and investments in R&D are essential to capitalize on emerging opportunities and sustain market leadership.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the material handling carts market in the U.S. and Canada?
Which cart types and applications are driving adoption across different industries?
How are technological advancements reshaping the competitive landscape of the material handling carts market?
Who are the key players contributing to the market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the material handling carts market?

Competitive Intelligence and Business Strategy:

Leading players in the U.S. and Canada material handling carts market, including Grainger, Inc., Uline, and Global Industrial, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced material handling solutions, including automated and smart carts, catering to diverse industry needs and operational requirements. Collaborations with manufacturers, distributors, and technology providers facilitate market access and promote technology adoption. Moreover, emphasis on customer-centric design, durability, and operational efficiency fosters market growth and enhances customer satisfaction in the rapidly evolving material handling landscape.

Key Companies Profiled:

Flexqube
Manitowoc Company, Inc.
Beumer Group
Crown Equipment Corporation
American Grinding and Machine Company
Toyota Industries Corp.
Qingdao Benco Industry
Sharp Industry
Savant Automation
Steel King Industries
Laksi Carts Inc.
Steel Mill Cranes
W.W Grainger
RDM Industrial Products
Unitran Manufacturers
Little Giant
Rubbermaid Commercial Products
Galifco Oregon

North America Material Handling Carts Industry Segmentation

By Product Type:

Manual
Semi-Automatic
Automatic

By Material:

Aluminum
Steel
Stainless Steel
Plastic

By Sales Channel:

Online
Offline

By Application:

Retail & Grocery
Food & Beverages
Manufacturing
Logistics
e-Commerce
Automotive
Government

By Country:

U.S.
Canada
Mexico

Product Code: PMRREP33457

1. Executive Summary

1.1. North America 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. North America Material Handling Carts Market Demand Analysis 2019-2023 and Forecast, 2024-2033

5.1. Historical Market Volume (Units) Analysis, 2019-2023
5.2. Current and Future Market Volume (Units) Projections, 2024-2033
5.3. Y-o-Y Growth Trend Analysis

6. North America Material Handling Carts Market - Pricing Analysis

6.1. Country-wise Pricing Analysis
6.2. North America Average Pricing Analysis Benchmark

7. North America Material Handling Carts Market Demand (in Value or Size in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033

7.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
7.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
- 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. North America Regional Economic Growth
- 8.1.3. U.S. Public Construction Sector Growth Outlook
- 8.1.4. North America Construction Overview
- 8.1.5. North America Urban Population (% of total population)
- 8.1.6. Other Macro Economic Factors
8.2. Forecast Factors - Relevance & Impact
- 8.2.1. Top Companies Historical Growth
- 8.2.2. GDP Growth Forecast
- 8.2.3. End Use Industry Outlook
- 8.2.4. Growth in Production Capacities
- 8.2.5. Technological Development
- 8.2.6. Expansion Strategies by Key Players to Gain Higher Market Share
8.3. Value Chain
- 8.3.1. Raw Material Suppliers
- 8.3.2. Product Manufacturers
- 8.3.3. Probable End Users
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. Market Dynamics
- 8.5.1. Drivers
- 8.5.2. Restraints
- 8.5.3. Opportunity Analysis

9. North America Material Handling Carts Market Analysis 2019-2023 and Forecast 2024-2033, by Product Type

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2019-2023
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2024-2033
- 9.3.1. Manual
  - 9.3.1.1. Platform Carts
  - 9.3.1.2. Hand Trucks
  - 9.3.1.3. Dollies
  - 9.3.1.4. Tilt Carts
  - 9.3.1.5. Service Carts
  - 9.3.1.6. Drum Handling Carts
  - 9.3.1.7. Wire Carts
  - 9.3.1.8. Utility Carts
  - 9.3.1.9. Laundry Carts
  - 9.3.1.10. Hospitality Carts
- 9.3.2. Semi-Automatic
  - 9.3.2.1. Picking Carts
  - 9.3.2.2. Bin carts
  - 9.3.2.3. Stock picking Carts
  - 9.3.2.4. Medical Carts
- 9.3.3. Automatic
  - 9.3.3.1. Flatbed Trailers
  - 9.3.3.2. Dump Trailers
  - 9.3.3.3. Container Trailers
  - 9.3.3.4. Warehouse carts
  - 9.3.3.5. Others
9.4. Market Attractiveness Analysis By Product Type

10. North America Material Handling Carts Market Analysis 2019-2023 and Forecast 2024-2033, by Material Type

10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Material Type, 2019-2023
10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Material Type, 2024-2033
- 10.3.1. Aluminum
  - 10.3.1.1. Pneumatic Rubber
  - 10.3.1.2. Filled Rubber
  - 10.3.1.3. Solid
- 10.3.2. Steel
  - 10.3.2.1. Pneumatic Rubber
  - 10.3.2.2. Filled Rubber
  - 10.3.2.3. Solid
- 10.3.3. Stainless Steel
  - 10.3.3.1. Pneumatic Rubber
  - 10.3.3.2. Filled Rubber
  - 10.3.3.3. Solid
- 10.3.4. Plastic
10.4. Market Attractiveness Analysis By Material Type

11. North America Material Handling Carts Market Analysis 2019-2023 and Forecast 2024-2033, by Sales Channel

11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel, 2019-2023
11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Sales Channel, 2024-2033
- 11.3.1. Online
- 11.3.2. Offline
  - 11.3.2.1. Distributor/ Dealer
  - 11.3.2.2. Direct
11.4. Market Attractiveness Analysis By Sales Channel

12. North America Material Handling Carts Market Analysis 2019-2023 and Forecast 2024-2033, by Application

12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2019-2023
12.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2024-2033
- 12.3.1. Retail Grocery
- 12.3.2. Food & Beverages
- 12.3.3. Manufacturing
- 12.3.4. Logistics
- 12.3.5. E-commerce
- 12.3.6. Automotive
- 12.3.7. Government
- 12.3.8. Others
12.4. Market Attractiveness Analysis By Application

13. North America Material Handling Carts Market Analysis 2019-2023 and Forecast 2024-2033, by Country

13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume Analysis By Country, 2019-2023
13.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Country, 2024-2033
- 13.3.1. U.S.
- 13.3.2. Canada
- 13.3.3. Mexico
13.4. Market Attractiveness Analysis By Country

14. U.S. Material Handling Carts Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 14.4.1. By Region
  - 14.4.1.1. Northeast
  - 14.4.1.2. Southwest
  - 14.4.1.3. Southeast
  - 14.4.1.4. West
  - 14.4.1.5. Midwest
- 14.4.2. By Product Type
- 14.4.3. By Material Type
- 14.4.4. By Sales Channel
- 14.4.5. By Application
14.5. Market Attractiveness Analysis
- 14.5.1. By Country
- 14.5.2. By Product Type
- 14.5.3. By Material Type
- 14.5.4. By Sales Channel
- 14.5.5. By Application
14.6. Market Trends
14.7. Key Market Participants - Intensity Mapping
14.8. Drivers and Restraints - Impact Analysis

15. Canada Material Handling Carts Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 15.4.1. By Provinces
  - 15.4.1.1. Alberta
  - 15.4.1.2. British Columbia
  - 15.4.1.3. Manitoba
  - 15.4.1.4. Quebec
  - 15.4.1.5. Ontario
  - 15.4.1.6. Rest of Canada
- 15.4.2. By Product Type
- 15.4.3. By Material Type
- 15.4.4. By Sales Channel
- 15.4.5. By Application
15.5. Market Attractiveness Analysis
- 15.5.1. By Country
- 15.5.2. By Product Type
- 15.5.3. By Material Type
- 15.5.4. By Sales Channel
- 15.5.5. By Application
15.6. Market Trends
15.7. Key Market Participants - Intensity Mapping
15.8. Drivers and Restraints - Impact Analysis

16. Mexico Material Handling Carts Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 16.4.1. By Region
  - 16.4.1.1. Baja California
  - 16.4.1.2. Pacific Coastal Lowlands
  - 16.4.1.3. Mexican Plateau
  - 16.4.1.4. Sierra Oriental
  - 16.4.1.5. Rest of Mexico
- 16.4.2. By Product Type
- 16.4.3. By Material Type
- 16.4.4. By Sales Channel
- 16.4.5. By Application
16.5. Market Attractiveness Analysis
- 16.5.1. By Country
- 16.5.2. By Product Type
- 16.5.3. By Material Type
- 16.5.4. By Sales Channel
- 16.5.5. By Application
16.6. Market Trends
16.7. Key Market Participants - Intensity Mapping
16.8. Drivers and Restraints - Impact Analysis

17. Market Structure Analysis

17.1. Market Analysis by Tier of Companies (Material Handling Carts Market)
17.2. Market Share Analysis of Top Players
17.3. Market Presence Analysis
- 17.3.1. By Country-wise footprint of Players
- 17.3.2. Product foot print of Players

18. Competition Analysis

18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Competition Deep Dive
- 18.3.1. Flexqube
  - 18.3.1.1. Overview
  - 18.3.1.2. Product Portfolio
  - 18.3.1.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.1.4. Sales Footprint
  - 18.3.1.5. Strategy Overview
- 18.3.2. Manitowoc
  - 18.3.2.1. Overview
  - 18.3.2.2. Product Portfolio
  - 18.3.2.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.2.4. Sales Footprint
  - 18.3.2.5. Strategy Overview
- 18.3.3. Beumer Group
  - 18.3.3.1. Overview
  - 18.3.3.2. Product Portfolio
  - 18.3.3.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.3.4. Sales Footprint
  - 18.3.3.5. Strategy Overview
- 18.3.4. Crown Equipment Corporation
  - 18.3.4.1. Overview
  - 18.3.4.2. Product Portfolio
  - 18.3.4.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.4.4. Sales Footprint
  - 18.3.4.5. Strategy Overview
- 18.3.5. American Grinding and Machining Co.
  - 18.3.5.1. Overview
  - 18.3.5.2. Product Portfolio
  - 18.3.5.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.5.4. Sales Footprint
  - 18.3.5.5. Strategy Overview
- 18.3.6. Toyota
  - 18.3.6.1. Overview
  - 18.3.6.2. Product Portfolio
  - 18.3.6.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.6.4. Sales Footprint
  - 18.3.6.5. Strategy Overview
- 18.3.7. Qingdao Benco Industry Co. Ltd
  - 18.3.7.1. Overview
  - 18.3.7.2. Product Portfolio
  - 18.3.7.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.7.4. Sales Footprint
  - 18.3.7.5. Strategy Overview
- 18.3.8. Sharp Industries
  - 18.3.8.1. Overview
  - 18.3.8.2. Product Portfolio
  - 18.3.8.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.8.4. Sales Footprint
  - 18.3.8.5. Strategy Overview
- 18.3.9. Savant Automation
  - 18.3.9.1. Overview
  - 18.3.9.2. Product Portfolio
  - 18.3.9.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.9.4. Sales Footprint
  - 18.3.9.5. Strategy Overview
- 18.3.10. Steel King Industries
  - 18.3.10.1. Overview
  - 18.3.10.2. Product Portfolio
  - 18.3.10.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.10.4. Sales Footprint
  - 18.3.10.5. Strategy Overview
- 18.3.11. Laksi Carts Inc
  - 18.3.11.1. Overview
  - 18.3.11.2. Product Portfolio
  - 18.3.11.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.11.4. Sales Footprint
  - 18.3.11.5. Strategy Overview
- 18.3.12. Grainger
  - 18.3.12.1. Overview
  - 18.3.12.2. Product Portfolio
  - 18.3.12.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.12.4. Sales Footprint
  - 18.3.12.5. Strategy Overview
- 18.3.13. RDM Industrial Products
  - 18.3.13.1. Overview
  - 18.3.13.2. Product Portfolio
  - 18.3.13.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.13.4. Sales Footprint
  - 18.3.13.5. Strategy Overview
- 18.3.14. Unitran Manufacturers Ltd
  - 18.3.14.1. Overview
  - 18.3.14.2. Product Portfolio
  - 18.3.14.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.14.4. Sales Footprint
  - 18.3.14.5. Strategy Overview
- 18.3.15. Rubbermaid Commercial Products
  - 18.3.15.1. Overview
  - 18.3.15.2. Product Portfolio
  - 18.3.15.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.15.4. Sales Footprint
  - 18.3.15.5. Strategy Overview
- 18.3.16. Galifco Oregon
  - 18.3.16.1. Overview
  - 18.3.16.2. Product Portfolio
  - 18.3.16.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.16.4. Sales Footprint
  - 18.3.16.5. Strategy Overview
- 18.3.17. Steel Mill Cranes
  - 18.3.17.1. Overview
  - 18.3.17.2. Product Portfolio
  - 18.3.17.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.17.4. Sales Footprint
  - 18.3.17.5. Strategy Overview
- 18.3.18. Leeco Steel
  - 18.3.18.1. Overview
  - 18.3.18.2. Product Portfolio
  - 18.3.18.3. Profitability by Market Segments (Product/Channel/Country)
  - 18.3.18.4. Sales Footprint
  - 18.3.18.5. Strategy Overview

19. Assumptions and Acronyms Used

20. Research Methodology

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