Mortar Pans Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Material Type, By Product, By Load Capacity, By Region and Competition, 2020-2030F

Description

The Global Mortar Pans Market, valued at USD 1.12 Billion in 2024, is projected to experience a CAGR of 4.91% to reach USD 1.49 Billion by 2030. A mortar pan is a fundamental, durable vessel, typically fabricated from steel or rigid plastic, utilized in construction for containing, mixing, and transporting essential building materials such as sand, cement, mortar, and concrete. The global market for these products is primarily supported by the expanding volume of construction activities worldwide, encompassing residential, commercial, and industrial developments, alongside sustained investments in infrastructure projects and renovation initiatives. These factors necessitate a consistent supply of fundamental material handling tools.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 1.12 Billion
Market Size 2030	USD 1.49 Billion
CAGR 2025-2030	4.91%
Fastest Growing Segment	6-10 cubic feet
Largest Market	Asia Pacific

Key Market Drivers

Global construction industry expansion significantly underpins the demand for mortar pans, driven by ongoing building activities across diverse sectors. Residential construction, a substantial component, has demonstrated notable growth, necessitating a consistent supply of fundamental tools. For instance, according to the National Association of Home Builders, in 2024, a total of 1,009,315 new single-family units commenced construction nationwide, reflecting a 7% increase over 2023 levels. Concurrently, accelerated urbanization and substantial investments in infrastructure development fuel a parallel increase in the need for material handling equipment. Governments and private entities worldwide are committing resources to expand urban centers and enhance essential services, directly stimulating projects that require basic construction implements.

Key Market Challenges

A significant challenge impacting the Global Mortar Pans Market is the susceptibility of the broader construction sector to macroeconomic fluctuations, particularly elevated interest rates and constrained access to credit. These economic factors directly impede the commencement of new construction projects by increasing financing costs and limiting the capital available for development. Higher borrowing expenses reduce the viability and profitability of new ventures, causing developers to delay or cancel planned undertakings across residential, commercial, and industrial segments.

Key Market Trends

The global mortar pans market is experiencing a notable trend towards sustainable and recycled materials, driven by increasing regulatory pressures and ecological consciousness within the construction sector. According to the UN Environment Programme and the Global Alliance for Buildings and Construction Global Status Report for Buildings and Construction 2024/2025, embodied carbon from materials contributed 18 percent of global building-related CO2 emissions in 2023, emphasizing the imperative for innovation. Consequently, demand for mortar pans utilizing recycled content or sustainable alternatives is expanding.

Key Market Players

Kraft Tool Company
Bon Tool Co.
Marshalltown Company
QEP Co., Inc.
Multiquip, Inc.
Husqvarna Group
Griffon Corporation Inc.
Regal Cutting Tools, Inc.
Stone Equipment Company, Inc.
Jesco Iron Craft, Inc.

Report Scope:

In this report, the Global Mortar Pans Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Mortar Pans Market, By Material Type:

Steel
Plastic

Mortar Pans Market, By Product:

Sand
Cement
Mortar
Concrete

Mortar Pans Market, By Load Capacity:

0-5 cubic feet
6-10 cubic feet
>10 cubic feet

Mortar Pans Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Mortar Pans Market.

Available Customizations:

Global Mortar Pans Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Mortar Pans Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Material Type (Steel, Plastic)
- 5.2.2. By Product (Sand, Cement, Mortar, Concrete)
- 5.2.3. By Load Capacity (0-5 cubic feet, 6-10 cubic feet, >10 cubic feet)
- 5.2.4. By Region
- 5.2.5. By Company (2024)
5.3. Market Map

6. North America Mortar Pans Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Material Type
- 6.2.2. By Product
- 6.2.3. By Load Capacity
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Mortar Pans Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Material Type
    - 6.3.1.2.2. By Product
    - 6.3.1.2.3. By Load Capacity
- 6.3.2. Canada Mortar Pans Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Material Type
    - 6.3.2.2.2. By Product
    - 6.3.2.2.3. By Load Capacity
- 6.3.3. Mexico Mortar Pans Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Material Type
    - 6.3.3.2.2. By Product
    - 6.3.3.2.3. By Load Capacity

7. Europe Mortar Pans Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Material Type
- 7.2.2. By Product
- 7.2.3. By Load Capacity
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Mortar Pans Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Material Type
    - 7.3.1.2.2. By Product
    - 7.3.1.2.3. By Load Capacity
- 7.3.2. France Mortar Pans Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Material Type
    - 7.3.2.2.2. By Product
    - 7.3.2.2.3. By Load Capacity
- 7.3.3. United Kingdom Mortar Pans Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Material Type
    - 7.3.3.2.2. By Product
    - 7.3.3.2.3. By Load Capacity
- 7.3.4. Italy Mortar Pans Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Material Type
    - 7.3.4.2.2. By Product
    - 7.3.4.2.3. By Load Capacity
- 7.3.5. Spain Mortar Pans Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Material Type
    - 7.3.5.2.2. By Product
    - 7.3.5.2.3. By Load Capacity

8. Asia Pacific Mortar Pans Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Material Type
- 8.2.2. By Product
- 8.2.3. By Load Capacity
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Mortar Pans Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Material Type
    - 8.3.1.2.2. By Product
    - 8.3.1.2.3. By Load Capacity
- 8.3.2. India Mortar Pans Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Material Type
    - 8.3.2.2.2. By Product
    - 8.3.2.2.3. By Load Capacity
- 8.3.3. Japan Mortar Pans Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Material Type
    - 8.3.3.2.2. By Product
    - 8.3.3.2.3. By Load Capacity
- 8.3.4. South Korea Mortar Pans Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Material Type
    - 8.3.4.2.2. By Product
    - 8.3.4.2.3. By Load Capacity
- 8.3.5. Australia Mortar Pans Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Material Type
    - 8.3.5.2.2. By Product
    - 8.3.5.2.3. By Load Capacity

9. Middle East & Africa Mortar Pans Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Material Type
- 9.2.2. By Product
- 9.2.3. By Load Capacity
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Mortar Pans Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Material Type
    - 9.3.1.2.2. By Product
    - 9.3.1.2.3. By Load Capacity
- 9.3.2. UAE Mortar Pans Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Material Type
    - 9.3.2.2.2. By Product
    - 9.3.2.2.3. By Load Capacity
- 9.3.3. South Africa Mortar Pans Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Material Type
    - 9.3.3.2.2. By Product
    - 9.3.3.2.3. By Load Capacity

10. South America Mortar Pans Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Material Type
- 10.2.2. By Product
- 10.2.3. By Load Capacity
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Mortar Pans Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Material Type
    - 10.3.1.2.2. By Product
    - 10.3.1.2.3. By Load Capacity
- 10.3.2. Colombia Mortar Pans Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Material Type
    - 10.3.2.2.2. By Product
    - 10.3.2.2.3. By Load Capacity
- 10.3.3. Argentina Mortar Pans Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Material Type
    - 10.3.3.2.2. By Product
    - 10.3.3.2.3. By Load Capacity

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Mortar Pans Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Kraft Tool Company
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Bon Tool Co.
15.3. Marshalltown Company
15.4. QEP Co., Inc.
15.5. Multiquip, Inc.
15.6. Husqvarna Group
15.7. Griffon Corporation Inc.
15.8. Regal Cutting Tools, Inc.
15.9. Stone Equipment Company, Inc.
15.10. Jesco Iron Craft, Inc.