India Material Handling Equipment Market 2023-2030
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India Material Handling Equipment Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

INDIA MATERIAL HANDLING EQUIPMENT MARKET

 

INTRODUCTION

The movement of raw materials, items that are still being processed, and finished products into a facility, within the facility, and outside the facility to distribution centres or consumers' homes is referred to as material handling.These three qualities—cohesion, coordination, and connectivity—are often present. All devices, items, routines, and procedures are included into an integrated system.

 

The continuous flow of materials throughout the whole process is permitted and encouraged by an integrated system. By making things simple to locate, move, and ship, material handling may enhance customer service, minimise costs by shortening the time it takes to move products, and prevent product damage by handling products appropriately.

 

Additionally, it guarantees enhanced protection against both long-term and short-term impairments.A broad variety of equipment, vehicles, storage facilities, appliances, and accessories used in the movement, storage, management, inventory control, and protection of goods at any stage of production, distribution, consumption, or disposal.

 

INDIA MATERIAL HANDLING EQUIPMENT MARKET SIZE AND FORECAST

 

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The India material handling equipment market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

NEWS

Godrej Material Handling strengthens its product portfolio in Telangana, aims 30% revenue in the region.The need for storage in Hyderabad is mostly driven by the E-commerce, retail, and pharmaceutical industries of the city.

 

The retail and e-commerce businesses either want to run their own operations or contract out their warehousing and logistics needs to third-party logistics (3PL) companies and equipment rental organisations.

 

As a result, there is a rise in demand for battery-operated machinery that can function in tight spaces and stack 12 metres high. As a result, the state now has a greater need for this equipment. Godrej Material Handling hopes to reach 30% of sales in FY23 through technical advancements, with a goal of reaching 50% in the following three years.

 

There has been a noticeable trend in favour of equipment with cleaner, greener, and more intelligent technology in the realm of warehouse equipment. The two freshly introduced forklift trucks displayed by Godrej Material Handling in Hyderabad have been locally developed to be workhorses to enhance output, in keeping with the company's mission to help India become self-sufficient.

 

With its easier-to-operate equipment that is also safer for the environment, the Bravo Electric Series is a contemporary piece of machinery that pushes productivity in difficult applications and confined places. It includes twin motor technology. The Godrej PRO Series Reach Truck can operate two shifts on a single greater capacity battery, increasing worker safety as a result.

 

COMPANY PROFILE

  1. Daifuku India Private Limited (Incl. Vega Conveyors & Automation
  2. Godrej Consoveyo Logistics Automation Ltd (GCLA)
  3. Kardex India Storage Solutions Private Limited
  4. Armstrong Ltd.
  5. Space Magnum Equipment Pvt. Ltd

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many material handling equipment are manufactured per annum in India? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a India material handling equipment and key vendor selection criteria
  3. Where is the material handling equipment manufactured? What is the average margin per unit?
  4. Market share of India material handling equipment market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture India material handling equipment in-house
  6. key predictions for next 5 years in India material handling equipment market
  7. Average B-2-B material handling equipment market price in all segments
  8. Latest trends in material handling equipment market, by every market segment
  9. The market size (both volume and value) of the material handling equipment market in 2023-2030 and every year in between?
  10. Production breakup of material handling equipment market, by suppliers and their OEM relationship

 

1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix