India Material Handling Equipment Market Overview
Base Year: 2024
Forecast Years: 2025–2033
Historical Years: 2019–2024
Market Size in 2024: USD 10.57 Billion
Market Forecast in 2033: USD 22.48 Billion
Market Growth Rate: 8.08% (2025–2033)
The India Material Handling Equipment market has seen huge growth due to the expansion of industries, major infrastructure development projects, and the booming e-commerce business, as well as increasing automation and the need for efficiency in logistics and warehousing. The market size reached USD 10.57 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 22.48 billion by 2033, exhibiting a growth rate (CAGR) of 8.08% during 2025-2033.
India Material Handling Equipment Market Trends and Drivers:
Currently, there is a huge growth in the Indian material handling equipment market as a result of the dynamic effects of industrial development and technological evolution. The pace of industrialization is so fast across various sectors that highly organized material handling processes have been necessitated for optimizing production and logistics. At the same time, the continuing expansion of manufacturing activities in the country has created a significant demand for advanced equipment to streamline workflows and improve overall efficiency in operations. Furthermore, introducing more and more automated warehouses and production facilities continues pushing sophisticated material handling solutions. Today, this growing focus on efficiency and automation will create a larger-than-ever integrated part of advanced material handling equipment into India’s modern industrial operations.
Pivotal factors are constituting a robust engine driving the rapid growth of the material handling equipment market in India; creating a landscape that is brimming with opportunities. Government initiatives like the Production-Linked Incentive (PLI) scheme are providing the much-needed fillip by incentivizing local manufacturing and bringing in investments, thereby increasing the demand for material handling equipment across industries. Booming in e-commerce, in turn, is acting as a major driver, leading to increased logistics and warehousing activities that require effective and high-throughput material handling systems. Add to this the large scale and ongoing infrastructure development projects all across the country have brought a ramp-up in the demand for those machines that can safely and efficiently handle large volumes of materials. Thus, in India, this combination of government support, the e-commerce boom, and extensive infrastructure development is creating a good demand environment for the material handling equipment market.
The prospects for the growth of the India material-handling equipment market seem to be very bright. This is mainly attributed to ongoing trends like industrialization, automation, and infrastructure development. The adoption of advanced robotics and automated guided vehicles (AGVs) is heralding a revolution in material handling, providing greater accuracy, speed, and safety, and such technological interfacing will further drive the demand for advanced material handling solutions across many applications. Demand for such advanced handling equipment is also growing due to the increasing awareness of efficient supply chain management and logistics operation optimization. As Indian industries continue to upgrade and enhance their production capacities to meet domestic and international demands, the need for efficient and reliable material-handling equipment will only increase, which goes to show an optimistic and promising growth trajectory for the market soon.
India Material Handling Equipment Market Report Segmentation:
The report provides an analysis of the key trends in each segment of the market, including the India Material Handling Equipment Market size, along with forecasts at the country level for 2025–2033. Our report has categorized the market based on product type, vehicle type, sales channel, and country.
Product Insights:
- Cranes and Lifting Equipment
- Industrial Trucks
- Continuous Handling Equipment
- Racking and Storage Equipment
Application Insights:
- Automotive
- Food and Beverages
- Chemical
- Semiconductor and Electronics
- E-Commerce
- Aviation
- Pharmaceutical
- Others
Regional Insights:
- North India
- South India
- East India
- West India
For an in-depth analysis, you can refer to a sample copy of the report:
https://www.imarcgroup.com/india-material-handling-equipment-market/requestsample
Competitive Landscape
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Key Highlights of the Report:
- Market Performance (2019–2024)
- Market Outlook (2025–2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current, and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it as part of the customization.
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