openPR Logo
Press release

Pallet Jack Market to Hit Valuation of US$ 242 Million by 2020-2030

04-21-2021 03:56 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Pallet Jack Market

Pallet Jack Market

The global pallet jack market is niche in nature, and is projected to rise at a value CAGR of 9% over the forecast period. Pallet jacks are primarily used in factory or warehouse premises to move material. The outbreak of COVID-19 will have a marginal effect on the demand for pallet jacks. Sales are projected to decline by 8,000 units in 2020 as compared to 2019. However, the resumption of manufacturing operations in prominent countries such as China, the US, India, and Germany would boost the growth of the pallet jack market in the near future.

To get in-depth information view the report-https://www.factmr.com/report/4958/pallet-jack-market

According to Fact.MR, global demand for pallet jacks will hit a valuation of US$ 242 million by 2030 end.

Key Takeaways from Global Pallet Jack Market Study

The powered pallet jacks segment is expected to account for more than 60% of total pallet jack sales in 2020.
There will be close competition in end-use segments between the automotive and pharmaceutical sectors for pallet jack sales over the forecast period.
The below 2.5 tons segment leads the pallet jack market, and will gain 180 BPS in its market share by the end of 2030.
Europe is foreseen to remain a prominent region, accounting for more than 40% of the global share in the pallet jack market.

To Remain ‘Ahead’ Of Your Competitors, Request For A Sample-https://www.factmr.com/connectus/sample?flag=S&rep_id=4958

“Nowadays, preference for pallet jacks on rental basis rather than purchasing has become a key trend among various end-use verticals. New entrants in the rental business are frequently examining the workflow and modernizing their business processes, which, in turn, is foreseen to boost the growth of the pallet jack market,” says a Fact.MR analyst.

Pallet Jack Market to Ride the Wave of Profitability on Back of Increasing Product Launches by Market Actors

Manufacturers of pallet jacks are actively engaged in accommodating a surge in the demand for end uses. Renowned players are doing Greenfield and Brownfield investments to adopt electric technologies in their modern industrial trucks, which, in turn, will proliferate the sales of pallet jacks. Some of the prominent players launching new products include-

In 2019, Hangcha Group Co., Ltd. introduced the A Series mini pallet jacks. This product can pick up two pallets stacked on top of each other at the same time, and cut operating time by half.
In 2019, CLARK added a new product to its product portfolio by launching the WPL25 Lithium powered pallet jack. This new enhanced version of HWXE/PWXE features larger, wider drive wheels, new handles, and larger platforms.
Find More Valuable Insights on Pallet Jack Market

Get Access To Research Methodology Prepared By Experts-https://www.factmr.com/connectus/sample?flag=RM&rep_id=4958

Fact.MR, in its new offering, provides an unbiased analysis of the global pallet jack market, presenting historical demand data (2015-2019) and forecast statistics for the period of 2020-2030. The study divulges compelling insights on the pallet jack market on the basis of product (manual pallets and powered pallets), capacity (below 2.5 tons, 2.5 to 5 tons, and above 5 tons), and end use (logistics, retail, and manufacturing), across seven major regions.

Grow Your Business From Expert Advice-https://www.factmr.com/connectus/sample?flag=AE&rep_id=4958

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:

Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
Research Insight: https://www.factmr.com/report/4958/pallet-jack-market
Content Source: https://www.factmr.com/media-release/1628/global-pallet-jack-market

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pallet Jack Market to Hit Valuation of US$ 242 Million by 2020-2030 here

News-ID: 2272948 • Views: 142

More Releases from Fact.MR

Organic Sulfur Market Global Demand, Growth, Opportunities, Top Key Players and …
Fact.MR has adopted multi-disciplinary approach to shed light on the keyword during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year, and key prospects over the forecast period 2018-2028. The insights and analytics on the Organic Sulfur Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment,
GLA Supplements Market Key Players, SWOT Analysis, Dynamics, Drivers, Key Indica …
Fact.MR has adopted multi-disciplinary approach to shed light on the GLA Supplements during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year, and key prospects over the forecast period 2018-2028. The insights and analytics on the GLA Supplements Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity
Global Electrotechnical Paper Market to Create an Absolute Dollar Opportunity of …
The recently published market study by Fact.MR highlights the current trends that are expected to influence the dynamics of the Electrotechnical Paper Market in the upcoming years. Click here to Get Complete Synopsis of the Report – https://www.factmr.com/report/1956/electrotechnical-paper-market The report introspects the supply chain, cost structure, and recent developments pertaining to the Electrotechnical Paper Market in the report and the impact of the COVID-19 on these facets of the market. Further,
Global Dibenzyl Toluene Marke to Expand 1.4X by 2030 end | Eastman Chemicals, Ar …
The recently published market study by Fact.MR highlights the current trends that are expected to influence the dynamics of the Dibenzyl Toluene Market in the upcoming years. Click here to Get Complete Synopsis of the Report - https://www.factmr.com/report/4843/dibenzyl-toluene-market   The report introspects the supply chain, cost structure, and recent developments pertaining to the Dibenzyl Toluene Market in the report and the impact of the COVID-19 on these facets of the market. Further,

All 5 Releases


More Releases for Pallet

Global Industrial Pallet Washer Market Research
Global Industrial Pallet Washer Market Research Industrial Pallet Washer advertise 2018 Research Report tracks the real angles including innovative developments, item dispatches, consolidations and acquisitions, and the development business systems selected by key market players. Alongside these angles the report likewise centers around the huge chances, challenges that are influencing the mechanical development, modern drivers in the Industrial Pallet Washer showcase. Global Industrial Pallet Washer Market Research report gives outline
Pallet Boxes Market is Segmented By Material Type - Wooden Pallet Box, Plastic P …
With warehousing and logistic structuring undergoing a significant overhaul in recent years, as a result of brisk manufacturing activity, increased product consumption, improved overseas trade and emergence of coordinated retailing, the global market for pallet boxes has been fairing on well and is projected to expand at a moderate growth rate in the near future, according to Future Market Insights (FMI). Ideal for transporting and storing of mostly heavy and
Europe Wood Pallet Market Report 2017
This report studies sales (consumption) of Wood Pallet in Europe market, especially in Germany, France, UK, Russia, Italy, Spain and Benelux, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering CHEP Pallet Management Fox Valley Wood Products PalletOne John Rock JPR Millwood United Pallet Services Pacific Pallet Midland Wood Products Fill the form for an exclusive sample of this report @ http://www.qyresearchreports.com/sample/sample.php?rep_id=996222&type=E Market Segment by Countries, this report splits Europe
Global Standard Pallet Market Research Report 2017
Qyresearchreports include new market research report "Global Standard Pallet Market Research Report 2017" to its huge collection of research reports. This report presents an analytical study of the global Standard Pallet market, evaluating its competitive framework. Using a number of effective assessment tools, such as porter’s five forces and value chain analysis, it performs in-depth analyses of the production, supply, and demand. The report also provides deep insights into the
Global Standard Pallet Market Research Report 2017 : Wood Pallet, Plastic Pallet …
In this report, the global Standard Pallet market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Standard Pallet in these regions, from 2012 to 2022 (forecast), covering North
Hop Pallet Market : Global Snapshot by 2026
Hop Pallet is a brewing component used commonly in making beer for commercial and personal purposes. In the year 2000, a journal of Agricultural & Food Chemistry listed hops as anti-oxidant. Later in 2005, Journal of Molecular Nutrition listed Hops as Anti-Infective. Due to its properties, Hops became a critical ingredient in beer production and achieved a significant role in the same. In 1405, Hops was first legalized in Flanders