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Pallet Trucks Market Global Market 2023 : Insights, Growing Trends And Outlook 2032 | Jungheinrich AG, Hyster Company, Kion Group, , Nilkamal Limited, Presto Lifts Inc.
Pallet Trucks Market Trends
As per the pallet trucks market report by The Business Research Company, The growing e-commerce usage across the globe is expected to propel the growth of the pallet truck market forward. E-commerce refers to the process of selling products and services over the internet. E-commerce businesses or enterprises primarily store goods and products in warehouses and stockrooms that use pallet jacks to transport high or low-weighed goods from one location to another over short distances for the preparation and dispatch of product orders.
The global pallet trucks market size is expected to grow from $36.16 billion in 2022 to $39.11 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global pallet trucks market size is expected to grow to $52.31 billion in 2027 at a CAGR of 7.5%.
Read More On The Pallet Trucks Market Report Here:
https://www.thebusinessresearchcompany.com/report/pallet-trucks-global-market-report
Major competitors in the Pallet Trucks market include Jungheinrich AG, Crown Equipment Corporation, Hyster Company, Kion Group, Toyota Industries Corporation, Hyundai Heavy Industries, Godrej & Boyce Mfg. Co. Ltd., Nilkamal Limited, PR Industrial S.R.L., Presto Lifts Inc., Noveltek Industrial Manufacturing Inc., Mitsubishi Logisnext Co. Ltd., Goscor Lifts Truck, STILL GmbH, Noblelift Intelligent Equipment Co. Ltd., Ningbo Ruyi Joint Stock Co. Ltd., Niuli Machinery Manufacture Co. Ltd., TVH Group, RICO Manufacturing Inc., Nido Machineries Pvt. Ltd., Patel Material Handling Equipment, and Puma Lift Trucks Pvt. Ltd.
The Pallet Trucks market is segmented -
By Product Type: Standard, Quarter, Silent, Weighing, Scissor
By Load Capacity: Below 2000 Kg, 2000 - 4000 Kg, 4000 - 6000 Kg, Above 6000 Kg
By Control: Manual, Semi-Electric, Electric, Diesel, Compressed Natural Gas (CNG)
By End Use Industry: Food And Beverages, Retail Stores, Wholesale Distributions, Freight And Logistics, Manufacturing, Other End Use Industries
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Pallet Trucks market.
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A pallet truck refers to a tool or a wheeled trolley specially designed to lift and transport pallets. A pallet truck is used in industrial material handling and movement procedures, mostly for transporting goods within the warehouse.
The Table Of Content For The Pallet Trucks Market Include:
1. Executive Summary
2. Pallet Trucks Market Characteristics
3. Pallet Trucks Market Trends And Strategies
4. Pallet Trucks Market - Macro Economic Scenario
5. Pallet Trucks Market Size And Growth
……
26. Africa Pallet Trucks Market
27. Pallet Trucks Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pallet Trucks Market
29. Pallet Trucks Market Future Outlook and Potential Analysis
30. Appendix
The "Global Pallet Trucks Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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