Container handling equipment market expected to reach $14.6 billion by 2034 due to global trade demand

From GlobeNewswire: 2025-02-05 07:30:00

The container handling equipment market is expected to reach USD 14.6 billion by 2034, driven by increasing demand for efficient solutions in response to rising international trade. Diesel-powered equipment held a dominant 60% share in 2024 and is projected to reach USD 6 billion by 2034 due to reliability and cost-effectiveness. The market in China accounted for 30% of global share in 2024, set to generate USD 1.5 billion by 2034, leveraging its manufacturing capabilities and strategic investments in port infrastructure. The up to 10 tons capacity segment is leading the market with affordability and flexibility, commonly used in warehouses and manufacturing facilities.



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