Europe Material Handling Equipment Market Size & Outlook

The material handling equipment market in Europe is expected to reach a projected revenue of US$ 124,372.8 million by 2033. A compound annual growth rate of 5.6% is expected of Europe material handling equipment market from 2026 to 2033.
Revenue, 2025 (US$M)
$80,854.6
Forecast, 2033 (US$M)
$124,372.8
CAGR, 2026 - 2033
5.6%
Report Coverage
Europe

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Europe material handling equipment market, 2021-2033 (US$M)

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Europe material handling equipment market highlights

  • The Europe material handling equipment market generated a revenue of USD 80,854.6 million in 2025.
  • The market is expected to grow at a CAGR of 5.6% from 2026 to 2033.
  • In terms of segment, cranes & lifting equipment was the largest revenue generating product in 2025.
  • Racking & storage equipment is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2026 to 2033.


Europe data book summary

Market revenue in 2025USD 80,854.6 million
Market revenue in 2033USD 124,372.8 million
Growth rate5.6% (CAGR from 2026 to 2033)
Largest segmentCranes & lifting equipment
Fastest growing segmentRacking & storage equipment
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationCranes & Lifting Equipment, Industrial trucks, Continuous handling equipment, Racking & storage equipment
Key market players worldwideDaifuku Co Ltd, Honeywell International Inc, KION GROUP AG, Murata Manufacturing Co Ltd, SSI Schaefer Systems International North America, Swisslog, Toyota Industries Corp, BEUMER Group, Interlake Mecalux, Vanderlande


Other key industry trends

  • In terms of revenue, Europe region accounted for 30.8% of the global material handling equipment market in 2025.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 161,143.9 million by 2033.

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Material Handling Equipment Market Companies

Name Profile # Employees HQ Website
Vanderlande View profile 1001-5000 Veghel, Noord-Brabant, The Netherlands, Europe https://www.vanderlande.com
Interlake Mecalux View profile 501-1000 Chicago, Illinois, United States, North America https://www.interlakemecalux.com/
BEUMER Group View profile 5001-10000 Beckum, Nordrhein-Westfalen, Germany, Europe https://www.beumergroup.com
Swisslog View profile 5001-10000 Buchs, Inner-Rhoden, Switzerland, Europe http://swisslog.com
SSI Schaefer Systems International North America View profile 10001+ Thane, Maharashtra, India, Asia http://ssi-schaefer.us
Toyota Industries Corp View profile 89245 2-1, Toyoda-cho, Kariya-shi, Aichi, Japan, 448-8671 https://www.toyota-industries.com
Daifuku Co Ltd View profile 13020 3-2-11, Mitejima, Nishiyodogawa-ku,, Osaka, Japan, 555-0012 http://www.daifuku.co.jp
KION GROUP AG View profile 42325 Thea-Rasche-Strasse 8, Frankfurt am Main, HE, Germany, 60549 https://www.kiongroup.com
Murata Manufacturing Co Ltd View profile 73828 No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, Japan, 617-8555 http://www.murata.co.jp
Honeywell International Inc View profile 95000 855 South Mint Street, Charlotte, NC, United States, 28202 https://www.honeywell.com

Europe material handling equipment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to material handling equipment market will help companies and investors design strategic landscapes.


Cranes & lifting equipment was the largest segment with a revenue share of 37.89% in 2025. Horizon Databook has segmented the Europe material handling equipment market based on cranes & lifting equipment, industrial trucks, continuous handling equipment, racking & storage equipment covering the revenue growth of each sub-segment from 2021 to 2033.


According to the International Monetary Fund (IMF) World Economic Outlook, the GDP of Europe dropped by 5.9 % in 2021. This drop can be attributed to the hike in commodity prices and compounded supply-side disruptions. However, the GDP growth of the country is anticipated to be 1.6% in 2022. The European region is characterized by the presence of several major industries such as e-commerce, food & beverage, and automotive on account of the better supply chain process and low labor costs.

The market growth is further supported by various technological developments like the launch of vision-guided navigation technology that enables vehicles to take the right route without the need for human intervention. Moreover, the demand for automated material handling is anticipated to be driven by the demand for energy-efficient and eco-friendly robotic systems.

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Target buyers of Europe material handling equipment market databook

  • Our clientele includes a mix of material handling equipment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe material handling equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe material handling equipment market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Europe material handling equipment market size, by country, 2021-2033 (US$M)

Europe Material Handling Equipment Market Outlook Share, 2025 & 2033 (US$M)

Europe material handling equipment market size, by country, 2021-2033 (US$M)

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