PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627913
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627913
The United States Material Handling Market is estimated to reach US$60.187 billion by 2030 from US$46.811 billion in 2025, growing at a CAGR of 5.16%.
Material handling is s systematic process that aims to efficiently manage the manufacturing, warehousing, and logistics landscape. Through material handling, the raw materials or goods are moved to the manufacturing sites, and finished products are stored and transported efficiently.
One of the major factors pushing the United States material handling market's growth is the increasing industrial production capability of the nation. The USA is among the biggest industrial manufacturers globally and produces a wide range of products.
Similarly, the growth of the nation's chemical industry production will also propel its material handling market. The American Chemistry Council, Inc., in its report, stated that in August 2024, the production of major plastic resins reached 8.9 billion pounds, which marked an increase of about 6.9% from July 2024. The total production of major plastic resins in the nation witnessed an increase of about 5.7% in August 2024 compared to August 2023. The association further stated that the production of total resin in 2022 was recorded at 125,490 million pounds, which increased to 130,115 million pounds in 2023.
United States material handling market growth drivers
The growth of automotive production in the nation is a key factor pushing the USA material handling market forward. This growth is owing to the rising demand for material-handling conveyors, bucket elevators, forklifts, automated guided vehicles, and other material-handling systems.
According to the International Organization of Motor Vehicle Manufacturers (OICA), in its global production outlook, in 2021, total automotive production in the United States was recorded at 9.157 million units 2021 which increased to 10.052 million in 2022 and further expanded to 10.611 million in 2023.
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