The global material buggy market is projected to expand at a staggering CAGR of around 7% during the forecast period of 2021 to 2031, with mining and construction industries accounting for majority of the demand.

The demand for material handling equipment has developed rapidly in recent years. Material strollers represent less than 1% of the global material handling equipment industry. In addition to material wagons, manual material transport wagons are used in the construction and mining industries.

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Currently, Europe is the largest revenue earner in the global material buggy space, thanks to a well-established advanced material handling equipment industry in the region, particularly in the UK. The UK sold around 520 stuff buggies in 2020, including a number of diesel powered stuff buggies.

According to a new report published by Fact.MR, the global material buggy market is projected to surpass a value of $230 million by 2021 and is projected to expand at a staggering CAGR of approximately 7% during the forecast period. From 2021 to 2031.

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Key points of market research

• In 2020, one-third of the market’s revenues came from Europe alone.
• Material strollers with diesel engines account for more than 40% of global sales.
• In 2020, North America and Europe combined accounted for approximately 60% of the global market share. The European market is expected to present an absolute dollar opportunity of over $77 million over the next decade.
• The material stroller market is moderately concentrated, with companies such as The Toro Company, Allen Engineering and Bartell Global accounting for around 30% of the global market share.
• The East Asian market is expected to expand at a CAGR of around 9.5% during 2021-2031.

Key market segments covered

• by engine
  • electric stuff buggy
  • petrol stuff buggy
  • diesel material buggy
  • gas stuff buggy
• by type
  • tracking material buggy
  • wheel material buggy
• By payload
  • Material buggy under 600kg
  • 600-800 kg material buggy
  • 800-1000 kg material buggy
  • 1000-1200kg material buggy
  • Material buggy over 1200kg
• at the speed of movement
  • Material buggy less than 10km/h
  • 10 to 12 km/h material buggy
  • 12 to 14 km/h material buggy
  • 14 to 16 km/h material buggy
• with engine power
  • Material buggy less than 10 horsepower
  • 10-15 hp stuff buggy
  • 15-20 hp stuff buggy
  • 20-25 hp stuff buggy
• By sales channel
  • Material buggy through direct sales
  • Material buggy through agency sales
• by region
  • North America
  • Latin America
  • europe
  • East Asia
  • thing
  • South Asia and Pacific