Warehouse and Material Handling Equipment Rental Market Historical Background, Structure, Development, Demographics, Forecast to 2023-2030 BigRentz, Wajax, Dawsongroup

PRESS RELEASE
Published August 23, 2023

New Jersey, United States – The recent release from INFINITY BUSINESS INSIGHTS titled “Warehouse and Material Handling Equipment Rental Market Analysis and Forecast 2030” presents a well-structured portrayal of the market, encompassing a comprehensive examination of this sector. The report delves into various facets relevant to the market, including the industry backdrop, Warehouse and Material Handling Equipment Rental Market dimensions, share, segment breakdown, and competitive scenario. As per the report, the industry is poised to yield substantial returns by the conclusion of the projection period and is projected to exhibit a commendable growth trajectory annually in the forthcoming years. The document elucidates the swift advancement witnessed by the market in the present and past periods, as well as its anticipated progress in the years ahead.

Major Key Players are BigRentz, Inc., Sunbelt Rentals, MH Equipment, MacAllister Rentals, Wajax, SFS Equipments, Total Warehouse, United Rentals, Pacific Material Handling Solutions, Leavitt Machinery, Dawsongroup

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The market for rental warehouse and material handling equipment would develop at a compound annual growth rate (CAGR) of 10.5% between 2023 and 2030, reaching a projected value of USD 22.73 billion. As companies look for adaptable ways to improve their supply chains and logistics operations, the market for Rental of Warehouse and Material Handling Equipment is expanding rapidly. Without the long-term commitment of ownership, rental services provide access to a variety of warehouse equipment, such as pallet jacks, conveyor systems, and forklifts. When businesses adjust to changing market conditions and operational demands, renting equipment turns into a financially sensible way to maximize productivity and control expenses. The need for cost reductions, operational agility, and access to cutting-edge equipment without significant upfront costs are driving the market’s growth.

Global Warehouse and Material Handling Equipment Rental Market: Segmental Analysis

Warehouse and Material Handling Equipment Rental Market by Type:
Short-term Rental
Long-term Rental

Warehouse and Material Handling Equipment Rental Market by Application:
Forklift
Stacker
Pallet Truck
Others

Countries Covered:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

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Warehouse and Material Handling Equipment Rental Market Challenges and Opportunities:
The Warehouse and Material Handling Equipment Rental market faces challenges of seasonal demand fluctuations, equipment maintenance, and market competition. Adapting to varying customer needs and ensuring timely availability pose difficulties. Maintaining equipment reliability and minimizing downtime present hurdles. Competing with outright purchasing options can be challenging. However, these challenges offer opportunities. The trend towards flexible supply chain solutions drives market growth. Offering maintenance services and technology upgrades enhances customer satisfaction. Collaborations with e-commerce and logistics companies expand clientele. Moreover, addressing sustainability concerns through eco-friendly options creates a niche. Successfully addressing challenges, combined with innovative rental models and strategic partnerships, can establish the market as a crucial resource for efficient warehousing and logistics operations.

Research Methodology:

This study follows a robust research methodology, involving data collection through data collection modules with a large sample size. The collected data undergoes analysis using statistical and coherent models to derive meaningful insights. The market report includes key components such as market share analysis and key trend analysis. To ensure accuracy and reliability, Infinity Business Insights’ research team employs a data triangulation approach, combining data mining, analysis of data variables’ impact on the market, and validation through primary sources such as industry experts. Various data models, including the Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, and Asia-Pacific vs. Regional & Vendor Share Analysis, are utilized. For further inquiries, an analyst call can be requested.

What’s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero- Covid policy in China and its bumpy reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

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Major Highlights of TOC:

Chapter 1: Warehouse and Material Handling Equipment Rental Market Industry Overview

1.1 Warehouse and Material Handling Equipment Rental Industry

1.1.1 Overview

1.1.2 Products of Major Companies

1.2 Warehouse and Material Handling Equipment Rental Market Segment

1.2.1 Industry Chain

1.2.2 Consumer Behavior & Distribution Channels

Chapter 2: Warehouse and Material Handling Equipment Rental Market Demand

2.1 Segment Overview

2.2 Warehouse and Material Handling Equipment Rental Market Size by Application/End Users

2.3 Warehouse and Material Handling Equipment Rental Market Forecast by Application/End Users

Chapter 3: Warehouse and Material Handling Equipment Rental Market by Type

3.1 By Type, Motor Homes & Campers

3.2 Warehouse and Material Handling Equipment Rental Market Size by Type

3.3 Warehouse and Material Handling Equipment Rental Market Forecast by Type

Chapter 4: Warehouse and Material Handling Equipment Rental Market: by Region/Country

4.1 Warehouse and Material Handling Equipment Rental Market by Regions

4.2 Warehouse and Material Handling Equipment Rental Market Revenue & share by Region

4.3 North America

4.4 Europe

4.5 Asia Pacific

4.6 South America

4.7 Middle East & Africa

Chapter 5: Player Analysis

5.1 Market Share Analysis by Players 2018-2022

5.2 Market Concentration Rate by Regions

5.3 Company Profiles

……….continued

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