Glass Handling Tools and Equipment Market

Glass Handling Tools and Equipment Market

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Raksha

Author :

Raksha Sharma

Vineet

Fact-checked by :

Vineet Pandey

Rucha

Editor :

Rucha Phatak

Glass Handling Tools and Equipment Market Outlook 2031

The global glass handling tools and equipment market size was valued at USD XX Billion in 2022 and is projected to reach USD XX Billion by 2031, expanding at a CAGR of 4% during the forecast period 2023 - 2031. The growth of the market is attributed to the increasing adoption of glazing in the construction industry.

Rising focus on sustainable environment and growing concerns regarding the high consumption of electricity has increased the demand for glazing in commercial and as well as residential buildings. Glass is a recyclable material, which provides prominent environmental benefits such as reducing negative impact on climate and preserving natural resources. Declining demand for traditional brick and mortar walls has increased preference for coated glass.

Glass Handling Tools and Equipment Market Outlook

Glass is deemed to be more aesthetic than walls and provides more natural light inside the building, which in turn, has grew the demand for glass handling tools and equipment across the globe.

Glass handling tools are used to install and transport glass in glass manufacturing facilities and construction sites. Flat glass are fragile, which makes the manual handling difficult. Improper handling can lead to injuries from glass sheet edges or glass shreds. Toughened glass or large panels of glass are heavy, making it difficult to handle and transport them, which entails the use of glass handling tools or equipment. Therefore, glass handling tools are used to ease the process of transporting and working with glass safer and more efficient.


The Covid-19 pandemic had resulted in complete lockdown in various countries, which severe created economic crisis across the globe. The global glass handing tools and equipment market have been negatively impacted due to the Covid-19 owing to halt of construction activities. However, the ease of restrictions has regained the momentum in the market.

Glass Handling Tools and Equipment Market Trends, Drivers, Restraints, and Opportunities:

  • Increasing demand for commercial and residential buildings with modern and aesthetic appeal has significantly driven the growth of the global glass handling tools and equipment market.
  • Growing environmental concerns and rising inclination toward sustainability are positively influencing the glass handling tools and equipment  market growth.
  • Rising development in the construction industry is anticipated to spur the glass handling tools and equipment growth of the market.
  • The supply chain limitation and the ongoing trade barriers between China and the US, Europe and the US has restrained the supply of raw materials used in the manufacturing the glass handling tools. This, in turn, has negatively impacted the glass handling tools and equipment growth of the market.

Scope of Glass Handling Tools and Equipment Market Report

The report on the global glass handling tools and equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Glass Handling Tools and Equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Manual Handling and Other Equipment, Loading and Storage Equipment, Vacuum Lifters), Applications (Commercial Buildings, and Residential Buildings)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Bottero, CMS Glass Machinery, Conzzeta Management, ANVER, LiSEC, Peter Hird and Sons, Quattrolifts, TAWI, VIAVAC, and Wakefield Equipment

Global Glass Handling Tools and Equipment Market Segment Insights

Vacuum lifter segment to grow at a steady rate

Based on types, the glass handling tools and equipment market is divided into manual handling and other equipment, loading and storage equipment, and vacuum lifters.

The vacuum lifters segment to hold a significant market share during the forecast period. Vacuum lifters are devices used in materials handling and transport them to designated place. Increasing demand for efficient and safe handling of glass sheets is driving the segment growth. Moreover, the ergonomic nature of the same is expected to stimulate the segment growth.

Glass Handling Tools and Equipment Market Types

Commercial buildings segment to expand at a rapid growth rate

Based on applications, the global glass handling market is divided into commercial buildings and residential buildings.

The commercial buildings segment is anticipated to grow at a rapid rate owing to increasing number of malls, corporate spaces, and entertainment spaces across the globe. On the other hand, rising population and low interest rate from banks are speculated to drive the residential buildings segment.

Glass Handling Tools and Equipment Market Applications

The market in Asia Pacific to grow at a substantial rate.

Based on regions, the glass handling tools and equipment market is divided North America, Latin America, Asia Pacific, Europe, and Middle East & Africa.

Asia Pacific is anticipated to account for more than 45% of market share during the forecast period. Rising demand for glass handling tools in emerging economies such as India and China owing to rapid urbanization and increasing construction activities are driving the regional market growth.

Glass Handling Tools and Equipment Market Regions

Segments

The Global Glass Handling Tools and Equipment Market has been segmented on the basis of

Types

  • Manual Handling and Other Equipment
  • Loading and Storage Equipment
  • Vacuum Lifters

Applications

  • Commercial buildings
  • Residential buildings

Regions

  • North America
  • Latin America
  • Asia Pacific
  • Europe
  • Middle & East Africa

Key Players

  • Bottero
  • CMS Glass Machinery
  • Conzzeta Management
  • ANVER
  • LiSEC
  • Peter Hird and Sons
  • Quattrolifts
  • TAWI
  • VIAVAC
  • Wakefield Equipment

Competitive Landscape

Key players operating in the global glass handling tools and equipment market such as Bottero, CMS Glass Machinery, Conzzeta Management, ANVER, LiSEC, Peter Hird and Sons, Quattrolifts, TAWI, VIAVAC, and Wakefield Equipment.

 Glass Handling Tools and Equipment Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Glass Handling Tools and Equipment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Glass Handling Tools and Equipment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Glass Handling Tools and Equipment Market - Supply Chain
  4.5. Global Glass Handling Tools and Equipment Market Forecast
     4.5.1. Glass Handling Tools and Equipment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Glass Handling Tools and Equipment Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Glass Handling Tools and Equipment Market Absolute $ Opportunity
5. Global Glass Handling Tools and Equipment Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Glass Handling Tools and Equipment Market Size and Volume Forecast by Types
     5.3.1. Manual Handling and Other Equipment
     5.3.2. Loading and Storage Equipment
     5.3.3. Vacuum Lifters
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Glass Handling Tools and Equipment Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Glass Handling Tools and Equipment Market Size and Volume Forecast by Applications
     6.3.1. Commercial buildings
     6.3.2. Residential buildings
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Glass Handling Tools and Equipment Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Glass Handling Tools and Equipment Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Glass Handling Tools and Equipment Demand Share Forecast, 2019-2026
8. North America Glass Handling Tools and Equipment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Glass Handling Tools and Equipment Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Glass Handling Tools and Equipment Market Size and Volume Forecast by Types
     8.4.1. Manual Handling and Other Equipment
     8.4.2. Loading and Storage Equipment
     8.4.3. Vacuum Lifters
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Glass Handling Tools and Equipment Market Size and Volume Forecast by Applications
     8.7.1. Commercial buildings
     8.7.2. Residential buildings
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Glass Handling Tools and Equipment Demand Share Forecast, 2019-2026
9. Latin America Glass Handling Tools and Equipment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Glass Handling Tools and Equipment Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Glass Handling Tools and Equipment Market Size and Volume Forecast by Types
     9.4.1. Manual Handling and Other Equipment
     9.4.2. Loading and Storage Equipment
     9.4.3. Vacuum Lifters
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Glass Handling Tools and Equipment Market Size and Volume Forecast by Applications
     9.7.1. Commercial buildings
     9.7.2. Residential buildings
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Glass Handling Tools and Equipment Demand Share Forecast, 2019-2026
10. Europe Glass Handling Tools and Equipment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Glass Handling Tools and Equipment Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Glass Handling Tools and Equipment Market Size and Volume Forecast by Types
     10.4.1. Manual Handling and Other Equipment
     10.4.2. Loading and Storage Equipment
     10.4.3. Vacuum Lifters
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Glass Handling Tools and Equipment Market Size and Volume Forecast by Applications
     10.7.1. Commercial buildings
     10.7.2. Residential buildings
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Glass Handling Tools and Equipment Demand Share Forecast, 2019-2026
11. Asia Pacific Glass Handling Tools and Equipment Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Glass Handling Tools and Equipment Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Glass Handling Tools and Equipment Market Size and Volume Forecast by Types
     11.4.1. Manual Handling and Other Equipment
     11.4.2. Loading and Storage Equipment
     11.4.3. Vacuum Lifters
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Glass Handling Tools and Equipment Market Size and Volume Forecast by Applications
     11.7.1. Commercial buildings
     11.7.2. Residential buildings
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Glass Handling Tools and Equipment Demand Share Forecast, 2019-2026
12. Middle East & Africa Glass Handling Tools and Equipment Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Glass Handling Tools and Equipment Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Glass Handling Tools and Equipment Market Size and Volume Forecast by Types
     12.4.1. Manual Handling and Other Equipment
     12.4.2. Loading and Storage Equipment
     12.4.3. Vacuum Lifters
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Glass Handling Tools and Equipment Market Size and Volume Forecast by Applications
     12.7.1. Commercial buildings
     12.7.2. Residential buildings
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Glass Handling Tools and Equipment Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Glass Handling Tools and Equipment Market: Market Share Analysis
  13.2. Glass Handling Tools and Equipment Distributors and Customers
  13.3. Glass Handling Tools and Equipment Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

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