Report Description
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 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
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Details
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Report Title
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Glass Handling Tools and Equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Manual Handling and Other Equipment, Loading and Storage Equipment, Vacuum Lifters), Applications (Commercial Buildings, and Residential Buildings)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Bottero, CMS Glass Machinery, Conzzeta Management, ANVER, LiSEC, Peter Hird and Sons, Quattrolifts, TAWI, VIAVAC, and Wakefield Equipment
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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.
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.
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.
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.
Table Of Content
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)