The Saudi Arabia material handling equipment market size reached USD 2.15 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.93 Billion by 2033, exhibiting a growth rate (CAGR) of 6.20% during 2025-2033. At present, the broadening of e-commerce portals is driving the demand for advanced logistics solutions, motivating warehouses to implement mechanized and automated tools for quicker and more precise deliveries. Besides this, the growing utilization of the Internet of Things (IoT) is contributing to the expansion of the Saudi Arabia material handling equipment market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 2.15 Billion |
Market Forecast in 2033 | USD 3.93 Billion |
Market Growth Rate 2025-2033 | 6.20% |
Expansion of warehousing and logistics infrastructure
The broadening of warehousing and logistics infrastructure is positively influencing the market in Saudi Arabia. The need for effective material handling systems is growing as the nation is expanding its distribution and logistics networks to meet Vision 2030 objectives and economic diversification. In order to maximize space, expedite operations, and manage large volumes of commodities, new warehouse facilities in logistics zones, industrial hubs, and free trade areas require sophisticated equipment, including palletizers, conveyors, and automated storage systems. The growth of e-commerce is creating the need for contemporary logistics capabilities, motivating warehouses to implement automated and mechanized technology to guarantee quicker and more precise deliveries. Cold storage expansion for food products, pharmaceuticals, and perishables is driving the demand for specialized handling systems. Logistics firms are investing in scalable and intelligent equipment to reduce labor dependency and improve productivity. Government initiatives to position Saudi Arabia as a logistics hub are enhancing infrastructure spending, attracting private investments and worldwide technology providers. Rising adoption of warehouse management systems is further catalyzing the demand for integrated material handling solutions. According to the IMARC Group, the Saudi Arabia warehouse management systems market size reached USD 47.32 Million in 2024. As industries like manufacturing, automotive, and construction are thriving, the need for equipment that ensures safe and efficient movement of goods is growing.
Increasing utilization of IoT
Rising adoption of the IoT is impelling the Saudi Arabia material handling equipment market growth. The International Data Corporation (IDC) estimated that by 2025, the Saudi Arabia IoT market will hit USD 2.9 Billion, expanding annually by 12.8%. IoT-enabled systems allow businesses to track equipment performance, inventory movement, and warehouse conditions with precision. Sensors and smart devices integrated into forklifts, conveyors, and storage systems provide data that helps optimize routes, minimize downtime, and predict maintenance needs. This predictive maintenance reduces unexpected breakdowns and increases equipment lifespan. IoT also supports the development of automated and semi-automated material handling solutions, which improve productivity and lower reliance on manual labor. In large-scale logistics centers and smart warehouses, IoT improves coordination between machinery and management systems, enabling smooth and synchronized operations. It also enhances safety by identifying equipment malfunctions and safety risks in real time. As Saudi Arabia is investing in digital infrastructure and Industry 4.0, more businesses are employing IoT to meet modern warehousing and logistics demands. This shift towards connected systems is making material handling equipment smarter, more responsive, and better aligned with national goals for industrial efficiency and technological advancement.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on product and application.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes cranes and lifting equipment, industrial trucks, continuous handling equipment, and racking and storage equipment.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes automotive, food and beverages, chemical, semiconductor and electronics, e-commerce, aviation, pharmaceutical, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Products Covered | Cranes and Lifting Equipment, Industrial Trucks, Continuous Handling Equipment, Racking and Storage Equipment |
Applications Covered | Automotive, Food and Beverages, Chemical, Semiconductor and Electronics, E-Commerce, Aviation, Pharmaceutical, Others |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: