Brazil Material Handling Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Products (Automated Guided Vehicles, Automated Storage And Retrieval Systems, Trucks And Lifts, Cranes, Others), By Application (Warehousing And Distribution, Airport Baggage Handling, Bulk Handling, Postal And Parcel Delivery, Assembly, Packaging), By Industry Vertical (Manufacturing, Healthcare, Chemical, Food And Beverage, Logistics, Construction, Other), And By Geography - Forecasts From 2023 To 2028

  • Published : Dec 2023
  • Report Code : KSI061610117
  • Pages : 114

The Brazil material handling market is estimated to grow at a CAGR of 7.44%, from US$1,359.201 million in 2021 to US$2,246.361 million by 2028.

The material handling market in Brazil is expected to grow significantly over the forecast period, mainly because of the increasing adoption of automated solutions across several industries; stringent regulations about worker safety have further led to increased adoption of numerous material handling solutions across the industries; and favorable policies and regulations by the government to uplift the nation's industries to maintain its global competitiveness. Growing initiatives towards the adoption of "Industry 4.0" are further providing an opportunity for the market to witness growth during the forecast period.

Increasing growth of the automation sector

Brazil is growing economically, has a resolute population, and is resourceful. As a result, the automation market seems bright. Automation adoption is anticipated to rise in the region due to the growing population of upper- and middle-class residents.

In Brazil, the yield of automation's return on investment (ROI) is usually rapid. It is possible to achieve an ROI of 2-4 years, which is shorter than in other developing nations. The adoption of automation in the nation is largely influenced by lowering operational costs and drastically cutting process inefficiencies through automation. The two main areas where automation technologies can yield significant benefits are picking and pallet handling.

Further, material-handling products are being used by numerous businesses to reduce floor-based human interaction. Eastman Machine Company appointed CMP Trading of São José dos Campos (São Paulo), Brazil, in July 2021 to represent its line of automated cutting systems, material handling equipment, and design software to meet this demand .

Moreover, industrial facilities in Brazil are fully automated due to the increasing acceptance of automation and ongoing technological advancements in the market. The market for material handling equipment In Brazil is also expected to rise because of continuing upgrades to industrial infrastructure and facilities to increase production capacity. Due to factors like growing online shopping platform adoption, the presence of major online retailers, and expanding logistics infrastructure, the e-commerce industry in Brazil is anticipated to grow significantly throughout the projected period. Furthermore, warehouse owners are being pressured by this trend to equip their facilities with effective material handling equipment so they may better manage the ecosystem of the supply chain.

Brazilian consumers have embraced the ease and exclusive deals that e-commerce frequently provides, giving online retailers a chance to investigate new avenues for attracting and retaining customers. Brazilian consumers, for instance, stated that 37% of customers look for products on Facebook, 67% on Instagram, 51% on YouTube, and 13% on TikTok. Furthermore, 41% said that in 2022 they would purchase goods that were suggested by online influencers.

The airport baggage handling segment is projected to grow

Baggage handling at airports is a process in which the baggage of a passenger is transferred to the plane at the departure airport and from the plane to the collection point at the arrival airport. Numerous systems and machines are used throughout the process. The major factor bolstering the growth of this segment is the flourishing tourism sector of the country. Moreover, the authorities are focusing on making the aviation industry more advanced by expanding airports and constructing new airports on account of a significant increase in air traffic which is further expected to amplify the growth of this segment in the upcoming years.

 Furthermore, according to the Brazilian Ministry of Tourism, the number of international visitors to Brazil increased with over 3.1 million international tourists from January to November 2022 which is more than 2.9 million tourist arrivals compared to previous years . It is expected to further increase in the years to come, and this in turn, will support the growth of the material handling market in Brazil as air traffic is on the rise.

According to an estimate from the Brazilian Ministry of Tourism, over 4 million foreign tourists visited Brazil in the first eight months of 2023. This highlights that increased tourist arrivals will generate the need for material handling services supporting the market growth till the forecast period.

Moreover, the government is taking all the necessary steps to boost the economy and promote the participation of private bodies in infrastructural development across the country. For instance- in August 2023, to promote Brazil's airport expansion, the construction of a new regional airport passenger terminal plan was included in the list of works proposed by the Growth Acceleration Program (PAC) launched by the government.

However, owing to the outbreak of the novel coronavirus pandemic, the growth slowed down as the halt in the activities across the aviation sector due to several government restrictions such as lockdowns and bans on travel inhibited the demand, thereby negatively impacting the market growth during the short run. Also, the economic breakdown is further anticipated to hamper the investments in new airports as well. However, with the travel ban being lifted, the aviation sector is projected to rebound, which in turn will augment the material handling solutions demand in the country.

Market Key Developments

Duravant forms an entity in Brazil and takes over the majority of BVSP.Duravant LLC, a global supplier of engineered equipment and automation solutions to the food processing, packaging, and material handling industries, announces the establishment of Duravant Brazil LTDA.

Segmentation:

  • By Products
    • Automated Guided Vehicles
    • Automated Storage and Retrieval Systems
    • Trucks and Lifts
    • Cranes
    • Others
  • By Application
    • Warehousing and Distribution
    • Airport Baggage Handling
    • Bulk Handling
    • Postal and Parcel Delivery
    • Assembly
    • Packaging
  • By Industry Vertical
    • Manufacturing
    • Healthcare
    • Chemical
    • Food and Beverage
    • Logistics
    • Construction
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • UK
      • France
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • Thailand
      • Taiwan
      • Indonesia
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Research Data

2.3. Validation

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. BRAZIL MATERIAL HANDLING MARKET BY PRODUCTS 

5.1. Introduction

5.2. Automated Guided Vehicles

5.3. Automated Storage and Retrieval Systems

5.4. Trucks and Lifts

5.5. Cranes

5.6. Others

6. BRAZIL MATERIAL HANDLING MARKET BY APPLICATION

6.1. Introduction

6.2. Warehousing and Distribution

6.3. Airport Baggage Handling

6.4. Bulk Handling

6.5. Postal and Parcel Delivery

6.6. Assembly

6.7. Packaging

7. BRAZIL MATERIAL HANDLING MARKET BY INDUSTRY VERTICAL

7.1. Introduction

7.2. Manufacturing

7.3. Healthcare

7.4. Chemical

7.5. Food and Beverage

7.6. Logistics

7.7. Construction

7.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisition, Agreements, and Collaborations

9. COMPANY PROFILES

9.1. Daifuku Co., Ltd.

9.2. Premier Tech

9.3. Honeywell International Inc.

9.4. Schaefer Systems International Pvt Ltd

9.5. BEUMER Group

9.6. Dematic

9.7. Toyota Industries Corporation

9.8. CLARK


Daifuku Co., Ltd.

Premier Tech

Honeywell International Inc.

Schaefer Systems International Pvt Ltd

BEUMER Group

Dematic

Toyota Industries Corporation

CLARK