What Does the Saudi Arabia Construction Material Handling Equipment Market Report Reveal About Industry Growth During 2025-2030?

A new study by MarkNtel Advisors takes a deep look at The Saudi Arabia Construction Material Handling Equipment Market size was valued at around USD 1.77 billion in 2024 and is projected to reach USD 2.91 billion by 2030. The market is also estimated to grow at a CAGR of around 8.11% during the forecast period, i.e., 2025-30.

This comprehensive study provides data-driven insights into key market drivers, ongoing challenges, and emerging opportunities. It aims to help businesses, investors, and decision-makers understand the market’s direction, assess potential risks, and make strategic, informed decisions for future growth.

Download Your Free PDF Sample– Explore market size, trends, and growth forecast for 2025-2030 and make data-driven decisions today! https://www.marknteladvisors.com/query/request-sample/saudi-arabia-construction-material-handling-equipment-market.html

What Is Driving the Growth of the Saudi Arabia Construction Material Handling Equipment Market?

Increased FDI Inflow in Construction Sector – The construction sector, including the residential sector in the country, is developing due to the changes in the legislative norms. In 2023, the government authorities changed the foreign investment policies in the stocks, which indirectly impact the construction across the country. The policy allows foreign investors to invest in Saudi-listed companies in the residential sector. Due to these changes, about 13.5% of the rise is observed in the construction, accounting for nearly USD212.59 million of FDI inflow in 2023. The Capital Market Authority of Saudi Arabia also permits investments in residential properties within Makkah and Madinah. This law of real estate ownership and investments has led to a rise in the construction of residential properties in the country, which is projected to grow in the following years. This increases the need for material handling equipment for the efficient conduct of the construction work.

What Challenges Exist in the Saudi Arabia Construction Material Handling Equipment Market?

Saudi Arabia Construction Material Handling Equipment Market Challenge:

Increasing Rental Services of Material Handling Equipment – The rising construction activities in Saudi Arabia have increased the rental services of the machinery. This is due to the low-cost accessibility of the equipment, no maintenance cost, short-term projects, and others. The purchasing cost of the material handling equipment is high. Thus, purchasing it for short-term construction projects is not preferred as it raises the inventory for the storage of the equipment. As a result, renting of the machinery is preferred as it is low-cost and no additional cost, such as maintenance, inventory, is required. Thus, increasing the adoption of rental services across the nation. Several rental service providers, such as Al Marwan, have enlarged their services by adding about 19 new Sinboom articulate lifts to the region in 2025. Such new partnerships and enlargements of the rental services hamper the growth of the market.

Comprehensive Analysis: Preview detailed market analysis, including segmentation, competitive landscape, and Geographical insights – https://www.marknteladvisors.com/research-library/saudi-arabia-construction-material-handling-equipment-market.html

How Is the Saudi Arabia Construction Material Handling Equipment Market Segmented?

The market is categorized into multiple segments to offer a comprehensive understanding of its structure and performance.

By Equipment

-Crane- Market Size & Forecast 2020-2030, (Thousand Units)

-Forklift- Market Size & Forecast 2020-2030, (Thousand Units)

-Counterbalance Forklift- Market Size & Forecast 2020-2030, (Thousand Units)

-Reach Forklift- Market Size & Forecast 2020-2030, (Thousand Units)

-Loader- Market Size & Forecast 2020-2030, (Thousand Units)

-Backhoe Loader- Market Size & Forecast 2020-2030, (Thousand Units)

-Skid Steer Loader- Market Size & Forecast 2020-2030, (Thousand Units)

-Track Loader- Market Size & Forecast 2020-2030, (Thousand Units)

-Wheeled Loader- Market Size & Forecast 2020-2030, (Thousand Units)

-Telehandler- Market Size & Forecast 2020-2030, (Thousand Units)

-Others- Market Size & Forecast 2020-2030, (Thousand Units)

By End User

-Construction- Market Size & Forecast 2020-2030, (Thousand Units)

-Commercial- Market Size & Forecast 2020-2030, (Thousand Units)

-Residential- Market Size & Forecast 2020-2030, (Thousand Units)

-Industrial - Market Size & Forecast 2020-2030, (Thousand Units)

-Ports- Market Size & Forecast 2020-2030, (Thousand Units)

-Warehouses- Market Size & Forecast 2020-2030, (Thousand Units)

By Region

-East- Market Size & Forecast 2020-2030, (Thousand Units)

-West- Market Size & Forecast 2020-2030, (Thousand Units)

-South- Market Size & Forecast 2020-2030, (Thousand Units)

-Central- Market Size & Forecast 2020-2030, (Thousand Units).

Who Are the Key Players in the Saudi Arabia Construction Material Handling Equipment Market?

The competitive landscape analysis focuses on major companies shaping the market through innovation, strategic expansion, and acquisitions.

Leading Companies Include:

Caterpillar, CNH Industrial, Komatsu, Volvo Group, Sumitomo Heavy Industries, Ltd., Hitachi Construction Machinery Global, XCMG Group, Doosan Bobcat, HD Hyundai Xitesolution, Manitowoc Company, Inc., and others..

These players are analyzed based on their market strategies, product portfolios, expansions, and partnerships to help readers understand how competition is evolving.

Why Should You Buy the Saudi Arabia Construction Material Handling Equipment Market Report?

·         Gain comprehensive insights into the industry’s growth drivers, restraints, and opportunities.

·         Access data-backed intelligence on key market trends, emerging technologies, and investment prospects.

·         Identify competitive strategies and business models adopted by leading players.

·         Understand regional variations and their impact on global market performance.

·         Leverage financial and strategic forecasts to make informed business decisions.

Can the Report Be Customized to Meet Specific Business Needs?

Yes. MarkNtel Advisors provides customized research reports tailored to your organization’s specific objectives and data requirements. These custom reports help businesses gain actionable insights, assess market competitiveness, and design effective strategies for sustainable growth.

Select a License That Matches Your Business Requirements with Instant Offer – https://www.marknteladvisors.com/pricing/saudi-arabia-construction-material-handling-equipment-market.html

About us

MarkNtel Advisors is a globally recognized market research firm offering comprehensive insights into the construction and mining sector, encompassing building management, construction materials, and construction technology & equipment. We assist developers, equipment manufacturers, and infrastructure investors in understanding market trends, sustainability mandates, and technological disruptions. Leveraging our Competitive Intelligence services, we help organizations benchmark competitors, identify white spaces, and craft informed growth strategies for enduring success in the global construction landscape.

MarkNtel Advisors is a globally recognized Industry Research Report Firm delivering actionable intelligence across the construction and mining industry, covering building management, construction materials, and construction technology & equipment. As a trusted Market Research Reports provider, we deliver Business Research and analytical insights at global, regional, and country levels, helping developers, equipment manufacturers, and investors evaluate infrastructure trends, material innovations, and smart construction initiatives. Our studies integrate Financial Services analytics, supply chain assessments, and Market Forecast modeling to deliver precision-driven insights. Leveraging advanced Business Analysis and project intelligence, clients gain a competitive edge in navigating regulatory frameworks and capital-intensive environments. Backed by specialized Consulting Services, MarkNtel Advisors empowers stakeholders to design scalable growth strategies, optimize investments, and enhance efficiency across global construction and mining markets.

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