Hand Trucks Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Hand Trucks market including various factors related to and dependent influencing the market growth.
Hand truck, is an L-shaped box-moving handcart with handles at one end, wheels at the base, with a small ledge to set objects on, flat against the floor when the hand-truck is upright.
The global production of Hand Trucks is about 19822 K Units in 2016, China is the largest produce region in 2016, the production volume is about 8732 K Unit, the market share is about 44.05%; Southeast Asia is the second largest produce region in 2016, the production is about 3153 K Unit, the market share is about 15.90%;
The average price of Hand Trucks is about 96 USD per Unit in 2016, the average gross margin is about 22.67%, the gross margin shows downstream trend;
The hand trucks can be divided into 5 types, Under 150 pound, 150-300 pound, 300-600 pound, 600-1,000 pound, Over 1,000 pound. The 300-600 pound occupies largest market share about 41.24% in 2016; the hand trucks can be divided into four types by application which are Transport stations, Retail, Households, Other. The Retail occupies about 51.86% market share;
In the future, with the development of technology and economic level, and the ownership of Hand Trucks keeps rising, the Hand Trucks will have great increase range; the developing countries will be high growth rate market.
The Hand Trucks market was valued at 580 Million US$ in 2020 and is projected to reach 720 Million US$ by 2030, at a CAGR of 3.1% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Hand Trucks.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Hand Trucks market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Hand Trucks market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Hand Trucks market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Hand Trucks Market:
The major competitors working in the market are:
, Harper Trucks, Inc., Milwaukee Hand Trucks (Gleason Industrial Product), Magliner, Little Giant (Brennan Equipment and Manufacturing, Inc.), Qingdao Huatian Hand Truck Co., Ltd., Qingdao Taifa Group, B&P Manufacturing (Craig and Tracy Hewett), Wesco Industrial Products, LLC., Maker Group Industry Limited, BIL Group, The Fairbanks Company, Qingdao Giant Industry&Trading, Qingdao Xinjiangyuan Power Technology, Qingdao Zhenhua Industrial Group Co., Ltd.
Market by Order Type
Steel Hand Trucks
Aluminum Hand Trucks
Hand Trucks Data by Application
Offline Sales
Online Sales
Hand Trucks Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Hand Trucks market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Hand Trucks Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Hand Trucks market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Hand Trucks market size and their forecasts
- To provide strategic profiles of the key players operating in the Hand Trucks market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Hand Trucks market
Target Audiences for Hand Trucks Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
We also provide customized reports according to customer\'s specific requirements. We also provide customization for regional and country-level reports individually.
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