Report overview
The global Hand Trucks market was valued at 59.87 Million USD in 2021 and will grow with a CAGR of 3.16% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.
By Market Verdors:
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.
By Types:
Steel Hand Trucks
Aluminum Hand Trucks
By Applications:
Offline Sales
Online Sales
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
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To understand the future outlook and prospects for the market.
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