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.
According to this study, over the next five years the Hand Trucks market will register a 3.6% CAGR in terms of revenue, the global market size will reach USD 700 million by 2024, from USD 580 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hand Trucks business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Hand Trucks market by product type, application, key manufacturers and key regions and countries.
This study considers the Hand Trucks value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Steel Hand Trucks
Aluminum Hand Trucks
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Offline Sales
Online Sales
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
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.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Hand Trucks consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hand Trucks market by identifying its various subsegments.
Focuses on the key global Hand Trucks manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hand Trucks with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hand Trucks submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
