Global Hand Trucks Market Growth 2023-2029

Global Hand Trucks Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Hand Trucks Industry Forecast” looks at past sales and reviews total world Hand Trucks sales in 2022, providing a comprehensive analysis by region and market sector of projected Hand Trucks sales for 2023 through 2029. With Hand Trucks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hand Trucks industry.

This Insight Report provides a comprehensive analysis of the global Hand Trucks landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hand Trucks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hand Trucks market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hand Trucks and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hand Trucks.

The global Hand Trucks market size is projected to grow from US$ 647.6 million in 2022 to US$ 780.2 million in 2029; it is expected to grow at a CAGR of 780.2 from 2023 to 2029.

Global Hand Trucks key players include Harper Trucks, Inc., Milwaukee Hand Trucks (Gleason Industrial Product), Magliner, Little Giant, (Brennan Equipment and Manufacturing, Inc.), Qingdao Huatian Hand Truck Co., Ltd., etc. Global top five players hold a share about 20%.

North America is the largest market, with a share about 35%, followed by Europe and China, having a total share about 40 percent.

In terms of product, Steel Hand Trucks is the largest segment, with a share about 90%. And in terms of application, the largest application is Offline Sales, followed by Online Sales.

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.

Market Segmentation:

Segmentation by type

Steel Hand Trucks

Aluminum Hand Trucks

Segmentation by application

Offline Sales

Online Sales

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

BandP Manufacturing (Craig and Tracy Hewett)

Wesco Industrial Products, LLC.

Maker Group Industry Limited

BIL Group

The Fairbanks Company

Qingdao Giant IndustryandTrading

Qingdao Xinjiangyuan Power Technology

Qingdao Zhenhua Industrial Group Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hand Trucks market?

What factors are driving Hand Trucks market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hand Trucks market opportunities vary by end market size?

How does Hand Trucks break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.