Market Overview:
The Global Platform Hand Trucks Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The platform hand trucks market is segmented on the basis of type, application and region. On the basis of type, the platform hand trucks market is segmented into platform trucks and platform storage & transport trucks. The platform storage & transport truck segment is further sub-segmented into two types, namely standard lift truck and low lift truck. On the basis of application, the global Platform Hand Trucks Market is divided into five segments: international airport, hotels, supermarkets, others (including hospitals/clinics and warehouses).
Product Definition:
A platform hand truck is a type of hand truck that has a large, flat platform in place of the traditional two wheels. This allows the user to easily move heavy or bulky items by placing them on the platform and pushing it like a cart. Platform hand trucks are often used in warehouses and other industrial settings where there is a need to move large or heavy items around easily.
Platform Trucks:
Platform trucks are used to transfer materials from one place to another. They are basically a series of wheels without any load attached. The platform truck is different from a trolley in that it does not have any handle or pole for support and it has no body or chassis as such. Platform trucks can be used for the transportation of goods, parts, equipment and people in an industrial setting where other types of vehicles would not be able to do the job easily due to space constraints etc.
Platform Storage & Transport Trucks:
Platform storage and transport trucks are used to store materials on a platform or as a conveyor for loading and unloading at the destination. They are widely used in construction, mining, material handling industries. Platform storage and transport trucks can be operated with or without load.
The market is expected to grow over the forecast period owing to increasing demand from end-user industries such as manufacturing & industrial processing, automotive & transportation, warehousing & distribution among others.
Application Insights:
The international airport application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in air travelers across the globe, which has resulted in an increased demand for baggage handling services at airports. As per Airports Council International (ACI), there are 5,000 airports around the world that have less than 10,000 annual passenger arrivals (ARA). In addition, according to ACI World Airport Traffic Statistics 2016 Edition published by ACI Europe, Amsterdam Airport Schiphol leads as the world¢â‚¬â„¢s fifth-busiest airport with more than 98 million passengers traveling through it annually.
Hotels are expected to be one of the fastest-growing segments owing to increasing tourism activities globally and rising number of hotels & resorts across various regions including Asia Pacific.
Regional Analysis:
The Asia Pacific region dominated the global platform hand trucks market in 2017. The presence of prominent market players, availability of cheap labor and manufacturing facilities, and rapid growth in the e-commerce industry are some major factors driving regional growth. China is anticipated to be a key manufacturing hub for these hand trucks owing to its large production base along with low cost structure.
North America is projected to grow at a significant rate over the forecast period owing to increasing investments by prominent companies for expanding their business operations across U.S., Canada, and Mexico due to growing demand from various end users such as hotels, hospitals/clinics, airports etc.). Moreover, rising trend towards automation among truck drivers will also boost product demand over next eight years.
Europe was another major contributor in terms of revenue share in 2017 on account of high acceptance amongst consumers regarding quality and features offered by these hand trucks (ease of movement while carrying heavy loads).
Growth Factors:
- Increasing demand for hand trucks from the e-commerce sector as a result of the growth in online retail sales.
- The increasing popularity of lightweight hand trucks, which are easier to maneuver and require less effort to operate, is driving market growth.
- Rising demand for platform hand trucks in the construction and manufacturing industries due to their ability to handle heavy loads easily.
- Growing use of platform hand trucks in warehouses and distribution centers for handling goods efficiently and reducing labor costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Platform Hand Trucks Market Research Report
By Type
Platform Trucks, Platform Storage & Transport Trucks
By Application
International airport, Hotels, Supermarkets, Others
By Companies
AGAB Pressautomation, Caddie, Emmegi, I-lift Equipment, Quantum Storage, Rubbermaid Commerical, AGAB Pressautomation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Platform Hand Trucks Market Report Segments:
The global Platform Hand Trucks market is segmented on the basis of:
Types
Platform Trucks, Platform Storage & Transport Trucks
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
International airport, Hotels, Supermarkets, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AGAB Pressautomation
- Caddie
- Emmegi
- I-lift Equipment
- Quantum Storage
- Rubbermaid Commerical
- AGAB Pressautomation
Highlights of The Platform Hand Trucks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Platform Trucks
- Platform Storage & Transport Trucks
- By Application:
- International airport
- Hotels
- Supermarkets
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Platform Hand Trucks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Platform hand trucks are a type of industrial truck that is designed to be used on a platform. They are typically taller than traditional hand trucks, and have wider platforms that make them easier to work with.
Some of the key players operating in the platform hand trucks market are AGAB Pressautomation, Caddie, Emmegi, I-lift Equipment, Quantum Storage, Rubbermaid Commerical, AGAB Pressautomation.
The platform hand trucks market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Platform Hand Trucks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Platform Hand Trucks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Platform Hand Trucks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Platform Hand Trucks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Platform Hand Trucks Market Size & Forecast, 2018-2028
4.5.1 Platform Hand Trucks Market Size and Y-o-Y Growth
4.5.2 Platform Hand Trucks Market Absolute $ Opportunity
Chapter 5 Global Platform Hand Trucks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Platform Hand Trucks Market Size Forecast by Type
5.2.1 Platform Trucks
5.2.2 Platform Storage & Transport Trucks
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Platform Hand Trucks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Platform Hand Trucks Market Size Forecast by Applications
6.2.1 International airport
6.2.2 Hotels
6.2.3 Supermarkets
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Platform Hand Trucks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Platform Hand Trucks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Platform Hand Trucks Analysis and Forecast
9.1 Introduction
9.2 North America Platform Hand Trucks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Platform Hand Trucks Market Size Forecast by Type
9.6.1 Platform Trucks
9.6.2 Platform Storage & Transport Trucks
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Platform Hand Trucks Market Size Forecast by Applications
9.10.1 International airport
9.10.2 Hotels
9.10.3 Supermarkets
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Platform Hand Trucks Analysis and Forecast
10.1 Introduction
10.2 Europe Platform Hand Trucks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Platform Hand Trucks Market Size Forecast by Type
10.6.1 Platform Trucks
10.6.2 Platform Storage & Transport Trucks
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Platform Hand Trucks Market Size Forecast by Applications
10.10.1 International airport
10.10.2 Hotels
10.10.3 Supermarkets
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Platform Hand Trucks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Platform Hand Trucks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Platform Hand Trucks Market Size Forecast by Type
11.6.1 Platform Trucks
11.6.2 Platform Storage & Transport Trucks
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Platform Hand Trucks Market Size Forecast by Applications
11.10.1 International airport
11.10.2 Hotels
11.10.3 Supermarkets
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Platform Hand Trucks Analysis and Forecast
12.1 Introduction
12.2 Latin America Platform Hand Trucks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Platform Hand Trucks Market Size Forecast by Type
12.6.1 Platform Trucks
12.6.2 Platform Storage & Transport Trucks
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Platform Hand Trucks Market Size Forecast by Applications
12.10.1 International airport
12.10.2 Hotels
12.10.3 Supermarkets
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Platform Hand Trucks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Platform Hand Trucks Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Platform Hand Trucks Market Size Forecast by Type
13.6.1 Platform Trucks
13.6.2 Platform Storage & Transport Trucks
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Platform Hand Trucks Market Size Forecast by Applications
13.10.1 International airport
13.10.2 Hotels
13.10.3 Supermarkets
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Platform Hand Trucks Market: Competitive Dashboard
14.2 Global Platform Hand Trucks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AGAB Pressautomation
14.3.2 Caddie
14.3.3 Emmegi
14.3.4 I-lift Equipment
14.3.5 Quantum Storage
14.3.6 Rubbermaid Commerical
14.3.7 AGAB Pressautomation
