Market Overview:
The global hand pallet jack market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for hand pallet jacks in various applications, such as retail stores, warehousing, and manufacturing plants. Additionally, the growing demand for electric hand pallet jacks is also contributing to the growth of the global hand pallet jack market.
Product Definition:
A hand pallet jack, also known as a manual pallet jack, is a device used to move goods around by lifting and pushing them on a pallet. Pallets are platforms that goods are placed on, and the hand pallet jack allows workers to easily move these platforms from one place to another.
Below 500kg Capacity:
Hand pallet jack is a low-sided truck used to transfer goods from one location to another. It has the ability to carry up to 500 kg of weight and can be driven by an electric or manual engine. The hand pallet jack has a loading capacity of up to 1,000 kg and can be used for both indoor and outdoor applications.
500-999 kg Capacity:
500-999 kg capacity hand pallet jack is used for loading and unloading heavy or light weight materials, which are generally placed on the ground. It has a wide range of applications in industries such as construction, automotive & transportation, food & beverage and others. 500-999 kg capacity hand pallet jack is also known as “high lift” or “lowboy” truck.
Application Insights:
The manufacturing plant was the largest application segment in 2017 and accounted for a market share of more than 35% in terms of revenue. The product is widely used at various stages of the manufacturing process including pre-assembly, assembly and storage. Various manufacturers offer customized hand pallet jacks with different load capacities to meet specific requirements from customers.
Hand pallet jacks are also used for distribution & delivery purposes at retail stores or warehouses by companies, organizations or institutions that store products ranging from small electronic components to large machinery parts. These products need to be stored on shelves with limited space available around them, which leads to the adoption of hand pallet jack as they can be utilized efficiently for moving heavy loads without making additional room on shelves.
The others application segment includes construction sites, hotels/resorts and transportation facilities among others where these equipment are used for loading & unloading purposes such as trucks, containers among others vehicles¢â‚¬â„¢ cabs.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a surge in industrialization, which has resulted in an increased demand for hand pallet jack. Countries such as China, India, Japan are some of the leading consumers of these products owing to their increasing manufacturing sector and rising exports from domestic manufacturers.
The Asia Pacific market was valued at USD X billion in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization across emerging economies including China and India along with other Southeast Asian countries such as Indonesia, Malaysia Thailand etc.
Growth Factors:
- Increasing demand from the e-commerce sector for fast and efficient handling of goods
- Rising investment in warehouses and distribution centers
- Proliferation of small and medium-sized businesses
- Growing popularity of hand pallet jacks as a green alternative to forklifts
- Advances in pallet jack technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Hand Pallet Jack Market Research Report
By Type
Below 500kg Capacity, 500-999 kg Capacity, 1000-1999 kg Capacity, 2000-2999 kg Capacity, 3000-3999 kg Capacity, 4000-4999 kg Capacity, 5000-5999 kg Capacity, Greater than or equal to6000 kg Capacity
By Application
Retail Store, Warehousing, Manufacturing Plant, Others
By Companies
Toyota Material Handling, Hanselifter, Jungheinrich, Crown, Linde Material Handling, Blue Giant, Raymond Corp, Hyster, STILL, Presto Lifts, Lift-Rite, Ningbo Ruyi Joint Stock, Noblelift, Logitrans, GiantMove, Noveltek, CLARK, Wesco Industrial Products
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Hand Pallet Jack Market Report Segments:
The global Hand Pallet Jack market is segmented on the basis of:
Types
Below 500kg Capacity, 500-999 kg Capacity, 1000-1999 kg Capacity, 2000-2999 kg Capacity, 3000-3999 kg Capacity, 4000-4999 kg Capacity, 5000-5999 kg Capacity, Greater than or equal to6000 kg Capacity
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
Retail Store, Warehousing, Manufacturing Plant, 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:
- Toyota Material Handling
- Hanselifter
- Jungheinrich
- Crown
- Linde Material Handling
- Blue Giant
- Raymond Corp
- Hyster
- STILL
- Presto Lifts
- Lift-Rite
- Ningbo Ruyi Joint Stock
- Noblelift
- Logitrans
- GiantMove
- Noveltek
- CLARK
- Wesco Industrial Products
Highlights of The Hand Pallet Jack 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:
- Below 500kg Capacity
- 500-999 kg Capacity
- 1000-1999 kg Capacity
- 2000-2999 kg Capacity
- 3000-3999 kg Capacity
- 4000-4999 kg Capacity
- 5000-5999 kg Capacity
- Greater than or equal to6000 kg Capacity
- By Application:
- Retail Store
- Warehousing
- Manufacturing Plant
- 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 Hand Pallet Jack 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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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?
A hand pallet jack is a tool used to lift and move heavy objects. It is also known as a hand truck, dolly, or push cart.
Some of the major players in the hand pallet jack market are Toyota Material Handling, Hanselifter, Jungheinrich, Crown, Linde Material Handling, Blue Giant, Raymond Corp, Hyster, STILL, Presto Lifts, Lift-Rite, Ningbo Ruyi Joint Stock, Noblelift, Logitrans, GiantMove, Noveltek, CLARK, Wesco Industrial Products.
The hand pallet jack market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hand Pallet Jack Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hand Pallet Jack Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hand Pallet Jack Market - Supply Chain
4.5. Global Hand Pallet Jack Market Forecast
4.5.1. Hand Pallet Jack Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hand Pallet Jack Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hand Pallet Jack Market Absolute $ Opportunity
5. Global Hand Pallet Jack Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hand Pallet Jack Market Size and Volume Forecast by Type
5.3.1. Below 500kg Capacity
5.3.2. 500-999 kg Capacity
5.3.3. 1000-1999 kg Capacity
5.3.4. 2000-2999 kg Capacity
5.3.5. 3000-3999 kg Capacity
5.3.6. 4000-4999 kg Capacity
5.3.7. 5000-5999 kg Capacity
5.3.8. Greater than or equal to6000 kg Capacity
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hand Pallet Jack Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hand Pallet Jack Market Size and Volume Forecast by Application
6.3.1. Retail Store
6.3.2. Warehousing
6.3.3. Manufacturing Plant
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hand Pallet Jack Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hand Pallet Jack Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hand Pallet Jack Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hand Pallet Jack Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hand Pallet Jack Demand Share Forecast, 2019-2026
9. North America Hand Pallet Jack Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hand Pallet Jack Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hand Pallet Jack Market Size and Volume Forecast by Application
9.4.1. Retail Store
9.4.2. Warehousing
9.4.3. Manufacturing Plant
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hand Pallet Jack Market Size and Volume Forecast by Type
9.7.1. Below 500kg Capacity
9.7.2. 500-999 kg Capacity
9.7.3. 1000-1999 kg Capacity
9.7.4. 2000-2999 kg Capacity
9.7.5. 3000-3999 kg Capacity
9.7.6. 4000-4999 kg Capacity
9.7.7. 5000-5999 kg Capacity
9.7.8. Greater than or equal to6000 kg Capacity
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hand Pallet Jack Demand Share Forecast, 2019-2026
10. Latin America Hand Pallet Jack Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hand Pallet Jack Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hand Pallet Jack Market Size and Volume Forecast by Application
10.4.1. Retail Store
10.4.2. Warehousing
10.4.3. Manufacturing Plant
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hand Pallet Jack Market Size and Volume Forecast by Type
10.7.1. Below 500kg Capacity
10.7.2. 500-999 kg Capacity
10.7.3. 1000-1999 kg Capacity
10.7.4. 2000-2999 kg Capacity
10.7.5. 3000-3999 kg Capacity
10.7.6. 4000-4999 kg Capacity
10.7.7. 5000-5999 kg Capacity
10.7.8. Greater than or equal to6000 kg Capacity
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hand Pallet Jack Demand Share Forecast, 2019-2026
11. Europe Hand Pallet Jack Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hand Pallet Jack Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hand Pallet Jack Market Size and Volume Forecast by Application
11.4.1. Retail Store
11.4.2. Warehousing
11.4.3. Manufacturing Plant
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hand Pallet Jack Market Size and Volume Forecast by Type
11.7.1. Below 500kg Capacity
11.7.2. 500-999 kg Capacity
11.7.3. 1000-1999 kg Capacity
11.7.4. 2000-2999 kg Capacity
11.7.5. 3000-3999 kg Capacity
11.7.6. 4000-4999 kg Capacity
11.7.7. 5000-5999 kg Capacity
11.7.8. Greater than or equal to6000 kg Capacity
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hand Pallet Jack Demand Share, 2019-2026
12. Asia Pacific Hand Pallet Jack Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hand Pallet Jack Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hand Pallet Jack Market Size and Volume Forecast by Application
12.4.1. Retail Store
12.4.2. Warehousing
12.4.3. Manufacturing Plant
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hand Pallet Jack Market Size and Volume Forecast by Type
12.7.1. Below 500kg Capacity
12.7.2. 500-999 kg Capacity
12.7.3. 1000-1999 kg Capacity
12.7.4. 2000-2999 kg Capacity
12.7.5. 3000-3999 kg Capacity
12.7.6. 4000-4999 kg Capacity
12.7.7. 5000-5999 kg Capacity
12.7.8. Greater than or equal to6000 kg Capacity
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hand Pallet Jack Demand Share, 2019-2026
13. Middle East & Africa Hand Pallet Jack Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hand Pallet Jack Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hand Pallet Jack Market Size and Volume Forecast by Application
13.4.1. Retail Store
13.4.2. Warehousing
13.4.3. Manufacturing Plant
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hand Pallet Jack Market Size and Volume Forecast by Type
13.7.1. Below 500kg Capacity
13.7.2. 500-999 kg Capacity
13.7.3. 1000-1999 kg Capacity
13.7.4. 2000-2999 kg Capacity
13.7.5. 3000-3999 kg Capacity
13.7.6. 4000-4999 kg Capacity
13.7.7. 5000-5999 kg Capacity
13.7.8. Greater than or equal to6000 kg Capacity
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hand Pallet Jack Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hand Pallet Jack Market: Market Share Analysis
14.2. Hand Pallet Jack Distributors and Customers
14.3. Hand Pallet Jack Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Toyota Material Handling
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hanselifter
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jungheinrich
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Crown
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Linde Material Handling
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Blue Giant
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Raymond Corp
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hyster
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. STILL
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Presto Lifts
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lift-Rite
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ningbo Ruyi Joint Stock
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Noblelift
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Logitrans
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. GiantMove
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Noveltek
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. CLARK
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Wesco Industrial Products
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
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