Market Overview:
The global hand trolley market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hand trolleys from various end-use industries, such as retail, e-commerce, and logistics. Steel hand trucks are expected to dominate the global market in terms of revenue share during the forecast period. However, aluminum hand trucks are projected to witness higher growth rates owing to their lightweight properties and corrosion resistance features.
Product Definition:
A hand trolley is a small, wheeled cart that can be pushed or pulled by hand. It is often used to move heavy objects around a warehouse or factory.
Steel Hand Trucks:
Steel hand trucks are used to move heavy loads and are also known as hand tractors. They are most commonly used in construction, mining, material handling and waste management industries. The global steel hand trucks market is expected to witness significant growth over the forecast period owing to increasing demand from end-user industries such as construction & building, automotive & transportation and logistics among others.
Aluminum Hand Trucks:
Aluminum hand trucks are used to move or transport heavy materials and equipment in construction, industrial, medical and automotive industries. Aluminum is a very strong lightweight metal which is extensively used in the manufacturing of hand trucks. It offers high strength to weight ratio which makes it more efficient for lifting heavy materials compared to other metals such as steel & iron.
Application Insights:
Offline sales accounted for the largest market share in 2017 and are projected to expand at a CAGR of XX% over the forecast period. The growth is attributed to increasing demand for trolleys in offline retail stores as well as online retailers. Offline sales accounted for a major part of total revenue in 2017 owing to growing e-commerce industry across the globe, which has resulted in increased product visibility and adoption by brick-and-mortar stores.
Online sales are expected to be fastest growing application segment from 2018 to 2030 due to rising popularity of online shopping among consumers globally, especially during festive seasons such as Christmas and Thanksgiving Day when various products sell out quickly even before they reach their destinations creating artificial scarcity that drives up prices on Amazon, eBay etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of 4.6% over the forecast period, owing to increasing online as well as offline sales across various industries in the U.S., Canada, and Mexico.
Asia Pacific is anticipated to be one of the fastest growing regions with a CAGR exceeding 5% from 2018 to 2030 due its developing retail sector coupled with expanding online shopping industry in China, India among other countries which are driving demand for hand trucks amongst consumers.
Growth Factors:
- Increasing demand for hand trolleys from the retail sector as a result of the growth in organized retailing.
- Rising demand for hand trolleys from the e-commerce sector due to increase in online shopping.
- Growing popularity of lightweight and portable hand trolleys among consumers.
- Increasing number of manufacturing companies focusing on designing innovative and ergonomic hand trolleys that meet consumer needs.
- Proliferation of online marketplaces that offer a wide range of Hand Trolley products at competitive prices, enabling consumers to compare and select products based on their requirements
Scope Of The Report
Report Attributes
Report Details
Report Title
Hand Trolley Market Research Report
By Type
Steel Hand Trucks, Aluminum Hand Trucks
By Application
Offline Sales, Online Sales
By Companies
Harper Trucks, Milwaukee Hand Trucks (Gleason Industrial Product), Magliner, Little Giant (Brennan Equipment and Manufacturing,), Qingdao Huatian Hand Truck, Qingdao Taifa Group, B&P Manufacturing (Craig and Tracy Hewett), Wesco Industrial Products, Maker Group Industry Limited, BIL Group, The Fairbanks Company, Qingdao Giant Industry&Trading, Qingdao Xinjiangyuan Power Technology, Qingdao Zhenhua Industrial Group
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Hand Trolley Market Report Segments:
The global Hand Trolley market is segmented on the basis of:
Types
Steel Hand Trucks, Aluminum Hand 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
Offline Sales, Online Sales
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:
- Harper Trucks
- Milwaukee Hand Trucks (Gleason Industrial Product)
- Magliner
- Little Giant (Brennan Equipment and Manufacturing,)
- Qingdao Huatian Hand Truck
- Qingdao Taifa Group
- B&P Manufacturing (Craig and Tracy Hewett)
- Wesco Industrial Products
- Maker Group Industry Limited
- BIL Group
- The Fairbanks Company
- Qingdao Giant Industry&Trading
- Qingdao Xinjiangyuan Power Technology
- Qingdao Zhenhua Industrial Group
Highlights of The Hand Trolley 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:
- Steel Hand Trucks
- Aluminum Hand Trucks
- By Application:
- Offline Sales
- Online Sales
- 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 Trolley 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 trolley is a device that helps people with disabilities move around. It is a cart with two handles, one on each side, that the person can use to pull themselves along.
Some of the major players in the hand trolley market are Harper Trucks, Milwaukee Hand Trucks (Gleason Industrial Product), Magliner, Little Giant (Brennan Equipment and Manufacturing,), Qingdao Huatian Hand Truck, Qingdao Taifa Group, B&P Manufacturing (Craig and Tracy Hewett), Wesco Industrial Products, Maker Group Industry Limited, BIL Group, The Fairbanks Company, Qingdao Giant Industry&Trading, Qingdao Xinjiangyuan Power Technology, Qingdao Zhenhua Industrial Group.
The hand trolley market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hand Trolley 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 Trolley Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hand Trolley Market - Supply Chain
4.5. Global Hand Trolley Market Forecast
4.5.1. Hand Trolley Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hand Trolley Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hand Trolley Market Absolute $ Opportunity
5. Global Hand Trolley 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 Trolley Market Size and Volume Forecast by Type
5.3.1. Steel Hand Trucks
5.3.2. Aluminum Hand Trucks
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hand Trolley 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 Trolley Market Size and Volume Forecast by Application
6.3.1. Offline Sales
6.3.2. Online Sales
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hand Trolley 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 Trolley 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 Trolley 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 Trolley 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 Trolley Demand Share Forecast, 2019-2026
9. North America Hand Trolley 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 Trolley 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 Trolley Market Size and Volume Forecast by Application
9.4.1. Offline Sales
9.4.2. Online Sales
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hand Trolley Market Size and Volume Forecast by Type
9.7.1. Steel Hand Trucks
9.7.2. Aluminum Hand Trucks
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 Trolley Demand Share Forecast, 2019-2026
10. Latin America Hand Trolley 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 Trolley 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 Trolley Market Size and Volume Forecast by Application
10.4.1. Offline Sales
10.4.2. Online Sales
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hand Trolley Market Size and Volume Forecast by Type
10.7.1. Steel Hand Trucks
10.7.2. Aluminum Hand Trucks
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 Trolley Demand Share Forecast, 2019-2026
11. Europe Hand Trolley 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 Trolley 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 Trolley Market Size and Volume Forecast by Application
11.4.1. Offline Sales
11.4.2. Online Sales
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hand Trolley Market Size and Volume Forecast by Type
11.7.1. Steel Hand Trucks
11.7.2. Aluminum Hand Trucks
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 Trolle Demand Share, 2019-2026
12. Asia Pacific Hand Trolley 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 Trolley 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 Trolley Market Size and Volume Forecast by Application
12.4.1. Offline Sales
12.4.2. Online Sales
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hand Trolley Market Size and Volume Forecast by Type
12.7.1. Steel Hand Trucks
12.7.2. Aluminum Hand Trucks
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 Trolley Demand Share, 2019-2026
13. Middle East & Africa Hand Trolley 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 Trolley 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 Trolley Market Size and Volume Forecast by Application
13.4.1. Offline Sales
13.4.2. Online Sales
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hand Trolley Market Size and Volume Forecast by Type
13.7.1. Steel Hand Trucks
13.7.2. Aluminum Hand Trucks
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 Trolley Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hand Trolley Market: Market Share Analysis
14.2. Hand Trolley Distributors and Customers
14.3. Hand Trolley Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Harper Trucks
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Milwaukee Hand Trucks (Gleason Industrial Product)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Magliner
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Little Giant (Brennan Equipment and Manufacturing,)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Qingdao Huatian Hand Truck
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Qingdao Taifa Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. B&P Manufacturing (Craig and Tracy Hewett)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Wesco Industrial Products
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Maker Group Industry Limited
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. BIL Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. The Fairbanks Company
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Qingdao Giant Industry&Trading
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Qingdao Xinjiangyuan Power Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Qingdao Zhenhua Industrial Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
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
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
