Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Sack Trucks Market by Type (Under 150 Pound, 150-300 Pound, 300-600 Pound, 600-1000 Pound, Over 1000 Pound), By Application (Transport Stations, Households, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Sack Trucks Market by Type (Under 150 Pound, 150-300 Pound, 300-600 Pound, 600-1000 Pound, Over 1000 Pound), By Application (Transport Stations, Households, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 155546 3300 Machinery & Equipment 377 230 Pages 4.9 (37)
                                          

Market Overview:


The global sack truck 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 sack trucks in various applications such as transport stations, households, and others. Additionally, the growing industrialization and urbanization are also propelling the demand for sack trucks in different regions across the globe. The global sack truck market is segmented on the basis of type, application, and region. On the basis of type, it is classified into under 150 pound sacks trucks, 150-300 pound sacks trucks 300-600 pound sacks trucks 600-1000 pounds sacks truck 1000+ pounds sacks truck .


Global Sack Trucks Industry Outlook


Product Definition:


A sack truck is a piece of equipment that helps workers move heavy objects from one place to another. They are often used in warehouses and factories, but can be helpful in any situation where something needs to be moved.


Under 150 Pound:


Under 150 pound is the weight of a full sack truck. It's primary function in the market is to carry light loads over short distances. The growth factor for this segment has been very high due to growing demand from small businesses and residential consumers.


The Sack Trucks Market has seen an increase in sales year on year, with no signs of slowing down, which can be attributed to factors such as economic recovery, technological advancements.


150-300 Pound:


150-300 pound is a weight class of Sack Trucks which are used to carry 150-300 pounds of cargo. They are mostly used in the logistics and transportation business for moving goods from one place to another within a company or between companies. These trucks can be either self-propelled or they can be attached with an engine driven cart that has wheels on it.


Application Insights:


The household application segment accounted for the largest revenue share of over 50% in 2017. Sack trucks are widely used by households across the globe to transport laundry, grocery and other goods from stores to homes. The rising trend of online shopping has led to a rise in the number of sack trucks being used at households as they can be easily transported from store to home without occupying much space or requiring much effort on part of consumers.


Households with large families or those who have rental properties often find it economical and convenient to use these vehicles as they require less maintenance than normal cars do. Sack trucks also offer ease-of-use as consumers can load/unload them directly from their car trunk using just one hand, which is an advantage compared with normal lorries that need two hands for loading and unloading purposes respectively.


Regional Analysis:


The Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for heavy-duty trucks from developing countries, such as India and China. In addition, rising investments by governments in infrastructural development are likely to boost industry expansion over the coming years.


North America is projected to witness significant growth during the same period owing to growing trade activities across U.S., Canada, and Mexico; thereby driving overall economic performance of these nations positively. Moreover, government initiatives encouraging fuel economy improvements are anticipated favorably impact industry expansion over time ahead.


In Europe, companies operating within this sector benefit from a highly developed infrastructure with well-established road networks facilitating efficient distribution throughout major economies of Germany and France among others; thus contributing significantly towards regional revenue generation capacity at present time around 2018/19 i nterval year (July 2018 - June 2019).


Growth Factors:


  • Increasing demand for sack trucks from the e-commerce sector as they are used for handling and transporting goods.
  • Rising demand for sack trucks from the food and beverage industry as they are used to transport heavy items and products in a hygienic manner.
  • Growing popularity of sack trucks among small businesses due to their low cost and easy maneuverability.
  • Increasing investment by manufacturing companies in research and development activities to develop new and innovative models of sack trucks that can cater to the needs of different industries. 5

Scope Of The Report

Report Attributes

Report Details

Report Title

Sack Trucks Market Research Report

By Type

Under 150 Pound, 150-300 Pound, 300-600 Pound, 600-1000 Pound, Over 1000 Pound

By Application

Transport Stations, Households, Others

By Companies

Breg Products, Haemmerlin, BIL Materials Handling, Armorgard, Einhell, Magliner, Alutruk, Harper Trucks

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

230

Number of Tables & Figures

161

Customization Available

Yes, the report can be customized as per your need.


Global Sack Trucks Market Report Segments:

The global Sack Trucks market is segmented on the basis of:

Types

Under 150 Pound, 150-300 Pound, 300-600 Pound, 600-1000 Pound, Over 1000 Pound

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

Transport Stations, Households, 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:

  1. Breg Products
  2. Haemmerlin
  3. BIL Materials Handling
  4. Armorgard
  5. Einhell
  6. Magliner
  7. Alutruk
  8. Harper Trucks

Global Sack Trucks Market Overview


Highlights of The Sack Trucks Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Under 150 Pound
    2. 150-300 Pound
    3. 300-600 Pound
    4. 600-1000 Pound
    5. Over 1000 Pound
  1. By Application:

    1. Transport Stations
    2. Households
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Sack 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.

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

Global Sack Trucks Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A Sack Truck is a large, heavy truck used to transport sacks of goods.

Some of the major companies in the sack trucks market are Breg Products, Haemmerlin, BIL Materials Handling, Armorgard, Einhell, Magliner, Alutruk, Harper Trucks.

The sack trucks 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. Sack Trucks 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. Sack Trucks Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Sack Trucks Market - Supply Chain
   4.5. Global Sack Trucks Market Forecast
      4.5.1. Sack Trucks Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Sack Trucks Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Sack Trucks Market Absolute $ Opportunity

5. Global Sack Trucks 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. Sack Trucks Market Size and Volume Forecast by Type
      5.3.1. Under 150 Pound
      5.3.2. 150-300 Pound
      5.3.3. 300-600 Pound
      5.3.4. 600-1000 Pound
      5.3.5. Over 1000 Pound
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Sack Trucks 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. Sack Trucks Market Size and Volume Forecast by Application
      6.3.1. Transport Stations
      6.3.2. Households
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Sack Trucks 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. Sack Trucks 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 Sack Trucks 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. Sack Trucks 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 Sack Trucks Demand Share Forecast, 2019-2026

9. North America Sack Trucks 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 Sack Trucks 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 Sack Trucks Market Size and Volume Forecast by Application
      9.4.1. Transport Stations
      9.4.2. Households
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Sack Trucks Market Size and Volume Forecast by Type
      9.7.1. Under 150 Pound
      9.7.2. 150-300 Pound
      9.7.3. 300-600 Pound
      9.7.4. 600-1000 Pound
      9.7.5. Over 1000 Pound
   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 Sack Trucks Demand Share Forecast, 2019-2026

10. Latin America Sack Trucks 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 Sack Trucks 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 Sack Trucks Market Size and Volume Forecast by Application
      10.4.1. Transport Stations
      10.4.2. Households
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Sack Trucks Market Size and Volume Forecast by Type
      10.7.1. Under 150 Pound
      10.7.2. 150-300 Pound
      10.7.3. 300-600 Pound
      10.7.4. 600-1000 Pound
      10.7.5. Over 1000 Pound
   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 Sack Trucks Demand Share Forecast, 2019-2026

11. Europe Sack Trucks 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 Sack Trucks 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 Sack Trucks Market Size and Volume Forecast by Application
      11.4.1. Transport Stations
      11.4.2. Households
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Sack Trucks Market Size and Volume Forecast by Type
      11.7.1. Under 150 Pound
      11.7.2. 150-300 Pound
      11.7.3. 300-600 Pound
      11.7.4. 600-1000 Pound
      11.7.5. Over 1000 Pound
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections b 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 Sack Trucks Demand Share, 2019-2026

12. Asia Pacific Sack Trucks 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 Sack Trucks 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 Sack Trucks Market Size and Volume Forecast by Application
      12.4.1. Transport Stations
      12.4.2. Households
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Sack Trucks Market Size and Volume Forecast by Type
      12.7.1. Under 150 Pound
      12.7.2. 150-300 Pound
      12.7.3. 300-600 Pound
      12.7.4. 600-1000 Pound
      12.7.5. Over 1000 Pound
   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 Sack Trucks Demand Share, 2019-2026

13. Middle East & Africa Sack Trucks 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 Sack Trucks 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 Sack Trucks Market Size and Volume Forecast by Application
      13.4.1. Transport Stations
      13.4.2. Households
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Sack Trucks Market Size and Volume Forecast by Type
      13.7.1. Under 150 Pound
      13.7.2. 150-300 Pound
      13.7.3. 300-600 Pound
      13.7.4. 600-1000 Pound
      13.7.5. Over 1000 Pound
   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 Sack Trucks Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Sack Trucks Market: Market Share Analysis
   14.2. Sack Trucks Distributors and Customers
   14.3. Sack Trucks Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Breg Products
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Haemmerlin
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. BIL Materials Handling
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Armorgard
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Einhell
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Magliner
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Alutruk
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Harper Trucks
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         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

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