Global Hand Trucks Market Expected to Witness a Sustainable Growth over 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global Hand Trucks market.

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.

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Global Hand Trucks Market: Forecast by Type / Application / Region

The global production of Hand Trucks is about 19822 K Units in 2016, China is the largest produce region in 2016, the production volume is about 8732 K Unit, the market share is about 44.05%; Southeast Asia is the second largest produce region in 2016, the production is about 3153 K Unit, the market share is about 15.90%;

The average price of Hand Trucks is about 96 USD per Unit in 2016, the average gross margin is about 22.67%, the gross margin shows downstream trend;

The hand trucks can be divided into 5 types, Under 150 pound, 150-300 pound, 300-600 pound, 600-1,000 pound, Over 1,000 pound. The 300-600 pound occupies largest market share about 41.24% in 2016; the hand trucks can be divided into four types by application which are Transport stations, Retail, Households, Other. The Retail occupies about 51.86% market share;

In the future, with the development of technology and economic level, and the ownership of Hand Trucks keeps rising, the Hand Trucks will have great increase range; the developing countries will be high growth rate market.

Over the next five years, LPI(LP Information) projects that Hand Trucks will register a 0.8% CAGR in terms of revenue, reach US$ 2000 million by 2023, from US$ 1930 million in 2017.

Global Hand Trucks Market: Key Players
Harper Trucks
Magliner
Mighty Lift
B&P Manufacturing
BIL Group(1972)
Breg Products Ltd
Fairbanks
Little Giant
Hamilton
Wesco
Milwaukee Hand Trucks
New Age Industrial
Vestil
Mack
Kanson Hand Truck
Qingdao Huatian Hand Truck Co., Ltd.
Qingdao Taifa Group（1980）
Qingdao Giant Industry&Trading
Qingdao Xinjiangyuan Power Technology
Qingdao Haodong Handtruck
Qingdao Ritian Metal Products
Qingdao Jiaxing Metal Products
QINGDAO RUIXIANG SPECIAL HAND TRUCK

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Related Information:
United States Hand Trucks Market Research Report 2018
Europe Hand Trucks Market Research Report 2018
North America Hand Trucks Market Research Report 2018
Asia-Pacific Hand Trucks Market Research Report 2018
China Hand Trucks Market Research Report 2018
EMEA Hand Trucks Market Research Report 2018
Global Hand Trucks Market Research Report 2018

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