Press release
Rising Industry Demand Identified as a Major Catalyst Accelerating Hand Truck And Dolly Market Growth in 2025
What Market Value Will the Hand Truck And Dolly Industry Achieve by 2025?The valuation for the hand truck and dolly sector has seen robust expansion lately; projecting forward, this market is anticipated to expand from $1.09 billion in 2024 to reach $1.15 billion by 2025, reflecting a consistent annual uplift of 6.2% over the forecast period. This upward trajectory during the past period is largely attributable to several key factors: heightened consumer requirements stemming from the expansion of e-commerce operations coupled with the corresponding boost in last-mile logistics, escalating adoption within storage and industrial automation settings, the progressive incorporation of materials that offer superior strength without added weight into the manufacturing of lifting equipment, plus a heightened corporate focus concerning employee well-being and the implementation of designs optimized for comfortable physical interaction.
What Will the Hand Truck And Dolly Market Valuation Amount To by 2029?
Regarding the hand truck and dolly sector, robust expansion is projected over the forthcoming years, anticipating a market valuation of $1.45 billion by 2029, underpinned by a steady compound annual growth rate (CAGR) of 5.8%. This upward trajectory in the forecast span is largely driven by the increasing utilization of e-commerce platforms for procuring material handling apparatus, concurrent with surging infrastructure and logistics refinement across developing economies, alongside a heightened requirement for easily transportable and highly effective means of moving goods. Key developments shaping this period will heavily feature the incorporation of automation into storage and handling processes, the pioneering of electrically driven dollies suitable for substantial loads, ongoing technological breakthroughs, the engineering of durable yet lighter construction materials, the application of germ-resistant finishes particularly beneficial for cold chain operations, and advancements in design focused on improving user comfort and safety in occupational settings.
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Which Market Dynamics Are Driving the Hand Truck And Dolly Market Forward?
Anticipation suggests that the expansion within e-commerce will fuel the progression of the hand truck and dolly sector in the foreseeable future; this expansion signifies a growing volume and monetary worth of merchandise transacted digitally via online platforms, applications, and marketplaces, a trend largely attributed to consumers increasingly favoring virtual purchasing due to the superior ease, breadth of selection, and time-saving advantages it presents over brick-and-mortar establishments; furthermore, these handling aids are crucial to e-commerce logistics, facilitating the swift relocation of packaged items throughout storage facilities, loading areas, and final delivery transport, as evidenced by data from the Census Bureau in February 2024 showing that fourth-quarter 2023 online sales in the US hit $324.8 billion, representing a 19.5% escalation from the preceding quarter and a 7.2% year-over-year jump, constituting 17.1% of all retail transactions, thus affirming that expanding e-commerce activity is a key catalyst for the hand truck and dolly market's upward trajectory.The burgeoning construction sector is anticipated to be a major impetus for the advancement of the hand truck and dolly market moving ahead, considering this industry encompasses the planning, design, and execution involved in erecting and assembling structures and essential public works; this sector's upswing is fundamentally linked to swift urban development, which consequently elevates the need for new residential buildings, infrastructure projects, and commercial centers to serve expanding metropolitan populations, while hand trucks and dollies prove invaluable on construction sites by allowing personnel to move substantial materials and apparatus both effectively and securely, thereby lessening the reliance on strenuous manual effort and mitigating potential staff injuries; to illustrate, US government data from the Census Bureau in September 2025 indicated that public spending on construction achieved an estimated annualized rate, adjusted for seasonality, of $515.8 billion during July, which was a marginal 0.3% (with a margin of error of plus or minus 1.6%) rise from June's recalibrated figure of $514.3 billion, strongly suggesting that the vibrant construction industry is actively propelling the hand truck and dolly market forward.
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Which Emerging Segments Are Shaping the Future of the Hand Truck And Dolly Market?
The hand truck and dolly market covered in this report is segmented -
1) By Type: Foldable Hand Trucks, Non-Foldable Hand Trucks, Hand Trucks And Dollies
2) By Material: Steel, Plastics, Aluminum, Other Materials
3) By Load Capacity: Light-Duty (Up To 200 lbs), Medium-Duty (200 To 600 lbs), Heavy-Duty (Over 600 lbs)
4) By Distribution Channel: Online Retail, Offline Retail, Direct Sales, Wholesale Distributors
5) By End Use: Retail And E-Commerce, Manufacturing And Industrial, Construction, Food And Beverage, Residential Or Home Use, Other End Users
Subsegments:
1) By Foldable Hand Trucks: Aluminum Foldable Hand Trucks, Steel Foldable Hand Trucks, Plastic Foldable Hand Trucks, Convertible Foldable Hand Trucks, Lightweight Foldable Hand Trucks
2) By Non-Foldable Hand Trucks: Upright Non-Foldable Hand Trucks, Platform Non-Foldable Hand Trucks, Convertible Non-Foldable Hand Trucks, Stair Climbing Non-Foldable Hand Trucks, Heavy-Duty Non-Foldable Hand Trucks
3) By Hand Trucks And Dollies: Two Wheel Hand Trucks, Four Wheel Dollies, Appliance Hand Trucks, Furniture Dollies, Convertible Hand Trucks And Dollies
Who Are the Key Industry Leaders Dominating the Hand Truck And Dolly Market in 2025?
Major companies operating in the hand truck and dolly market are Hamilton Co.; Breg Products Ltd.; Vestil Manufacturing Corp.; New Age Industrial Corp.; Harper Trucks Inc.; Magline Inc.; RWM Casters; Little Giant Products Inc.; Dutro Co.; Wesco Industrial Products LLC; B&P Manufacturing; BIL Group Ltd.; Woodever Industrial Co. Ltd.; Milwaukee Hand Trucks; The Hand Truck Company; Mighty Lift Inc.; NU-LIFT Equipment Co. Ltd.; Shunhe; Qingdao Huatian Hand Truck Co. Ltd.; Fairbanks.
What Are the Key Geographic Areas Fueling Growth in the Hand Truck And Dolly Market?
North America was the largest region in the hand truck and dolly market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hand truck and dolly market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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