The Hand Trucks market was valued at 1930 Million US$ in 2017 and is projected to reach 2020 Million US$ by 2025, at a CAGR of 0.7% during the forecast period

City of Industry, CA -- (SBWire) -- 09/20/2018 --This study focuses on the production side and consumption side of Hand Trucks, presents the global Hand Trucks market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Hand Trucks capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Hand Trucks by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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.

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.

The Hand Trucks market was valued at 1930 Million US$ in 2017 and is projected to reach 2020 Million US$ by 2025, at a CAGR of 0.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Hand Trucks.

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This report includes the following manufacturers; we can also add the other companies as you want.

Harper Trucks

Magliner

Mighty Lift

B&P Manufacturing

BIL Group(1972)

Breg Products Ltd

Fairbanks

Market Segment by Product Type

Under 150 pound

150-300 pound

300-600 pound

600-1,000 pound

Over 1,000 pound

Market Segment by Application

Transport stations

Retail

Households

Others

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