Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Material (Steel Hand Trucks, Aluminum Hand Trucks), By Weight Carrying Capacity (Under 150 pound, 150-300 pound, 300-600 pound, 600-1,000 pound, Over 1,000 pound), By Application (Retail and E-commerce, Logistics and Transportation, Commercial, Households, Others), By Price (Low, Medium, High), By Distribution Channel (Online, E-commerce Website, Company Owned Website, Offline) And Competitive Landscape
Product Code: ETC185915 | Publication Date: Feb 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
The Asia Pacific Hand Truck Market is projected to accomplish more growth during the forecast period. This sector in the region is fastest growing and dynamic sector. The rise in online retail and e-commerce in the region has stimulated the demand for hand trucks in the region.
According to 6Wresearch, the Asia Pacific Hand Truck Market size is anticipated to grow at a higher growth rate during 2023-2029. This sector in the region is fastest growing and dynamic sector. The rapid growth in e-commerce and online retail in the region has fueled market growth. Hand trucks are also known as dolly carts or sack truck, are little, wheeled carts which are used to move heavy loads over short distances. Hand trucks are used in many sectors, which include manufacturing, logistics, retail, and construction. The growth of construction and manufacturing sectors in the continent is also contributing to the rising demand for hand trucks, These factors have been stimulating the Asia Pacific Hand Truck Market share.
The sector is competition as the demand for hand trucks is rising, which is creating new opportunities in the market, and this enable more people to enter this market. The players in the sector focus on new strategies so they can win in the market. In Asia Pacific, China is the leading market for hand trucks, due to the nation’s large manufacturing market and the existence of many local manufacturers of these trucks. Other prominent markets in the continent include India, South Korea, Japan, and Southeast Asia nations like Indonesia, Thailand, and Vietnam.
The coronavirus pandemic had a mixed impact on the sector. The pandemic disrupted supply chains as well as it caused a slowdown in some sectors. The pandemic has also created new opportunities for growth as well as development.
One of the key impacts of the pandemic was the disruption in global supply chains, which affected the availability of raw materials as well as components required for hand truck manufacturing. This led to supply chain bottlenecks as well as rise in price of some products.
However, the coronavirus pandemic also created new opportunities for the sector, specifically in sectors such as logistic and e-commerce that experienced huge growth during the pandemic. Since more consumers turned to online shopping, the demand for hand trucks to move goods in warehouses and distribution centers increased. This led to high demand for electric and automated hand trucks, and it offered improved efficiency as well as reduced physical contact between workers.
Additionally, the pandemic led to a greater focus on safety of workers and ergonomics, which created new opportunities for manufacturers. Companies in the market are developing new products which more comfortable and easier to use, with features like adjustable handles as well as anti-fatigue mats.
Asia Pacific Hand Truck Industry segmentations, based on countries, include China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, and Rest Of Asia. In Asia Pacific, China is the leading market for hand trucks, due to the nation’s large manufacturing market and the existence of many local manufacturers of these trucks.
Hand Truck Market in Asia Pacific segmentations, based on material, includes Steel Hand Trucks, and Aluminum Hand Trucks. Both these segments are becoming popular in the market.
Asia Pacific Hand Truck Market segmentations, based on weight carrying capacity, include Under 150 Pound, 150-300 Pound, 300-600 Pound, 600-1,000 Pound, and Over 1,000 Pound. All these segments are becoming increasingly popular.
The sector segmentations, based on application, includes Retail And E-Commerce, Logistics And Transportation, Commercial, Households, and Others. All these segments in the market are growing.
The market segmentation, based on price, include Low, Medium, and High. All segments are growing in the market.
The industry segmentations, based on distribution channel, include Online, E-Commerce Website, Company Owned Website, and Offline. The online and E-Commerce Website segments are anticipated to grow effectively in the market.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Hand truck Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Hand truck Market Revenues & Volume, 2022 & 2029F |
3.3 Asia Pacific Hand truck Market - Industry Life Cycle |
3.4 Asia Pacific Hand truck Market - Porter's Five Forces |
3.5 Asia Pacific Hand truck Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 Asia Pacific Hand truck Market Revenues & Volume Share, By Material, 2022 & 2029F |
3.7 Asia Pacific Hand truck Market Revenues & Volume Share, By Weight Carrying Capacity, 2022 & 2029F |
3.8 Asia Pacific Hand truck Market Revenues & Volume Share, By Application, 2022 & 2029F |
3.9 Asia Pacific Hand truck Market Revenues & Volume Share, By Price, 2022 & 2029F |
3.10 Asia Pacific Hand truck Market Revenues & Volume Share, By Distribution Channel, 2022 & 2029F |
4 Asia Pacific Hand truck Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Hand truck Market Trends |
6 Asia Pacific Hand truck Market, 2019 - 2029 |
6.1 Asia Pacific Hand truck Market, Revenues & Volume, By Material, 2019 - 2029 |
6.2 Asia Pacific Hand truck Market, Revenues & Volume, By Weight Carrying Capacity, 2019 - 2029 |
6.3 Asia Pacific Hand truck Market, Revenues & Volume, By Application, 2019 - 2029 |
6.4 Asia Pacific Hand truck Market, Revenues & Volume, By Price, 2019 - 2029 |
6.5 Asia Pacific Hand truck Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
7 China Hand truck Market, 2019 - 2029 |
7.1 China Hand truck Market, Revenues & Volume, By Material, 2019 - 2029 |
7.2 China Hand truck Market, Revenues & Volume, By Weight Carrying Capacity, 2019 - 2029 |
7.3 China Hand truck Market, Revenues & Volume, By Application, 2019 - 2029 |
7.4 China Hand truck Market, Revenues & Volume, By Price, 2019 - 2029 |
7.5 China Hand truck Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
8 India Hand truck Market, 2019 - 2029 |
8.1 India Hand truck Market, Revenues & Volume, By Material, 2019 - 2029 |
8.2 India Hand truck Market, Revenues & Volume, By Weight Carrying Capacity, 2019 - 2029 |
8.3 India Hand truck Market, Revenues & Volume, By Application, 2019 - 2029 |
8.4 India Hand truck Market, Revenues & Volume, By Price, 2019 - 2029 |
8.5 India Hand truck Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
9 Japan Hand truck Market, 2019 - 2029 |
9.1 Japan Hand truck Market, Revenues & Volume, By Material, 2019 - 2029 |
9.2 Japan Hand truck Market, Revenues & Volume, By Weight Carrying Capacity, 2019 - 2029 |
9.3 Japan Hand truck Market, Revenues & Volume, By Application, 2019 - 2029 |
9.4 Japan Hand truck Market, Revenues & Volume, By Price, 2019 - 2029 |
9.5 Japan Hand truck Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
10 Australia Hand truck Market, 2019 - 2029 |
10.1 Australia Hand truck Market, Revenues & Volume, By Material, 2019 - 2029 |
10.2 Australia Hand truck Market, Revenues & Volume, By Weight Carrying Capacity, 2019 - 2029 |
10.3 Australia Hand truck Market, Revenues & Volume, By Application, 2019 - 2029 |
10.4 Australia Hand truck Market, Revenues & Volume, By Price, 2019 - 2029 |
10.5 Australia Hand truck Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
11 Indonesia Hand truck Market, 2019 - 2029 |
11.1 Indonesia Hand truck Market, Revenues & Volume, By Material, 2019 - 2029 |
11.2 Indonesia Hand truck Market, Revenues & Volume, By Weight Carrying Capacity, 2019 - 2029 |
11.3 Indonesia Hand truck Market, Revenues & Volume, By Application, 2019 - 2029 |
11.4 Indonesia Hand truck Market, Revenues & Volume, By Price, 2019 - 2029 |
11.5 Indonesia Hand truck Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
12 Philippines Hand truck Market, 2019 - 2029 |
12.1 Philippines Hand truck Market, Revenues & Volume, By Material, 2019 - 2029 |
12.2 Philippines Hand truck Market, Revenues & Volume, By Weight Carrying Capacity, 2019 - 2029 |
12.3 Philippines Hand truck Market, Revenues & Volume, By Application, 2019 - 2029 |
12.4 Philippines Hand truck Market, Revenues & Volume, By Price, 2019 - 2029 |
12.5 Philippines Hand truck Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
13 Malaysia Hand truck Market, 2019 - 2029 |
13.1 Malaysia Hand truck Market, Revenues & Volume, By Material, 2019 - 2029 |
13.2 Malaysia Hand truck Market, Revenues & Volume, By Weight Carrying Capacity, 2019 - 2029 |
13.3 Malaysia Hand truck Market, Revenues & Volume, By Application, 2019 - 2029 |
13.4 Malaysia Hand truck Market, Revenues & Volume, By Price, 2019 - 2029 |
13.5 Malaysia Hand truck Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
14 Rest of Asia Hand truck Market, 2019 - 2029 |
14.1 Rest of Asia Hand truck Market, Revenues & Volume, By Material, 2019 - 2029 |
14.2 Rest of Asia Hand truck Market, Revenues & Volume, By Weight Carrying Capacity, 2019 - 2029 |
14.3 Rest of Asia Hand truck Market, Revenues & Volume, By Application, 2019 - 2029 |
14.4 Rest of Asia Hand truck Market, Revenues & Volume, By Price, 2019 - 2029 |
14.5 Rest of Asia Hand truck Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
15 Asia Pacific Hand truck Market Key Performance Indicators |
16 Asia Pacific Hand truck Market - Opportunity Assessment |
16.1 Asia Pacific Hand truck Market Opportunity Assessment, By Countries, 2022 & 2029F |
16.2 Asia Pacific Hand truck Market Opportunity Assessment, By Material, 2022 & 2029F |
16.3 Asia Pacific Hand truck Market Opportunity Assessment, By Weight Carrying Capacity, 2022 & 2029F |
16.4 Asia Pacific Hand truck Market Opportunity Assessment, By Application, 2022 & 2029F |
16.5 Asia Pacific Hand truck Market Opportunity Assessment, By Price, 2022 & 2029F |
16.6 Asia Pacific Hand truck Market Opportunity Assessment, By Distribution Channel, 2022 & 2029F |
17 Asia Pacific Hand truck Market - Competitive Landscape |
17.1 Asia Pacific Hand truck Market Revenue Share, By Companies, 2022 |
17.2 Asia Pacific Hand truck Market Competitive Benchmarking, By Operating and Technical Parameters |
18 Company Profiles |
19 Recommendations |
20 Disclaimer |