North America Hand Truck Market revenues is projected to grow at a CAGR of 4.9% during 2022-2028

Steel hand truck has registered strong growth in the North America Hand Truck Market- 6Wresearch.

The steel hand truck segment has been growing over the years owing to it being more economical coupled with its higher tensile strength and durability. Furthermore, steel hand trucks are less prone to bend and scratches while carrying the heavy load thereby increasing its longevity.

According to 6Wresearch, the North America Hand Truck Market revenues is projected to grow at a CAGR of 4.9% during 2022-2028. North America Hand Truck Market is growing with the advancement in technology for the ‘supply & demand ecosystem’ such as introduction of battery hand truck or electric hand truck which requires less shortage as compared to manual hand truck. However, hand truck has wide range of applications in retail including warehouses, distribution centres, hypermarket and supermarkets for easy handling and transport of goods thereby augmenting the growth of the North America Hand Trucks Market positively during the forecast period.

According to Ravi Bhandari, Research Head, 6Wresearch, “300-600 Pound hand truck is the focus segment owing to its wider applicability in stores, malls, hypermarkets and warehouse.” Retail and E-Commerce is witnessing highest growth in the upcoming years owing to the increasing users of e-commerce along with rising consumer spending in the retail sector. During the forecast period, the expansion of the hand truck market is anticipated to be fuelled by growth of retail sector and increasing investment in opening of new retail stores.

“North America Hand Truck Market (2022-2028)” report provides an in-depth analysis with 36 figures and 14 tables, covered in 81 pages. The North America hand truck market report thoroughly covers market by countries, material, weight carrying capacity, application, price, and distribution channel. North America hand truck market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.