Global Hand Trucks Market, By Product Type, and Geography - Industry Insights, Trends, Outlook, and Opportunity Analysis
Global Hand truck market is estimated to grow with a significant growth rate during the forecast period owing to the application of hand truck in various industries like in the food industry and automotive. Hand Trucks are made of steel and aluminium 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. Additionally, an increase in warehouse space for automotive and food industry boosts the demand for hand trucks. The need for a machine or equipment that can move heavy goods with ease to various locations is a prime reason that drives this market. Moreover, other factors such as growing population, increasing demand for the supply chain of different products across the globe and rising globalization are anticipated to further propel demand for hand trucks market globally, over the coming years. Retail & Logistics segment is projected to dominate the Global Hand truck market during the forecast period.
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