Hand Trucks and Dollies Market Analysis

Application (Transport Stations, Retail, and Household)

By application, the transport stations segment is estimated to account for more than 37.4% hand trucks and dollies market share by the end of 2037. The segment’s growth is attributed to the increasing application of hand trucks and dollies in logistics where transport stations are crucial. Airports are experiencing increasing footfalls and remain at the forefront of demands to manage luggage. For instance, in July 2020, GMR Hyderabad Air Cargo launched a multi-ULD cool dolly for an unbroken cold chain for time and temperature-sensitive shipments. The segment is positioned to maintain its revenue share in the global hand trucks and dollies market owing to the expansion of transport infrastructure globally fueling investments on transport stations to adopt moving solutions that can withstand heavy-duty usage.

The retail segment of the hand trucks and dollies sector is poised to increase its revenue share by the end of the forecast period. The segment’s growth is attributed to rising demands for hand trucks and dollies in retail stores with high footfalls such as supermarkets, department stores, convenience stores, etc. A key driver of the segment is the frequent need to restock retail fueling for hand trucks with lightweight frames and high load capacities. Additionally, the surge in e-commerce boosts demand for hand trucks in retail fulfillment centers and is crucial in last-mile delivery.

Type (Hand trucks and Dollies, Non-Foldable Hand Trucks, Foldable Hand Trucks)

By type, the hand trucks and dollies segment is poised to register a profitable share in the hand trucks and dollies market. The segment has cemented its position in addressing diverse handling needs across various sectors, increasing its adoption and boosting revenue growth. Dollies often cater to the horizontal movement of large items owing to their flat platforms and hand trucks cater to the vertical lifting of stacked boxes. Advancements in equipment are poised to increase the versatility of hand trucks and dollies benefiting adoption across diverse applications. As urban logistics and retail sectors register steady growth globally, the segment is poised to leverage a steady demand for movement solutions by the end of the forecast period.

Our in-depth analysis of the global market includes the following segments: