Product Code: ETC009465 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand hand carts and trolleys market is expected to grow at a healthy CAGR of 4.7% during the forecast period 2025-2031. The growth in this market is attributed to its benefits such as easy movement, portability, cost-effectiveness, durability and space efficiency when compared with other transportation solutions. Moreover, the increasing demand for various types of products from industries such as food & beverage and construction are driving the growth of this market in Thailand.
The rapid expansion of e-commerce industry coupled with growing consumer preference towards convenience shopping has positively impacted the demand for handcarts & trolleys in Thailand. Furthermore, due to its unique features like compact size, foldable design and lightweight structure that makes these trolleys easy to carry or store even on small spaces; customers are opting for these products over traditional ones which supports their wide usage across various applications including grocery stores, airports etc., thus contributing significantly towards the growth of Thailand handcarts & trolleys market.Additionally, innovations related to introduction of smart handcarts that enhance user experience by providing information about available items on shelves while navigating through stores further adds up fuel to the overall growth of this segment.
High competition among manufacturers leading to price wars have been identified as one major factor that may hamper overall revenue generation opportunities associated with this sector thereby limiting its potential customer base.Apart from it, presence stringent regulations regarding safety standards posed by government agencies limits scope for introducing new technologies which can boost sales figure attributed due low penetration rate among end use customers owing unavailable resources associated with affordable prices also impedes revenue generation opportunities associated with Thailand handcart &trolley???s market.. Lastly, availability counterfeit goods at lower prices further pressurizes profit margin among original manufactures .
Due to lockdown imposed across multiple countries worldwide due covid pandemic outbreak coupled disruption supply chain network faced resultant operational activities led decrease production capacity resulting into decline shipments carried out export/ import activities hampered profitability margins amongst manufacturers operating within Thailand Handcart Trolley Market therefore declined revenues generated throughout year 2025 however post lifting restrictions gradual uptick observed terms sales trend despite ongoing situation .
Some key players operating in Thailand Handcarts Trolley`s Market include LICO Industries Co., Ltd., BMC Design Inc., Vanch Wheelchairs (Thailand) Co.,Ltd, Transtec
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 Thailand Hand Carts & Trolleys Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Hand Carts & Trolleys Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Hand Carts & Trolleys Market - Industry Life Cycle |
3.4 Thailand Hand Carts & Trolleys Market - Porter's Five Forces |
3.5 Thailand Hand Carts & Trolleys Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Thailand Hand Carts & Trolleys Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Hand Carts & Trolleys Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Hand Carts & Trolleys Market Trends |
6 Thailand Hand Carts & Trolleys Market, By Types |
6.1 Thailand Hand Carts & Trolleys Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Thailand Hand Carts & Trolleys Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Thailand Hand Carts & Trolleys Market Revenues & Volume, By Steel Hand Truck, 2021-2031F |
6.1.4 Thailand Hand Carts & Trolleys Market Revenues & Volume, By Aluminium Hand Truck, 2021-2031F |
6.2 Thailand Hand Carts & Trolleys Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Hand Carts & Trolleys Market Revenues & Volume, By Online Sales, 2021-2031F |
6.2.3 Thailand Hand Carts & Trolleys Market Revenues & Volume, By Offline Sales, 2021-2031F |
7 Thailand Hand Carts & Trolleys Market Import-Export Trade Statistics |
7.1 Thailand Hand Carts & Trolleys Market Export to Major Countries |
7.2 Thailand Hand Carts & Trolleys Market Imports from Major Countries |
8 Thailand Hand Carts & Trolleys Market Key Performance Indicators |
9 Thailand Hand Carts & Trolleys Market - Opportunity Assessment |
9.1 Thailand Hand Carts & Trolleys Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Thailand Hand Carts & Trolleys Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Hand Carts & Trolleys Market - Competitive Landscape |
10.1 Thailand Hand Carts & Trolleys Market Revenue Share, By Companies, 2024 |
10.2 Thailand Hand Carts & Trolleys Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |