| Product Code: ETC4836067 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Latvia saw an increase in hand truck import shipments, with top exporting countries being China, Sweden, Poland, Metropolitan France, and Estonia. The high concentration of the Herfindahl-Hirschman Index (HHI) in 2024 indicates a more competitive market landscape compared to 2023. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remains positive at 2.83%. This data suggests a dynamic market for hand trucks in Latvia, with diverse sources of imports contributing to overall growth.
| 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 Latvia Hand truck Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Hand truck Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Hand truck Market - Industry Life Cycle | 
| 3.4 Latvia Hand truck Market - Porter's Five Forces | 
| 3.5 Latvia Hand truck Market Revenues & Volume Share, By Material, 2021 & 2031F | 
| 3.6 Latvia Hand truck Market Revenues & Volume Share, By Weight Carrying Capacity, 2021 & 2031F | 
| 3.7 Latvia Hand truck Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 3.8 Latvia Hand truck Market Revenues & Volume Share, By Price, 2021 & 2031F | 
| 3.9 Latvia Hand truck Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F | 
| 4 Latvia Hand truck Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for efficient material handling solutions | 
| 4.2.2 Growth in e-commerce and logistics industries | 
| 4.2.3 Adoption of advanced technologies in manufacturing and logistics sectors | 
| 4.3 Market Restraints | 
| 4.3.1 Economic challenges impacting industrial activities | 
| 4.3.2 High initial cost of hand trucks | 
| 4.3.3 Availability of alternative material handling equipment | 
| 5 Latvia Hand truck Market Trends | 
| 6 Latvia Hand truck Market Segmentations | 
| 6.1 Latvia Hand truck Market, By Material | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Hand truck Market Revenues & Volume, By Steel Hand Trucks, 2021-2031F | 
| 6.1.3 Latvia Hand truck Market Revenues & Volume, By Aluminum Hand Trucks, 2021-2031F | 
| 6.2 Latvia Hand truck Market, By Weight Carrying Capacity | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Hand truck Market Revenues & Volume, By Under 150 pound, 2021-2031F | 
| 6.2.3 Latvia Hand truck Market Revenues & Volume, By 150-300 pound, 2021-2031F | 
| 6.2.4 Latvia Hand truck Market Revenues & Volume, By 300-600 pound, 2021-2031F | 
| 6.2.5 Latvia Hand truck Market Revenues & Volume, By 600-1,000 pound, 2021-2031F | 
| 6.2.6 Latvia Hand truck Market Revenues & Volume, By Over 1,000 pound, 2021-2031F | 
| 6.3 Latvia Hand truck Market, By Application | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Hand truck Market Revenues & Volume, By Retail and E-commerce, 2021-2031F | 
| 6.3.3 Latvia Hand truck Market Revenues & Volume, By Logistics and Transportation, 2021-2031F | 
| 6.3.4 Latvia Hand truck Market Revenues & Volume, By Commercial, 2021-2031F | 
| 6.3.5 Latvia Hand truck Market Revenues & Volume, By Households, 2021-2031F | 
| 6.3.6 Latvia Hand truck Market Revenues & Volume, By Others, 2021-2031F | 
| 6.4 Latvia Hand truck Market, By Price | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Latvia Hand truck Market Revenues & Volume, By Low, 2021-2031F | 
| 6.4.3 Latvia Hand truck Market Revenues & Volume, By Medium, 2021-2031F | 
| 6.4.4 Latvia Hand truck Market Revenues & Volume, By High, 2021-2031F | 
| 6.5 Latvia Hand truck Market, By Distribution Channel | 
| 6.5.1 Overview and Analysis | 
| 6.5.2 Latvia Hand truck Market Revenues & Volume, By Online, 2021-2031F | 
| 6.5.3 Latvia Hand truck Market Revenues & Volume, By E-commerce Website, 2021-2031F | 
| 6.5.4 Latvia Hand truck Market Revenues & Volume, By Company Owned Website, 2021-2031F | 
| 6.5.5 Latvia Hand truck Market Revenues & Volume, By Offline, 2021-2031F | 
| 7 Latvia Hand truck Market Import-Export Trade Statistics | 
| 7.1 Latvia Hand truck Market Export to Major Countries | 
| 7.2 Latvia Hand truck Market Imports from Major Countries | 
| 8 Latvia Hand truck Market Key Performance Indicators | 
| 8.1 Average utilization rate of hand trucks in warehouses | 
| 8.2 Rate of adoption of automated hand trucks in the market | 
| 8.3 Number of manufacturing facilities using hand trucks for material handling | 
| 9 Latvia Hand truck Market - Opportunity Assessment | 
| 9.1 Latvia Hand truck Market Opportunity Assessment, By Material, 2021 & 2031F | 
| 9.2 Latvia Hand truck Market Opportunity Assessment, By Weight Carrying Capacity, 2021 & 2031F | 
| 9.3 Latvia Hand truck Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 9.4 Latvia Hand truck Market Opportunity Assessment, By Price, 2021 & 2031F | 
| 9.5 Latvia Hand truck Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F | 
| 10 Latvia Hand truck Market - Competitive Landscape | 
| 10.1 Latvia Hand truck Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Hand truck Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |