Report Code: A07773 | Pages: NA | Mar 2023 | 1821 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Wheelbarrow Market
Request Now !A wheelbarrow is a small hand-propelled vehicle, usually with just one wheel, designed to be pushed and guided by a single person using two handles at the rear. It is a transporter device used to carry small loads by construction workers and gardeners.Â
A wheelbarrow mainly consists of three parts—a tray, wheel, and handle. The wheel can be pneumatic, semi-pneumatic, or non-pneumatic. Various types of wheelbarrows are available. These include motorized, gasoline, gas, electric, folding, two wheel, and heavy duty.
Wheelbarrows are mostly made up of wood, plastic, and metal. They are customized, multi-purpose, and need-based products that have a compartment to store the load. The global wheelbarrows market is predicted to expand at a faster rate during the forecast period, owing to increased demand for wheelbarrows from the construction industry.
Growth of the electric wheelbarrow market can be attributed to the increase in demand from the construction industry. This industry has experienced a major change in the past few years. Restoration and maintenance operations along with the shift to retrofitting practices and sustainable building development drives the growth of the construction market in the developed countries such as the U.S. and the UK where infrastructure is experiencing a problem of aging. The construction industry offers huge opportunity for the growth of the electric wheelbarrow market. Many emerging countries including India, Qatar, and Saudi Arabia are heavily investing in the development of smart cities with huge government initiatives. These large-scale developments and investments are expected to drive the demand for electric wheelbarrows in construction activities and are expected to foster the growth of the market in the near future.
Covid-19 Impact On MarketÂ
Wheelbarrows move through narrow roads. They are pollution free, cost effective, and carry more goods or material than a person can carry at a time. This is expected to increase the market growth in the coming years. Rise in demand for wheelbarrows from the non-residential market (hospitality industry, healthcare industry, and food services) is estimated to boost the growth of the wheelbarrows market in the near future. Increasing demand for the wheelbarrows, developing end-user industries, favorable market structure, raw material affluence, high demand, and product awareness fuel the development of the global wheelbarrows market. Moreover, the rise in demand for wheelbarrows from the non-residential market (hospitality industry, healthcare industry, and food services) is projected to boost the wheelbarrows market in the near future. The construction industry is growing exponentially across the globe, which is likely to indirectly influence the demand for wheelbarrows during the forecast period. Furthermore, the increase in the number of retail stores, supermarkets, and hospitals is anticipated to drive the demand for wheelbarrows globally
The construction industry is growing at a high pace across the globe, which is anticipated to indirectly influence the demand for wheelbarrows during the forecast period. Infrastructure development is taking place at a rapid pace across the globe, and is further expected to drive the wheelbarrows market growth in the near future. Rapid increase in the number of retail stores, supermarkets, and hospitals is expected to drive the demand for wheelbarrows across the globe.
Key benefits of the report:
Wheelbarrow Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
Aspects | Details |
---|---|
By Product Type |
|
By Application |
|
By Region |
|
Key Market Players | Qingdao Taifa Group, Qingdao Huatian Hand Truck, Qingdao Xinjiang Group, Qingdao Runda Wheel Barrow, Griffon, Haemmerlin, Qingdao Zhenhua Barrow Manufacturing, Silvan, Stanley, Linyi Tianli, Sponsor Advertis |
Loading Table Of Content...
Start reading.
This Report and over 19,605+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers