Wheelbarrows Market was valued nearly US$ 22.82 Bn. in 2022. Wheelbarrows Market size is estimated to grow at a CAGR of 2.42% & is expected to reach at US$ 26.98 Bn. by 2029.Wheelbarrows Market Overview:
A wheelbarrow is a compact hand-propelled vehicle with one wheel that is designed to be pushed & guided by one person using two handles at the back. It's a type of transporter that construction workers & gardeners use to transfer small loads. A wheelbarrow is made up of three major components: a tray, a wheel, and a handle. Pneumatic, semi-pneumatic, and non-pneumatic wheels are available. Wheelbarrows come in a variety of styles. Motorized, gasoline, gas, electric, folding, two-wheel, & heavy duty are some of the options.Wheelbarrows Market Snapshot
To know about the Research Methodology :- Request Free Sample Report Wood, plastic, & metal are the most common materials used in wheelbarrows. They're one-of-a-kind, multi-purpose, & demand-driven items with a compartment for storing the load. Due to rising demand for wheelbarrows from the construction industry, the global wheelbarrows market is expected to grow at a quicker rate over the projected period. The construction industry's increased demand is fueling the growth of the electric wheelbarrow market. In the last few years, this industry has undergone significant transformation. Restoration & maintenance activities, as well as a change to retrofitting practices & sustainable building development, are driving the construction sector in developed countries such as the U.S & the U.K, whose infrastructure is ageing. The construction industry has a lot of potential for the electric wheelbarrow market to flourish. With large government initiatives, many growing countries, like India, Qatar, & Saudi Arabia, are actively investing in the building of smart cities. These large-scale improvements & investments are likely to fuel demand for electric wheelbarrows in construction operations, as well as the market's expansion in the near future.
Overview of the Indian Construction Industry
Lockdowns & restrictions imposed to contain the impact of the COVID 19 outbreak have had a significant impact on the Indian economy. There has been significant confusion & interruptions in practically every segment due to the economy's 23.9 % drop in the April to June quarter compared to the same time in the year 2019. The construction industry, which employs over 51 Mn people (the country's second largest employer) & accounts for almost 9% of GDP, was hit just as hard. However, not all is doom & gloom for industry, as many predict a strong rebound in 2021. The construction sector is expected to expand by 11.6 % in 2021, after a nearly 14.9 % decline. Opportunities appear to be on the horizon. As people learn to live with the virus & vaccination hopes rise and fall, business as usual will most certainly return. Of course, building enterprises will have hurdles in the future.Impact of COVID-19 on the Market
Due to the protracted lockdown in main global countries, the COVID-19 pandemic has forced the industry to halt manufacture of a variety of products. This has hindered market growth significantly in recent months, and it is likely to persist in 2020. COVID-19 has already had a detrimental impact on equipment & machinery sales in the first quarter of 2020, & is expected to continue to do so throughout the year. The primary demand for equipment & machinery was previously seen from huge industrial countries like the U.S & China, which has been severely impacted by the spread of the coronavirus, halting demand for equipment & machinery. Furthermore, the lockdown's possible impact is now new, & organizations’ financial recovery is entirely dependent on their cash reserves. Companies which manufacture equipment & machinery can afford a full lockdown for only a few months, after which the companies will have to change their investment plans. After COVID-19 infection instances start to decline, equipment & machinery producers must focus on protecting their staff, operations, & supply networks in order to respond to urgent emergencies and establish new methods of working. Wheelbarrow demand is on the rise Wheelbarrows navigate tight streets. They are pollution-free, cost-effective, & can transport more goods or materials than a single person can. In the coming years, this is anticipated to boost market development. The need for wheelbarrows in the non-residential market (hospitality, healthcare, & food services) is expected to support the wheelbarrows market's growth in the near future. The global wheelbarrows market is growing due to rising demand, developing end-user industries, advantageous market structure, abundant raw materials, high demand, & product awareness. Furthermore, growth of the market for wheelbarrows from non-residential markets (hospitality, healthcare, and culinary services) is expected to enhance the wheelbarrow market in the near future. The construction industry is expanding at an exponential rate around the world, which is projected to have an indirect impact on wheelbarrow demand during the forecast period. Furthermore, the global need for wheelbarrows is expected to expand as the number of retail outlets, supermarkets, and hospitals increases. The building business is expanding The construction industry is expanding rapidly over the world, which is expected to have an indirect impact on wheelbarrow demand during the projection period. Infrastructure construction is accelerating around the world, which is projected to fuel the wheelbarrow market's growth in the near future. The need for wheelbarrows is predicted to rise as the number of retail outlets, supermarkets, and hospitals grows rapidly around the world. APAC is anticipated to account for a sizable portion of the global wheelbarrow market Wheelbarrows are also most popular in APAC, followed by North America and Europe. China and India are two of the region's key markets. The two countries account for more than half of the market for wheelbarrows in the area in terms of demand. This is primarily due to the fact that these countries are attempting to improve their infrastructure. During the forecast period, the Asia Pacific market is expected to grow at a considerable CAGR. This is owing to an increase in construction operations such as power production projects, highway construction, railway expansion, & cargo export & import. During the projected period, the wheelbarrow market in the Middle East and Africa is expected to grow at a quick rate, followed by Europe and Asia Pacific. This can be linked to the region's countries' worldwide infrastructure growth over the last decade. The objective of the report is to present a comprehensive analysis of the Wheelbarrows Market to the stakeholders in the industry. The past and current status of the industry with the forecasted Market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include Market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Wheelbarrows Market dynamics, structure by analyzing the Market segments and project the Wheelbarrows Market size. Clear representation of competitive analysis of key players by Equipment Type, price, financial position, Equipment Type portfolio, growth strategies, and regional presence in the Wheelbarrows Market make the report investor’s guide.Wheelbarrows Market Scope: Inquire before buying
Global Wheelbarrows Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 22.82 Bn. Forecast Period 2023 to 2029 CAGR: 2.42% Market Size in 2029: US $ 26.98 Bn. Segments Covered: by Type Traditional Wheelbarrows Hand Trucks by Application Construction Applications Industrial Applications Home Applications Agriculture & Livestock Wheelbarrows Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Global Wheelbarrows Market, Key Players are
1. Qingdao Taifa Group 2. Qingdao Huatian Hand Truck 3. Qingdao Xinjiang Group 4. Qingdao Runda Wheel Barrow 5. Griffon 6. Haemmerlin 7. The Walsall Wheelbarrow Company 8. Qingdao Zhenhua Barrow Manufacturing 9. TUNALI 10. Silvan 11. Stanley 12. Linyi Tianli 13. Bullbarrow Products 14. Gorilla Carts 15. Worx 16. Wolverine Products FAQ’S: 1) What is the share of the Global Wheelbarrows Market in 2022? Answer: The Global Wheelbarrows Market was accounted for 22.82 Bn in the year 2022. 2) Which Application segment is dominating the Global Wheelbarrows Market? Answer: Construction Applications segment is the dominating Application segment in the market. 3) What are the key players in the Global Wheelbarrows Market? Answer: Qingdao Taifa Group, Qingdao Huatian Hand Truck, Qingdao Xinjiang Group Qingdao Runda Wheel Barrow, Griffon, Haemmerlin, The Walsall Wheelbarrow Company, Qingdao Zhenhua Barrow Manufacturing, TUNALI, Silvan, Stanley, Linyi Tianli Bullbarrow Products, Gorilla Carts, Worx, Wolverine Products. 4) Which factor acts as the driving factor for the growth of the Wheelbarrows Market? Answer: The major factors for the growth of the Global Wheelbarrows market includes The construction industry is growing exponentially across the globe, which is likely to indirectly influence the demand for wheelbarrows during the forecast period.
1. Wheelbarrows Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Wheelbarrows Market: Dynamics 2.1. Wheelbarrows Market Trends by Region 2.1.1. North America Wheelbarrows Market Trends 2.1.2. Europe Wheelbarrows Market Trends 2.1.3. Asia Pacific Wheelbarrows Market Trends 2.1.4. Middle East and Africa Wheelbarrows Market Trends 2.1.5. South America Wheelbarrows Market Trends 2.2. Wheelbarrows Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Wheelbarrows Market Drivers 2.2.1.2. North America Wheelbarrows Market Restraints 2.2.1.3. North America Wheelbarrows Market Opportunities 2.2.1.4. North America Wheelbarrows Market Challenges 2.2.2. Europe 2.2.2.1. Europe Wheelbarrows Market Drivers 2.2.2.2. Europe Wheelbarrows Market Restraints 2.2.2.3. Europe Wheelbarrows Market Opportunities 2.2.2.4. Europe Wheelbarrows Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Wheelbarrows Market Drivers 2.2.3.2. Asia Pacific Wheelbarrows Market Restraints 2.2.3.3. Asia Pacific Wheelbarrows Market Opportunities 2.2.3.4. Asia Pacific Wheelbarrows Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Wheelbarrows Market Drivers 2.2.4.2. Middle East and Africa Wheelbarrows Market Restraints 2.2.4.3. Middle East and Africa Wheelbarrows Market Opportunities 2.2.4.4. Middle East and Africa Wheelbarrows Market Challenges 2.2.5. South America 2.2.5.1. South America Wheelbarrows Market Drivers 2.2.5.2. South America Wheelbarrows Market Restraints 2.2.5.3. South America Wheelbarrows Market Opportunities 2.2.5.4. South America Wheelbarrows Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Wheelbarrows Industry 2.8. Analysis of Government Schemes and Initiatives For Wheelbarrows Industry 2.9. Wheelbarrows Market Trade Analysis 2.10. The Global Pandemic Impact on Wheelbarrows Market 3. Wheelbarrows Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Wheelbarrows Market Size and Forecast, by Type (2022-2029) 3.1.1. Traditional Wheelbarrows 3.1.2. Hand Trucks 3.2. Wheelbarrows Market Size and Forecast, by Application (2022-2029) 3.2.1. Construction Applications 3.2.2. Industrial Applications 3.2.3. Home Applications 3.2.4. Agriculture & Livestock 3.3. Wheelbarrows Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Wheelbarrows Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Wheelbarrows Market Size and Forecast, by Type (2022-2029) 4.1.1. Traditional Wheelbarrows 4.1.2. Hand Trucks 4.2. North America Wheelbarrows Market Size and Forecast, by Application (2022-2029) 4.2.1. Construction Applications 4.2.2. Industrial Applications 4.2.3. Home Applications 4.2.4. Agriculture & Livestock 4.3. North America Wheelbarrows Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Wheelbarrows Market Size and Forecast, by Type (2022-2029) 4.3.1.1.1. Traditional Wheelbarrows 4.3.1.1.2. Hand Trucks 4.3.1.2. United States Wheelbarrows Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Construction Applications 4.3.1.2.2. Industrial Applications 4.3.1.2.3. Home Applications 4.3.1.2.4. Agriculture & Livestock 4.3.2. Canada 4.3.2.1. Canada Wheelbarrows Market Size and Forecast, by Type (2022-2029) 4.3.2.1.1. Traditional Wheelbarrows 4.3.2.1.2. Hand Trucks 4.3.2.2. Canada Wheelbarrows Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Construction Applications 4.3.2.2.2. Industrial Applications 4.3.2.2.3. Home Applications 4.3.2.2.4. Agriculture & Livestock 4.3.3. Mexico 4.3.3.1. Mexico Wheelbarrows Market Size and Forecast, by Type (2022-2029) 4.3.3.1.1. Traditional Wheelbarrows 4.3.3.1.2. Hand Trucks 4.3.3.2. Mexico Wheelbarrows Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Construction Applications 4.3.3.2.2. Industrial Applications 4.3.3.2.3. Home Applications 4.3.3.2.4. Agriculture & Livestock 5. Europe Wheelbarrows Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Wheelbarrows Market Size and Forecast, by Type (2022-2029) 5.2. Europe Wheelbarrows Market Size and Forecast, by Application (2022-2029) 5.3. Europe Wheelbarrows Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Wheelbarrows Market Size and Forecast, by Type (2022-2029) 5.3.1.2. United Kingdom Wheelbarrows Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France Wheelbarrows Market Size and Forecast, by Type (2022-2029) 5.3.2.2. France Wheelbarrows Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Wheelbarrows Market Size and Forecast, by Type (2022-2029) 5.3.3.2. Germany Wheelbarrows Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Wheelbarrows Market Size and Forecast, by Type (2022-2029) 5.3.4.2. Italy Wheelbarrows Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Wheelbarrows Market Size and Forecast, by Type (2022-2029) 5.3.5.2. Spain Wheelbarrows Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Wheelbarrows Market Size and Forecast, by Type (2022-2029) 5.3.6.2. Sweden Wheelbarrows Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Wheelbarrows Market Size and Forecast, by Type (2022-2029) 5.3.7.2. Austria Wheelbarrows Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Wheelbarrows Market Size and Forecast, by Type (2022-2029) 5.3.8.2. Rest of Europe Wheelbarrows Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Wheelbarrows Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Wheelbarrows Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific Wheelbarrows Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Wheelbarrows Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Wheelbarrows Market Size and Forecast, by Type (2022-2029) 6.3.1.2. China Wheelbarrows Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Wheelbarrows Market Size and Forecast, by Type (2022-2029) 6.3.2.2. S Korea Wheelbarrows Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Wheelbarrows Market Size and Forecast, by Type (2022-2029) 6.3.3.2. Japan Wheelbarrows Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India Wheelbarrows Market Size and Forecast, by Type (2022-2029) 6.3.4.2. India Wheelbarrows Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Wheelbarrows Market Size and Forecast, by Type (2022-2029) 6.3.5.2. Australia Wheelbarrows Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Wheelbarrows Market Size and Forecast, by Type (2022-2029) 6.3.6.2. Indonesia Wheelbarrows Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Wheelbarrows Market Size and Forecast, by Type (2022-2029) 6.3.7.2. Malaysia Wheelbarrows Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Wheelbarrows Market Size and Forecast, by Type (2022-2029) 6.3.8.2. Vietnam Wheelbarrows Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Wheelbarrows Market Size and Forecast, by Type (2022-2029) 6.3.9.2. Taiwan Wheelbarrows Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Wheelbarrows Market Size and Forecast, by Type (2022-2029) 6.3.10.2. Rest of Asia Pacific Wheelbarrows Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Wheelbarrows Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Wheelbarrows Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa Wheelbarrows Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Wheelbarrows Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Wheelbarrows Market Size and Forecast, by Type (2022-2029) 7.3.1.2. South Africa Wheelbarrows Market Size and Forecast, by Application (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Wheelbarrows Market Size and Forecast, by Type (2022-2029) 7.3.2.2. GCC Wheelbarrows Market Size and Forecast, by Application (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Wheelbarrows Market Size and Forecast, by Type (2022-2029) 7.3.3.2. Nigeria Wheelbarrows Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Wheelbarrows Market Size and Forecast, by Type (2022-2029) 7.3.4.2. Rest of ME&A Wheelbarrows Market Size and Forecast, by Application (2022-2029) 8. South America Wheelbarrows Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Wheelbarrows Market Size and Forecast, by Type (2022-2029) 8.2. South America Wheelbarrows Market Size and Forecast, by Application (2022-2029) 8.3. South America Wheelbarrows Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Wheelbarrows Market Size and Forecast, by Type (2022-2029) 8.3.1.2. Brazil Wheelbarrows Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Wheelbarrows Market Size and Forecast, by Type (2022-2029) 8.3.2.2. Argentina Wheelbarrows Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Wheelbarrows Market Size and Forecast, by Type (2022-2029) 8.3.3.2. Rest Of South America Wheelbarrows Market Size and Forecast, by Application (2022-2029) 9. Global Wheelbarrows Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Wheelbarrows Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Qingdao Taifa Group 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Qingdao Huatian Hand Truck 10.3. Qingdao Xinjiang Group 10.4. Qingdao Runda Wheel Barrow 10.5. Griffon 10.6. Haemmerlin 10.7. The Walsall Wheelbarrow Company 10.8. Qingdao Zhenhua Barrow Manufacturing 10.9. TUNALI 10.10. Silvan 10.11. Stanley 10.12. Linyi Tianli 10.13. Bullbarrow Products 10.14. Gorilla Carts 10.15. Worx 10.16. Wolverine Products 11. Key Findings 12. Industry Recommendations 13. Wheelbarrows Market: Research Methodology 14. Terms and Glossary