Platform Carts Market - Global Industry Analysis
Platform Carts Market: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2020 – 2028
The Global Platform Carts Market was accounted for USD 774.8 Million in 2020 and is expected to reach USD 1137 Million by 2028, growing at a CAGR of around 4.8% between 2021 and 2028.
Description
Market Overview
The Global Platform Carts Market was accounted for USD 774.8 Million in 2020 and is expected to reach USD 1137 Million by 2028, growing at a CAGR of around 4.8% between 2021 and 2028.
A platform cart, also known as platform trucks or platform hand trucks is a load supporting cart comprise of the platform that's made out of steel or wood alongside castors or wheels which may be moved manually. Platform cart is usually made from the platform of steel or wood and wheels for movement. Platform carts are utilized in supermarkets, hotels, and on platforms of the railway, bus stands, and airports. Platform carts are mostly utilized in transporting the bags and materials.
Designs and materials utilized for the production of carts vary depending on the end-user application. Platform carts also are used at railway stations, shipping & receiving areas, supermarkets, construction, and manufacturing plants among others. Platform trucks provide strong transportation for material handling in stockrooms, warehouses, and other commercial environments. Different railway workers use a trolley to move goods on a platform at a railroad station.
Besides, the convenience of using platform carts compared to a standard transporting method and their cost-effectiveness are expected to fuel the platform carts market. Platform carts also are utilized to scale back potential injury to employees. This is often further projected to reinforce the demand for platform carts during the forecast period. Improvements in technology have led to the introduction of motorized platform carts that are used for traveling easily over a good sort of surface. This has increased the appliance of carts in hospitals and hotels, no matter flooring, which is further anticipated to enhance the platform carts market in the coming years.
COVID-19 Impact Analysis
The COVID-19 outbreak has hit airports and other commercial platforms hard which could stall development in emerging markets. As a result, aviation, railways, and roadways have fallen sharply, which has prompted to chop capacity. Many are closed by governments to contain the spread of the virus. The result's a pointy fall in revenues of platform carts market. Given the importance to all to the economic development of cities, countries, and regions, the broader impact of COVID-19 on the worldwide economy is enormous.
Growth Factors
Increasing population, rapidly growing urbanization, a better number of international airports, hotels, and hospitality are driving the expansion of the platform carts market. Growing demand in rail transportation, increasing use of carts on platforms, and bus stations for handling the bags have to cause an increased demand for platform carts globally. The rising market of hotels, cafes, and supermarkets end in the expansion in demand for the platform carts. Commercial and straightforward as compared to the normal transporting method is that the divisor stimulating the expansion of platform carts market. Ongoing research for development in platform carts with finer specializations is estimated to open a replacement avenue for the platform carts market in near future. Escalating demand from the emerging economies is probably going to trigger the expansion of the platform market.
Report Scope:
| Report Attribute | Details |
|---|---|
| Base Year | 2020 |
| Historic Years | 2016 - 2020 |
| Forecast Years | 2021 - 2028 |
| Segments Covered | By Product Type, By Application, and By End Use |
| Forecast Units | Value (USD Billion), and Volume (Units) |
| Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
| Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
| Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
| Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
| Customization Scope | Avail customized purchase options to meet your exact research needs. |
Segment Analysis Preview
Based on Platform Carts, the platform carts market can be categorized into platform storage, platform carts and transport carts, among others. In terms of deck, the platform carts market can be classified into aluminum platform truck, wood platform trucks, steel platform trucks, U-boat platform trucks, and plastic platform trucks. Based on application, the platform carts market can be segmented into industrial, hotels, international airports, supermarkets, food industry, and warehouses.
Regional Segment Analysis Preview
North America is dominating the global Platform Carts market owing to its developed economy and worldwide business spread. Rising demand for platform carts across airports, railway stations, and established supermarkets, especially within the US, is predicted to drive the growth of the target market in countries within the region within the coming years.
This trend is followed by the Asia Pacific and is anticipated to witness high growth owing to rising trade activities and industrialization in this region. The Asia Pacific market is projected to register a significant rate of growth over the forecast period within the target market, due to rising demand for platform carts by industries like retail trading, tourism, and food processing among others. Markets in countries and sub-regions like China, India, and Southeast Asia are expected to be major revenue contributors within the Asia Pacific Market.
Key Market Players & Competitive Landscape
The key companies operating in the Platform Carts market include AGAB Pressautomation, CADDIE, Emmegi Group, i-lift Equipment, Off., Giovanelli S.a.s, Quantum Storage Systems, Rubbermaid Commerical Products LLC, and SALL S.r.l among others.
The global Platform Carts Market is segmented as follows:
By Platform Carts
- Platform carts
- Platform storage
- Transport carts
- Others
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content
- Chapter No. 1: Introduction
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. USP & Key Offerings
- 1.2. Key Benefits for Stakehulders
- 1.3. Target Audience
- 1.4. Report Scope
- 1.1. Report Description
- Chapter No. 2: Executive Summary
- 2.1. Key Findings
- 2.1.1. Top Investment Pockets
- 2.1.1.1. Market Attractiveness Analysis, By Type
- 2.1.1.2. Market Attractiveness Analysis, By Region
- 2.1.1. Top Investment Pockets
- 2.2. Market Snapshot
- 2.3. Global Platform Carts Market , 2016 – 2028 (USD Billion)
- 2.4. Insights from Primary Respondents
- 2.1. Key Findings
- Chapter No. 3: COVID 19 Impact Analysis
- 3.1. Impact Assessment of COVID-19 Pandemic, By Region
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. The Middle-East and Africa
- 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
- 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
- 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
- 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
- 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
- 3.6. Short Term Dynamics
- 3.7. Long Term Dynamics
- 3.1. Impact Assessment of COVID-19 Pandemic, By Region
- Chapter No. 4: Platform Carts Market – Technology Segment Analysis
- 4.1. Overview
- 4.1.1. Market Revenue Share, By Type, 2020 & 2028
- 4.2. Platform Carts
- 4.2.1. Market Size and Forecast, By Region (USD Billion)
- 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
- 4.2.3. Key Market Trends, Growth Factors, & Opportunities
- 4.3. Platform Storage
- 4.3.1. Market Size and Forecast, By Region (USD Billion)
- 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
- 4.3.3. Key Market Trends, Growth Factors, & Opportunities
- 4.4. Transport Carts
- 4.4.1. Market Size and Forecast, By Region (USD Billion)
- 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
- 4.4.3. Key Market Trends, Growth Factors, & Opportunities
- 4.5. Others
- 4.5.1. Market Size and Forecast, By Region (USD Billion)
- 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
- 4.5.3. Key Market Trends, Growth Factors, & Opportunities
- 4.1. Overview
- Chapter No. 5: Platform Carts Market – Region Segment Analysis
- 5.1. Overview
- 5.1.1. Global Market Revenue Share, By Region, 2020 & 2028
- 5.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
- 5.2. North America
- 5.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
- 5.2.2. North America Market Revenue, By Type, 2016 – 2028
- 5.2.5. U.S.
- 5.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
- 5.2.6. Canada
- 5.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
- 5.2.7. Mexico
- 5.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
- 5.3. Europe
- 5.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
- 5.3.2. Europe Market Revenue, By Type, 2016 – 2028
- 5.3.5. Germany
- 5.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
- 5.3.6. France
- 5.3.6.1. France Market Revenue, By Type, 2016 – 2028
- 5.3.7. U.K.
- 5.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
- 5.3.8. Italy
- 5.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
- 5.3.9. Spain
- 5.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
- 5.3.10. Rest of Europe
- 5.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
- 5.4. Asia Pacific
- 5.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
- 5.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
- 5.4.5. China
- 5.4.5.1. China Market Revenue, By Type, 2016 – 2028
- 5.4.6. Japan
- 5.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
- 5.4.7. India
- 5.4.7.1. India Market Revenue, By Type, 2016 – 2028
- 5.4.8. South Korea
- 5.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
- 5.4.9. South-East Asia
- 5.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
- 5.4.10. Rest of Asia Pacific
- 5.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
- 5.5. Latin America
- 5.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
- 5.5.2. Latin America Market Revenue, By Type, 2016 – 2028
- 5.5.5. Brazil
- 5.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
- 5.5.6. Argentina
- 5.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
- 5.5.7. Rest of Latin America
- 5.5.7.2. Rest of Latin America Market Revenue, By Type, 2016 – 20285
- 5.6. The Middle-East and Africa
- 5.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
- 5.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
- 5.6.5. GCC Countries
- 5.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
- 5.6.6. South Africa
- 5.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
- 5.6.7. Rest of Middle-East Africa
- 5.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
- 5.1. Overview
- Chapter No. 6: Platform Carts Market – Industry Analysis
- 6.1. Introduction
- 6.2. Market Drivers
- 6.2.1. Driving Factor 1 Analysis
- 6.2.2. Driving Factor 2 Analysis
- 6.3. Market Restraints
- 6.3.1. Restraining Factor Analysis
- 6.4. Market Opportunities
- 6.4.1. Market Opportunity Analysis
- 6.5. Porter’s Five Forces Analysis
- 6.6. PEST Analysis
- 6.7. Regulatory Landscape
- 6.8. Technology Landscape
- 6.9. Regional Market Trends
- 6.9.1. North America
- 6.9.2. Europe
- 6.9.3. Asia Pacific
- 6.9.4. Latin America
- 6.9.5. The Middle-East and Africa
- 6.10. Pricing Analysis
- 6.11. Value Chain Analysis
- 6.12. Downstream Buyers
- 6.13. Distributors/Traders List
- Chapter No. 7: Competitive Landscape
- 7.1. Company Market Share Analysis – 2019
- 7.1.1. Global Platform Carts Market : Company Market Share, 2019
- 7.1.2. Global Platform Carts Market , Company Market Revenue, 2016 – 2019 (USD Billion)
- 7.1.3. Global Platform Carts Market , Company Y-o-Y Growth, 2017 – 2028 (%)
- 7.1.4. Global Platform Carts Market : Radar Determinant Chart, 2019
- 7.2. Strategic Developments
- 7.2.1. Acquisitions & Mergers
- 7.2.2. New Product Launch
- 7.2.3. Regional Expansion
- 7.3. Company Strategic Developments – Heat Map Analysis
- 7.1. Company Market Share Analysis – 2019
- Chapter No. 8: Company Profiles
- 8.1. AGAB Pressautomation
- 8.1.1. Company Overview
- 8.1.2. Key Executives
- 8.1.3. Product Portfolio
- 8.1.4. Financial Overview
- 8.1.5. Operating Business Segments
- 8.1.6. Business Performance
- 8.1.7. Recent Developments
- 8.2. Engineering CADDIE
- 8.3 Emmegi Group
- 8.4 i-lift Equipment, Off.
- 8.5 Giovanelli S.a.s
- 8.6 Quantum Storage Systems
- 8.7 Rubbermaid Commerical Products LLC
- 8.8 SALL S.r.l
- 8.9 Company 9
- 8.10 Company 10
- 8.1. AGAB Pressautomation
- Chapter No. 9: Marketing Strategy Analysis
- 9.1. Marketing Channel
- 9.2. Direct Marketing
- 9.3. Indirect Marketing
- 9.4. Marketing Channel Development Trends
- 9.5. Economic/Pulitical Environmental Change
- Chapter No. 10: Research Methodology
- 10.1. Research Methodology
- 10.2. Phase I - Secondary Research
- 10.3. Phase II - Data Modeling
- 10.3.1. Company Share Analysis Model
- 10.3.2. Revenue Based Modeling
- 10.4. Phase III - Primary Research
- 10.5. Research Limitations
- 10.5.1. Assumptions
Table Of Figures
List of Figures
FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Region
FIG NO. 3. Global Platform Carts Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 4. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 5. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 6. Global Platform Carts Market for Platform Carts, Revenue (USD Billion) 2016 – 2028
FIG NO. 7. Comparative Revenue Analysis of Platform Carts Market for Platform Carts, By Country, 2020 & 2028
FIG NO. 8. Global Platform Carts Market for Platform Storage, Revenue (USD Billion) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Platform Carts Market for Platform Storage, By Country, 2020 & 2028
FIG NO. 10. Global Platform Carts Market for Transport Carts, Revenue (USD Billion) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Platform Carts Market for Transport Carts, By Country, 2020 & 2028
FIG NO. 12. Global Platform Carts Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of Platform Carts Market for Others, By Country, 2020 & 2028
FIG NO. 14. Global Platform Carts Market Revenue Share, By Region, 2020 & 2028
FIG NO. 15. North America Platform Carts Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 16. Porter’s Five Forces Analysis for Global Platform Carts Market
FIG NO. 17. PEST Analysis for Global Platform Carts Market
FIG NO. 18. Pricing Analysis for Global Platform Carts Market
FIG NO. 19. Value Chain Analysis for Global Platform Carts Market
FIG NO. 20. Company Share Analysis, 2019
FIG NO. 21. Radar Determinant Chart, 2019
FIG NO. 22. Company Strategic Developments – Heat Map Analysis
FIG NO. 23. L-3 Security Detection Systems Business Segment Revenue Share, 2020 (%)
FIG NO. 24. L-3 Security Detection Systems Geographical Segment Revenue Share, 2020 (%)
FIG NO. 25. Market Channels
FIG NO. 26. Marketing Channel Development Trend
FIG NO. 27. Growth in World Gross Product, 2008-2018
FIG NO. 28. Research Methodology – Detailed View
FIG NO. 29. Research Methodology
Table Of Tables
List of Tables
TABLE NO. 1. Global Platform Carts Market : Snapshot
TABLE NO. 2. Quarterly Platform Carts Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Platform Carts Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global Platform Carts Market for Platform Carts, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Platform Carts Market for Platform Storage, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Platform Carts Market for Transport Carts, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Platform Carts Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Platform Carts Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. North America Platform Carts Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 12. North America Platform Carts Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 13. U.S. Platform Carts Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 14. Canada Platform Carts Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 15. Mexico Platform Carts Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 16. Drivers for the Platform Carts Market : Impact Analysis
TABLE NO. 17. Restraints for the Platform Carts Market : Impact Analysis
TABLE NO. 18. Major Buyers of Platform Carts
TABLE NO. 19. Distributors/Traders List of Platfrom Carts
TABLE NO. 20. Global Platform Carts Market , Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 21. Global Platform Carts Market , Company Y-o-Y Growth, 2017 – 2028 (USD Billion)
Methodology
This report is based on in-depth qualitative and quantitative analyses of the global Platform Carts market. Zion Research has collected and analyzed key data belong to the global Platform Carts market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Platform Carts across the world has been calculated through primary and secondary research.
Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assistedin validation of findings from secondary research and to understand key trends in the Platform Carts industry. Primary research makes up the major source of data collection and validation.
Primary Research
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
- Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
- Helps in validating and strengthening the secondary research findings
- Further develops the analysis team’s expertise and market understanding
- Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies
Participants who typically participate in such a process include, but are not limited to:
- Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
- Purchasing managers, technical personnel, distributors and resellers
- Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary Research
Secondary research sources that are typically referred to include, but are not limited to:
- Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
- IDC and other relevant magazines
- Internal and external proprietary databases, and relevant patent and regulatory databases
- National government documents, statistical databases and market reports
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Platform Carts market.
Models
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
- Demographic data: Population split by segments
- Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
- Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
- Data is then cross-checked by an expert panel.
Free Analysis
Cart is the vehicle generally used to transport materials and can be used as both as transportation and storage units. The carts consist of two rigid and swivel casters for flexibility. Carts are manufactured using black powder coat finish with strong gauge structure steel tubing. Designs and materials used for cart production vary depending on the end user application. Platform carts are used to give support for nonpalletized loads and also utilized in skid handling. Platform carts comprise higher lifting capacity as compared to the fork trucks.
Surging demand in rail transportation, use of carts on platforms and bus stations for transporting the luggage are driving the growth of platform carts market. Escalating market of hotels, cafes, and supermarkets, results in the growth of the platform trolley demand. Rapid urbanization, increasing population, escalating number of international airport, hotels and hospitality have lead to increased demand for platform carts globally. Cost effectiveness and convenience compared to the conventional transporting method is the key factor that triggers the growth of platform carts market. Technological advancement in platform carts with superior specializations is likely to open new opportunities for the platform carts market. Increasing demand from the emerging economies is expected to stimulate the growth of platform market.
Platform cart, platform storage & transport carts, working platform and others are the general types of carts. Various platform trucks are available in the market with a wide range of characteristics and operations such as wood platform trucks, aluminum platform trucks, steel platform trucks, plastic platform trucks, U-boat platform trucks.
With 32% of total market share, North America dominated the platform cart market in 2014. This was mainly contributed by a large number of airports, railway stations and established supermarket chains in U.S. Asia Pacific is anticipated to show high growth potential for platform cart market owing to growing travel and retail sector in this region.
The presence of multiple players in the market causes price competitiveness, forcing companies to offer bundled services to differentiate their offerings. The key players in the platform market include AGAB Pressautomation, CADDIE, Emmegi Group, i-lift Equipment, Off., Giovanelli S.a.s, Quantum Storage Systems, Rubbermaid Commerical Products LLC, and SALL S.r.l among others.
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FrequentlyAsked Questions
The global Platform Carts Market was valued at USD 774.8 million in 2020.
The global Platform Carts Market is expected to reach USD 1137.2 million by 2028, growing at a CAGR of 4.8% between 2021 to 2028.
Some of the key factors driving the global Platform Carts Market growth are Rapid urbanization, a rise in the number of international airports, and an increase in the number of hotels is propelling demand for platform carts.
North America region held a substantial share of the Platform Carts Market in 2020.
The key companies operating in Platform Carts market include Rubbermaid Commerical Products LLC, CADDIE, i-lift Equipment, Off., Giovanelli S.a.s, AGAB Pressautomation, Quantum Storage Systems, Emmegi Group, and SALL S.r.l..
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