Platform Trolley Market is expected grow at a 4.8% CAGR from 2022 to 2028. Platform trolleys are used for the transportation of heavy or uneven items from one location to another in various sectors. Most trolleys have sheets on their surface, which are strong and durable enough to sustain any load, no matter how heavy it is and some carts have features of rubber coating on their surface to support the material grip as this is especially useful for transporting a slick material. Having these features increases the demand for platform trolleys from a large number of e-commerce packaging warehouses. Furthermore, the ease of use of platform trolleys over traditional methods and their low cost are expected to drive the platform trolley market. The Platform trolley is also used to protect a worker from potential danger, which also enhances the demand for platform carts over the forecast period. Technological advancements have resulted in the development of motorized platform carts, which are operated to travel smoothly over different ground. This has led to an increase in the use of coaches in hospitals and hotels, irrespective of flooring, thus expanding the demand for platform trolleys. During COVID-19, many industries were hit badly, which has led to a decline in economic activities. However, the reopening of the production and sales market would lead to enhancing demand for platform trolleys over the forecasted period.
Recent Market Developments:
In Sept 2020, Missouri-based National Cart observed sales growth amid the COVID-19 pandemic and opened its third location at 32 Earth Conservancy Drive.