USD 1094.79 million
Shopping Trolley Market Size, Share, Growth Analysis, By Product type(Roller basket, Child cart, Tote box, Basket cart), By Applications(Supermarkets, Hypermarkets, Retail stores), By Materials(Stainless steel, Plastic hybrid, Aluminium, Others), By Wheels(Three-wheel, Four wheel), By Region - Industry Forecast 2024-2031
Report ID:
SQSG20R2003 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
120
|Figures:
76
Shopping Trolley Market Insights
Global Shopping Trolley Market size was valued at USD 1094.79 million in 2019 and is poised to grow from USD 1396.62 million in 2023 to USD 9745.28 million by 2031, growing at a CAGR of 27.48% in the forecast period (2024-2031).
Shopping carts are used to carry goods purchased at supermarkets, hypermarkets, and department stores. Customers can utilise these carts to place their things and avoid harming the products. Shopping carts/trolleys are typically employed for short-distance movement within the confines of a building. They are utilised to generate "time and place utility" through material handling, storage, and control. The shopping trolley business is gaining traction due to its simple manufacturing technology and inexpensive maintenance costs. Furthermore, the rapid construction of supermarkets and hypermarkets has increased the use of shopping carts. Customers choose to buy household products from these retailers since their discretionary income has increased. As a result, the global shopping trolley market is expanding. Manufacturers are currently focusing on digital technological improvements such as laser cutting technology, artificial intelligence, and so on to observe real-time monitoring and collect client purchasing behaviour data.
US Shopping Trolley Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Four Wheel
Fastest Growth
Four Wheel
Growth Rate
27.48% CAGR
Global Shopping Trolley Market 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Shopping Trolley Market Segmental Analysis
Global shopping trolley market is segmented based on product type, applications, wheel, material, region. Based on product type, the Shopping Trolley Market is segmented into roller basket, child cart, tote box, basket cart, cargo cart, others. Based on material, the shopping trolley market is segmented into stainless steel, plastic hybrid, aluminium. Based on wheel, the Shopping Trolley Market is segmented into three-wheel, four wheels. Based on application, the Shopping Trolley Market is segmented into retail stores, supermarkets, Hypermarkets.
Shopping Trolley Market By Application
Supermarkets are the largest consumers of shopping trolleys for a number of reasons. Firstly, supermarkets typically have a large number of customers each day and need to have enough trolleys available to accommodate all of them. Secondly, supermarkets tend to sell a wide variety of items, which means that shoppers often need to use trolleys in order to transport their purchases. Finally, supermarkets usually have large parking lots, which means that shoppers often need to use trolleys in order to transport their purchases from their car to the store.
Shopping trolleys are becoming increasingly popular in supermarkets, as customers find them convenient and easy to use. Many people find shopping trolleys especially helpful when they have a lot of groceries to carry. Some supermarkets have started to provide shopping trolleys for customers who need assistance. These shopping trolleys are usually located near the cash registers, so customers can easily grab one if they need help carrying their groceries. Shopping trolleys are a great way for supermarkets to promote their businesses. They are also a great way for customers to stay organized while they are grocery shopping.
Shopping Trolley Market By Product Type
Basket carts are increasingly becoming the preferred choice for shoppers, as they offer a number of advantages over traditional shopping carts. First and foremost, basket carts are much easier to maneuver than traditional shopping carts. This is extremely important for shoppers who have to navigate crowded store aisles or negotiate tight corners. Additionally, basket carts are less likely to tip over when overloaded, making them safer for both shoppers and store employees. Finally, basket carts can be easily stacked when not in use, taking up far less space than traditional shopping carts.
These benefits have helped make basket carts the dominant force in the market, with more and more stores phasing out traditional shopping carts in favor of basket carts. This trend is likely to continue as awareness of the benefits of basket cart increases and more shoppers begin to prefer them over traditional shopping carts.
Global Shopping Trolley Market by Wheels, 2021 (%)
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Shopping Trolley Market Regional Insights
Based on region, global shopping trolley market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. North America dominates the global shopping trolley market since customers’ attitude toward individualised purchasing experiences have shifted, resulting in a larger customer base. Furthermore, big supermarket and hypermarket conglomerates such as Kroger, Walmart, and others have implemented retail analytical solutions, which is complementing the expansion of the shopping trolley market. Furthermore, the existence of key manufacturers like Unarco Industries LLC, NATIONAL CART, and others helps the region maintain its dominance in the future. Europe is expected to expand significantly. It is because of significant producers such as Wanzl GmbH & Co. KGaA, Cefla s.c., Van Keulen Interieurbouw, and others. Manufacturers around Europe produce shopping trolleys in compliance with the 'EN 1929 Standard,' which ensures the highest quality of these trolleys. This, in turn, is contributing to market expansion in Germany, France, Italy, and the United Kingdom. Asia Pacific is predicted to have the greatest CAGR over the forecast period, owing to an increasing number of hypermarkets and vast shopping cart assortments. Manufacturers in this region are focusing on direct sales of shopping trolleys to supermarket owners, removing the supply chain obstacle. India, Japan, Australia, and other countries are emerging target markets for shopping trolley industry players.
Global Shopping Trolley Market By Geography, 2021 - 2028
- Largest
- Fastest
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Shopping Trolley Market Dynamics
Shopping Trolley Market Drivers
- The increasing use of trolleys in supermarkets and the food service industry is one of the primary reasons driving the global shopping trolley market growth. For instance, Aldi, which currently operates approximately 1,600 stores in the United States, intends to extend its store count to 2,500 by the end of 2020. The expanding supermarket business in the United States is predicted to boost demand for various types of supermarket trolleys, such as height-adjustable trolleys, weightless trolleys, and customizable load capacity trolleys. Furthermore, as the working population has grown, so has the demand for quick-service eateries. Many foodservice retailers, including McDonald's, Burger King, Starbucks, and Pizza Hut, are embracing a franchise-based business model to accelerate QSR business expansion, which is likely to raise demand for trolleys during the projection period.
Shopping Trolley Market Restraint
- Due to international travel bans, there were flight cancellations and a decrease in domestic and outbound tourists in H1 2020 globally. According to the United Nations World Tourism Organization (UNWTO), 21 percent of all international tourist destinations worldwide had their borders completely closed to tourists in January 2022. More than 50 countries still have border controls in place. This was done to prevent the spread of the COVID-19 Omicron version. Tourists from African countries such as South Africa, Lesotho, Eswatini, Zimbabwe, and Namibia have been barred from accessing a number of countries throughout the world. As a result, the pandemic's negative effects on the market may pose a hurdle to market growth in the following years.
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Shopping Trolley Market Competitive Landscape
The shopping trolley market is characterised by the presence of well-established players as well as several small and medium-sized players. These manufacturers are pursuing a variety of strategies, including new product launches, product portfolio expansion, and mergers and acquisitions. Several large firms are forming multiple strategic alliances in order to increase their market share and get a competitive edge.
Top Players in the Global Shopping Trolley Market
- NATIONAL CART
- Cefla Shopfitting
- Araven
- Century Weichuangli
- Gatekeeper Systems
- Americana Companies
- Technibilt
- Unarco Material Handling
- R.W. Rogers
- Versacart Systems
- Dandux
- Numafa Holding
- Caddy Concept
- Advance Carts
- Rehrig Pacific Company
- Polymer Logistics
- Carttec
- Rolser
- Lotus Trolleys
Shopping Trolley Market Recent Developments
- March 2020 NATIONAL CART expanded its footprint in the eastern part of the U.S. This expansion will help company to serve customers in eastern region.
- July 2018 Wanzl GmbH & Co. KGaA introduced 20-litre model of shopping trolley, specially designed for hypermarkets or supermarkets. This shopping trolley can be configured using 3D configurator.
Shopping Trolley Key Market Trends
- One of the significant trolley market trends that is projected to positively impact the market during the forecast period is innovation as a result of increased end-user demand for handy trolleys. The automated trolley system utilised by shoppers is one of the major advancements. Customers who use mobile phone operating systems such as Android can save the physical labour of pushing trolleys from one point to another. Furthermore, numerous trolley manufacturers are engaged in research to build sophisticated trolleys. Wanzl is conducting research on RFID integrated trolleys that will assist supermarket authorities in locating the trolley position as well as tracking shopper traffic and shoppers' walking routes throughout the supermarket.
Shopping Trolley Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global shopping trolley market analysis, The North American market is expected to have the highest share. The shopping trolley market in Europe and Asia Pacific would rise throughout the forecast period, owing to rising adoption rates and rising consumer disposable income. Latin America had the highest share, followed by North America. Owing to growing number of online customers, there is a huge need for smart shopping carts in retail outlets such as supermarkets and malls.
| Report Metric | Details |
|---|---|
| Market size value in 2019 | USD 1094.79 million |
| Market size value in 2031 | USD 9745.28 million |
| Growth Rate | 27.48% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Shopping Trolley Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Shopping Trolley Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Shopping Trolley Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Shopping Trolley Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Shopping Trolley Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Shopping Trolley Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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