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

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.