Global Shopping Trolley Market Growth 2024-2030

Global Shopping Trolley Market Growth 2024-2030

Product Code:1239981

Published Date: Nov 19,2024

Pages: 143

Region: Global

Category: Consumer Goods

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The global Shopping Trolley market size is projected to grow from US$ 770 million in 2024 to US$ 884 million in 2030; it is expected to grow at a CAGR of 2.3% from 2024 to 2030.

The trolley was invented in 1937 by Oklahoma supermarket owner Sylvan Goldman. Known as the 'shopping cart' in the United States, it evolved from the wire hand-basket, when Goldman noticed that his customers were stopped buying as their full baskets became too heavy to Carry.

Shopping Trolley, also known as shopping cart, is a cart supplied by a shop, especially supermarkets, for use by customers inside the shop for transport of merchandise to the check-out counter during shopping. Customers can then also use the cart to transport their purchased goods to their cars. It is a necessity in our daily life. Due to the straightforward production technology and low cost and price, shopping cart industry gets a fast development in recent years.

According to QYResearch Top Players Research Center, the global key manufacturers of Shopping Trolley include Wanzl, Unarco, Guangdong Winleader, Creaciones Marsanz, Kailiou, etc. In 2023, the global top five players had a share approximately 52.0% in terms of revenue.

During the research period, the growth of the shopping cart market tended to stabilize, driven by the following factors:
(1) Changes in consumer demand and shopping habits
As consumers tend to buy more goods at a time, especially in large retail malls, supermarkets or warehouse stores, the demand for shopping carts has increased. Such consumer habits have driven the continuous optimization of the capacity and design of shopping carts in shopping malls to meet the needs of bulk shopping.

(2) Mall size and layout
The size and layout of the mall directly affect the demand for shopping carts. Large malls or supermarkets often need to provide more shopping carts to meet the needs of high-traffic shoppers. In addition, the internal traffic design (shopping path) of the mall also affects the frequency and number of shopping carts used.

(3) Optimization of shopping experience
Retailers continue to improve the shopping experience and enhance the function and design of shopping carts. For example, a lightweight and easy-to-operate shopping cart design is more attractive to customers and improves customer satisfaction. Shopping carts with humanized designs such as baby seats and cup holders can also improve the shopping experience of family consumers.

(4) Changes in population structure
With the advent of an aging society, more shopping malls are providing shopping carts that meet the needs of the elderly, such as lightweight shopping carts with support functions, to improve the shopping convenience of the elderly. The increase in family shopping demand has also prompted more family shopping carts (with child seats) to be put on the market.

LP Information, Inc. (LPI) ' newest research report, the “Shopping Trolley Industry Forecast” looks at past sales and reviews total world Shopping Trolley sales in 2023, providing a comprehensive analysis by region and market sector of projected Shopping Trolley sales for 2024 through 2030. With Shopping Trolley sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shopping Trolley industry.

This Insight Report provides a comprehensive analysis of the global Shopping Trolley landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shopping Trolley portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Shopping Trolley market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shopping Trolley and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shopping Trolley.

This report presents a comprehensive overview, market shares, and growth opportunities of Shopping Trolley market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Up to 100L
    100-200L
    More than 200L

Segmentation by Application:
    Supermarket & Hypermarkets
    Shopping Mall
    Household
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    Wanzl
    Unarco
    Guangdong Winleader
    Kailiou
    Suzhou Hongyuan
    Creaciones Marsanz
    Yirunda Business Equipment
    Suzhou Youbang
    Sambo Corp
    Changshu Shajiabang
    Americana Companies
    Rolser
    The Peggs Company
    Versacart
    R.W. Rogers
    Foshan Yongchuangyi
    Advancecarts
    Rabtrolley
    Guangzhou Shuang Tao
    Damix

Key Questions Addressed in this Report
What is the 10-year outlook for the global Shopping Trolley market?
What factors are driving Shopping Trolley market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shopping Trolley market opportunities vary by end market size?
How does Shopping Trolley break out by Type, by Application?