Market Overview:
The global service trolleys market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for service trolleys from commercial and household applications. Additionally, the growing trend of using eco-friendly materials such as wood and glass is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On the basis of type, metal service trolleys are expected to dominate the global service trolleys market during 2018-2030 owing to their durability and strength. On account of their lightweight properties, glass service trolleys are anticipated to witness high demand from commercial applications over other types during 2018-2030.
Product Definition:
A service trolley is a piece of furniture consisting of one or more shelves, drawers, or compartments, used as a portable container for carrying objects. It is especially designed for use in hospitals, restaurants, and other places where it is necessary to move objects from one place to another.
Metal:
Metal is a material that has widespread applications in Service Trolleys market. It can be used as a raw material or processed and fabricated materials. The metal types include steel, aluminum, titanium, magnesium alloy and copper alloys among others such as brass & bronze.
Glass:
Glass is a transparent material, which can be used in the manufacturing of service trolleys. It offers several advantages over other materials such as low maintenance and cost-effectiveness. Service trolleys made from glass are more durable than those manufactured from plastic or metal; this is due to the fact that plastic degrades easily while glass remains strong and sturdy for a longer period of time.
Application Insights:
The household segment dominated the global service trolleys market in 2017 and is expected to maintain its dominance over the forecast period. The rising number of aging population in developed countries such as U.K., Germany, and U.S., coupled with increasing disposable income levels, has led to an increase in demand for wheelchairs across households across these countries. In addition, growing awareness regarding accessibility among consumers is driving the adoption of serviceable wheelchairs at a rapid pace across households globally.
Commercial application was the second largest segment accounted for a share of 33%in 2017 owing to an increase in healthcare spending along with other factors such as favorable government policies related to disabled people¢â‚¬â„¢s access rights and rising investments by companies operating within this sector are expected to boost commercial usage over the forecast period globally.
Regional Analysis:
North America dominated the global service trolleys market in 2017 owing to factors such as increasing geriatric population, rising healthcare expenditure, and growing demand for medical assistance among the old-age population. In addition, high adoption of these trolleys in long-term care facilities is expected to drive regional growth over the forecast period. Europe accounted for a significant share of revenue due to an increase in spending on homecare services by consumers and health organizations. Moreover, an increase in investments by governments for building new residential homes is anticipated to boost product demand over the forecast period.
Growth Factors:
- Increasing demand for service trolleys in the hospitality and healthcare sectors
- Rising popularity of ergonomic design service trolleys
- Growing demand for customized service trolleys
- Proliferation of e-commerce platforms that offer a wide range of service trolleys at competitive prices
- Increasing number of organized retail stores that are stocking a wide variety of branded and unbranded service trolleys
Scope Of The Report
Report Attributes
Report Details
Report Title
Service Trolleys Market Research Report
By Type
Metal, Glass, Wooden, Other
By Application
Household, Commercial
By Companies
WANZL, Wilkhahn Wilkening+Hahne GmbH+Co. KG, Kettal, RODA, BD Barcelona Design, Punt, Yomei GmbH, ARTESMOBLE, DESIGN HOUSE STOCKHOLM, David design, Magis Spa, Fermob, Dieffebi SpA, Desalto Spa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Service Trolleys Market Report Segments:
The global Service Trolleys market is segmented on the basis of:
Types
Metal, Glass, Wooden, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- WANZL
- Wilkhahn Wilkening+Hahne GmbH+Co. KG
- Kettal
- RODA
- BD Barcelona Design
- Punt
- Yomei GmbH
- ARTESMOBLE
- DESIGN HOUSE STOCKHOLM
- David design
- Magis Spa
- Fermob
- Dieffebi SpA
- Desalto Spa
Highlights of The Service Trolleys Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal
- Glass
- Wooden
- Other
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Service Trolleys Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Service trolleys are a type of electric vehicle that is used to transport passengers between stations or stops on a transit system. They are typically smaller and lighter than traditional buses, and can travel faster due to their electric motor.
Some of the major players in the service trolleys market are WANZL, Wilkhahn Wilkening+Hahne GmbH+Co. KG, Kettal, RODA, BD Barcelona Design, Punt, Yomei GmbH, ARTESMOBLE, DESIGN HOUSE STOCKHOLM, David design, Magis Spa, Fermob, Dieffebi SpA, Desalto Spa.
The service trolleys market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Service Trolleys Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Service Trolleys Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Service Trolleys Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Service Trolleys Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Service Trolleys Market Size & Forecast, 2018-2028
4.5.1 Service Trolleys Market Size and Y-o-Y Growth
4.5.2 Service Trolleys Market Absolute $ Opportunity
Chapter 5 Global Service Trolleys Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Service Trolleys Market Size Forecast by Type
5.2.1 Metal
5.2.2 Glass
5.2.3 Wooden
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Service Trolleys Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Service Trolleys Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Service Trolleys Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Service Trolleys Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Service Trolleys Analysis and Forecast
9.1 Introduction
9.2 North America Service Trolleys Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Service Trolleys Market Size Forecast by Type
9.6.1 Metal
9.6.2 Glass
9.6.3 Wooden
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Service Trolleys Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Service Trolleys Analysis and Forecast
10.1 Introduction
10.2 Europe Service Trolleys Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Service Trolleys Market Size Forecast by Type
10.6.1 Metal
10.6.2 Glass
10.6.3 Wooden
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Service Trolleys Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Service Trolleys Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Service Trolleys Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Service Trolleys Market Size Forecast by Type
11.6.1 Metal
11.6.2 Glass
11.6.3 Wooden
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Service Trolleys Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Service Trolleys Analysis and Forecast
12.1 Introduction
12.2 Latin America Service Trolleys Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Service Trolleys Market Size Forecast by Type
12.6.1 Metal
12.6.2 Glass
12.6.3 Wooden
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Service Trolleys Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Service Trolleys Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Service Trolleys Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Service Trolleys Market Size Forecast by Type
13.6.1 Metal
13.6.2 Glass
13.6.3 Wooden
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Service Trolleys Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Service Trolleys Market: Competitive Dashboard
14.2 Global Service Trolleys Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WANZL
14.3.2 Wilkhahn Wilkening+Hahne GmbH+Co. KG
14.3.3 Kettal
14.3.4 RODA
14.3.5 BD Barcelona Design
14.3.6 Punt
14.3.7 Yomei GmbH
14.3.8 ARTESMOBLE
14.3.9 DESIGN HOUSE STOCKHOLM
14.3.10 David design
14.3.11 Magis Spa
14.3.12 Fermob
14.3.13 Dieffebi SpA
14.3.14 Desalto Spa
