Market Overview:
The global golf trolley market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as an increase in the number of golf courses, rising demand for electric golf trolleys, and growing awareness about the benefits of using a golf trolley. The global golf trolley market can be segmented on the basis of type into manual, electric, and others (including hybrid). The electric segment is expected to grow at a higher CAGR than other segments during the forecast period. This growth can be attributed to increasing demand for electric golf trolleys from commercial users owing to their ease of use and portability. On the basis of application, the global Golf Trolley Market can be divided into commercial and non-commercial segments. The commercial segment is expected to account for a larger share ofthe market than non-commercial segment duringthe forecast period owingto an increase in adoption by hotels & resortsand other commercial establishmentsfor transporting equipmentand players aroundgolf courses.
Product Definition:
A golf trolley, also known as a golf cart, is a small vehicle that is pushed or pulled by a golfer to help carry their clubs around the course. Golf carts have been around since the early 1900s and are now an essential piece of equipment for many golfers.
Manual:
Golf trolley is a wheeled luggage carrier used for transporting golf bags. It can be either manual or powered by a small engine. The product has witnessed rapid growth in the last few years and this trend is expected to continue over the forecast period owing to growing interest of consumers towards golf as an sport, coupled with increasing disposable income of individuals across the world.
The global market was valued at USD 1,37,500 thousand in 2015.
Electric:
Electric trolley is a self-propelled vehicle used to carry equipment and materials. It is available in two forms; portable and non-portable. The demand for electric trolley in the golf industry has increased over the past few years owing to several benefits such as ease of use, less labor requirement, low maintenance cost, etc.
Advantages of using an electric trolley over manual lifting include reduced joint stress on muscles.
Application Insights:
The non-commercial application segment dominated the global golf trolley market in 2017, accounting for over 60.0% share of the total revenue. Non-commercial golf courses are those that do not charge greens fees or membership fees to access the course. These types of courses usually have shorter waiting lists and higher conversion rates as compared to their commercial counterparts. The availability of cheaper green fees has also encouraged a large number of individuals from low-income groups to take up golf as a recreational activity, thereby boosting demand for trolleys in non-commercial applications across various regions globally.
Commercial application is expected to be one of the fastest growing segments at an estimated CAGR 5.9% from 2018 to 2030 owing primarily to increasing investments by government and private bodies in developing new public courses (NPCs) across various countries worldwide including India, China, Australia.
Regional Analysis:
North America dominated the global golf trolley market in 2017. The U.S., in particular, is a lucrative market for the industry as it has one of the largest markets for recreational vehicles and campers across the globe. Furthermore, with rising popularity of mini-tours and corporate events, demand for golf trolleys has increased significantly over past few years in this region.
Growth Factors:
- Increasing demand for golf trolleys from the amateurs and professional players, owing to the benefits offered by them such as easy carriage of golf clubs and other equipment.
- Growing popularity of golf as a recreational activity, which is resulting in an increase in the number of people taking up this sport, thereby fueling demand for golf trolleys.
- Technological advancements being made in the design and functionality of golf trolleys, which is attracting more consumers to buy these products.
- Rising disposable incomes of people across regions, enabling them to invest in premium quality golf trolleys that offer better features and performance than low-priced models.
Scope Of The Report
Report Attributes
Report Details
Report Title
Golf Trolley Market Research Report
By Type
Manual, Electric,
By Application
Commercial, Non-commercial,
By Companies
Bat-Caddy, Motocaddy, Golf Tech Golfartikelvertriebs GmbH, Adept Golf, The Proactive Sports Group, Sun Mountain Sports, Cart Tek Golf Carts, SPITZER Products Corp., Axglo International Inc., Bag Boy Company
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Golf Trolley Market Report Segments:
The global Golf Trolley market is segmented on the basis of:
Types
Manual, Electric,
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
Commercial, Non-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:
- Bat-Caddy
- Motocaddy
- Golf Tech Golfartikelvertriebs GmbH
- Adept Golf
- The Proactive Sports Group
- Sun Mountain Sports
- Cart Tek Golf Carts
- SPITZER Products Corp.
- Axglo International Inc.
- Bag Boy Company
Highlights of The Golf Trolley 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:
- Manual
- Electric
- By Application:
- Commercial
- Non-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 Golf Trolley 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?
A golf trolley is a cart that is used to transport golfers around a course. It typically has four wheels and an adjustable handle, making it easy to move around the course.
Some of the major companies in the golf trolley market are Bat-Caddy, Motocaddy, Golf Tech Golfartikelvertriebs GmbH, Adept Golf, The Proactive Sports Group, Sun Mountain Sports, Cart Tek Golf Carts, SPITZER Products Corp., Axglo International Inc., Bag Boy Company.
The golf trolley market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Golf Trolley Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Golf Trolley Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Golf Trolley Market - Supply Chain
4.5. Global Golf Trolley Market Forecast
4.5.1. Golf Trolley Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Golf Trolley Market Size (000 Units) and Y-o-Y Growth
4.5.3. Golf Trolley Market Absolute $ Opportunity
5. Global Golf Trolley Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Golf Trolley Market Size and Volume Forecast by Type
5.3.1. Manual
5.3.2. Electric
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Golf Trolley Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Golf Trolley Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Non-commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Golf Trolley Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Golf Trolley Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Golf Trolley Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Golf Trolley Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Golf Trolley Demand Share Forecast, 2019-2026
9. North America Golf Trolley Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Golf Trolley Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Golf Trolley Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Non-commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Golf Trolley Market Size and Volume Forecast by Type
9.7.1. Manual
9.7.2. Electric
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Golf Trolley Demand Share Forecast, 2019-2026
10. Latin America Golf Trolley Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Golf Trolley Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Golf Trolley Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Non-commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Golf Trolley Market Size and Volume Forecast by Type
10.7.1. Manual
10.7.2. Electric
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Golf Trolley Demand Share Forecast, 2019-2026
11. Europe Golf Trolley Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Golf Trolley Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Golf Trolley Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Non-commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Golf Trolley Market Size and Volume Forecast by Type
11.7.1. Manual
11.7.2. Electric
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Golf Trolley Demand Share, 2019-2026
12. Asia Pacific Golf Trolley Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Golf Trolley Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Golf Trolley Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Non-commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Golf Trolley Market Size and Volume Forecast by Type
12.7.1. Manual
12.7.2. Electric
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Golf Trolley Demand Share, 2019-2026
13. Middle East & Africa Golf Trolley Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Golf Trolley Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Golf Trolley Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Non-commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Golf Trolley Market Size and Volume Forecast by Type
13.7.1. Manual
13.7.2. Electric
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Golf Trolley Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Golf Trolley Market: Market Share Analysis
14.2. Golf Trolley Distributors and Customers
14.3. Golf Trolley Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bat-Caddy
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Motocaddy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Golf Tech Golfartikelvertriebs GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Adept Golf
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. The Proactive Sports Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sun Mountain Sports
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cart Tek Golf Carts
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SPITZER Products Corp.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Axglo International Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bag Boy Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
