Golf Trolley Market: Global Industry Analysis and Forecast (2024-2030)

The Global Golf Trolley Market is valued at USD $ 139.39 Mn in the year 2023 and is expected to grow at a CAGR of 5.6% to become a USD $ 204.11 Mn market in the year 2030.

The golf trolley market refers to the market for electric and manual golf trolleys that are used to transport golf bags and equipment on golf courses. Golf trolleys are designed to make it easier for golfers to carry their clubs and walk the course without the physical strain of carrying the weight of their bag. The golf trolley market includes various types of golf trolleys, such as push carts, electric golf trolleys, and remote-controlled golf trolleys.

The demand for golf trolleys is driven by the increasing popularity of golf as a recreational sport and the growing awareness of the benefits of using golf trolleys. Golf trolleys help golfers save energy and reduce fatigue, which can improve their game performance and overall experience on the course.

Electric golf trolleys are battery-powered and have various features such as automatic braking, speed control, and adjustable handles. Remote-controlled golf trolleys can be operated via a remote control, allowing golfers to control the trolley from a distance.

The market can also be segmented based on the application, which includes non-commercial and commercial. Golf courses are the largest end-users of golf trolleys, with demand being driven by the growing number of golf courses and golfers worldwide. Personal use of golf trolleys is also on the rise, as more golfers are looking for convenient and efficient ways to carry their equipment. Commercial use of golf trolleys includes rental services, where golf trolleys are rented out to golfers for use during their rounds of golf.

The golf trolley market is highly competitive, with numerous players offering a wide range of products. Some of the major players in the market include Motocaddy, Stewart Golf, PowaKaddy, Sun Mountain, Cart-Tek, Bag Boy, Bat-Caddy, Clicgear, and Big Max.

In terms of geography, the golf trolley market is dominated by North America and Europe, followed by Asia-Pacific and the Rest of the World. North America and Europe have a high number of golf courses and a large base of golfers, which drives demand for golf trolleys. Asia-Pacific is expected to witness significant growth in the golf trolley market, owing to the growing popularity of golf in countries such as China, Japan, and South Korea.To know about the Research Methodology :- Request Free Sample Report
Golf Trolley Market Dynamics:
The golf trolley market is expected to grow at an unprecedented rate in the coming years. This growth is driven by a number of factors which are studied in detail in this report. Some of the factors of growth are mentioned here

The increasing popularity of golf as an active sport across countries has predominantly boosted the growth of the golf trolley market. Along with the rise in popularity, the emergence of public golf courts and mini-golf courts has resulted in growth. Expanding wealth of the middle-class population has left them with more disposable income to spend on such recreational activities. The impact of all such factors is varied according to regions which are captured through this report.

As push-pull golf carts require strength and effort of the golfer to carry and manoeuvre them, Hence the golfer’s game is affected in the process. This is restraining the adoption and use of golf trolleys ultimately leading to a dip in the growth rate of the golf trolley market. The golf trolley industry consistently invests in R&D to come up with better and more efficient products. All such innovations are mentioned and segmented on the basis of the level of impact on the market growth. one such innovation that countered the shortcoming of push-pull golf trolleys is the electric golf trolley mentioned here in detail. The growth of electric golf trolleys is much higher than manual golf trolleys but is more expensive due to the usage of batteries.

Golf activities around the globe are at an all-time high and are expected to grow even in future at a sustainable rate. This places the golf trolley market in a growth phase creating a lot of opportunities for competitors to gain market share through innovative and efficient products. some of such trends are mentioned here within.

Major golf trolley makers have enabled tracking of golf trolleys using GPS kits. Waterproof golf trolleys are being manufactured for added efficiency. In view of convenience for the users, golf trolley makers are using lightweight materials like plastic. To meet the customers’ unique demands trolleys are being constructed in varied shapes, sizes and colours.
Golf Trolley Market Segment Analysis:
By product type, The manual golf trolley market consists of two types i.e. push and pull types. Amongst the manual golf trolley market Push type has the largest share accounting for 35%. Pull type is less commonly used and is not very popular amongst users. The current evaluation and future growth prospects of the manual golf trolley segment are provided in the report customized to specific regions.
Electric

Equipped with features that are convenient to users, electric golf trolleys form the major share of the golf trolley market. electric golf trolley constitutes 65% of the market share across the globe. Key players are providing more and more features coupled with electric trolleys to satisfy customer needs.

To gather in-depth information for the golf trolley market based on No. of wheels, distribution channels and applications gain access to the report.

By Application, the Commercial golf trolleys are designed for golf courses, driving ranges, and other commercial establishments where they are used extensively throughout the day. These trolleys are usually more durable and come with advanced features like GPS tracking, remote control, and smartphone integration. Commercial golf trolleys are generally larger in size and can accommodate multiple golf bags at a time.

Non-Commercial

Non-commercial golf trolleys are designed for individual golfers who want to carry their golf bag and other accessories easily. These trolleys are usually smaller in size and more affordable compared to commercial trolleys. They come in a variety of styles, including push trolleys, electric trolleys, and manual trolleys. Non-commercial trolleys are more popular among amateur golfers who do not play the sport regularly and do not require advanced features.
Golf Trolley Market by Region
The North American market for golf trolleys is dominated by the United States, which is home to a large number of golf courses and golfers. The market is expected to grow steadily due to the rising popularity of golf and the increasing demand for electric trolleys.

Europe is a mature market for golf trolleys, with a large number of manufacturers and a strong golf culture. The market is expected to remain stable due to the popularity of golf in countries such as the UK, Germany, and Sweden, and the increasing adoption of electric trolleys.

The Asia Pacific market for golf trolleys is expected to grow rapidly due to the increasing popularity of golf in countries such as China, Japan, South Korea, and Australia. The market is expected to be driven by the growing middle class, rising disposable incomes, and increasing awareness of the health benefits of golf.

The Latin American market for golf trolleys is relatively small, but it is expected to grow steadily due to the increasing popularity of golf in countries such as Mexico, Brazil, and Argentina. The market is expected to be driven by the growth of golf tourism and the increasing number of golf courses being built in the region.

The Middle East and Africa market for golf trolleys is still in its early stages, but it is expected to grow steadily due to the increasing popularity of golf in countries such as the UAE, Saudi Arabia, and South Africa. The market is expected to be driven by the growth of golf tourism and the development of new golf courses in the region.
Golf Trolley Market Competitive analysis
The golf trolley market is highly competitive with players trying to acquire higher market shares. There are a few dominant players in the golf trolley market, including Motocaddy, Powakaddy, and Stewart Golf. These companies have a strong brand reputation, a wide range of products, and a significant share of the market. This report give a comprehensive outlook to the financials of such key competitors along with their regions of dominance.

The golf trolley market is a global one, with companies competing not only in their home markets but also in other countries. Companies that are able to expand their geographic reach and offer products in multiple markets are likely to have an advantage over those that are more limited in their reach. There is a lot of innovation happening in the golf trolley market, with companies adding new features such as GPS tracking, Bluetooth connectivity, and remote control. Companies that are able to stay at the forefront of this innovation are likely to gain an advantage over their competitors.

Many companies differentiate themselves by offering a range of products at different price points and with different features. For example, some companies offer basic push/pull trolleys at lower price points, while others focus on high-end electric or remote-controlled trolleys with advanced features. One can have thorough understanding of market and competitors offerings and financials through this report.
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Golf Trolley Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 139.39 Mn.


Forecast Period 2024 to 2030 CAGR:
5.61%
Market Size in 2030:
US $ 204.11 Mn.


 Segments Covered:
by Product Type
Manual
Electric


by Applications
Commercial
on-commercial


by Distribution Channel
Online
Offline



Golf Trolley Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Golf Trolley Market Key players-
1. Acushnet Company (Titleist) - Fairhaven, Massachusetts, USA
2. Bag Boy Company - Richmond, Virginia, USA
3. Bat-Caddy - Pompano Beach, Florida, USA
4. Big Max - - Krailling, Germany
5. Cart-Tek - Eugene, Oregon, USA
6. Clicgear - Temecula, California, USA
7. Club Car - Augusta, Georgia, USA
8. Concourse Golf - Richmond, Virginia, USA
9. Cube - Gruyères, Switzerland
10. ElectroKart - Leicestershire, UK
11. JuCad - Limburg, Germany
12. Lectronic Kaddy - Oceanside, California, USA
13. MGI Golf - Brisbane, Australia
14. Motocaddy - Worcestershire, UK
15. Pattisson - Perth, Australia
16. PowaKaddy - Kent, UK
17. QOD Golf - Queensland, Australia
18. Riksha - Taichung, Taiwan
19. Spitzer Products - Norwalk, Iowa, USA
20. Stewart Golf - Gloucestershire, UK
21. Sun Mountain - Missoula, Montana, USA
22. TourTrek - Chicago, Illinois, USA
23. U.S. Kids Golf - Atlanta, Georgia, USA
24. Zanotti Golf - Bergamo, Italy
25. Zip Navigator - Queensland, Australia

Frequently Asked Questions:

1. What is the average lifespan of a golf trolley?
Answer: The average lifespan of a golf trolley can vary depending on the quality and maintenance, but generally, it can last anywhere from 3 to 10 years.

2. Can electric golf trolleys be used on any golf course?
Answer: Yes, electric golf trolleys can be used on any golf course as long as they comply with the course's regulations and rules.

3. Are there any benefits of using a golf trolley instead of carrying a bag?
Answer: Yes, using a golf trolley can provide several benefits, such as reducing fatigue and strain on the back and shoulders, allowing for better posture, and improving overall performance on the course.

4. Can golf trolleys be customized or personalized?
Answer: Yes, many golf trolley manufacturers offer customization and personalization options, such as adding logos, colors, or accessories to the trolley.

5. Are there any safety concerns when using a golf trolley?
Answer: While golf trolleys are generally safe to use, it's essential to follow the manufacturer's instructions and guidelines to avoid any accidents or injuries. Users should also be aware of their surroundings and potential hazards on the course.