Golf Trolley Market Size, Share & Trends Analysis Report By Product (Manual, Electric), By Application (Commercial, Non-commercial), By Distribution Channel, By Region, And Segment Forecasts, 2019 - 2025

Published: Jul, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global golf trolley market size is expected to reach USD 195.4 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.7% over the forecast period. Increasing adoption of golf as a recreational activity by the young population is driving the demand for the product across the globe. Furthermore, continuous product innovation by the key manufacturers including Motocaddy and RolleyGolf Experience is expected to propel the industry growth in the near future.

The electric product segment is anticipated to witness the fastest growth from 2019 to 2025. Benefits such as lightweight and requirement of less physical effort associated with these products are boosting the product demand among the consumers. In addition, they have gained significant popularity among the players who are suffering from health issues.

Manufacturers have been incorporating innovative features to these electronic products in order to attract new consumers and gain a competitive advantage. For instance, in March 2019, Motocaddy, one of the leading manufacturers of the world, introduced its upgraded S1 model powered trolley. This new remote-controlled model incorporates features including sunlight friendly LCD screen, battery meter, speed indicator, and compact-folding.

As of 2018, the non-commercial application segment held the largest share of more than 60.0%. Increasing penetration of public clubs over the world is fueling the application segment. Over the past few years, the public clubs have attracted a large number of consumers as they are comparatively less expensive than the private clubs.

North America dominated the golf trolley market in 2018, contributing over 50.0% share of the global revenue. Largest number of courses that is more than 15,000 courses are present in U.S. Furthermore, high purchasing power of the consumers of this nation has been allowing them to spend a large amount in leisure activities.

Major producers of this industry include 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.; and Bag Boy Company.

Further key findings from the report suggest:

• The electric product segment held the largest share of over 65.0% in 2018

• Online distribution channel is expected to expand at the fastest CAGR of 4.2% over the forecast period

• The non-commercial application segment held the largest share of more than 60.0% in 2018

• Asia Pacific is expected expand at the fastest CAGR of 4.9% from 2019 to 2025

• North America held the largest share of more than 50.0% in 2018.

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Market Segmentation & Scope
                    1.2. Market Definition
                    1.3. Information Procurement
                        1.3.1. Purchased Database
                        1.3.2. GVR's Internal Database
                        1.3.3. Secondary Sources & Third-Party Perspectives
                        1.3.4. Primary Research
                    1.4. Information Analysis 
                        1.4.1. Data Analysis Models
                    1.5. Market Formulation & Data Visualization
                    1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segmental Outlook
                    2.3. Competitive Insights
Chapter 3. Golf Trolley Market Variables, Trends & Scope
                    3.1. Market Introduction
                    3.2. Penetration & Growth Prospect Mapping
                    3.3. Industry Value Chain Analysis
                        3.3.1. Sales/Retail Channel Analysis
                        3.3.2. Profit Margin Analysis
                    3.4. Market Dynamics
                        3.4.1. Market Driver Analysis
                        3.4.2. Market Restraint Analysis
                        3.4.3. Industry Challenges
                        3.4.4. Industry Opportunities
                    3.5. Business Environment Analysis
                        3.5.1. Industry Analysis - Porter's
                            3.5.1.1. Supplier Power
                            3.5.1.2. Buyer Power
                            3.5.1.3. Substitution Threat
                            3.5.1.4. Threat from New Entrant 
                            3.5.1.5. Competitive Rivalry
                    3.6. Roadmap of Golf Trolley Market
                    3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                    4.1. Consumer Trends and Preferences
                    4.2. Factors Affecting Buying Decision 
                    4.3. Consumer Application Adoption 
                    4.4. Observations & Recommendations
Chapter 5. Golf Trolley Market: Product Estimates & Trend Analysis
                    5.1. Product Movement Analysis & Market Share, 2018 & 2025
                    5.2. Manual
                        5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    5.3. Electric
                        5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Golf Trolley Market: Application Estimates & Trend Analysis
                    6.1. Application Movement Analysis & Market Share, 2018 & 2025
                    6.2. Commercial
                        6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    6.3. Non-commercial
                        6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Golf Trolley Market: Distribution Channel Estimates & Trend Analysis
                    7.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
                    7.2. Offline
                        7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    7.3. Online
                        7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 8. Golf trolley Market: Regional Estimates & Trend Analysis
                    8.1. Regional Movement Analysis & Market Share, 2018 & 2025
                    8.2. North America
                        8.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        8.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        8.2.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                        8.2.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.2.5. U.S.
                            8.2.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.2.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.2.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                            8.2.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    8.3. Europe
                        8.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        8.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        8.3.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                        8.3.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.3.5. Germany
                            8.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.3.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                            8.3.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.3.6. U.K.
                            8.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.3.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.3.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                            8.3.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    8.4. Asia Pacific
                        8.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        8.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        8.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                        8.4.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.4.5. Japan
                            8.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.4.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                            8.4.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.4.6. China
                            8.4.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.4.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.4.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                            8.4.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    8.5. Central & South America
                        8.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        8.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        8.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                        8.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.5.5. Brazil
                            8.5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.5.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.5.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                            8.5.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    8.6. Middle East & Africa (MEA)
                        8.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        8.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        8.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                        8.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.6.5. South Africa
                            8.6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.6.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.6.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                            8.6.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
Chapter 9. Competitive Analysis
                    9.1. Key global players, recent developments & their impact on the industry
                    9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                    9.3. Vendor Landscape
                        9.3.1. Key company market share analysis, 2018
Chapter 10. Company Profiles
                    10.1. Bat-Caddy
                        10.1.1. Company Overview
                        10.1.2. Financial Performance
                        10.1.3. Application Benchmarking
                        10.1.4. Strategic Initiatives
                    10.2. Motocaddy
                        10.2.1. Company Overview
                        10.2.2. Financial Performance
                        10.2.3. Application Benchmarking
                        10.2.4. Strategic Initiatives
                    10.3. Golf Tech Golfartikelvertriebs GmbH
                        10.3.1. Company Overview
                        10.3.2. Financial Performance
                        10.3.3. Application Benchmarking
                        10.3.4. Strategic Initiatives
                    10.4. Adept Golf
                        10.4.1. Company Overview
                        10.4.2. Financial Performance
                        10.4.3. Application Benchmarking
                        10.4.4. Strategic Initiatives
                    10.5. THE PROACTIVE SPORTS GROUP
                        10.5.1. Company Overview
                        10.5.2. Financial Performance
                        10.5.3. Application Benchmarking
                        10.5.4. Strategic Initiatives
                    10.6. SUN MOUNTAIN SPORTS
                        10.6.1. Company Overview
                        10.6.2. Financial Performance
                        10.6.3. Application Benchmarking
                        10.6.4. Strategic Initiatives
                    10.7. Cart Tek Golf Carts
                        10.7.1. Company Overview
                        10.7.2. Financial Performance
                        10.7.3. Application Benchmarking
                        10.7.4. Strategic Initiatives
                    10.8. SPITZER Products Corp.
                        10.8.1. Company Overview
                        10.8.2. Financial Performance
                        10.8.3. Application Benchmarking
                        10.8.4. Strategic Initiatives
                    10.9. Axglo International Inc.
                        10.9.1. Company Overview
                        10.9.2. Financial Performance
                        10.9.3. Application Benchmarking
                        10.9.4. Strategic Initiatives
                    10.10. Bag Boy Company
                        10.10.1. Company Overview
                        10.10.2. Financial Performance
                        10.10.3. Application Benchmarking
                        10.10.4. Strategic Initiatives

List of Tables

1. Golf trolley - Key market driver analysis
2. Golf trolley - Key market restraint analysis
3. Global golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
4. Global manual golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
5. Global electric golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
6. Global golf trolley market estimates and forecast for commercial application sector, 2015 - 2025 (USD Million)
7. Global golf trolley market estimates and forecast for non-commercial application sector, 2015 - 2025 (USD Million)
8. Global golf trolley market estimates and forecast through offline, 2015 - 2025 (USD Million)
9. Global golf trolley market estimates and forecast through online, 2015 - 2025 (USD Million)
10. North America golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
11. North America golf trolley market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
12. North America golf trolley market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
13. North America golf trolley market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
14. U.S. golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
15. U.S. golf trolley market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
16. U.S. golf trolley market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
17. U.S. golf trolley market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
18. Europe golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
19. Europe golf trolley market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
20. Europe golf trolley market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
21. Europe golf trolley market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
22. Germany golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
23. Germany golf trolley market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
24. Germany golf trolley market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
25. Germany golf trolley market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
26. U.K. golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
27. U.K. golf trolley market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
28. U.K. golf trolley market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
29. U.K. golf trolley market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
30. Asia Pacific golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
31. Asia Pacific golf trolley market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
32. Asia Pacific golf trolley market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
33. Asia Pacific golf trolley market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
34. Japan golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
35. Japan golf trolley market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
36. Japan golf trolley market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
37. Japan golf trolley market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
38. China golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
39. China golf trolley market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
40. China golf trolley market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
41. China golf trolley market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
42. Central & South America golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
43. Central & South America golf trolley market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
44. Central & South America golf trolley market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
45. Central & South America golf trolley market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
46. Brazil golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
47. Brazil golf trolley market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
48. Brazil golf trolley market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
49. Brazil market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
50. MEA golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
51. MEA golf trolley market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
52. MEA golf trolley market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
53. MEA golf trolley market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
54. South Africa golf trolley market estimates and forecast, 2015 - 2025 (USD Million)
55. South Africa golf trolley market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
56. South Africa golf trolley market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
57. South Africa golf trolley market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
58. Vendor landscape

List of Figures

1. Golf trolley market snapshot 
2. Golf trolley market segmentation & scope
3. Golf trolley market penetration & growth prospect mapping
4. Golf trolley value chain analysis
5. Golf trolley market dynamics
6. Golf trolley market Porter's analysis 
7. Golf trolley market: Product movement analysis
8. Golf trolley market: Application movement analysis
9. Golf trolley market: Distribution Channel movement analysis 
10. Golf trolley market: Regional movement analysis