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| Market size in 2024 | US$ 912.6 million |
Forecast Market size by 2030 | US$ 1.23 billion |
|---|---|---|---|
| Growth Rate | CAGR of 5.1% | Number of Pages | 130 Pages |
The global Foldable Shopping Carts market size was valued at US$ 912.6 million in 2024 and is projected to reach US$ 1.23 billion by 2030, at a CAGR of 5.1% during the forecast period 2024-2030.
The United States Foldable Shopping Carts market size was valued at US$ 198.4 million in 2024 and is projected to reach US$ 256.7 million by 2030, at a CAGR of 4.4% during the forecast period 2024-2030.
Foldable Shopping Carts are compact, collapsible wheeled carts designed for convenient shopping and transport of groceries and household items, offering larger capacity than hand-held baskets while being more portable than traditional shopping carts.
The global Foldable Shopping Carts market is growing steadily, driven by increasing urbanization, the rise of small-format retail stores, and consumer demand for convenient shopping solutions. In 2023, global sales of foldable shopping carts reached approximately 28 million units, with North America and Europe accounting for 55% of demand, followed by Asia-Pacific at 30%. The retail sector remains the primary market, representing 70% of demand, with personal use accounting for 25% and commercial applications at 5%. The market benefited from the expansion of urban convenience stores and the growing trend of frequent, smaller shopping trips, leading to a 12% increase in foldable cart adoptions by retailers in 2023. Technological advancements have focused on improving durability, enhancing maneuverability, and incorporating user-friendly features. New models offer capacities up to 50kg, 360-degree swivel wheels for easy navigation, and compact folding mechanisms that reduce storage space by up to 70%. The market is seeing growth in eco-friendly foldable carts made from recycled and sustainable materials, increasing at 10% annually, driven by consumer and retailer sustainability initiatives. In 2023, the integration of digital features like QR code scanners and smartphone holders in foldable carts led to a 15% increase in their adoption for self-checkout systems in retail stores. The industry faces competition from traditional shopping baskets and personal shopping trolleys, but the versatility and space-saving benefits of foldable carts continue to drive demand across various retail formats. Emerging applications in last-mile delivery and urban logistics are showing promise, with specialized foldable carts for e-commerce order fulfillment growing at 18% CAGR, albeit from a small base of 2% market share. Looking ahead, the market is expected to benefit from innovations in smart cart technologies, with foldable carts featuring integrated payment systems and inventory tracking projected to grow at 15% CAGR through 2030.
Report Overview
This report provides a deep insight into the global Foldable Shopping Carts market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Foldable Shopping Carts Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Foldable Shopping Carts market in any manner.
Global Foldable Shopping Carts Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
National Cart
Technibilt
R.W. Rogers
Americana Companies
Unarco
CBSF
Sambocorp
Shanghai Shibanghuojia
Guangzhou Shuang Tao Mesh Manufacture
Changshu Yooqi
Jiugulong
Yuqi
Shkami
Market Segmentation (by Type)
Stainless Steel Shopping Trolley
Metal / Wire Shopping Trolley
Plastic Hybrid Shopping Trolley
Market Segmentation (by Application)
Shopping Mall
Supermarket
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Foldable Shopping Carts Market
Overview of the regional outlook of the Foldable Shopping Carts Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Foldable Shopping Carts Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 912.6 million |
| Forecast Market size by 2030 | US$ 1.23 billion |
| Growth Rate | CAGR of 5.1% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 130 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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