Golf Push and Pull Cart Market Size, Share, Growth, and Industry Analysis by Type (Manual Carts and Electric Carts) By Application (Commercial and Non-commercial), Regional Forecast to 2031

Updated On: 01 April 2024

GOLF PUSH AND PULL CART MARKET REPORT OVERVIEW 

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The global golf push and pull carts market size was USD 173.78 million in 2021 and is projected to touch USD 437.43 million by 2031, exhibiting a CAGR of 9.67% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with golf push and pull carts experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Push-pull cart sales will rise in the next years as golf becomes more and more popular as people become aware of its recreational advantages for their health and fitness, combined with the growth of golf tournaments and golf courses. To participate in the sport of golf, a player needs equipment like golf clubs and golf balls. Golfers utilize caddies to carry their bags, which contain golf equipment because golf bags are very heavy. On occasion, caddies misplace equipment on the golf course by improperly handling golf bags. Additionally, their services are pricey and end up costing golfers a lot of money. Some of the sellers have developed creative solutions to take the place of these caddies in light of these difficulties.

Premiumization through product innovation is one market-driven factor. The golf push and pull carts market is being driven globally by premiumization through product innovation. Golfers once had to manually carry their bags of clubs or rely on caddies to do it for them. Golf caddies have been supplanted by push carts. Golf clubs, balls, and other items needed on the golf course can be moved more easily with the use of push carts. Vendors are integrating new technology into their goods to improve their market share and customer base. Due to their high price, remote control battery-powered carts are known as premium carts.

COVID-19 Impact: Halt on Manufacturing Operations to Slower Market Growth

The golf push and pull carts market's growth during and after the COVID-19 era has suffered. Variables including mobility and flexibility concerns could restrain golf push and pull cart market expansion. The research experts have analyzed historical data to determine the COVID-19 pandemic's effect on the golf push and pull carts market as well as the major market drivers. To achieve a competitive edge, end goals can be determined and marketing strategies can be improved with the aid of a comprehensive analysis of the drivers.

LATEST TRENDS

"Use of Seating Facilities in the Push and Pull Carts to Boost Market Growth"

One of the key trends in the expansion of the golf push and pull carts market is the use of seating facilities in the push and pull carts. The game of golf takes a lot of time. Before visiting the golf course, golfers should carefully select their equipment. Golfers used to carry golf bags with their clubs, balls, and other necessities in the past. Due to the weight of their golf bags, some athletes are prone to dehydration. By offering just one piece of equipment, the majority of manufacturers are creating goods that lighten the load on golfers. By including a chair option in the golf push cart trolley, they want to bring immediate relief to the golfers.

GOLF PUSH AND PULL CART MARKET SEGMENTATION 

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• By Type Analysis

As per the type, the market is classified as follows: Manual Carts and Electric Carts. Electric carts with remote controls are anticipated to be profitable and lead the golf push and pull carts market share.

• By Application Analysis

Based on application, the market is segmented as follows: Commercial and Non-commercial. The commercial segment dominates the golf push and pull carts market share.

DRIVING FACTORS

"Rise in Travel and Tourism to Facilitate Market Development"

One of the main reasons why many firms are increasing their investments in the hospitality sector is the global rise in travel and tourism. This is probably going to increase the building of new hotels, golf resorts, and golf courses, which would therefore increase the demand for golf push and pull carts globally. Golf is one of the most popular sports in the globe as interest in sports activities rises. As a result, the demand for golf push and pull carts is anticipated to increase significantly in the coming years.

"Demand for Golf Push and Pull Carts in Tournaments to Promote Industry Progress"

Golf push and pull carts are increasingly being used in tournaments and college events due to the growing knowledge of them as a convenient internal mode of transportation for carrying golf equipment. Renting a push-pull golf cart eliminates the extra cost of carrying it. Most clients opt for rental services rather than purchasing a push-pull golf cart for occasions. Additionally, large sports event management companies are hiring push-pull golf carts more frequently to provide tournament participants with a hassle-free experience by eliminating the necessity for cart packing and unpacking and lowering the risk of injury.

RESTRAINING FACTORS

"Increase in Electric Golf Carts to Hinder Market Growth"

An electric golf cart is economical, friendly to the environment, and noise-free. The growing preference for renewable energy sources is contributing to the popularity of electric golf carts. Additionally, these carts operate better and lose less value over time. Golf pull and push carts, on the other hand, require manual operation, and golfers must push or pull them appropriately with their hands. The golfer's performance could be impacted by this process, which consumes calories. As a result, the golf push and pull carts market growth is anticipated to be somewhat hindered due to the rising popularity of electric golf carts and several drawbacks associated with golf push and pull carts.

GOLF PUSH AND PULL CART MARKET REGIONAL INSIGHTS 

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"Increase in Demand to Propel Market Progress in North America"

Due to the larger number of golfers and registered golf courses in these nations, the worldwide golf push and pull carts market is heavily dependent on imports from these nations, which might be problematic for the market. A significant factor in the high level of output in the nation is the fact that, according to the National Golf Foundation, approximately 25 million Americans—or about 8% of the population—played golf in 2020. In the United States, it is anticipated that more than 163,400 push-pull golf carts will be produced in 2022, with production rising rapidly over the following years. North America will account for 42% of the golf push and pull carts market's growth over the forecast period. Increased millennial golf involvement, rising health consciousness, and high disposable income will all contribute to the growth of the golf push and pull carts market in North America over the projected period.

KEY MARKET PLAYERS

"Market Players Focus on New Product Launches to Strengthen Market Position"

Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and the launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.   

List of Market Players Profiled

• Cart Tek (U.S.)
• Bat-Caddy LLC (U.S.)
• PowaKaddy (U.S.)
• Dynamic Brands (Bag Boy) (U.S.)
• Stewart Golf (U.S.)
• CaddyTek Inc. (U.S.)
• Sun Mountain (U.S.)
• BIG MAX (U.S.)
• Pro Rider Mobility (U.k)
• Axglo International Inc. (Canada)
• Alphard Golf Inc. (U.S.)
• Motocaddy (U.S.)

REPORT COVERAGE

The report covers overall market aspects, including market segmentation based on its type and application. The report depicts a diverse group of participants that includes the market and the potential market leaders. Major factors that are expected to drive major growth in the market. The factors anticipated to expand the market share are also included in the report to offer market insights. The estimated growth of the market in the forecast period is also included in the report. The regional analysis is completed to explain the region's dominance in the global market. The factors hindering the growth of the market are discussed in detail. The SWOT analysis of the market is depicted in the report. It contains all-inclusive market details.