Report Code: A14107 | Pages: NA | Mar 2023 | 1225 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Golf Trolley Market
Request Now !A golf trolley or golf push cart is a cart designed for transporting a golf bag, complete with clubs and other golf equipment around the golf course. The manual push cart (or less commonly a pull cart) can reduce strain on the operator compared to carrying the golf bag by them while transporting golf equipment. As more individuals choose to play golf worldwide, the enthusiasm for golf gears and the trolley is comparatively higher. The golf trolley industry is expected to have more demand with rise wage levels and knowledge of the golf course in the world. Makers aim for an improvement in their product portfolios in line with the ultimate goal of taking a lead in this profitable market. With the advent of the COVID-19 pandemic, governments had enforced lockdown resulting in the restriction of outdoor movement, and all operations in the golf club and course had to be put on a halt. The demand for golf trolley had decreased as there was no requirement by the golfers due to lockdown.
COVID-19 Impact Analysis
Top Impacting Factors
The market is anticipated to be affected by the increase in popularity of golf as a sport in various countries. The expanding wealth of the middle-class public and the increase in number of women golfers in the past few years may be linked to an important increase in demand for a golf trolley.
The rise in popularity and acceptance of golf as active sport drives the industry in large measure. In addition, luxury resorts and hotels provide sports activities in their facilities, one of which is golf. The construction of a mini-golf course to attract and support employers as a healthy leisure activity drives the increase in golf trolley revenues.
Specialty shops in the world market of golf equipment offer a range of different brands of golf items to select from; consumers are thus favored to buy golf equipment. However, with attractive discount policies given by the vendors, department & discount stores are projected to develop at a substantial rate. In addition, e-commerce websites have become the main distributors of golf trolleys.
Market Trends
New Product Launches to Flourish the Market
The Construction of New Golf Courses is expected to Fuel the Growth of the Golf Trolley Market
Key Benefits of the Report
Questions Answered in the Golf Trolley Market Report
Golf Trolley Market Report Highlights
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Key Market Players | Spitzer Products Corp, Axglo International, Inc, Golf Tech Golfartikelvertriebs GmbH., Motocaddy Ltd, Bat Caddy LLC, Dynamic Brands Inc, Taylor Made Golf Company, Inc, The Proactive Sports Group., Sun Mountain Sports, Inc, SRI Sports Limited. |
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