Shopping carts are used in supermarkets, hypermarkets, and departmental stores to carry the goods purchased. These carts are useful to customers to place their items and avoid damaging the products. Shopping carts/trolleys are used for short-distance movement which usually takes place within the boundary of a building. They are used to create “time and place utility” through the handling, storage, and control of material.
Shopping Cart Market – Competitive Landscape
Wanzl Metallwarenfabrik GmbH
Wanzl Metallwarenfabrik GmbH was founded in 1918 by Rudolf Wanzl Senior by opening a locksmith company and is headquartered in Bavaria, Germany. In 1949, the company started the production of shopping baskets and supplied 40 shopping trolleys and 100 baskets. It provides trolleys, baskets, tables, stand & display, trolley shelters, pallet systems, and other products. Under the trolley segment, the company manufactures shopping trolleys, transport trolleys, luggage trolleys, order picking trolleys, chambermaid trolleys, disposal carts, and other trolleys.
Unarco Industries LLC
In 1777, Frédéric JAPY set up a watch movement factory in Wagoner, Oklahoma, the U.S. The company is a subsidiary of Mormon Group, Berkshire Heathway Inc. It specializes in shopping cart technology, roll cage (stock conveyance), and e-commerce picking equipment. The company manufactures wire carts, hybrid carts, material handling carts, and provides services such as refurbishment and clean up services. It supplies shopping carts/ trolleys to Walmart.
Some of the key players operating in the global shopping cart market include Cari-All Group, Sambo Corp, Unarco Material Handling, Inc., CodiceFiscale e Iscrizione RegistroImprese, Canada Best Store Fixtures, Foter, Advance Carts, Inc, Versacart Systems, Inc., National Cart Co., Van Keulen Interieurbouw, ChangshuKailiou Commercial Equipment Co.,Ltd., Changshu Yirunda business equipment factory, Americana Companies, Century Weichuangli Kami Trolleys Mfg, Changshu Shajiabang Commercial Equipment Factory and Changshu Whale Metal Products co., LTD.
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Shopping Cart Market – Dynamics
Growth in number of supermarkets and hypermarkets
Growth of the retail industry has pushed the usage of shopping carts in supermarkets and hypermarkets. Many shopping cart manufacturers are increasing their presence in fast growing countries due to growth in the retail industry. These supermarkets/ hypermarkets have most number of items related to households as compared to the other departmental or small grocery, general provision store, which attracts the consumer and increases the footfall. Supermarkets and hypermarkets have grown exponentially over the years. Most of these distribution channels are privately owned. Some of the supermarket chains are 7-eleven, SPAR, Walmart, Aldi, Carrefour Sans, etc.
Rise in urbanization
Urbanization has increased the migration of people from rural areas to urban areas. People migrate to urban areas in search of better income and a good lifestyle. Consumers prefer to buy from supermarkets and hypermarkets due to increase in disposable income, which increases the use of shopping trolleys.
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Shopping Cart Market – Segmentation
The shopping cart market can be bifurcated on the basis of:
- Product Type
- Distribution Channel
Shopping Cart Market Segmentation – By Product Type
Based on product type, the shopping cart market can be divided into:
- Roller Basket
- Child Cart
- Tote Box
- Basket Cart
- Others (Cargo Cart, etc.)
Shopping Cart Market Segmentation – By Material
Based on material, the shopping cart market can be divided into:
- Stainless Steel
- Metal / Wire
- Plastic Hybrid
- Others (Aluminum, etc.)
Shopping Cart Market Segmentation – By Wheel
Based on wheel, the shopping cart market can be divided into:
- Three Wheel
- Four Wheel
Shopping Cart Market Segmentation – By Application
In terms of application, the shopping cart market can be divided into:
- Shopping Malls
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