Golf Trolley Market Size To Reach $259.0 Million By 2030

January 2025 | Report Format: Electronic (PDF)

Golf Trolley Market Growth & Trends

The global golf trolley market size is expected to reach USD 259.0 million by 2030, registering a CAGR of 5.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. 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 2024 to 2030. 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 2023, the non-commercial application segment held the largest share of more than 64.6%. 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 2023, contributing over 53.5% 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.

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Golf Trolley Market Report Highlights

Electric products held the dominant market share of 69.4% in 2023. The market was majorly driven by technological innovations such as lightweight materials, advanced braking systems, and the integration of GPS and USB charging ports that have enhanced the functionality and convenience of electric golf trolleys.
The non-commercial segment held 64.6% of the share in 2023 owing to the increasing popularity of golf as a leisure activity
The offline distribution channel accounted for the largest share in 2023 due to the increasing penetration of sports and specialty shops.
The North America golf trolley market held the dominant share of 53.5% in 2023 owing to the rising adoption of golf trolleys by the tourism and hospitality industries.