According to Fact.MR, a market research and competitive intelligence provider, the global push-pull golf cart market was valued at USD 123.8 million in 2022 and is projected to grow at a 5.7% CAGR from 2022 to 2032. The market’s growth is driven by the expanding number of golf courses and rising participation in golf globally.

The increasing popularity of golf has led to the opening of new golf courses, which in turn boosts the demand for golf equipment, including push and pull golf carts.

As reported by the National Golf Foundation (NGF), a record 3.2 million people played golf for the first time in 2021. The golf course industry has experienced 8 consecutive years with over 2 million new players, with the last two years surpassing 3 million.

North America holds the largest share in the development of golf courses, accounting for 32%, followed by Asia Pacific and Europe, at 30% and 24%, respectively. When it comes to golf courses under development, these three regions together account for 80% of ongoing projects. Additionally, the increasing number of junior golf players is driving significant demand for golf equipment, such as golf carts, tees, and balls.

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In 2021, the global number of golfers reached 66.6 million, marking an increase of 5.6 million compared to 2016. The Asia Pacific region experienced the most significant growth, with the number of golfers rising from 20.9 million to 23.3 million. Europe followed with an increase from 7.9 million to 10.6 million golfers, while North America saw a more modest rise from 29.9 million to 30.6 million over the same period (2016-2021).

Key Takeaways from Market Study

• The global push-pull golf cart market is expected to grow at a CAGR of 5.7%, reaching an estimated value of USD 215.4 million by 2032.
• From 2017 to 2021, the market grew at a CAGR of 3.6%.
• In 2022, 3-wheel push-pull golf carts are valued at USD 87.4 million and are projected to dominate the market.
• The U.S. leads the North American market, holding an 86.4% share in 2022.
• Hand-operated push-pull golf carts are anticipated to account for 72% of the market share in 2022.
• Remote-controlled push-pull golf carts are expected to reach a market valuation of USD 73.8 million in 2022.

“Increased disposable income and rising appeal of golf as a luxury pastime to positively influence market expansion,” says a Fact.MR analyst.

Segmentation of Push Pull Golf Cart Industry Research

• By Type:
• Manual
• Remote Controlled
• By Wheel:
• 3 Wheel
• 4 Wheel
• By Braking System:
• Hand Operated
• Foot Paddle
• By End Use:
• Golf Courses
• Personal
• Commercial
• Institutes
• By Sales Channel:
• Online Sales
• Company-owned Platforms
• e-Commerce Websites

• Offline Sales
• Sports Variety Stores
• Franchised Stores
• Independent Stores
• Other Sales Channel

Market Development

Companies are consistently introducing new features to enhance the user experience of their products.

• Bag Boy, a leading golf cart manufacturer, launched the 'TriSwivel II', a 3-wheel push cart equipped with 'Swivel Tech' technology. This allows the front wheels to swivel 360 degrees, offering exceptional maneuverability. The cart also includes a top-mounted lever, the “Swivel Lock,” which allows players to easily engage or disengage the swiveling front wheel depending on the terrain. Additionally, the TriSwivel II features a convenient three-step folding process for easy storage.
• The Big Max ultra-slim Blade IP push cart, winner of Golf Digest’s Editors Choice Award in 2022, is among the most compact push carts on the market. With its 'Flat Fold Technology', the Blade IP is 40% smaller than comparable products in the ultra-compact push cart category and weighs just 14.33 lbs.

Key Companies Profiled

• Axglo International Inc.
• Bat-Caddy LLC
• Big Max Golf
• Clicgear Industrial Design (Hong Kong) Ltd.
• Dynamic Brands
• INESIS (Decathlon)
• JUTEC Biegesysteme GmbH & Co. KG
• Kaddey
• KVV SPORTS LTD
• MacGregor
• MGI Golf
• MotoCaddy
• PowaKaddy
• Stewart Golf USA
• Sun Mountain
• TaylorMade Golf Co.
• Walker Trolleys

Read More: https://www.factmr.com/report/push-pull-golf-cart-market 

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global push pull golf cart market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of type (manual, remote controlled), wheel (3 wheel, 4 wheel), braking system (hand operated, foot paddle), end use (golf courses, personal, commercial, institutes), and sales channel (online sales (company-owned platforms, e-Commerce websites), offline sales (sports variety stores (franchised stores, independent stores), other sales channels)), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

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