$802.7 Billion Worldwide Consumer Shopping Carts Industry to 2027 - Impact of COVID-19 on the Market

Dublin, April 16, 2021 (GLOBE NEWSWIRE) -- The "Consumer Shopping Carts - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Consumer Shopping Carts estimated at US$802.7 Billion in the year 2020, is projected to reach a revised size of US$854.4 Billion by 2027, growing at a CAGR of 0.9% over the period 2020-2027.

Direct Sales, one of the segments analyzed in the report, is projected to record 1.3% CAGR and reach US$478.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Distributors segment is readjusted to a revised 0.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $217.9 Billion, While China is Forecast to Grow at 2.1% CAGR

The Consumer Shopping Carts market in the U.S. is estimated at US$217.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$158.2 Billion by the year 2027 trailing a CAGR of 2.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.2% and 0.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.1% CAGR.

Select Competitors (Total 10 Featured):

• 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

• Changshu Whale Metal Products co., LTD

• R.W. Rogers Co.

• Shanghai Rongxin Hardware Factory

• The Peggs Company Inc.

• Wanzl Metallwarenfabrik GmbH

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• World Market Trajectories

• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 10

For more information about this report visit https://www.researchandmarkets.com/r/1x88s9

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