Grocery carts are defined as container or trolley which is used in supermarkets, hypermarkets, and departmental stores to carry the goods purchased. It offers several benefits to the customer such as safer shopping, convenient shopping, a single hub for grocery management and others. For instance, in January 2019 Caper has debuted their AI self-checkout grocery carts which consist of a weight sensor, cameras, Moreover, it scans the barcodes of the items and pays on the cart with a credit card and the receipt will emailed to the end-user. Modern technology has improved the standard of living for humans and thus the demand for grocery carts is increasing.This growth is primarily driven by Growing Number of Shopping Mall in Developing Countries, Growing Adoption of Grocery Cart for Better Customer Services Retailors and Demand for modernizing shopping and improving shopping efficiency.
Globally, a noticeable market trend is evident Emerging New Technologies Use of Scanner, Weight Sensors Creates New Revenues For Retailers. Major Vendors, such as Cari-All Group (Canada), National Cart Co. (United States), Technibilt (United States), W. Rogers (United States), Americana Companies (United States), Sambo corp (South Korea), Unarco Material Handling, Inc.(United States), Advance Carts, Inc (United States) and Versacart Systems, Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Growing Number of Shopping Mall in Developing Countries
- Growing Adoption of Grocery Cart for Better Customer Services Retailors
- Demand for modernizing shopping and improving shopping efficiency
- Emerging New Technologies Use of Scanner, Weight Sensors Creates New Revenues For Retailers
- Price Fluctuation of Grocery Carts
Growing Demand from Emerging Market Such As China, India, Brazil, Among Others and Increasing Investment in Retail Industry
Substitute Available For Grocery Carts
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