| Product Code: ETC4938930 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Sweden saw a shift in its golf carts import market with a more diverse range of countries contributing to the supply. The high concentration of Herfindahl-Hirschman Index (HHI) in 2023 decreased to a more moderate level in 2024, indicating a more competitive landscape. However, the industry experienced a negative compound annual growth rate (CAGR) of -5.02% from 2020 to 2024, with a further decline in growth rate of -11.08% from 2023 to 2024. This data suggests a challenging environment for golf cart imports in Sweden, highlighting the need for strategic adjustments in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sweden Golf Carts Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Golf Carts Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Golf Carts Market - Industry Life Cycle |
3.4 Sweden Golf Carts Market - Porter's Five Forces |
3.5 Sweden Golf Carts Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Sweden Golf Carts Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Sweden Golf Carts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on sustainability and environmental conservation, leading to a shift towards eco-friendly transportation solutions. |
4.2.2 Growing popularity of golf as a recreational sport and leisure activity, driving the demand for golf carts. |
4.2.3 Government initiatives promoting tourism and outdoor activities, which can boost the usage of golf carts in golf courses and resorts. |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing golf carts, which may deter potential buyers or golf courses from investing in new carts. |
4.3.2 Limited infrastructure for charging or maintaining golf carts, especially in remote or less developed areas. |
5 Sweden Golf Carts Market Trends |
6 Sweden Golf Carts Market Segmentations |
6.1 Sweden Golf Carts Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Sweden Golf Carts Market Revenues & Volume, By Electric Golf Cart, 2021-2031F |
6.1.3 Sweden Golf Carts Market Revenues & Volume, By Gasoline Golf Cart, 2021-2031F |
6.1.4 Sweden Golf Carts Market Revenues & Volume, By Solar Golf Cart, 2021-2031F |
6.2 Sweden Golf Carts Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Sweden Golf Carts Market Revenues & Volume, By Golf Course, 2021-2031F |
6.2.3 Sweden Golf Carts Market Revenues & Volume, By Personal Services, 2021-2031F |
6.2.4 Sweden Golf Carts Market Revenues & Volume, By Commercial Services, 2021-2031F |
7 Sweden Golf Carts Market Import-Export Trade Statistics |
7.1 Sweden Golf Carts Market Export to Major Countries |
7.2 Sweden Golf Carts Market Imports from Major Countries |
8 Sweden Golf Carts Market Key Performance Indicators |
8.1 Average annual usage hours per golf cart, indicating the level of demand and utilization of golf carts in Sweden. |
8.2 Number of golf courses adopting electric golf carts, reflecting the trend towards eco-friendly transportation solutions. |
8.3 Percentage of golf cart manufacturers offering financing options, which can influence the affordability and accessibility of golf carts in the market. |
9 Sweden Golf Carts Market - Opportunity Assessment |
9.1 Sweden Golf Carts Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Sweden Golf Carts Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Sweden Golf Carts Market - Competitive Landscape |
10.1 Sweden Golf Carts Market Revenue Share, By Companies, 2024 |
10.2 Sweden Golf Carts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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