Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 2.2 % over the past five years, to reach an estimated $13.3bn in 2024.
Trends and Insights
Falling mall traffic has hampered sales
- The industry has dealt with a changing retail ecosystem that has threatened sales. Falling mall traffic has been the biggest factor working against the industry. Mall carts and kiosks rely heavily on mall foot traffic to drive sales, as they cannot easily attract shoppers.
- Additional trends and insights available with purchase
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Malls carts and kiosks will benefit from growing consumer spending
- With economies around the world exhibiting growth, consumers are expected to increase in-person shopping and generate significant foot traffic, which mall carts and kiosks depend on. This will benefit mall carts, which usually sell discretionary products based on impulse purchases.
Biggest companies in the Mall Carts & Kiosks in the US
Company | Market Share (%)
2024 | Revenue ($short_0)
2024 | Profit ($short_0)
2024 | Profit Margin (%)
2024 |
---|
There are no companies that hold a large enough market share in the Mall Carts & Kiosks in the US industry for IBISWorld to include in this product.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Apparel and fashion accessories, Small personal electronics and accessories and Personal care products and services. Apparel and fashion accessories is the largest segment of the Mall Carts & Kiosks in the US.
Trends and Insights
Apparel and fashion accessories
- Apparel cart owners in this segment retail a variety of men's, women's and children's clothing items. However, these carts thrive primarily because of the ancillary services they provide, including airbrushing and silk screening.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
This industry comprises establishments that retail various goods (excluding food) from kiosks and carts. Operators are most often located in indoor or outdoor malls or shopping areas. This industry also includes computer-based interactive or self-service kiosks.
What's included in this industry?
Retail self-manufactured goods through mall kiosksRetail self-manufactured goods through mall cartsReselling goods through mall kiosksReselling goods through mall cartsRetail sale of nonfood items via vending machinesCompanies
Purchase this report to view all major companies in this industry.
Related Terms
MALL KIOSKMALL CARTVENDINGBRICK AND MORTARIndustry Code
NAICS 45399 - Mall Carts & Kiosks in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Mall carts and kiosks have been hurt by the decline in foot traffic at malls. Consumers’ increasing reliance on online shopping has hurt spending at retail establishments.
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Apparel and fashion accessories are the most popular products sold at mall carts and kiosks. These locations thrive because of the ancillary services they provide.
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Mall carts and kiosks flock to population centers to maximize potential revenue. As the most populated region of the US, the Southeast holds more establishments than any othe...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Mall carts and kiosks compete based on location to attract customers. Their relatively small size requires access to adequate stock, as they often restock daily.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The industry is highly fragmented. Most mall carts and kiosks operate at a single location and often by a single employee.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Cigarette and tobacco product regulations apply to mall carts and kiosks. Tobacco products comprise more than one-third of specialty retail store sales.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit margins vary among establishments based on the types of goods they retail. Still, they are relatively low across the board.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Mall Carts & Kiosks in the US industry in United States in 2024?
The market size of the Mall Carts & Kiosks in the US industry in United States is $13.3bn in 2024.
How many businesses are there in the Mall Carts & Kiosks in the US industry in 2024?
There are 62,669 businesses in the Mall Carts & Kiosks in the US industry in United States, which has grown at a CAGR of 2.0 % between 2019 and 2024.
Has the Mall Carts & Kiosks in the US industry in United States grown or declined over the past 5 years?
The market size of the Mall Carts & Kiosks in the US industry in United States has been declining at a CAGR of 2.2 % between 2019 and 2024.
What is the forecast growth of the Mall Carts & Kiosks in the US industry in United States over the next 5 years?
Over the next five years, the Mall Carts & Kiosks in the US industry in United States is expected to grow.
What does the Mall Carts & Kiosks in the US in United States include?
Retail self-manufactured goods through mall kiosks and Retail self-manufactured goods through mall carts are part of the Mall Carts & Kiosks in the US industry.
How competitive is the Mall Carts & Kiosks in the US industry in United States?
The level of competition is high and steady in the Mall Carts & Kiosks in the US industry in United States.
Related Industries
Widen your competitive advantage with related industries
Competitors
- Department Stores in the US
- Florists in the US
- Gift Shops & Card Stores in the US
- Used Goods Stores in the US
- Small Specialty Retail Stores in the US
- Vending Machine Operators in the US
- Direct Selling Companies in the US
- Street Vendors in the US
- Mail Order in the US
Complementors
- There are no industries to display.
International industries
- Dollar & Variety Stores in Canada
View all industries in United States
Methodology
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What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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