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Mall Carts & Kiosks in the US - Market Research Report (2014-2029)

Matthew Buchko Matthew Buchko New York, United States Last Updated: August 2024 NAICS OD4233

Revenue

$13.3bn

2024

$13.3bn

Past 5-Year Growth

Profit

$XXX.Xm

Employees

129k

Businesses

62,669

Wages

$X.Xbn

Mall Carts & Kiosks in the US industry analysis

The Mall Carts and Kiosks industry, which includes a diverse range of specialty retail establishments in shopping malls, airports, sporting events and large department stores, has contended with difficult conditions. Declining mall traffic and rising external competition have threatened operators, which rely primarily on impulse purchases. Despite strong consumer spending and more aggressive tactics by shopping mall owners to earn revenue from underutilized spaces, the industry has struggled to maintain sales. Since 2020, the industry has been severely impacted by the pandemic outbreak. Overall, the cumulative effect of these trends is expected to result in a drop in sales. Revenue is expected to fall at a CAGR of 2.2% to $13.3 billion through the end of 2024, including growth of 2.4% in 2024.

Trends and 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.
  • 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.
  • 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 other region.
  • 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.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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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
Mall Carts & Kiosks in the US
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

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

Mall Carts & Kiosks in the US
Products & Services
IBISWorld Logo Source: IBISWorld

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 machines

Companies

Purchase this report to view all major companies in this industry.

Related Terms

MALL KIOSKMALL CARTVENDINGBRICK AND MORTAR

Industry Code

NAICS 2017

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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    Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

    IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

    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.

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    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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