Swivel Casters Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

A caster is a type of undriven wheel that is designed and manufactured to be attached on the bottom of the object so that the object can be moved. Apart from the simple caster the swivel caster has an additional swivel joint above the fork which allows the free rotation of the fork i.e. 360-degree rotation. This benefit allows to move the vehicle in any direction without changing the original orientation. Sometimes a handle is given with the swivel casters so that the user can modify the orientations.

MARKET DYNAMICS

The key market drivers for swivel casters market are, high demand of swivel casters in malls, clinics, industries and hospitals along with that the use of caster can give faster mobilization of patient in hospitals. Moreover, convenience given by swivel casters to customers while shopping because they help to reduce heavy baggage and load while shopping is likely to fuel market growth during the forecast period. Whereas, it has been observed that the major back injuries are caused by pulling and pushing so the use of caster can help in such conditions is likely to propel market growth. Whereas, high cost of raw material used in caster manufacturing is likely to restrain market growth during the forecast period.

MARKET SCOPE

The "Global Swivel Casters Market Analysis to 2031" is a specialized and in-depth study of the swivel casters Market with a special focus on the global market trend analysis. The report aims to provide an overview of swivel casters market with detailed market segmentation by product and application. The global swivel casters market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading swivel casters market player and offers key trends and opportunities in the swivel casters market.

MARKET SEGMENTATION

The global swivel casters market is segmented on the basis of product and application. On the basis of product the market is segmented as, locking casters, kingpin-less-casters, hollow kingpin casters and plate casters. Further, on the basis of application the market is segmented as, automotive and industrial.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global swivel casters market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The swivel casters market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report also includes the profiles affecting swivel casters Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the swivel casters market in these regions.

MARKET PLAYERS

The reports cover key developments in the swivel casters market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from swivel casters market are anticipated to lucrative growth opportunities in the future with the rising demand for swivel casters market. Below mentioned is the list of few companies engaged in the swivel casters market.
The report also includes the profiles of key swivel casters market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Tente International
  
•   Blickle
  
•   Colson Group Holdings, LLC
  
•   TELLURE
  
•   Wicke
  
•   CEBORA
  
•   TAKIGEN
  
•   Stellana
  
•   Steinco
  
•   Flywheel Metalwork
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Swivel Casters Report Scope