Casters Market is expected to reach 6720 million USD by 2025 – QY Research

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This report studies the global Casters industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.

Caster is a wheeled device typically mounted to a larger object that enables relatively easy rolling movement of the object. Circular shielding components, assembled on the sides of a wheel to protect the hub from threads and other foreign objects, which may prevent free rotation of the wheel. Casters are found virtually everywhere, from office desk chairs to shipyards, from hospital beds to automotive factories. They range in size from the very small furniture casters to massive industrial casters, and individual load capacities span 100 lbs or less to 100,000 lbs. Wheel materials include cast iron, plastic, rubber, polyurethane, forged steel, stainless steel, aluminum, and more.

The Casters industry is highly dispersion; the top 10 manufacturers only occupied 6.7% of market share. And high-end products mainly come from North America and Western Europe.

In the worldwide, major manufactures mainly are Colson Group, Tente International, Blickle, TAKIGEN, Regal Castors, samsongcaster, Flywheel Metalwork, Payson Casters, Jacob Holtz, Algood Caster, Hamilton, Stellana, Qingdao Shinhee, Uchimura Caster,Caster Connection, RWM Casters, Darcor, Magnus Mobility, Dersheng and etc.

Asia is the largest production region for casters; USA is the largest consumption region for casters. China production about 50% and consumption about 20% in 2015, Europe production about 16% and consumption about 25% in 2015.

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The global Casters market is valued at 5870 million USD in 2017 and is expected to reach 6720 million USD by the end of 2025, growing at a CAGR of 1.7% between 2018 and 2025.

This research report categorizes the China and global Casters market by type, end-use industry, and region.

International Manufacturers Covered

    Colson Group

    Tente International

    Blickle

    TAKIGEN

    Regal Castors

    Samsongcaster

    Payson Casters

    Algood Caster

    Hamilton

    Stellana

    Uchimura Caster

    Caster Connection

    RWM Casters

    Darcor

    Magnus Mobility

China Local Manufacturers Covered

    Flywheel Metalwork

    Jacob Holtz

    Qingdao Shinhee

    Dersheng

    …

 

By Type

    Rigid Caster

    Swivel Caster

 

By Application

    Industrial and Automotive

    Medical and Furniture

    Others

 

By Region

    United States

    Europe

    Japan

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