(MENAFN- Ameliorate Digital Consultancy) caster wheels market 2022
The caster wheel market is growing rapidly as more and more companies are realizing the benefits of using caster wheels to move heavy loads. Caster wheels make it easy to move furniture, appliances, and other large objects without having to strain your back or risk injury. Caster wheels are also great for moving items from one room to another, or from one level of your home to another.
There are many different types of caster wheels available on the market, so it's important to choose the right type for your needs. Some caster wheels are designed for indoor use only, while others are made for both indoor and outdoor use. There are also several different materials to choose from, including metal, plastic, and rubber.
It's important to select the right size of caster wheel for your load as well. If the caster wheel is too small, it will not be able to support the weight of the object you're trying to move. On the other hand, if the caster wheel is too large, it may be difficult or impossible to manoeuvre in tight spaces.
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Caster wheels Market: Dynamics
Globally, with the growth in the number of malls, hospitals and clinics, the demand for caster wheels is also anticipated to grow at significant CAGR. Caster wheels facilitate rapid mobility of patients in clinics and hospitals. However, factors, such as noisy wheels and rolling resistance, might hamper the growth of caster wheels market. Also, the engineered plastic material used in caster wheels can be very expensive and this might further hinder the growth of the caster wheels market.
Key Companies-
Examples of some of the market participants/vendors operating in the Caster wheels market across the globe are:
DH Casters International Hamilton Caster & Mfg. Co. Tente Muvtons Castors Pvt Ltd. Veekay Impex Colson Casters Cascoo Europe GmbH Rhombus Rollen Holding GmbH Steinco Paul vom GmbH Bestway Casters & Wheels Ltd. Brauer
According to a study, in 2019, injuries related to material handling cost business stood at $14.2 billion in direct expenses. Moreover, it was estimated that 10% of major back injuries in the industry are associated with pulling or pushing tasks. Therefore, due to the aforementioned reasons, the demand for caster wheels has increased over the years.
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Caster wheels Market: Segmentation
basis of type
Rigid Swivel Industrial Braking and Locking
basis of weight
Light Duty Medium Duty Heavy Duty
basis of type of material
Forged Steel Cast Iron Ductile Iron Polyurethane Mold on Rubber Phenolic Resin Others
basis of type of end-use industry
Automotive Aerospace Food Industry Medical Textile Industry Agricultural Machines
Key geographies evaluated in this report are:
North America – U.S, Canada
Europe – France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
APAC – China, India, Japan, Australia, Others
Latin America – Argentina, Brazil, Others
Key Stakeholders
Caster Wheels Market Manufacturers
Caster Wheels Market Distributors/Traders/Wholesalers
Caster Wheels Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in Caster Wheels Market Report –
Who are the Major Manufacturers and Suppliers of Caster Wheels?
What will the Caster Wheels Market growth rate in Future?
What are the key factors driving the global Caster Wheels Market?
Who are the key manufacturers in Caster Wheels Market space?
What are the opportunities and threats faced by the vendors in the global Caster Wheels industry?
What are sales, revenue, and price analysis by regions of Caster Wheels industry?
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