Report Code: A12603 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Swivel Casters Market
Request Now !A caster is a type of un-driven wheel which is designed and manufactured to be attached on the bottom of the object to ensure that the object is movable. Apart from the simple caster the swivel caster has an additional swivel joint above the fork which allows 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. At times a handle is provided with the swivel casters so that the user can modify and alter the orientations.
Market scope and structure analysis
The global swivel casters market is experiencing growth at a faster rate since the past few years and is expected to grow considerably during the forecast period. High implementation of advanced technology and the presence of key players in North America are the factors likely to create lucrative opportunities for the market growth. Europe also plays an important role in the global market, exhibiting an outstanding growth in CAGR during the forecast period.
COVID-19 impact analysis
Top impacting factors
Rise in demand for swivel casters in malls, clinics, industries and hospitals along with the use of caster for faster mobilization of patient in hospitals, convenience offered by swivel casters to customers while shopping as these help reduce heavy baggage and load while shopping are the factors likely to fuel the market growth during the forecast period. Whereas, high cost of raw material used in caster manufacturing is likely to restrain the market growth during the forecast period.
Key benefits of the report
Swivel Casters Market Report Highlights
Aspects | Details |
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By Product Type |
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By End User Industry |
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By Region |
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Key Market Players | Tente International,, Stellana,, Colson Group,, Wicke,, Steinco,, Blickle,, CEBORA,, TAKIGEN,, TELLURE,, Flywheel Metalwork, Holdings, LLC, |
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