What is Global Plastic Casters Market?
The Global Plastic Casters Market is a vast and dynamic sector that encompasses a wide range of products used in various industries. Plastic casters, essentially wheels made from different types of plastic, are used to provide mobility to heavy objects. The market for these products is global, meaning they are produced, sold, and used all over the world. In 2023, the value of this market was estimated at US$ 3102.2 million. The market is expected to grow significantly in the coming years, with projections suggesting it could reach a value of US$ 5456.2 million by 2030. This growth is driven by a variety of factors, including technological advancements, increasing demand from various industries, and the development of new and improved products.
PU Caster, PA Caster, PP Caster, PE Caster, POM Caster, PC Caster in the Global Plastic Casters Market:
The Global Plastic Casters Market includes a variety of products, each made from a different type of plastic. These include PU (polyurethane) Casters, PA (polyamide) Casters, PP (polypropylene) Casters, PE (polyethylene) Casters, POM (polyoxymethylene) Casters, and PC (polycarbonate) Casters. Each of these products has its own unique properties and uses. For example, PU Casters are known for their durability and resistance to wear and tear, making them ideal for heavy-duty applications. On the other hand, PA Casters are lightweight and have a high resistance to impact, making them suitable for use in industries where mobility and ease of use are important. Similarly, each of the other types of casters has its own unique set of characteristics and uses, making them suitable for a wide range of applications.
Medical, Industrial, Furniture, Logistics, Food Industry, Shopping Cart, Airport, Laboratory, Hotel, Others in the Global Plastic Casters Market:
The Global Plastic Casters Market serves a wide range of industries, each with its own unique needs and requirements. These include the medical industry, where plastic casters are used in hospital beds, wheelchairs, and other medical equipment to provide mobility and ease of use. In the industrial sector, plastic casters are used in machinery and equipment to facilitate movement and transportation. In the furniture industry, they are used in chairs, tables, and other pieces of furniture to provide mobility. Similarly, in the logistics industry, plastic casters are used in trolleys, carts, and other equipment to facilitate the movement of goods. In the food industry, they are used in equipment and machinery to facilitate the production and transportation of food products. Other industries that use plastic casters include shopping, airports, laboratories, hotels, and others.
Global Plastic Casters Market Outlook:
Looking at the market outlook for the Global Plastic Casters Market, it's clear that this is a sector on the rise. In 2023, the market was valued at a substantial US$ 3102.2 million. Fast forward to 2030, and it's projected to reach an impressive US$ 5456.2 million. That's a compound annual growth rate (CAGR) of 8.3% during the forecast period from 2024 to 2030. In 2020, the PU Caster segment held the lion's share of the market, accounting for 35.7% of the global market. The largest manufacturer in this market is the Colson Group, which held more than 2% of the global market revenue in 2019.
| Report Metric | Details |
| Report Name | Plastic Casters Market |
| Accounted market size in 2023 | US$ 3102.2 million |
| Forecasted market size in 2030 | US$ 5456.2 million |
| CAGR | 8.3% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Colson Group, Tente International, ZONWE HOLDING GROUP, Blickle, TAKIGEN, TELLURE, Darcor, Flywheel Metalwork, ER Wagner, Samsongcaster, CEBORA, Regal Castors, RWM Casters, Jacob Holtz, Qingdao Shinhee, Dersheng, Caster Connection |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
