Edison, NJ -- (SBWIRE) -- 12/01/2020 -- Furniture Casters Market Report from AMA Researchhighlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns& country along with competitive landscape, players market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.
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A caster, also known as castor, is a wheeled device normally mounted to a larger object that allows relatively easy rolling movement of the object. Furniture casters are basically housings that contain a wheel & a mounting to install the caster to the furniture (chair, sofas, tables, and others). Furniture casters cover a wide range of styles & series. Furniture casters are also available with a wide range of mounting options such as threaded stem, grip ring stem, grip neck (wood) stem, and top plates. Casters have a wide range of practical applications including office chairs, and material handling equipment, amongst others. Growing disposable income among consumers is likely to increase the demand for the growth of the furniture caster market over the coming years.
Major Players in This Report Include,
Colson Group Holdings, LLC (United States), TENTE International GmbH (Germany), Blickle Räder + Rollen GmbH u. Co. KG (Germany), TAKIGEN MFG CO., LTD (Japan), Payson Casters Inc. (United States), Hamilton Caster & Manufacturing Co. (United States), TELLURE RÔTA SPA (Italy), Samsong Caster Co., Ltd. (South Korea), CEBORA S.p.A. (Italy) and ER Wagner (United States).
Market Drivers
- Growing Demand from Wide Range of Applications
- Increasing Disposable Income among People
Restraints
- Accessibility of Counterfeit Products
Opportunities
- Technological Advancements in Casters
- Growing Opportunities from Untapped Markets
Furniture CastersMarket Report offers a detailed overview of this market and discusses the dominant factors affecting the growth of the market. The impact of Porter's five armies on the market over the next few years has been discussed for a long time in this study. We will also forecast global market size and market outlook over the next few years.
Types of Products,Applications and Furniture CastersMarket Report Geographical Scope taken as the Main Parameter for Market Analysis. This Research Report Conducts an assessment of the industry chain supporting this market. It also provides accurate information on various aspects of this market, such as production capacity, available production capacity utilization, industrial policies affecting the manufacturing chain and market growth.
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In this research study, the prime factors that are impelling the growth of the Furniture Castersmarket report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.
The Furniture Castersis segmented by following Product Types:
Type (Swivel Caster, Rigid Caster), Application (Chairs, Sofas, Tables, Others), End use Industry (Logistics and Transportation, Hospital, Automobile, Others), Distribution Channel (Online, Offline), Wheel Material (Synthetic Rubber, Nylon, Urethane, Phenol, Steel, Elastomer, Others)
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Current Scenario Analysis for Decision Framework
Key Strategic Developments in Furniture Casters Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale to overcome current slowdown due to COVID-19.
Key Market Features in Furniture Casters Market
The report highlights Furniture Casters market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in Furniture Casters, market share and annualized growth rate (Y-o-Y) and Periodic CAGR.
Extracts from Table of Contents
Furniture CastersMarket Research Report
Chapter 1 Furniture CastersMarket Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
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This report also analyzes the regulatory framework of the Global Markets Furniture CastersMarket Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.