| Product Code: ETC5518869 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Laos continued to see a significant influx of caster wheels imports in 2023, with top exporters being China, Areas, nes, Vietnam, Japan, and Thailand. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The impressive Compound Annual Growth Rate (CAGR) of 260.0% and a growth rate of 170.74% highlight the booming demand for caster wheels in Laos, suggesting lucrative opportunities for exporters in the coming years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Laos Caster Wheels Market Overview |
3.1 Laos Country Macro Economic Indicators |
3.2 Laos Caster Wheels Market Revenues & Volume, 2021 & 2031F |
3.3 Laos Caster Wheels Market - Industry Life Cycle |
3.4 Laos Caster Wheels Market - Porter's Five Forces |
3.5 Laos Caster Wheels Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Laos Caster Wheels Market Revenues & Volume Share, By Weight, 2021 & 2031F |
3.7 Laos Caster Wheels Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Laos Caster Wheels Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Laos Caster Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for material handling equipment in industries |
4.2.2 Growth of e-commerce industry leading to higher demand for efficient logistics solutions |
4.2.3 Rising adoption of automation in manufacturing and warehouses |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Lack of awareness about the benefits of caster wheels in Laos market |
4.3.3 Limited availability of skilled labor for installation and maintenance |
5 Laos Caster Wheels Market Trends |
6 Laos Caster Wheels Market Segmentations |
6.1 Laos Caster Wheels Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Laos Caster Wheels Market Revenues & Volume, By Rigid, 2021-2031F |
6.1.3 Laos Caster Wheels Market Revenues & Volume, By Swivel, 2021-2031F |
6.1.4 Laos Caster Wheels Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.5 Laos Caster Wheels Market Revenues & Volume, By Braking and Locking, 2021-2031F |
6.2 Laos Caster Wheels Market, By Weight |
6.2.1 Overview and Analysis |
6.2.2 Laos Caster Wheels Market Revenues & Volume, By Light Duty, 2021-2031F |
6.2.3 Laos Caster Wheels Market Revenues & Volume, By Medium Duty, 2021-2031F |
6.2.4 Laos Caster Wheels Market Revenues & Volume, By Heavy Duty, 2021-2031F |
6.3 Laos Caster Wheels Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Laos Caster Wheels Market Revenues & Volume, By Forged Steel, 2021-2031F |
6.3.3 Laos Caster Wheels Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.3.4 Laos Caster Wheels Market Revenues & Volume, By Ductile Iron, 2021-2031F |
6.3.5 Laos Caster Wheels Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.3.6 Laos Caster Wheels Market Revenues & Volume, By Mold on Rubber, 2021-2031F |
6.3.7 Laos Caster Wheels Market Revenues & Volume, By Phenolic Resin, 2021-2031F |
6.4 Laos Caster Wheels Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Laos Caster Wheels Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3 Laos Caster Wheels Market Revenues & Volume, By Aerospace, 2021-2031F |
6.4.4 Laos Caster Wheels Market Revenues & Volume, By Food Industry, 2021-2031F |
6.4.5 Laos Caster Wheels Market Revenues & Volume, By Medical, 2021-2031F |
6.4.6 Laos Caster Wheels Market Revenues & Volume, By Textile Industry, 2021-2031F |
6.4.7 Laos Caster Wheels Market Revenues & Volume, By Agricultural Machines, 2021-2031F |
7 Laos Caster Wheels Market Import-Export Trade Statistics |
7.1 Laos Caster Wheels Market Export to Major Countries |
7.2 Laos Caster Wheels Market Imports from Major Countries |
8 Laos Caster Wheels Market Key Performance Indicators |
8.1 Average lead time for delivery of caster wheels to customers |
8.2 Percentage increase in market penetration of caster wheels in Laos |
8.3 Customer satisfaction scores related to the performance of caster wheels |
8.4 Number of new product introductions and innovations in the caster wheels market |
8.5 Rate of return or warranty claims related to caster wheels |
9 Laos Caster Wheels Market - Opportunity Assessment |
9.1 Laos Caster Wheels Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Laos Caster Wheels Market Opportunity Assessment, By Weight, 2021 & 2031F |
9.3 Laos Caster Wheels Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Laos Caster Wheels Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Laos Caster Wheels Market - Competitive Landscape |
10.1 Laos Caster Wheels Market Revenue Share, By Companies, 2024 |
10.2 Laos Caster Wheels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here