| Product Code: ETC042124 | Publication Date: Jan 2021 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
South Korea Caster Wheels market currently, in 2023, has witnessed an HHI of 4714, Which has increased slightly as compared to the HHI of 3716 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
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 South Korea Caster Wheels Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Caster Wheels Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Caster Wheels Market - Industry Life Cycle |
3.4 South Korea Caster Wheels Market - Porter's Five Forces |
3.5 South Korea Caster Wheels Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 South Korea Caster Wheels Market Revenues & Volume Share, By Weight, 2021 & 2031F |
3.7 South Korea Caster Wheels Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 South Korea Caster Wheels Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 South Korea Caster Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient material handling equipment in various industries in South Korea |
4.2.2 Growing focus on enhancing workplace ergonomics and safety standards leading to higher adoption of caster wheels |
4.2.3 Technological advancements in caster wheel materials and designs improving performance and durability |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting manufacturing costs of caster wheels |
4.3.2 Intense competition among market players leading to pricing pressures and margin challenges |
4.3.3 Regulatory compliance and quality standards increasing production costs for caster wheel manufacturers |
5 South Korea Caster Wheels Market Trends |
6 South Korea Caster Wheels Market, By Types |
6.1 South Korea Caster Wheels Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Caster Wheels Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 South Korea Caster Wheels Market Revenues & Volume, By Rigid, 2021 - 2031F |
6.1.4 South Korea Caster Wheels Market Revenues & Volume, By Swivel, 2021 - 2031F |
6.1.5 South Korea Caster Wheels Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.1.6 South Korea Caster Wheels Market Revenues & Volume, By Braking and Locking, 2021 - 2031F |
6.2 South Korea Caster Wheels Market, By Weight |
6.2.1 Overview and Analysis |
6.2.2 South Korea Caster Wheels Market Revenues & Volume, By Light Duty, 2021 - 2031F |
6.2.3 South Korea Caster Wheels Market Revenues & Volume, By Medium Duty, 2021 - 2031F |
6.2.4 South Korea Caster Wheels Market Revenues & Volume, By Heavy Duty, 2021 - 2031F |
6.3 South Korea Caster Wheels Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 South Korea Caster Wheels Market Revenues & Volume, By Forged Steel, 2021 - 2031F |
6.3.3 South Korea Caster Wheels Market Revenues & Volume, By Cast Iron, 2021 - 2031F |
6.3.4 South Korea Caster Wheels Market Revenues & Volume, By Ductile Iron, 2021 - 2031F |
6.3.5 South Korea Caster Wheels Market Revenues & Volume, By Polyurethane, 2021 - 2031F |
6.3.6 South Korea Caster Wheels Market Revenues & Volume, By Mold on Rubber, 2021 - 2031F |
6.3.7 South Korea Caster Wheels Market Revenues & Volume, By Phenolic Resin, 2021 - 2031F |
6.4 South Korea Caster Wheels Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 South Korea Caster Wheels Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.3 South Korea Caster Wheels Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.4.4 South Korea Caster Wheels Market Revenues & Volume, By Food Industry, 2021 - 2031F |
6.4.5 South Korea Caster Wheels Market Revenues & Volume, By Medical, 2021 - 2031F |
6.4.6 South Korea Caster Wheels Market Revenues & Volume, By Textile Industry, 2021 - 2031F |
6.4.7 South Korea Caster Wheels Market Revenues & Volume, By Agricultural Machines, 2021 - 2031F |
7 South Korea Caster Wheels Market Import-Export Trade Statistics |
7.1 South Korea Caster Wheels Market Export to Major Countries |
7.2 South Korea Caster Wheels Market Imports from Major Countries |
8 South Korea Caster Wheels Market Key Performance Indicators |
8.1 Customer satisfaction index reflecting the quality and performance of caster wheels |
8.2 Rate of new product development and innovation in caster wheel designs |
8.3 Adoption rate of eco-friendly and sustainable caster wheel materials |
9 South Korea Caster Wheels Market - Opportunity Assessment |
9.1 South Korea Caster Wheels Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 South Korea Caster Wheels Market Opportunity Assessment, By Weight, 2021 & 2031F |
9.3 South Korea Caster Wheels Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 South Korea Caster Wheels Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 South Korea Caster Wheels Market - Competitive Landscape |
10.1 South Korea Caster Wheels Market Revenue Share, By Companies, 2024 |
10.2 South Korea 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.
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