| Product Code: ETC5518814 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Armenia Caster Wheels Market is projected to witness mixed growth rate patterns during 2025 to 2029. Although the growth rate starts strong at 12.87% in 2025, it steadily loses momentum, ending at 12.30% by 2029.

By 2027, the Caster Wheels market in Armenia is anticipated to reach a growth rate of 12.84%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

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 Armenia Caster Wheels Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Caster Wheels Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Caster Wheels Market - Industry Life Cycle |
3.4 Armenia Caster Wheels Market - Porter's Five Forces |
3.5 Armenia Caster Wheels Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Caster Wheels Market Revenues & Volume Share, By Weight, 2021 & 2031F |
3.7 Armenia Caster Wheels Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Armenia Caster Wheels Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Armenia Caster Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for material handling equipment in industries |
4.2.2 Increasing adoption of automation in manufacturing processes |
4.2.3 Expanding e-commerce sector leading to higher demand for logistics and warehouse equipment |
4.3 Market Restraints |
4.3.1 High initial investment required for advanced caster wheel technologies |
4.3.2 Limited awareness about the benefits of using caster wheels in various applications |
4.3.3 Fluctuating raw material prices affecting manufacturing costs |
5 Armenia Caster Wheels Market Trends |
6 Armenia Caster Wheels Market Segmentations |
6.1 Armenia Caster Wheels Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Caster Wheels Market Revenues & Volume, By Rigid, 2021-2031F |
6.1.3 Armenia Caster Wheels Market Revenues & Volume, By Swivel, 2021-2031F |
6.1.4 Armenia Caster Wheels Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.5 Armenia Caster Wheels Market Revenues & Volume, By Braking and Locking, 2021-2031F |
6.2 Armenia Caster Wheels Market, By Weight |
6.2.1 Overview and Analysis |
6.2.2 Armenia Caster Wheels Market Revenues & Volume, By Light Duty, 2021-2031F |
6.2.3 Armenia Caster Wheels Market Revenues & Volume, By Medium Duty, 2021-2031F |
6.2.4 Armenia Caster Wheels Market Revenues & Volume, By Heavy Duty, 2021-2031F |
6.3 Armenia Caster Wheels Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Armenia Caster Wheels Market Revenues & Volume, By Forged Steel, 2021-2031F |
6.3.3 Armenia Caster Wheels Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.3.4 Armenia Caster Wheels Market Revenues & Volume, By Ductile Iron, 2021-2031F |
6.3.5 Armenia Caster Wheels Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.3.6 Armenia Caster Wheels Market Revenues & Volume, By Mold on Rubber, 2021-2031F |
6.3.7 Armenia Caster Wheels Market Revenues & Volume, By Phenolic Resin, 2021-2031F |
6.4 Armenia Caster Wheels Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Armenia Caster Wheels Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3 Armenia Caster Wheels Market Revenues & Volume, By Aerospace, 2021-2031F |
6.4.4 Armenia Caster Wheels Market Revenues & Volume, By Food Industry, 2021-2031F |
6.4.5 Armenia Caster Wheels Market Revenues & Volume, By Medical, 2021-2031F |
6.4.6 Armenia Caster Wheels Market Revenues & Volume, By Textile Industry, 2021-2031F |
6.4.7 Armenia Caster Wheels Market Revenues & Volume, By Agricultural Machines, 2021-2031F |
7 Armenia Caster Wheels Market Import-Export Trade Statistics |
7.1 Armenia Caster Wheels Market Export to Major Countries |
7.2 Armenia Caster Wheels Market Imports from Major Countries |
8 Armenia Caster Wheels Market Key Performance Indicators |
8.1 Average order value per customer |
8.2 Customer retention rate |
8.3 Return on investment for customers using advanced caster wheel technologies |
8.4 Adoption rate of caster wheels in new industries |
8.5 Efficiency improvement percentage in material handling processes |
9 Armenia Caster Wheels Market - Opportunity Assessment |
9.1 Armenia Caster Wheels Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Caster Wheels Market Opportunity Assessment, By Weight, 2021 & 2031F |
9.3 Armenia Caster Wheels Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Armenia Caster Wheels Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Armenia Caster Wheels Market - Competitive Landscape |
10.1 Armenia Caster Wheels Market Revenue Share, By Companies, 2024 |
10.2 Armenia Caster Wheels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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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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