| Product Code: ETC5518827 | 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 |
Bulgaria continues to be a key destination for caster wheels imports, with top suppliers including Turkey, China, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated Market Top 5 Importing Countries and Market Competition (HHI) Analysis , while the steady growth with a Compound Annual Growth Rate (CAGR) of 7.27% from 2020 to 2024 demonstrates sustained demand. The growth rate of 2.08% from 2023 to 2024 further highlights the resilience of the Market Top 5 Importing Countries and Market Competition (HHI) Analysis . Bulgaria`s reliance on these key exporting countries suggests a stable and consistent supply chain for caster wheels.

By 2027, the Caster Wheels market in Bulgaria is anticipated to reach a growth rate of 5.64%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, 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 Bulgaria Caster Wheels Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Caster Wheels Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Caster Wheels Market - Industry Life Cycle |
3.4 Bulgaria Caster Wheels Market - Porter's Five Forces |
3.5 Bulgaria Caster Wheels Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Caster Wheels Market Revenues & Volume Share, By Weight, 2021 & 2031F |
3.7 Bulgaria Caster Wheels Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Bulgaria Caster Wheels Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Bulgaria Caster Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for material handling equipment in various industries in Bulgaria |
4.2.2 Growth in the e-commerce sector leading to higher demand for efficient logistics solutions |
4.2.3 Technological advancements in caster wheels improving their performance and durability |
4.3 Market Restraints |
4.3.1 Intense competition among market players leading to pricing pressures |
4.3.2 Fluctuations in raw material prices impacting manufacturing costs |
4.3.3 Economic uncertainty affecting investments in material handling equipment |
5 Bulgaria Caster Wheels Market Trends |
6 Bulgaria Caster Wheels Market Segmentations |
6.1 Bulgaria Caster Wheels Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Caster Wheels Market Revenues & Volume, By Rigid, 2021-2031F |
6.1.3 Bulgaria Caster Wheels Market Revenues & Volume, By Swivel, 2021-2031F |
6.1.4 Bulgaria Caster Wheels Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.5 Bulgaria Caster Wheels Market Revenues & Volume, By Braking and Locking, 2021-2031F |
6.2 Bulgaria Caster Wheels Market, By Weight |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Caster Wheels Market Revenues & Volume, By Light Duty, 2021-2031F |
6.2.3 Bulgaria Caster Wheels Market Revenues & Volume, By Medium Duty, 2021-2031F |
6.2.4 Bulgaria Caster Wheels Market Revenues & Volume, By Heavy Duty, 2021-2031F |
6.3 Bulgaria Caster Wheels Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Caster Wheels Market Revenues & Volume, By Forged Steel, 2021-2031F |
6.3.3 Bulgaria Caster Wheels Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.3.4 Bulgaria Caster Wheels Market Revenues & Volume, By Ductile Iron, 2021-2031F |
6.3.5 Bulgaria Caster Wheels Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.3.6 Bulgaria Caster Wheels Market Revenues & Volume, By Mold on Rubber, 2021-2031F |
6.3.7 Bulgaria Caster Wheels Market Revenues & Volume, By Phenolic Resin, 2021-2031F |
6.4 Bulgaria Caster Wheels Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Caster Wheels Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3 Bulgaria Caster Wheels Market Revenues & Volume, By Aerospace, 2021-2031F |
6.4.4 Bulgaria Caster Wheels Market Revenues & Volume, By Food Industry, 2021-2031F |
6.4.5 Bulgaria Caster Wheels Market Revenues & Volume, By Medical, 2021-2031F |
6.4.6 Bulgaria Caster Wheels Market Revenues & Volume, By Textile Industry, 2021-2031F |
6.4.7 Bulgaria Caster Wheels Market Revenues & Volume, By Agricultural Machines, 2021-2031F |
7 Bulgaria Caster Wheels Market Import-Export Trade Statistics |
7.1 Bulgaria Caster Wheels Market Export to Major Countries |
7.2 Bulgaria Caster Wheels Market Imports from Major Countries |
8 Bulgaria Caster Wheels Market Key Performance Indicators |
8.1 Adoption rate of advanced caster wheel technologies by key industry players |
8.2 Percentage of e-commerce businesses using caster wheels for their logistics operations |
8.3 Number of new product launches and innovations in the caster wheels market |
8.4 Rate of growth in the manufacturing sector in Bulgaria |
8.5 Percentage of material handling equipment manufacturers using caster wheels in their products |
9 Bulgaria Caster Wheels Market - Opportunity Assessment |
9.1 Bulgaria Caster Wheels Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Caster Wheels Market Opportunity Assessment, By Weight, 2021 & 2031F |
9.3 Bulgaria Caster Wheels Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Bulgaria Caster Wheels Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Bulgaria Caster Wheels Market - Competitive Landscape |
10.1 Bulgaria Caster Wheels Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria 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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