| Product Code: ETC5518904 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Republic of Macedonia continues to depend on caster wheel imports, with top exporters in 2024 being Turkey, China, Germany, Greece, and Italy. Despite a slight decrease in growth rate from 2023 to 2024, the industry maintained high concentration levels with a relatively stable CAGR of 3.14% for the years 2020 to 2024. This suggests a consistent demand for caster wheels in North Macedonia, with key players from various countries contributing to the market`s competitiveness.

By 2027, the Caster Wheels market in North Macedonia is anticipated to reach a growth rate of 10.73%, 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 Republic of Macedonia Caster Wheels Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Caster Wheels Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Caster Wheels Market - Industry Life Cycle |
3.4 Republic of Macedonia Caster Wheels Market - Porter's Five Forces |
3.5 Republic of Macedonia Caster Wheels Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Republic of Macedonia Caster Wheels Market Revenues & Volume Share, By Weight, 2021 & 2031F |
3.7 Republic of Macedonia Caster Wheels Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Republic of Macedonia Caster Wheels Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Republic of Macedonia Caster Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for material handling equipment in various industries |
4.2.2 Growing adoption of automation and robotics in manufacturing processes |
4.2.3 Expansion of e-commerce and logistics sectors in Republic of Macedonia |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting production costs |
4.3.2 Lack of awareness about the benefits of caster wheels in certain industries |
4.3.3 Regulatory challenges related to product standards and certifications |
5 Republic of Macedonia Caster Wheels Market Trends |
6 Republic of Macedonia Caster Wheels Market Segmentations |
6.1 Republic of Macedonia Caster Wheels Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Rigid, 2021-2031F |
6.1.3 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Swivel, 2021-2031F |
6.1.4 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.5 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Braking and Locking, 2021-2031F |
6.2 Republic of Macedonia Caster Wheels Market, By Weight |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Light Duty, 2021-2031F |
6.2.3 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Medium Duty, 2021-2031F |
6.2.4 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Heavy Duty, 2021-2031F |
6.3 Republic of Macedonia Caster Wheels Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Forged Steel, 2021-2031F |
6.3.3 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.3.4 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Ductile Iron, 2021-2031F |
6.3.5 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.3.6 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Mold on Rubber, 2021-2031F |
6.3.7 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Phenolic Resin, 2021-2031F |
6.4 Republic of Macedonia Caster Wheels Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Aerospace, 2021-2031F |
6.4.4 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Food Industry, 2021-2031F |
6.4.5 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Medical, 2021-2031F |
6.4.6 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Textile Industry, 2021-2031F |
6.4.7 Republic of Macedonia Caster Wheels Market Revenues & Volume, By Agricultural Machines, 2021-2031F |
7 Republic of Macedonia Caster Wheels Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Caster Wheels Market Export to Major Countries |
7.2 Republic of Macedonia Caster Wheels Market Imports from Major Countries |
8 Republic of Macedonia Caster Wheels Market Key Performance Indicators |
8.1 Average order value per customer for caster wheels |
8.2 Percentage of repeat customers in the caster wheels market |
8.3 Number of new product introductions and innovations in caster wheel technology |
8.4 Percentage of market penetration in key industries such as manufacturing, logistics, and healthcare |
9 Republic of Macedonia Caster Wheels Market - Opportunity Assessment |
9.1 Republic of Macedonia Caster Wheels Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Republic of Macedonia Caster Wheels Market Opportunity Assessment, By Weight, 2021 & 2031F |
9.3 Republic of Macedonia Caster Wheels Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Republic of Macedonia Caster Wheels Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Republic of Macedonia Caster Wheels Market - Competitive Landscape |
10.1 Republic of Macedonia Caster Wheels Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia 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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