Taiwan Bottle Cages Market is set to Propel at a CAGR of 3.1%

Posted on 2018-04-30 by Goldstein Research in Marketing // 0 Comments

New York, USA, 2018-Apr-30 — /EPR Network/ — According to Goldstein Research, Taiwan bottle cages market is expected to expand at a CAGR of 6.1% over the forecast period, 2017-2025. The lack of space on the bikes, and the requirement of space to carry bottles along is propelling the growth of Taiwan bottle cages market. Taiwan bottle cages market segmentation has been done on the basis of material, cage type and distribution channel. Based on material, fiber reinforced material (FRM) accounted for the largest market share of 39.2% in 2016 of the total Taiwan bottle cages market. Taiwan has sufficient supply of FRM and its lightweight property keeps the total weight of the bike low, hence bottle cages of FRM have been majorly purchased as compared to other material bottle cages. Taiwan Bottle cages market is dominated by Central Taiwan region with market share of 63.2% of the total Taiwan bottle cages market in 2016, due to the presence of maximum number of the bottle cage manufacturers such as BEV International Corp., Karbona Parts Inc. and others.

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Market Segmentation

On the basis of our in-depth analysis, Taiwan Bottle Cages Market can be segmented as follows:

By Material

Carbon
Fiber Reinforced Material (FRM)
Metal

By Cages Type

Aerobar Cages
Frame Cages
Rear Cages

By Distribution

Online
Offline

“Taiwan Bottle Cages Market Outlook 2024” contains detailed overview of the Taiwan Bottle cages market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by material, cage type, distribution channel.

Further, for the in-depth analysis, Taiwan Bottle Cages Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as International Corp., Karbona Parts Inc., Shuz Tung Machinery Industrial Co., Ltd., Chern Shianq Enterprise Co., Ltd., Asia Bicycle Trading Company, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the Taiwan Bottle cages market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Market Segmentation

By Material

By Cages Type

By Distribution

About Goldstein Research

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