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

New York, USA, 2018-Oct-12 — /EPR Network/ —According to Goldstein Research, Taiwan bottle cages industry 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 are 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, fibre reinforced material (FRM) accounted for the largest market share of 39.2% in 2016 of the total Taiwan bottle cages market. Taiwan has a 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. It is dominated by Central Taiwan region with a market share of 63.2% of the total Taiwan bottle cages market in 2016, due to the presence of a 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
  • Fibre Reinforced Material (FRM)
  • Metal

By Cages Type

  • Aerobar Cages
  • Frame Cages
  • Rear Cages

By Distribution

  • Online
  • Offline

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

The industry reports highlight the in-depth analysis of the bottle cages market report that will help the clients to assess their business strategies as per the competitive environment in the market space. The competitive outlook of major Taiwan players discussed in the Taiwan bottle cages market report includes business strategies, revenue distribution, financial analysis, product portfolio, R&D activities and investments.

Major players of the Taiwan bottle cages market discussed in the report are International Corp., Karbona Parts Inc., Shuz Tung Machinery Industrial Co., Ltd., cherishing Enterprise Co., Ltd., Asia Bicycle Trading Company, etc.

Further, Taiwan Bottle cages Market Report encompasses the major trends & opportunities, market dynamics and other growth factors of the market. The Bottle cages market size also comprises key challenges, risk analysis, BPS analysis, SWOT Analysis and Market Attractiveness. The report also highlights the expert analysis to provide a complete overview of the market including the PESTLE analysis of each region and country.

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