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Market Research Report

Europe Bottle Cages Market Size, Demand, Trends, Share, Growth Drivers, Opportunity Assessment, Industry Analysis, Regional Outlook, & Forecast 2017-2025

Published On : 2018-03-29 Report Page : 240 Category: Manufacturing

Europe Bottle Cages Market 

Market Overview

Bottle cages have been widely used in the bikes for the convenience of the rider to carry the water, juices or other drinks. These cages are placed on the rear or on the frame of bike. The growing number of bicycle in various sports such as racing, mountaineering, and others has increased the scope for bottle cages. Europe bicycle industry had 12,666 units production, which is a good opportunity for bottle cage manufacturers. The demand for bicycles is seen to be rising in various countries such as Germany, France, Italy, the U.K., and more. With the growing number of bicycles, demand for bottle cages has also been rising. In 2016, Germany made the largest sales amounting to 4050 units of bicycles. Europe has long biking routes that fits for all, thus requiring single or even double bottle cages to supplement the rider.

Goldstein Research analyst forecast that the Europe bottle cages market is expected to grow at a CAGR of 4.3% over the forecast years. The easy availability of raw materials, consumer preferences, number of bicycles, number of advanced bottles useful while biking and more are some of the factors that will grow the bottle cages market as per the forecast.

By Target Audience

  • Bottle Cage Manufacturers
  • Bicycle Manufacturers
  • Cycling Bottle Manufacturers
  • Suppliers

Covered in This Europe Bottle Cages Market Report

The report covers the present ground scenario and the future growth prospects of the bottle cages market for 2016-2024 along with the sales and revenue of the bottle cages. We calculated the market size and revenue share on the basis of revenue generated from major players across the globe. We have forecast the market on the basis of shipment of the bottle cages, manufacturers and distributors of the bottle cages, market trends, raw material supply, cyclist population, demand and supply of bottle cages.

Europe Bottle Cages Market Segmentation

By Material

  • Carbon
  • Fiber Reinforced Material (FRM)
  • Metal

By Cages Type

  • Aerobar Cages
  • Frame Cages
  • Rear Cages

By Distribution

  • Online
  • Offline

Based on Geography

  • United Kingdom Bottle Cages Market {Market Share (%), Market Size (USD Billion)}
  • France Bottle Cages Market {Market Share (%), Market Size (USD Billion)}
  • Italy Bottle Cages Market {Market Share (%), Market Size (USD Billion)}
  • Germany Bottle Cages Market {Market Share (%), Market Size (USD Billion)}
  • Spain Bottle Cages Market {Market Share (%), Market Size (USD Billion)}
  • Hungary Bottle Cages Market {Market Share (%), Market Size (USD Billion)}
  • Sweden Bottle Cages Market {Market Share (%), Market Size (USD Billion)}
  • Russia Bottle Cages Market {Market Share (%), Market Size (USD Billion)}
  • Poland Bottle Cages Market {Market Share (%), Market Size (USD Billion)}
  • Rest Of Europe Bottle Cages Market {Market Share (%), Market Size (USD Billion)}

On the basis of material, fiber reinforced material (FRM) accounted for the largest market share of 32.4% in 2016 of the total Europe bottle cages market. Europe has large FRM market providing raw material for manufacturing of bottle cages that are lightweight material, an essential factor for the bicycle racers and mountain climbers, thus it is being majorly purchased material as compared to other material bottle cages. Aerobar cages market is growing at a rate of 3.2% annually, being convenient for rider’s use as per the position and carrying space of the bottle cages.

Europe bottle cages market outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the bottle cages market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Europe bottle cages market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Market Trends, Drivers and Challenges

There is a rising trend of well-being consciousness among the people i.e. by riding bicycle. With the rising people demand for bicycles to maintain the health, there is equally growth in the shipment of bottle cages in order to supplement the riders with water or energy drinks. In 2016, Europe had second highest population of overweight or obese, thus 48.4% of the people maintaining their health are using bicycles.

According to the report, major driving factor for the growth of bottle cages market is the lack of space on the bikes, and the requirement of space to carry bottles along. Using any other methods such as basket on rear makes the bicycle heavy and unbalanced. The mountain bicycles, cross-country bicycles and others regularly need the use of bottle, thus driving the growth of bottle cages.

Further, the Europe imports major share of bicycles from China, thus companies has limited advantages in setting up bottle cage manufacturing units in Europe. Thus, the bottle cages for the bicycles has to face greater competition from the existing cages attached with the bicycles.

Europe Bottle Cages Market Analysis

Based on geography, Italy had the largest market share of 16% in 2016 of the total Europe bottle cages market, having the highest production, followed by Germany and Portugal in the production share. Other regions such as Romania, France, Czech Republic are the opportunistic regions in the manufacturing of bicycle parts and accessories.

Key Players

Europe bottle cages market report comprises of the following companies as the key players in the bottle cages market: Elite s.r.l., XLAB, Giant UK, Essor USA, Blackburn, Lezyene, Pro-Lite, Campagnolo, Arundel.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Europe Bottle Cages Market Report

  • What is the total market size by 2024 and what would be the expected growth rate?
  • What is the revenue of Europe bottle cages market in 2015-16 and what would be the expected demand over the forecasted period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who all are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

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Europe Bottle Cages Market Size, Demand, Trends, Share, Growth Drivers, Opportunity Assessment, Industry Analysis, Regional Outlook, & Forecast 2017-2025

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