PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: TechSci Research

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Taiwan Tyre Market to Grow at Over 4% during 2015-20 Says TechSci Research - Due to high vehicle ownership and sluggish growth in new vehicle sales, the tyre market in Taiwan is expected to witness muted growth over the next five years - TechSciResearch.com
Taiwan Tyre Market to Grow at Over 4% during 2015-20 Says TechSci Research

 

NewswireToday - /newswire/ - Burnaby, British Columbia, Canada, 2015/01/15 - Due to high vehicle ownership and sluggish growth in new vehicle sales, the tyre market in Taiwan is expected to witness muted growth over the next five years - TechSciResearch.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

According to recently released TechSci Research report “Taiwan Tyre Market Forecast & Opportunities, 2020’’, the tyre market in Taiwan is forecast to grow at a CAGR of more than 4% during 2015-20. Major factors resulting in this modest anticipated growth include high vehicle ownership and the resulting sluggish new vehicle sales expected until 2020. In volume terms, the motorcycle tyre segment is the most dominating tyre segment in Taiwan, followed by passenger car tyre segment. This trend is expected to continue with the motorcycle tyre segment expected to dominate Taiwan’s tyre market during the forecast period 2015-20, followed by passenger car tyre and commercial vehicle tyre segments.

Being the political, cultural and industrial hub of the country, the Northern region comprising Taipei city, New Taipei city, Taoyuan county, etc.currently account for more than 40% of Taiwan’s tyre market. Growing consumer preference for superior quality tyres is expected to affect the demand for local tyre brands and boost the sales of high quality branded tyre during 2015-20. Taiwanese government has been giving increasing emphasis on proper management and effective disposal of rubber waste generated by scrap tyres. Various government policies like implementation of VPC (Voluntary Product Certification) have led to the growth of retreading tyres in the country.

“Motorcycle tyre segment will continue to dominate the market in the coming years. Large vehicle fleet size, anticipated stagnancy in growth rate of new vehicle sales are expected to hugely influence the future growth of Taiwanese tyre market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Taiwan Tyre Market Forecast & Opportunities, 2020” has evaluated the future growth potential of Taiwan tyre market, and provides statistics and information on market structure and consumer behavior trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the Taiwanese tyre market.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: TechSci Research

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Taiwan Tyre Market to Grow at Over 4% during 2015-20 Says TechSci Research

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Ken Mathews - TechSciResearch.com 
+91 12 04316223 ken.mathews[.]techsciresearch.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TechSci Research securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From TechSci Research / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

Voyages Emile Weber, Losch Luxembourg and MAN Collaborate on Emissions-free Public Transport System
Frost & Sullivan Announces Cooperation with Messe Frankfurt
The NEOPLAN Skyliner is Celebrating An Anniversary - 50 Years of The Double-decker Touring Coach
Hitachi Joins Shell Eco-marathon to Help #MaketheFuture
First MAN TGX PerformanceLine Edition Delivered - No 001 For BFS/Stegmaier Group
New Business Models and Service Expansion in European Automotive Aftermarket eRetail Strengthen Growth Opportunities Finds Frost & Sullivan
Vehicle Parc and Market Dynamics Transform KSA Automotive Aftermarket, Forcing Vendors to Change Their Business Approach
First MAN TGX EfficientLine 3 Goes to Spedition Hillert
NEOPLAN Tourliner Wins iF Design Award 2017
Field Testing the New MAN Six-cylinder Naturally Aspirated Engine for Cogeneration Systems
Turkish Medium- and Heavy-duty Truck Manufacturers to Increase Production Volumes and Quality to Meet Evolving User Demands Finds Frost & Sullivan
MAN Truck & Bus Begins Selling The TGE
MAN Joins CharIN
Connected Truck Telematics Providers Focus on Partnerships to Keep Pace with Digital Transformation Finds Frost & Sullivan
MAN and CNL to Bring eTrucks to Our Roads

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)