
Folding bikes have been increasingly popular among those who are moving towards healthier and environmental friendly options in recent years. A folding bike is a bicycle that can be folded into a compact form for storage and transportation. The primary benefit that folding bicycles provide is intermodality. Unlike traditional bicycles, folding bicycles can be easily coupled with other modes of transportation. Folding bicycles also have a low frame, compact wheels, and adjustable handlebars. The majority of models are designed toward urban area use. Additionally, these folding bikes may be easily transported in passenger cars. Moreover, a number of factors, including government regulations supporting the development of electric bicycles, consumer preferences for e-bikes as an efficient and environmentally friendly means of transportation, and rising fuel prices, is driving the global folding bike market. Bicycling infrastructure and battery technology advancements are providing a profitable opportunity to augment the market's growth.
The global Folding Bikes Market is projected to grow from USD 928.51 million in 2021 to USD 1410.16 million by 2028 at a CAGR of 8.7% during the forecast period.
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The study addresses the elements driving the worldwide Folding Bikes Market. Traders and investors can use this data to strategize to increase market share and newcomers can use it to locate opportunities and grow in the business. There are also some restrictions on the expansion of this market. The Folding Bikes Market study also provides company biographies, SWOT analysis and business strategies for major industry players. In addition, the research focuses on key industry players, providing details such as business descriptions, skills, current financials and company advancements.
The report begins with a brief presentation and overview of the Folding Bikes market, about the current market landscape, market trends, major market players, product type, application and region. It also includes the impact of COVID-19 on the global Folding Bikes market trends, future forecasts, growth opportunities, end-user industries and market players. It also provides historical data, current market scenarios and future insights into the Folding Bikes market. This study provides a comprehensive understanding of market value with the product price, demand, gross margin and supply of the Folding Bikes market. The competitive perspective section of the report presents a clear insight into the market share analysis of the major players in the industry.
Global Folding Bikes Market Segmentation:
The key players covered in this study
Bickerton Portables (Subsidiary of Mobility Holdings, Ltd.)
Bobbin Bicycles Ltd.
Brompton Bicycle Ltd
Dahon Bike
Gocycle (Subsidiary of Karbon Kinetics Ltd.)
Ming Cycle Industrial Co.
Montague Corporation.
Pacific Cycles
Raleigh UK Ltd.
Vilano Bikes
Market segment by Type, the product can be split into
Mid-Fold
Vertical Fold
Triangle Hinge
Conventional
Electric
Market segment by Application, split into
Sports
Fitness
Commercial
Others
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
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The key points of the report:
1. The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
2. The report explores the international major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value and market shares for each company.
3. Through the statistical analysis, the report depicts the global total market of Folding Bikes industry including capacity, production, production value, cost/profit, supply/demand import/export.
4. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5. The report then estimates 2022-2028 market development trends of Folding Bikes industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.
6. The report makes some important proposals for a new project of Folding Bikes Industry before evaluating its feasibility.