Global Folding Bikes Market Insights, Forecast to 2028

One of the greatest advantages of folding bikes is their compactness that allows riders to carry them on long distance travelling. Folding bike can be easily packed and transported. These bikes take up lesser storing space as compared to the conventional bikes. When folded, the bike can be easily carried into buildings or on public transport facilitating mixed-mode commutation.
Market Analysis and Insights: Global Folding Bikes Market
Due to the COVID-19 pandemic, the global Folding Bikes market size is estimated to be worth US$ 538.6 million in 2022 and is forecast to a readjusted size of US$ 812.8 million by 2028 with a CAGR of 7.1% during the review period. Fully considering the economic change by this health crisis, Mid-fold accounting for % of the Folding Bikes global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Online Sales segment is altered to an % CAGR throughout this forecast period.
China Folding Bikes market size is valued at US$ million in 2021, while the US and Europe Folding Bikes are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Folding Bikes landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Folding Bikes include Brompton, Bobbin, Independent Fabrication, Raleigh Evo-2, Bickerton Junction 1707 City, Dawes Diamond, Tern Bicycles, Dahon and Pacific Cycles, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Folding Bikes capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Folding Bikes by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Folding Bikes Scope and Segment
Folding Bikes market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Folding Bikes market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Mid-fold
Vertical Fold
Triangle Hinge
Magnet Folding and Suspension System
Segment by Application
Online Sales
Offline Sales
By Company
Brompton
Bobbin
Independent Fabrication
Raleigh Evo-2
Bickerton Junction 1707 City
Dawes Diamond
Tern Bicycles
Dahon
Pacific Cycles
STRiDA
Vilano
Schwinn
Montague Bikes
LightSpeed
Gocycle
Di Blasi
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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