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Folding Bike Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 147 Pages
  • March 2023
  • Region: Global
  • IMARC Group
  • ID: 5769126
The global folding bike market size reached US$ 783.3 Million in 2022. Looking forward, the publisher expects the market to reach US$ 1,202.2 Million by 2028, exhibiting a CAGR of 7.4% during 2022-2028.

Folding bikes are two-wheeled vehicles that can be folded into a compact size for easy transportation. They have small wheels for better speed pickup, quicker acceleration, and convenient storage. As a result, they act as a space-saving solution for commuters and urban riders to fit into congested areas. They offer better mobility and comfort as compared to conventional bikes on account of their weight, high performance, and durability. Nowadays, folding bikes find extensive applications in sports, fitness and commercial industries around the world.

Folding Bike Market Trends:

Increasing traffic, along with the extending travel times in urban areas, represents one of the key factors propelling the growth of the market. Moreover, rising awareness among individuals about personal health and fitness due to sedentary lifestyles and the growing prevalence of chronic diseases is positively influencing the market. In addition, due to a surge in air pollution, which can be accredited to the growing utilization of automobiles that produce carbon emissions, governments of several countries are imposing stringent regulations and encouraging the use of eco-friendly transportations. This, in turn, is bolstering the growth of the market across the globe. Apart from this, national authorities worldwide are developing separate cycling routes and implementing laws to provide safety to cyclists. This, coupled with technological advancements and developments in bicycling infrastructure, is offering lucrative growth opportunities to key players operating in the market. Additionally, the widespread availability of folding bikes through online and offline stores is stimulating the market growth. Furthermore, leading manufacturers are extensively investing in research and development (R&D) activities to provide cost-effective product variants with enhanced quality. Other growth-inducing factors are increasing fuel costs and overcrowded public transports.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global folding bike market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, drive type, size, price range and distribution channel.

Breakup by Product Type:

  • Vertical Fold
  • Mid-Fold
  • Triangle Hinge

Breakup by Drive Type:

  • Conventional
  • Electric

Breakup by Size:

  • 20''
  • 24''
  • 26''
  • Others

Breakup by Price Range:

  • Low
  • Economy
  • Premium

Breakup by Distribution Channel:

  • Offline
  • Online

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Bickerton Portables, Bike Friday, Bobbin Bicycles, Brompton Bicycle Ltd., Dahon Bike, Giant Bicycles, Gocycle, Ming Cycle Industrial Co. Ltd., Montague Corporation, Pacific Cycles, Raleigh UK Ltd. (Accell Group N.V.) and Vilano Bikes.

Key Questions Answered in This Report

1. What was the size of the global folding bike market in 2022?
2. What is the expected growth rate of the global folding bike market during 2023-2028?
3. What are the key factors driving the global folding bike market?
4. What has been the impact of COVID-19 on the global folding bike market?
5. What is the breakup of the global folding bike market based on the product type?
6. What is the breakup of the global folding bike market based on the drive type?
7. What is the breakup of the global folding bike market based on the size?
8. What is the breakup of the global folding bike market based on the price range?
9. What is the breakup of the global folding bike market based on the distribution channel?
10. What are the key regions in the global folding bike market?
11. Who are the key players/companies in the global folding bike market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Folding Bike Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Vertical Fold
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Mid-Fold
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Triangle Hinge
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Drive Type
7.1 Conventional
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Electric
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Size
8.1 20''
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 24''
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 26''
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Price Range
9.1 Low
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Economy
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Premium
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Distribution Channel
10.1 Offline
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Online
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Bickerton Portables
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 Bike Friday
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.3 Bobbin Bicycles
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Brompton Bicycle Ltd.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 Dahon Bike
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6 Giant Bicycles
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.7 Gocycle
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 Ming Cycle Industrial Co. Ltd.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 Montague Corporation
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10 Pacific Cycles
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 Raleigh UK Ltd. (Accell Group N.V.)
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.12 Vilano Bikes
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Folding Bike Market: Major Drivers and Challenges
Figure 2: Global: Folding Bike Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Folding Bike Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Folding Bike Market: Breakup by Drive Type (in %), 2022
Figure 6: Global: Folding Bike Market: Breakup by Size (in %), 2022
Figure 7: Global: Folding Bike Market: Breakup by Price Range (in %), 2022
Figure 8: Global: Folding Bike Market: Breakup by Distribution Channel (in %), 2022
Figure 9: Global: Folding Bike Market: Breakup by Region (in %), 2022
Figure 10: Global: Folding Bike (Vertical Fold) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Folding Bike (Vertical Fold) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Folding Bike (Mid-Fold) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Folding Bike (Mid-Fold) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Folding Bike (Triangle Hinge) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Folding Bike (Triangle Hinge) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Folding Bike (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Folding Bike (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Folding Bike (Electric) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Folding Bike (Electric) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Folding Bike (20'') Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Folding Bike (20'') Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Folding Bike (24'') Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Folding Bike (24'') Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Folding Bike (26'') Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Folding Bike (26'') Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Folding Bike (Other Sizes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Folding Bike (Other Sizes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Folding Bike (Low) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Folding Bike (Low) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Folding Bike (Economy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Folding Bike (Economy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Folding Bike (Premium) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Folding Bike (Premium) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Folding Bike (Offline) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Folding Bike (Offline) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Folding Bike (Online) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Folding Bike (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: North America: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: North America: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: United States: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: United States: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Canada: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Canada: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Asia-Pacific: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Asia-Pacific: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: China: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: China: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Japan: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Japan: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: India: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: India: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: South Korea: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: South Korea: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Australia: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Australia: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Indonesia: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Indonesia: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Others: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Others: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Europe: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Europe: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Germany: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Germany: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: France: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: France: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: United Kingdom: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: United Kingdom: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Italy: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Italy: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Spain: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Spain: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Russia: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Russia: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Others: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Others: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Latin America: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Latin America: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Brazil: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Brazil: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Mexico: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Mexico: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Others: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Others: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Middle East and Africa: Folding Bike Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Middle East and Africa: Folding Bike Market: Breakup by Country (in %), 2022
Figure 86: Middle East and Africa: Folding Bike Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Global: Folding Bike Industry: SWOT Analysis
Figure 88: Global: Folding Bike Industry: Value Chain Analysis
Figure 89: Global: Folding Bike Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Folding Bike Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Folding Bike Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Folding Bike Market Forecast: Breakup by Drive Type (in Million US$), 2023-2028
Table 4: Global: Folding Bike Market Forecast: Breakup by Size (in Million US$), 2023-2028
Table 5: Global: Folding Bike Market Forecast: Breakup by Price Range (in Million US$), 2023-2028
Table 6: Global: Folding Bike Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 7: Global: Folding Bike Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Folding Bike Market: Competitive Structure
Table 9: Global: Folding Bike Market: Key Players

Companies Mentioned

  • Bickerton Portables
  • Bike Friday
  • Bobbin Bicycles
  • Brompton Bicycle Ltd.
  • Dahon Bike
  • Giant Bicycles
  • Gocycle
  • Ming Cycle Industrial Co. Ltd.
  • Montague Corporation
  • Pacific Cycles
  • Raleigh UK Ltd. (Accell Group N.V.)
  • Vilano Bikes.

Methodology

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Table Information