Folding Bikes Market: Global Industry Analysis and Forecast 2020-2027: By Product, Size, Distribution Channels and Region.

Folding Bikes Market size is expected to reach nearly US$ 1381.17Mn. by 2027 with a CAGR of 8.6% during the forecast period.

Folding Bikes Market Overview

A folding bike can be folded into a compact form and used as a mode of transportation in the industrial and educational sector. The bike is made up of carbon fiber, steel, aluminum depending on the cost, weight, stress, rigidity, etc. People nowadays are adopting these folding bikes to avoid long walking distance for workplaces, station, and homes. Thus the market for folding bikes is expected to drive growth during the forecast period. The report covers the detailed analysis of the global Folding Bikes industry with the classifications of the market based on product, size, distribution channels and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it. Global Folding Bikes Market To know about the Research Methodology :- Request Free Sample Report The report has profiled key players in the market from different regions. However, the report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation of market size. The manufacturing environment in each region is different and focus is given to the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed.

Global Folding Bikes Market Dynamics

Government bodies across the globe are boosting the consumers to adopt foldable bikes for transportation to reduce pollution. Similarly, the rising vehicle traffic especially in urban areas and prices of fuel are creating demand for the market of folding bikes. People nowadays are adopting healthy lifestyles and fitness due to increasing health concerns, which is again boosting the market of folding bikes. Also, the benefits of folding bikes such as lightweight, portable, better speed, small size, and less accommodation space are fueling the market of folding bikes globally. Many regulatory bodies are investing in separate cycling route development, such as the government of Dutch has announced to invest USD 3901 million in the development of cycling infrastructure, and companies like Garmin International, Inc., Salesforce, Visa, SunPower Corporation, REI, Patagonia, and Kimberly-Clark Corporation are encouraging “Bike to Work” models among their employees to maintain their physical as well as mental health. These inclinations are expected to create new opportunities for the folding bike market during the forecast period. The high cost of folding bikes is expected to hinder the market growth of folding bikes during the forecast period.

Global Folding Bikes Market Segmentation Analysis

By Product, the folding bikes market is segmented into conventional and electric folding bikes. Among these conventional bikes were mostly used by consumers due to their low cost and easy availability. In 2019 the Conventional folding bikes generated a revenue of USD 373.4 million. Where electric folding bikes are expected to grow at the CAGR of 11.0% during the forecast period due to easy convenience and travel. These bikes used lithium batteries for operation and can travel a distance of about 60kms, where consumers can charge their bikes inside the room and can travel at higher speed. By Size, the folding bikes market is segmented into 20 inches, 24 inches, and 26 inches. The 20-inch size folding bike generated a revenue of USD 203.6 million in 2019. Where 20-inch folding bike is expected to grow at a CAGR of 9.9% during the forecast period as they are light in weight and can be carried easily in a lift, corporate offices, and home. Manufacturers are focusing to develop 20-inch folding bikes due to consumer's demand. By Distribution Channel, the folding bikes market is segmented into offline distribution channels and online distribution channels. Earlier which was valued at XX% of global market shares in 2019 and is expected to reach US$ XX Mn during the forecast period due to various buying options and test drives.Where online distribution channel which was valued at XX% of global market shares in 2019 and is expected to reach US$ XX Mn with a CAGR of 11.9% during the forecast period due to services like discounted coupon provided by key online dealers such as Ali Express, Amazon, and Flipkart. This is expected to boost the online distribution channel of the folding bikes market globally. Europe held the largest market of folding bikes, which generated revenue of USD 176.4 million in 2019. The growing parking space cost across the countries like Germany, U.K., France, and Italy is driving the growth of the folding bikes market in the region. Where Asia Pacific is projected to be the fastest-growing market, at a CAGR of 11% during the forecast period as most people fall under the middle-class economic category, and utilize bikes for commuting short distances. The main key drivers for the growth of folding bikes are growing sports activities and mountain biking by adults in countries like China, Japan, India, and Indonesia.

Global Folding Bikes Market Scope: Inquire before buying

Global Folding Bikes Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 775.24Bn.
Forecast Period 2021 to 2027 CAGR: 8.6% Market Size in 2027: US $ 1381.17 Bn.
Segments Covered: by Product • Conventional folding bikes • Electric folding bikes
by Size • 20 inches • 24 inches • 26 inches
by Distribution Channels • Offline distribution channels • Online distribution channels

Global Folding Bikes Market, by Region

• North America • Asia pacific • Europe • Middle East and Africa • South America

Global Folding Bikes Market Key Players

Brompton • Bobbin • Montague Crosstown • Raleigh Evo-2 • Bickerton Junction 1707 City • Dawes Diamond • Tern Verge X20 • Dahon • Pacific Cycles • STRiDA EVO • Tern Link • Vilano • Schwinn • SwissBike • Strida LT • Tern Joe • Independent Fabrication • LightSpeed • Gocycle • Di Blasi • Bickerton Portables • Cyclecentric Ltd. • Decathlon S.A. • Citizen Bike Inc. • Mobility Holdings, Ltd. • Biketec AG Frequently Asked Questions: 1. Which region has the largest share in Global Folding Bikes Market? Ans: Europe region holds the highest share in 2020. 2. What is the growth rate of Global Folding Bikes Market? Ans: The Global Folding Bikes Market is growing at a CAGR of 8.6% during forecasting period 2021-2027. 3. What segments are covered in Global Folding Bikes market? Ans: Global Folding Bikes Market is segmented into Product, Application, Distribution Channel and Region. 4. Who are the key players in Global Folding Bikes market? Ans: The important key players in the Global Folding Bikes Market are Brompton, Bobbin, Montague Crosstown, Raleigh Evo-2, Bickerton Junction 1707 City, Dawes Diamond, Tern Verge X20, Dahon, Pacific Cycles 5. What is the study period of this market? Ans: The Global Folding Bikes Market is studied from 2020 to 2027.
1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Folding Bikes Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Folding Bikes Market 3.4. Geographical Snapshot of the Folding Bikes Market, By Manufacturer share 4. Global Folding Bikes Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Folding Bikes Market 5. Supply Side and Demand Side Indicators 6. Global Folding Bikes Market Analysis and Forecast, 2020-2027 6.1. Global Folding Bikes Market Size & Y-o-Y Growth Analysis. 7. Global Folding Bikes Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 7.1.1. Conventional folding bikes 7.1.2. Electric folding bikes 7.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 7.2.1. 20 inches 7.2.2. 24 inches 7.2.3. 26 inches 7.3. Market Size (Value) Estimates & Forecast By Distribution Channels, 2020-2027 7.3.1. Offline distribution channels 7.3.2. Online distribution channels 8. Global Folding Bikes Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Folding Bikes Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 9.1.1. Conventional folding bikes 9.1.2. Electric folding bikes 9.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 9.2.1. 20 inches 9.2.2. 24 inches 9.2.3. 26 inches 9.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 9.3.1. Offline distribution channels 9.3.2. Online distribution channels 10. North America Folding Bikes Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Folding Bikes Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 11.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 11.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 12. Canada Folding Bikes Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 12.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 12.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 13. Mexico Folding Bikes Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 13.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 13.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 14. Europe Folding Bikes Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 14.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 14.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 15. Europe Folding Bikes Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Folding Bikes Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 16.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 16.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 17. France Folding Bikes Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 17.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 17.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 18. Germany Folding Bikes Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 18.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 18.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 19. Italy Folding Bikes Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 19.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 19.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 20. Spain Folding Bikes Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 20.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 20.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 21. Sweden Folding Bikes Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 21.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 21.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 22. CIS Countries Folding Bikes Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 22.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 22.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 23. Rest of Europe Folding Bikes Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 23.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 23.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 24. Asia Pacific Folding Bikes Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 24.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 24.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 25. Asia Pacific Folding Bikes Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Folding Bikes Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 26.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 26.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 27. India Folding Bikes Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 27.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 27.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 28. Japan Folding Bikes Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 28.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 28.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 29. South Korea Folding Bikes Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 29.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 29.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 30. Australia Folding Bikes Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 30.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 30.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 31. ASEAN Folding Bikes Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 31.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 31.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 32. Rest of Asia Pacific Folding Bikes Market Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 32.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 32.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 33. Middle East Africa Folding Bikes Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 33.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 33.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 34. Middle East Africa Folding Bikes Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Folding Bikes Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 35.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 35.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 36. GCC Countries Folding Bikes Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 36.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 36.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 37. Egypt Folding Bikes Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 37.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 37.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 38. Nigeria Folding Bikes Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 38.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 38.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 39. Rest of ME&A Folding Bikes Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 39.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 39.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 40. South America Folding Bikes Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 40.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 40.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 41. South America Folding Bikes Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Folding Bikes Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 42.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 42.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 43. Argentina Folding Bikes Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 43.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 43.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 44. Rest of South America Folding Bikes Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 44.2. Market Size (Value) Estimates & Forecast By Size, 2020-2027 44.3. Market Size (Value) Estimates & Forecast By Distribution Channels , 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Folding Bikes Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Bobbin 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Brompton 45.5. Bobbin 45.6. Montague Crosstown 45.7. Raleigh Evo-2 45.8. Bickerton Junction 1707 City 45.9. Dawes Diamond 45.10. Tern Verge X20 45.11. Dahon 45.12. Pacific Cycles 45.13. STRiDA EVO 45.14. Tern Link 45.15. Vilano 45.16. Schwinn 45.17. SwissBike 45.18. Strida LT 45.19. Tern Joe 45.20. Independent Fabrication 45.21. LightSpeed 45.22. Gocycle 45.23. Di Blasi 45.24. Bickerton Portables 45.25. Cyclecentric Ltd. 45.26. Decathlon S.A. 45.27. Citizen Bike Inc. 45.28. Mobility Holdings, Ltd. 45.29. Biketec AG 1. Primary Key Insights

About This Report

Report ID 14732
Category Automotive and Transportation
Published Date sep 2019
Updated Date Feb 2022
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