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

March 2023 | 147 pages | ID: F48AD58E33B1EN
IMARC Group

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The global folding bike market size reached US$ 783.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,202.2 Million by 2028, exhibiting a growth rate (CAGR) of 6.99% during 2023-2028.

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:
IMARC Group 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?
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 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
 


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


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