Authored By: Sarah
11 Nov 2021

Folding Bike Market | Market Highlights and Insights to Recovery from COVID-19
Market Segments and Growth Analysis 2022-2026

The folding bike market is expected to grow by $ 463.62 mn, accelerating at a CAGR of almost 7.97% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


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Folding Bike Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • The report segments the market by Type (manual and electric) and Geography (Europe, APAC, North America, South America, and MEA). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
  • The APAC region emerged as the leading segment in recent years. 38% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Folding Bike Market size.

Folding Bike Market Size to Grow by $ 463.62 mn through 2022-2026 | Leading Segments and Market Trends

Folding Bike Market: Top Trends, Drivers, Challenges to drive Market Recovery

Our report helps market players to discover the various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will provide clients with all the information they would require for designing a growth strategy for their business.

  • A significant factor in driving the growth of the Folding Bike Market will be the government initiatives to promote cycling.
  • Another factor that will boost the market will be the Health, environmental, and economic benefits of cycling  .
  • High maintenance cost of folding bikes is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

Folding Bike Market: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • Bobbin Bicycles Ltd, Brompton Bicycle Ltd., DAHON North America Inc., Karbon Kinetics Ltd., Ming Cycle Industrial Co. Ltd., Mobility Holdings Ltd., Montague Corp., Pacific Cycles Inc., Raleigh UK Ltd, and Road Bike Outlet are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 7.97%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 463.62 mn through 2022-2026.

     
  3. What is a key factor driving this market?
    Government initiatives to promote cycling will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    Europe, APAC, North America, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    38% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Bobbin Bicycles Ltd, Brompton Bicycle Ltd., DAHON North America Inc., Karbon Kinetics Ltd., Ming Cycle Industrial Co. Ltd., Mobility Holdings Ltd., Montague Corp., Pacific Cycles Inc., Raleigh UK Ltd, and Road Bike Outlet

     
  7. What are the market segments covered in this report?
    The market is segmented by Type (manual and electric) and Geography (Europe, APAC, North America, South America, and MEA)
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