Market Overview:
The global foldable bicycles market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as an increase in the number of cyclists, rising awareness about the benefits of cycling, and technological advancements in foldable bicycles. The electric foldable bicycle segment is expected to grow at a higher CAGR than the non-electric foldable bicycle segment during the forecast period. This can be attributed to an increase in demand for electric vehicles due to their environment-friendly nature and growing concerns about climate change. In terms of applications, the exercise segment is expected to hold a larger share of the global foldable bicycles market than other segments duringthe forecast period. This can be attributedto th egrowing popularityofcycling asa modeofexerciseamong people across all age groups.
Product Definition:
A foldable bicycle is a bicycle that can be folded into a small package for easy transport and storage. They are popular among commuters who need to take their bike on public transportation, or people who live in small apartments and don't have room to store a full-sized bike.
Electric:
Electric, it's usage.
Introduction: The global electric, it's usage and growth factor in foldable bicycles market size was valued at USD 2.5 billion in 2018. It is expected to expand at a CAGR of XX% from 2019 to 2025.
None Electric:
The none electric and it’s usage in foldable bicycles market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing environmental concerns such as carbon emission, noise pollution, and so on. These factors are compelling people to opt for eco-friendly transportation modes such as folding bikes instead of conventional ones which emit greenhouse gases at high rates.
Application Insights:
Exercise bicycle was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. These bikes are widely used by gyms, health clubs and sportspersons for cardiovascular training. The traffic tool segment is also projected to witness significant growth during the forecast period owing to increasing number of road accidents globally.
The others application segment includes utility bicycles, folding bikes for kids, foldable electric motorcycles (FEV) and foldable scooters. Utility bicycles have higher seating capacity as compared with normal bicycles as they have larger tires which make them suitable for longer journeys or heavy load carrying capacity on roads or paths with a lot of potholes & cracks due to which these bikes are highly preferred among farmers & agricultural workers who travel long distances on daily basis between their farms/workplaces and cities where they work at offices etc.
Regional Analysis:
Europe dominated the global foldable bicycles market in 2017 owing to increasing demand for green transportation solutions. Moreover, initiatives taken by the European governments to promote bicycling as a form of transport is expected to increase adoption of these bicycles over the forecast period. Asia Pacific is expected to be one of the fastest-growing markets due to increasing awareness about health benefits associated with cycling and rising disposable income especially in China and Japan. Foldable bicycle has been patented in Japan which makes it an early adopter for this product category.
North America held a significant share in 2017 owing their large population base that prefers riding bicycles for various applications including exercise, traffic tools etcetera Therefore; there exists a high demand amongst users across North America.
Growth Factors:
- Increasing demand for foldable bicycles from the transportation sector as a result of the growing awareness about their benefits over traditional modes of transportation such as cars and motorcycles.
- The increasing popularity of cycling as a recreational activity, especially in developed countries, is driving demand for foldable bicycles.
- The rising number of urban commuters is leading to an increase in demand for convenient and portable modes of transportation such as foldable bicycles.
- The growing trend of using eco-friendly means of transportation is contributing to the growth of the foldable bicycle market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Foldable Bicycles Market Research Report
By Type
Electric, None Electric
By Application
Exercise, Traffic Tools, Others
By Companies
Dahon, A-Bike, GOGOBIKE, Brompton, Montague, Xiaomi, Tern, Oyama, STRiDA, KHS Bicycles, LANGTUBIK, Giant, Gi Fly Bike, CarryMe, Hummingbird, Citizen Bike, Airnimal, JIVR, Helix, YikeBike, Flit Bike, BEV International Corp, Yongkang Sulida Automobile, YOUN LIVE INDUSTRY
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Foldable Bicycles Market Report Segments:
The global Foldable Bicycles market is segmented on the basis of:
Types
Electric, None Electric
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Exercise, Traffic Tools, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dahon
- A-Bike
- GOGOBIKE
- Brompton
- Montague
- Xiaomi
- Tern
- Oyama
- STRiDA
- KHS Bicycles
- LANGTUBIK
- Giant
- Gi Fly Bike
- CarryMe
- Hummingbird
- Citizen Bike
- Airnimal
- JIVR
- Helix
- YikeBike
- Flit Bike
- BEV International Corp
- Yongkang Sulida Automobile
- YOUN LIVE INDUSTRY
Highlights of The Foldable Bicycles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric
- None Electric
- By Application:
- Exercise
- Traffic Tools
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Foldable Bicycles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Foldable bicycles are a type of bicycle that can be folded up and stored in a small space. This makes them perfect for people who live in apartments or don't have enough room to store their regular bike.
Some of the major companies in the foldable bicycles market are Dahon, A-Bike, GOGOBIKE, Brompton, Montague, Xiaomi, Tern, Oyama, STRiDA, KHS Bicycles, LANGTUBIK, Giant, Gi Fly Bike, CarryMe, Hummingbird, Citizen Bike, Airnimal, JIVR, Helix, YikeBike, Flit Bike, BEV International Corp, Yongkang Sulida Automobile, YOUN LIVE INDUSTRY.
The foldable bicycles market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Foldable Bicycles Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Foldable Bicycles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Foldable Bicycles Market - Supply Chain
4.5. Global Foldable Bicycles Market Forecast
4.5.1. Foldable Bicycles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Foldable Bicycles Market Size (000 Units) and Y-o-Y Growth
4.5.3. Foldable Bicycles Market Absolute $ Opportunity
5. Global Foldable Bicycles Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Foldable Bicycles Market Size and Volume Forecast by Type
5.3.1. Electric
5.3.2. None Electric
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Foldable Bicycles Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Foldable Bicycles Market Size and Volume Forecast by Application
6.3.1. Exercise
6.3.2. Traffic Tools
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Foldable Bicycles Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Foldable Bicycles Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Foldable Bicycles Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Foldable Bicycles Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Foldable Bicycles Demand Share Forecast, 2019-2026
9. North America Foldable Bicycles Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Foldable Bicycles Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Foldable Bicycles Market Size and Volume Forecast by Application
9.4.1. Exercise
9.4.2. Traffic Tools
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Foldable Bicycles Market Size and Volume Forecast by Type
9.7.1. Electric
9.7.2. None Electric
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Foldable Bicycles Demand Share Forecast, 2019-2026
10. Latin America Foldable Bicycles Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Foldable Bicycles Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Foldable Bicycles Market Size and Volume Forecast by Application
10.4.1. Exercise
10.4.2. Traffic Tools
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Foldable Bicycles Market Size and Volume Forecast by Type
10.7.1. Electric
10.7.2. None Electric
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Foldable Bicycles Demand Share Forecast, 2019-2026
11. Europe Foldable Bicycles Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Foldable Bicycles Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Foldable Bicycles Market Size and Volume Forecast by Application
11.4.1. Exercise
11.4.2. Traffic Tools
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Foldable Bicycles Market Size and Volume Forecast by Type
11.7.1. Electric
11.7.2. None Electric
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Foldable Bicycles Demand Share, 2019-2026
12. Asia Pacific Foldable Bicycles Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Foldable Bicycles Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Foldable Bicycles Market Size and Volume Forecast by Application
12.4.1. Exercise
12.4.2. Traffic Tools
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Foldable Bicycles Market Size and Volume Forecast by Type
12.7.1. Electric
12.7.2. None Electric
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Foldable Bicycles Demand Share, 2019-2026
13. Middle East & Africa Foldable Bicycles Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Foldable Bicycles Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Foldable Bicycles Market Size and Volume Forecast by Application
13.4.1. Exercise
13.4.2. Traffic Tools
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Foldable Bicycles Market Size and Volume Forecast by Type
13.7.1. Electric
13.7.2. None Electric
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Foldable Bicycles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Foldable Bicycles Market: Market Share Analysis
14.2. Foldable Bicycles Distributors and Customers
14.3. Foldable Bicycles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dahon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. A-Bike
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GOGOBIKE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Brompton
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Montague
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Xiaomi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tern
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Oyama
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. STRiDA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. KHS Bicycles
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. LANGTUBIK
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Giant
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Gi Fly Bike
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. CarryMe
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hummingbird
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Citizen Bike
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Airnimal
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. JIVR
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Helix
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. YikeBike
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook