Home / Machines / Folding Bicycles Market By Material (Aluminum, Steel, Carbon Fiber and Titanium), By Number of Gears (Single Speed and Multi-speed) - Growth, Future Prospects, and Competitive Landscape, 2020 - 2028

Folding Bicycles Market By Material (Aluminum, Steel, Carbon Fiber and Titanium), By Number of Gears (Single Speed and Multi-speed) - Growth, Future Prospects, and Competitive Landscape, 2020 - 2028


Published: Sep 2020

Bicycles with an additional feature of folding have been witnessing an upsurge in demand from the past few years. Folding bicycles provide better mobility and comfort of traveling during daily commute when compared to conventional bicycles. Along with functionality, folding bicycles are also packed with multiple features such as flexibility for mixed commute, less possibility of bicycle theft, carrying them up a flight of stairs, and easy storage. Several bicycle manufacturers have been offering a variety of folding bicycles with different frame materials, wheel sizes, and gear variants for activities such as touring and adventure biking. Riding folding bicycles can play a vital role in reducing commute time and cost resulting in enhanced traveling efficiency for individuals in the following years.

Multiple factors have provoked urban commuters to opt for bicycling as a mode of transportation in the nearby vicinity. An endless stream of traffic and long walking distance between home, subway stations, and workplaces have encouraged people to adopt the bicycle as their daily mode of commutation. Furthermore, growing awareness towards the environment coupled with health and fitness benefits has motivated people to prefer cycling. However, the use of the conventional cycle offers numerous challenges for mixed modes of transportation including metros and subways. In order to counter the aforementioned issue, consumers have started preferring folding bicycles which has boosted the overall folding bicycles market. Additionally, folding bicycles are lightweight, durable, and require minimum storage space to compensate for limited residential spaces in modern urban homes. Nevertheless, folding bicycles still have to face stringent competition from conventional bicycles in terms of speed and performance thus affecting the growth of folding bicycles.

Several bicycle manufacturers are introducing a variety of folding bicycles in order to cater to different consumer needs. These companies have been trying to develop lighter and more compact folding bicycles without compromising on the stability and functionality of the bikes. The overall folding bicycle market is expected to become fragmented in the following years with new companies entering the market. Manufacturers have been trying to attract customers from price-sensitive countries such as China, India, and Brazil among others by introducing low price alternatives. Furthermore, manufacturers are paying keen attention to the expansion of their sales and distribution network in developing countries. Some of the leading bicycle manufacturers profiled in this research study are Brompton Bicycle Ltd., Bobbin Bicycles Ltd., Cyclecentric Ltd., Citizen Bike Inc., DAHON North America, Inc., Decathlon S.A., Dawes Cycles Limited, Hummingbird Bike Company, Ltd., Montague Corporation, Mobility Holdings, Ltd., Ming Cycle Industrial Co., Ltd. and Raleigh America.

The additional in-depth analysis comprises in the report:

  • Present and forthcoming business trends to advocate the anticipated lucrative markets within the folding bicycles industry
  • Market drivers, market restraints, and their effect on the market progression
  • Key trend analysis and market predisposition for folding bicycles market
  • Comprehensive competitive landscape of leading folding bicycles manufacturers
  • 2-years of historical data (2018 – 2019)

Overall, the research study provides a complete assessment of the global folding bicycles market, offering magnitude and detail evaluation of the market for the period from 2020 to 2028, considering the aforementioned aspects.

TABLE 1 Market Snapshot: Global Folding Bicycles Market

TABLE 2 Impact Indicators

TABLE 3 Impact Analysis of Drivers and Restraints

TABLE 4 North America Folding Bicycles Market Value, By Folding Mechanism, 2018 - 2028 (US$ Bn)

TABLE 5 North America Folding Bicycles Market Value, By Frame Material, 2018 - 2028 (US$ Bn)

TABLE 6 North America Folding Bicycles Market Value, By Wheel Size, 2018 - 2028 (US$ Bn)

TABLE 7 North America Folding Bicycles Market Value, By Number of Gears, 2018 - 2028 (US$ Bn)

TABLE 8 North America Folding Bicycles Market Value, By Country, 2018 - 2028 (US$ Bn)

TABLE 9 U.S. Folding Bicycles Market Value, 2018 - 2028 (US$ Bn)

TABLE 10 Rest of North America Folding Bicycles Market Value, 2018 - 2028 (US$ Bn)

TABLE 11 Europe Folding Bicycles Market Value, By Folding Mechanism, 2018 - 2028 (US$ Bn)

TABLE 12 Europe Folding Bicycles Market Value, By Frame Material, 2018 - 2028 (US$ Bn)

TABLE 13 Europe Folding Bicycles Market Value, By Wheel Size, 2018 - 2028 (US$ Bn)

TABLE 14 Europe Folding Bicycles Market Value, By Number of Gears, 2018 - 2028 (US$ Bn)

TABLE 15 Europe Folding Bicycles Market Value, By Country, 2018 - 2028 (US$ Bn)

TABLE 16 U.K. Folding Bicycles Market Value, 2018 - 2028 (US$ Bn)

TABLE 17 Germany Folding Bicycles Market Value, 2018 - 2028 (US$ Bn)

TABLE 18 France Folding Bicycles Market Value, 2018 - 2028 (US$ Bn)

TABLE 19 Rest of Europe Folding Bicycles Market Value, 2018 - 2028 (US$ Bn)

TABLE 20 Asia Pacific Folding Bicycles Market Value, By Folding Mechanism, 2018 - 2028 (US$ Bn)

TABLE 21 Asia Pacific Folding Bicycles Market Value, By Frame Material, 2018 - 2028 (US$ Bn)

TABLE 22 Asia Pacific Folding Bicycles Market Value, By Wheel Size, 2018 - 2028 (US$ Bn)

TABLE 23 Asia Pacific Folding Bicycles Market Value, By Number of Gears, 2018 - 2028 (US$ Bn)

TABLE 24 Asia Pacific Folding Bicycles Market Value, By Country, 2018 - 2028 (US$ Bn)

TABLE 25 China Folding Bicycles Market Value, 2018 - 2028 (US$ Bn)

TABLE 26 Japan Folding Bicycles Market Value, 2018 - 2028 (US$ Bn)

TABLE 27 India Folding Bicycles Market Value, 2018 - 2028 (US$ Bn)

TABLE 28 Rest of Asia Pacific Folding Bicycles Market Value, 2018 - 2028 (US$ Bn)

TABLE 29 Rest of World Folding Bicycles Market Value, By Folding Mechanism, 2018 - 2028 (US$ Bn)

TABLE 30 Rest of World Folding Bicycles Market Value, By Frame Material, 2018 - 2028 (US$ Bn)

TABLE 31 Rest of World Folding Bicycles Market Value, By Wheel Size, 2018 - 2028 (US$ Bn)

TABLE 32 Rest of World Folding Bicycles Market Value, By Number of Gears, 2018 - 2028 (US$ Bn)

TABLE 33 Rest of World Folding Bicycles Market Value, By Region, 2018 - 2028 (US$ Bn)

TABLE 34 Latin America Folding Bicycles Market Value, 2018 - 2028 (US$ Bn)

TABLE 35 Middle-East and Africa Folding Bicycles Market Value, 2018 - 2028 (US$ Bn)

TABLE 36 Brompton Bicycle Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

TABLE 37 Bobbin Bicycles Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

TABLE 38 Citizen Bike Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

TABLE 39 Cyclecentric Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

TABLE 40 DAHON North America, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

TABLE 41 Decathlon S.A.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

TABLE 42 Dawes Cycles Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

TABLE 43 Hummingbird Bike Company, Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

TABLE 44 Montague Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

TABLE 45 Mobility Holdings, Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

TABLE 46 Ming Cycle Industrial Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

TABLE 47 Raleigh America.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

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