Folding Bikes Market
Folding Bikes Market is valued at USD 508.36 Million in 2018 and expected to reach USD 899.87 Million by 2025 with the CAGR of 8.5% over the forecast period””
Folding Bikes Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2025. Growing health issues amongst users coupled with increase the requirement of folding bicycle due to obesity or overweight is propelling the growth of the global folding bikes market.
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The folding bikes are usually compact and can be working as a transportation mode in an educational and industrial sector. Folding bikes have easy functionality to transport on public transportation systems. Folding bikes can be useful to bring anywhere makes it easier for health buffs to balance going to work and getting enough exercise.
Folding bikes offered features to provide convenient carriage of bicycles up the stairs, potential prevention of theft and minimum storage space makes the popularity of folding cycles in urban commute. Folding bikes have end use application in sports, fitness and commercial.
Key Players Folding Bikes Market Reports-
Folding bikes market report covers prominent players are DAHON North America, Inc., Brompton Bicycle Ltd., Cyclecentric Ltd., Bobbin Bicycles Ltd., Decathlon S.A., Dawes Cycles Limited, Montague Corporation, Citizen Bike Inc., Mobility Holdings, Ltd., Hummingbird Bike Company, Ltd., and Biketec AG, among others.
Folding bikes market report is segmented on the basis of product, size, application, distribution channel and by regional & country level. Based upon product, folding bikes is classified into conventional and electric. Based upon size, folding bikes market is classified into 20”, 24”, 26” and others. Based upon application, folding bikes market is classified into sports, fitness and commercial. Based upon distribution channel, folding bikes market is classified into online and offline.
Key Benefits for Folding Bikes Market Reports –
• Global Market report covers in depth historical and forecast analysis.
• Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
• Global Market report helps to identify opportunities in market place.
• Global Market report covers extensive analysis of emerging trends and competitive landscape.
Folding Bikes Market Segmentation –
By Distribution Channel:
Folding Bikes Market Dynamics –
Growing health issues amongst users along with increasing requirement for folding bicycle due to obesity or overweight health issues is propelling the growth of the global folding bikes market.
According to WHO, more than 1.9 billion adults, 18 years and older, were overweight and over 650 million were obese in 2016. Most of the world’s populations live in countries where overweight and obesity kills more people than underweight.
Moreover, consumer awareness relating to environmental pollution, personal health, fitness, growing population and urbanization, growing sports events, increasing disposable incomes in developing economies, these factors will increases the folding bikes market growth in forecast period.
According to the Our World in Data, more than 4 billion people live in urban areas across the globe. In fact, a customer prefers convenience of online shopping and doorstep delivery of foldable bikes will further boost market growth over the forecast period.
In addition, offline distribution channel has biggest demand where users can select their tailored colors and designs and huge number of users selects to buy from offline channel due to the accessibility of test drive options.
Folding Bikes Market Regional Analysis –
North America is expected to dominate the folding bikes market with the highest share followed by Europe due to rising awareness among the people about advanced development in bikes, growing concern for heath issue like obesity and overweight, rapid economic recovery, growth in population & urbanization and increase in government efforts to support on the usage of environment friendly vehicles.
The Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period with due to increasing popularity of sports events in emerging countries, such as China and India.
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By Regional & Country Analysis:-
o Southeast Asia
The Middle East and Africa
o Rest of Middle East and Africa
Table of Content: Global Folding Bikes Market Research Report
Chapter 1: Global Folding Bikes Industry Overview
Chapter 2: Global Economic Impact on Folding Bikes Markets
Chapter 3: Global Market Size Competition by Industry Producers
Chapter 4: Global Productions, Revenue (Value), according to Regions
Chapter 5: Global Supplies (Production), Consumption, Export, Import, geographically
Chapter 6: Global Productions, Revenue (Value), Price Trend, Product Type
Chapter 7: Global Market Analysis, on the basis of Application
Chapter 8: Folding Bikes Market Industry Value Chain
Chapter 9: Folding Bikes Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Economic Indicators, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Folding Bikes Market Forecast Period
Chapter 14: Future of the Market
Chapter 15: Appendix
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