The global market for Folding Bikes was valued at US$1.1 Billion in 2024 and is projected to reach US$1.6 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Folding Bikes market.
Segments: Product (Vertical Fold, Mid-Fold, Triangle Hinge); Drive (Conventional, Electric); Application (Commercial, Sports, Fitness, Other Applications).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
Global Folding Bikes Market - Key Trends & Drivers Summarized
Why Are Folding Bikes Gaining Popularity Among Urban Commuters?
Folding bikes have surged in popularity, especially in urban areas, due to their convenience, portability, and suitability for mixed-mode commuting. These bikes offer an efficient solution for city dwellers who combine cycling with public transport, as they can be folded and stored easily in limited spaces. This convenience appeals to commuters in dense metropolitan areas where space is at a premium, and congestion is a major concern. As cities worldwide encourage eco-friendly transport options, folding bikes have become a practical choice for environmentally conscious individuals seeking flexible mobility.How Are Technological Advancements Enhancing Folding Bikes?
Innovations in materials and design are significantly enhancing the performance and durability of folding bikes. Lightweight materials like aluminum and carbon fiber make modern folding bikes easier to carry, while advancements in hinge mechanisms improve foldability and compactness. Electric folding bikes are also on the rise, combining the benefits of electric assistance with portability. These technological advancements appeal to commuters looking for an efficient, compact, and comfortable solution for their daily travel needs, especially in cities promoting sustainable transportation.What Role Do Sustainability and Health Trends Play in This Market?
The increasing focus on sustainability and personal health is driving interest in folding bikes, as they represent a low-carbon, physically engaging mode of transport. Folding bikes encourage an active lifestyle, which appeals to individuals conscious of their health. They also align with eco-friendly initiatives, as they contribute to reduced emissions and decreased reliance on cars for short commutes. This dual benefit of promoting health and environmental responsibility resonates with a growing demographic of health-focused, environmentally aware consumers.What Are the Key Drivers of the Folding Bikes Market Growth?
The growth in the folding bikes market is driven by factors such as urbanization, technological advancements, and environmental awareness. As urban populations expand, the demand for space-efficient transportation options grows, making folding bikes a practical choice. Advances in materials and folding mechanisms enhance bike portability, making them more appealing to commuters. Additionally, health and sustainability trends encourage consumers to choose folding bikes as a form of low-carbon transport that also promotes physical well-being, driving steady growth in this market.Report Scope
The report analyzes the Folding Bikes market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.Segments: Product (Vertical Fold, Mid-Fold, Triangle Hinge); Drive (Conventional, Electric); Application (Commercial, Sports, Fitness, Other Applications).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Vertical Fold segment, which is expected to reach US$714.1 Million by 2030 with a CAGR of a 7.3%. The Mid-Fold segment is also set to grow at 6.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $288.5 Million in 2024, and China, forecasted to grow at an impressive 10.7% CAGR to reach $393.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Folding Bikes Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Folding Bikes Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Folding Bikes Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Accell Group N.V., AG MOTORS Sp. z o.o., Altermove, Bike Friday, Blooming S.R.L. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 44 companies featured in this Folding Bikes market report include:
- Accell Group N.V.
- AG MOTORS Sp. z o.o.
- Altermove
- Bike Friday
- Blooming S.R.L.
- Bobbin Bicycles Ltd.
- Brompton Bicycle Ltd.
- Cyclingdeal USA
- Dahon North America, Inc.
- DAHON North America, Inc.
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What’s Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accell Group N.V.
- AG MOTORS Sp. z o.o.
- Altermove
- Bike Friday
- Blooming S.R.L.
- Bobbin Bicycles Ltd.
- Brompton Bicycle Ltd.
- Cyclingdeal USA
- Dahon North America, Inc.
- DAHON North America, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 243 |
Published | April 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 1.1 Billion |
Forecasted Market Value ( USD | $ 1.6 Billion |
Compound Annual Growth Rate | 6.5% |
Regions Covered | Global |