Folding Bikes Market Report 2026

The folding bikes market size has grown strongly in recent years. It will grow from $0.97 billion in 2025 to $1.06 billion in 2026 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to urban congestion growth, limited residential storage space, rising fuel prices, increasing cycling awareness, expansion of public transport networks.

The folding bikes market size is expected to see strong growth in the next few years. It will grow to $1.47 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to smart city mobility initiatives, growth of electric folding bike models, rising demand for sustainable commuting, advancements in lightweight material engineering, expansion of online bicycle retail platforms. Major trends in the forecast period include growth in compact urban mobility solutions, rising preference for multimodal commuting, increasing adoption of lightweight frame materials, expansion of folding bikes for last mile connectivity, higher focus on portability and easy storage.

The rising interest in cycling as a fitness and recreational activity is expected to drive the growth of the folding bike market in the coming years. Cycling for fitness and recreation involves riding bicycles for exercise, enjoyment, and leisure. This growing interest is fueled by increased awareness of the health benefits of regular exercise, concerns about environmental sustainability and carbon emissions, and the desire for cost-effective commuting alternatives. The surge in cycling interest has boosted demand for convenient transportation solutions like folding bikes, which offer portability and versatility for urban commuters and enthusiasts alike. For example, in December 2023, Transport for London, a UK-based local government body managing the transport network, reported that daily cycle journeys in London reached an estimated 1.26 million per day in 2023, up 6.3% from 1.19 million in 2022. Therefore, rising interest in cycling is propelling the folding bike market.

Key players in the foldable bike market are focusing on developing compact motorcycles to diversify their offerings and reach a wider customer base. Compact motorcycles are lightweight, portable personal mobility devices designed for urban commuting, featuring foldable designs for easy storage and convenience. For instance, in September 2023, Honda Motors Co. Ltd., a Japan-based automobile company, introduced the Moto Compacto, a foldable electric scooter offering customizable and enjoyable urban mobility solutions. It is equipped with a 490-watt electric motor, a top speed of around 15 mph, and a range of up to 12 miles. The scooter is highly customizable, with Honda providing various accessories and parts for personalization, and it is designed to complement upcoming electric vehicles such as the Prologue and Acura ZDX, offering a last-mile transportation solution.

In October 2024, Dahon Bicycle Co., Ltd., a China-based bicycle manufacturer, partnered with RoyalBaby CYCLE CO., LTD., to deliver an enhanced line of folding bikes. Through this collaboration, Dahon and RoyalBaby aim to expand their market presence in the folding bike segment by combining innovative design, high-quality manufacturing, and advanced folding technology to provide convenient, portable, and durable bicycles for urban mobility worldwide. RoyalBaby CYCLE CO., LTD., a Taiwan-based company, specializes in producing folding bikes and youth bicycles.

Major companies operating in the folding bikes market report include Decathlon S.A., Brompton Bicycle Ltd, Pacific Cycles Inc., Riese And Müller GmbH, Ming Cycle Industrial Co. Ltd., Tern Bicycles Inc., Romet Sp. z o.o., Bike Friday, Montague Corporation, Raleigh UK Ltd, Ningbo Bestar Co. Ltd, Gocycle, Wattbike Ltd, Allen Sports LLC, Dahon North America Inc., Airnimal Bikes Ltd., Mobility Holdings Ltd., Bobbin Bicycles Ltd, Hummingbird Bike Company Ltd., Zizzo Bike LLC, Moulton Bicycle Company Ltd., Citizen Bike, Strida Ltd., Tyrell Corporation, Helix Labs Inc.

Asia-Pacific was the largest region in the folding bikes market in 2025. The regions covered in the folding bikes market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the folding bikes market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The folding bikes market consists of sales of products such as compact fold, electric fold, step-through frame, and cargo fold bikes that are used to provide convenient and efficient transportation solutions. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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