Global Folding Bike Market Research and Forecast Report 2022-2027
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Report Description and Highlights Report Description Global Folding Bike Market Research Report: According to the latest report by IMARC Group, titled “ Folding Bike Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-202 7 ,” the global folding bike market reached a strong growth in 2021. Folding bikes refer to two-wheeled vehicles designed to fold into a compact form to facilitate easy storage and transportation. They are equipped with small wheels that offer better gearing, higher efficiency, faster acceleration and maneuverability, and improved speed pick-up. They work as conventional bicycles while providing enhanced flexibility, compactness, lightweight, convenience, and ease of traveling. As a result, folding bikes have rapidly gained traction across the sports, fitness, and commercial sectors. Request Free Sample Report: https://www.imarcgroup.com/folding-bike-market/requestsample
Report Description and Highlights Report Description Global Folding Bike Market Trends : The global folding bike market is primarily driven by the extended travel times in urban areas due to the rising traffic-related problems. Folding bikes offer excellent mobility, performance, durability, and environmental benefits. Additionally, governments of various countries are implementing stringent regulations to promote the adoption of eco-friendly transportation and developing separate cycling routes to ensure the safety of cyclists. Along with this, the growing consciousness regarding personal health and fitness among the masses has catalyzed the demand for folding bikes. Furthermore, several product innovations, such as the launch of electric folding bikes and cost-effective product variants in unique designs and colors with enhanced quality, have accelerated their adoption rate. Other factors, including the widespread product availability via online and offline channels, rising environmental concerns, overcrowded public transport, surging fuel prices, and technological advancements, are also anticipated to propel the market growth. Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).
Report Description and Highlights Report Description Market Summary: Breakup by Product Type: • Vertical Fold • Mid-Fold • Triangle Hinge Breakup by Drive Type: • Conventional • Electric Breakup by Size: • 20” • 24” • 26” • Others
Report Description and Highlights Report Description Breakup by Price Range: • Low • Economy • Premium •Breakup by Distribution Channel: • Offline • Online
Report Description and Highlights Report Description Breakup by Region: •North America • United States • Canada •Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others •Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others
Report Description and Highlights Report Description •Latin America • Brazil • Mexico • Others •Middle East and Africa Note: We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report.
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • •
Bickerton Portables Bike Friday Bobbin Bicycles Brompton Bicycle Ltd. Dahon Bike Giant Bicycles Gocycle Ming Cycle Industrial Co. Ltd. Montague Corporation Pacific Cycles Raleigh UK Ltd. (Accell Group N.V.) Vilano Bikes
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