Folding Bikes Market to witness Exponential Growth during forecast period 2021-2028| Bickerton Portables, Bobbin Bicycles Ltd, Brompton Bicycle Ltd, Montague Corporation, Pacific Cycles

Folding bikes are two-wheeled vehicles that are built to fold into a compact and portable size for easy transportation and to take up less room. Folding bikes offer more versatility and comfort than traditional bicycles since they come with a variety of features such as mixed compute flexibility, reduced theft risk, easy carrying and storage, and electric propulsion, among others. Furthermore, people have been motivated to use bicycles as a regular mode of transportation due to the long walking distance between their offices, stations, and residences. As a result, the demand for folding bikes is projected to rise at a faster rate during the forecast period due to an increase in the adoption of bicycles.

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Key companies profiled in this research study are:
- Bickerton Portables
- Bobbin Bicycles Ltd
- Brompton Bicycle Ltd
- Montague Corporation
- Pacific Cycles
- Vilano Bikes
- Giant Bicycles
- Dahon
- Gocycle
- Raleigh UK Ltd
- Ming Cycle

MARKET DYNAMICS:
Factors such as government legislation encouraging the use of electric bikes, customer preference for e-bikes as an environmentally friendly and reliable mode of transportation, and rising fuel prices are propelling the global folding bikes market. Additionally, Improvements in bicycle infrastructure and battery technology are creating a lucrative opportunity and supplementing the global folding bike market. Whereas, high cost of foldable bikes is expected to restrain market growth during forecast period.

MARKET SCOPE:
The "Global Folding Bikes Market Analysis to 2028" is a specialized and in-depth study of the Folding bikes Market with a special focus on the global market trend analysis. The report aims to provide an overview of Folding bikes market with detailed market segmentation by product type, drive type, application, distribution channel. The global folding bikes market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading folding bikes market player and offers key trends and opportunities in the folding bikes market.

MARKET SEGMENTATION:
The global folding bikes market is segmented on the basis of product type, drive type, application, distribution channel. On the basis of product type the market is segmented as, mid-fold, vertical fold, triangle hinge. On the basis of drive type the market is segmented as, conventional, electric. On the basis of application the market is segmented as, sports, fitness, commercial, others. Further, on the basis of distribution channel the market is segmented as, offline and offline.

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REGIONAL FRAMEWORK:
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global folding bikes market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The folding bikes market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting folding bikes Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the folding bikes market in these regions.

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