Brandessence Market Research has published a new report titled “Folding Bikes Market 2018-2024”: Forecasts by Product Type (Vertical Fold, Triangle Hinge, and Magnet Folding), by Application (Sports, Fitness and Commercial) Leading manufacturer and Regional Market: Global Industry overview, Comprehensive Analysis, Size, Share, Growth, Trends and Forecast, 2018 - 2024”. According to the report, developing economies are the most lucrative market for Folding Bikes market during the forecast period 2018-2024

Introduction to Folding Bikes Industry:

Folding bikes are designed to fold into a compact kind, facilitating transport and storage. Once rolled-up, the bikes may be a lot of simply carried into buildings, on public transportation (facilitating mixed-mode travel and bicycle commuting), and a lot of simply hold on in compact living accommodations or aboard a automotive, boat or plane.

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Industry Dynamics for Folding Bikes industry:

The industry is mainly driven by growing awareness about health and growing concerns over global pollution is expected reflected positively on the global industry for folding bikes. Folks are shifting towards healthy and eco-friendly solutions adoption in developed countries like U.S., Canada, and France among others. The increasing demand mainly from the developing regions like Middle East & Africa, Asia-Pacific, and South American countries are also driving the industry. The emerging markets such as India, China, Brazil, Southeast Asia, and Japan are expected to change the trends and dynamics of the industry in the future. High cost of folding bikes may hamper the demand.

Global Folding Bikes Market: Segment Overview
The industry is estimated to register a CAGR of 13.05% between 2018 and 2024. Folding bikes are gaining quality among people that are shifting towards healthy and eco-friendly solutions that additionally carry a component of fashion. The expansion trend is probably going to continue with a lot of folks move towards healthy and inexperienced living. On the opposite hand, challenges related to style, safety and performance limitation stay a significant growth deterrent. Increasing developments and an increase in GDP of China and India are increasing the demand of this industry. The regions covered in this report are North America, Europe, Asia-Pacific and Rest of the World.
Figure: Folding Bikes Market Share, By Application Market,2024 (USD Billion)


Source: Brandessence Market Research
https://www.brandessenceresearch.com/automotive-transport/global-folding-bikes-market-2018-2024/

This report segment of this industry as follows:

Global Folding Bikes Market by Product Type,
• Magnet folding
• Mid-fold
• Triangle hinge
• Vertical fold
• Others

Global Folding Bikes Market by Application,
• Sports
• Fitness and commercial

Global Folding Bikes Market: Regional Segment Analysis
• North America
o U.S.
o Mexico
o Canada
• Europe
o UK
o France
o Germany
o Italy
• Asia Pacific
o China
o Japan
o India
o Southeast Asia
• Latin America
o Brazil
• The Middle East and Africa
o GCC
o Africa
o Rest Of MEA

This Global Folding Bikes market report covers top players like,
• Bickerton Junction 1707 City
• Bobbin
• Brompton
• Dahon
• Di Blasi
• Dawes Diamond
• Montague Crosstown
• Pacific Cycles
• Raleigh Evo-2
• Schwinn
• Strida LT
• SwissBike
• Tern Verge X20
• Vilano

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