Folding Bicycle Market

By Product;

Conventional and Electric

By Size;

20, 24, 26, and Others

By Distribution Channel;

Online and Offline

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn245167320 Published Date: August, 2025 Updated Date: September, 2025

Folding Bicycle Market Overview

Folding Bicycle Market (USD Million)

Folding Bicycle Market was valued at USD 1,180.14 million in the year 2024. The size of this market is expected to increase to USD 2,608.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.0%.


Folding Bicycle Market

*Market size in USD million

CAGR 12.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)12.0 %
Market Size (2024)USD 1,180.14 Million
Market Size (2031)USD 2,608.91 Million
Market ConcentrationLow
Report Pages366
1,180.14
2024
2,608.91
2031

Major Players

  • Dahon
  • Giant Bicycles
  • Helix
  • Bike Friday
  • Montague Bike
  • Brompton Bicycle
  • GOGOBIKE
  • Birdy Bike
  • FOREVER Bicycle
  • A-bike

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Folding Bicycle Market

Fragmented - Highly competitive market without dominant players


The Folding Bicycle Market is expanding rapidly as more people adopt portable, space-saving, and eco-friendly transport solutions. Compact designs make these bicycles ideal for modern commuters, with nearly 53% of urban cyclists now preferring foldable models.

Convenience for Daily Commuting
Folding bicycles provide lightweight frames, easy portability, and compatibility with public transit systems. About 48% of daily commuters select folding bicycles for the ability to seamlessly combine cycling with buses or trains.

Eco-Friendly Mobility Choices
Sustainability trends are fueling demand, with over 44% of consumers turning to folding bicycles to reduce carbon footprints and support green mobility. This highlights their growing role in eco-conscious commuting.

Innovations Enhancing Performance
Advances in design engineering and lightweight materials are enhancing folding bicycle performance. Nearly 37% of new product innovations emphasize riding comfort, durability, and more efficient folding systems, boosting consumer adoption.

Positive Market Growth
The folding bicycle market has promising growth prospects, supported by wellness trends and urban mobility needs. Close to 46% of strategic initiatives target sustainable solutions, advanced designs, and premium features, ensuring long-term expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Size
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Folding Bicycle Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rapid Urbanization
        2. Growing Focus on Fitness and Sustainability
        3. Rising Adoption in Public Transportation
      2. Restraints
        1. Higher Cost
        2. Limited Cargo Capacity
      3. Opportunities
        1. Growth in E-Folding Bikes
        2. Rising Interest in Recreational Cycling
        3. Expansion into Developing Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Folding Bicycle Market, By Product, 2021 - 2031 (USD Million)
      1. Conventional
      2. Electric
    2. Folding Bicycle Market, By Size, 2021 - 2031(USD Million)
      1. 20
      2. 24
      3. 26
      4. Others
    3. Folding Bicycle Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Online
      2. Offline
    4. Folding Bicycle Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Dahon
      2. Giant Bicycles
      3. Helix
      4. Bike Friday
      5. Montague Bike
      6. Brompton Bicycle
      7. GOGOBIKE
      8. Birdy Bike
      9. FOREVER Bicycle
      10. A-bike
  7. Analyst Views
  8. Future Outlook of the Market