Folding Bicycle Market Size, Share & Trends Analysis Report By Product (Conventional, Electric), By Size (20", 24", 26"), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2019 - 2025

Published: Aug, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global folding bicycle market size is expected to reach USD 926.9 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.8% over the forecast period. Rising importance of cycling as a recreational activity among the millennials in order to improve body fitness is expected to have a strong impact on the market growth. Furthermore, governments of various countries including U.S., Germany, U.K., and Spain are propelling corporate institutions to spread awareness among their employees regarding using bicycle for daily transportation. This, in turn, is expected to promote the scope for folding bicycle over the next few years.

Electric folding bicycles are expected to expand at the fastest CAGR of 10.0% from 2019 to 2025. These products are considered to be convenient and energy efficient, which do not harm the environment. Growing cost of conventional energy resources such as petrol and diesel is expected to drive the consumers to purchase these electric bicycles in the upcoming years.

26 inch products generated a revenue of USD 203.5 million in 2018. These products are mostly used for daily transportation and sports activities among the consumers in developed economies of Europe and North America. Mountain bikers prefer to use these size variants as they are easy to carry and provide the perfect balance in hill roads. Growing popularity of sports events including Downhill World Cup, Cross Country and Short Track, and E-MTB World Championships is expected to expand the scope for these size variants among the buyers over the next few years.

Online channel is the fastest growing distribution channel with a CAGR of 11.8% from 2019 to 2025. These retailers provide various add-on services including discounted prices, cash-on-delivery, and coupon benefits in e-commerce portals, which is expected to prompt the buyers to use this channel. Amazon, Walmart, and Aliexpress are some of the key e-commerce portals that offer foldable bicycles.

Europe was the largest market with a revenue of USD 176.3 million in 2018. The trend of using cycle as a medium of daily transportation is prominent among the population of many countries across the region including Germany, U.K., France, and Italy. However, growing real estate as well as parking space cost is driving consumers to purchase foldable bicycles, which are convenient to keep inside the house or corporate buildings.

Some of the key players operating in the folding bicycle market are Dahon, A-bike, Giant Bicycles, Helix, Bike Friday, Montague Bike, Brompton Bicycle, GOGOBIKE, Birdy Bike, and FOREVER Bicycle. Product innovation is expected to remain a key competitive strategy among the industry participants over the next few years.

Further key findings from the report suggest:

• Conventional products generated a revenue of USD 373.3 million in 2018. These products are easily available in offline as well as online stores at economical prices

• By size, the 20 inch segment is expected to expand at the fastest CAGR of 9.8% from 2019 to 2025. These products are popular among the millennial population as they are capable of offering high speed features

• The offline segment held the largest share in 2018 as a result of its try and buy options. Online channel is expected to expand at the fastest CAGR of 11.8% from 2019 to 2025 owing to availability of a wide range of products and doorstep delivery services

• Asia Pacific is the fastest growing region with a CAGR of 10.3% from 2019 to 2025 as a result of increasing popularity of bicycle as a medium of daily transportation to save conventional energy in countries including China, Japan, and South Korea.

 Table of Contents

Chapter 1. Methodology and Scope
                     1.1. Market Segmentation & Scope
                     1.2. Market Definition
                     1.3. Information Procurement
                          1.3.1. Purchased Database
                          1.3.2. GVR's Internal Database
                          1.3.3. Secondary Sources & Third-Party Perspectives
                          1.3.4. Primary Research
                     1.4. Information Analysis 
                          1.4.1. Data Analysis Models
                     1.5. Market Formulation & Data Visualization
                     1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                     2.1. Market Outlook
                     2.2. Segmental Outlook
                     2.3. Competitive Insights
Chapter 3. Folding Bicycle Market Variables, Trends & Scope
                     3.1. Market Introduction
                     3.2. Penetration & Growth Prospect Mapping
                     3.3. Industry Value Chain Analysis
                          3.3.1. Sales/Retail Channel Analysis
                          3.3.2. Profit Margin Analysis
                     3.4. Market Dynamics
                          3.4.1. Market Driver Analysis
                          3.4.2. Market Restraint Analysis
                          3.4.3. Industry Challenges
                          3.4.4. Industry Opportunities
                     3.5. Business Environment Analysis
                          3.5.1. Industry Analysis - Porter's
                               3.5.1.1. Supplier Power
                               3.5.1.2. Buyer Power
                               3.5.1.3. Substitution Threat
                               3.5.1.4. Threat from New Entrant 
                               3.5.1.5. Competitive Rivalry
                     3.6. Roadmap of Folding Bicycle Market
                     3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                     4.1. Consumer Trends and Preferences
                     4.2. Factors Affecting Buying Decision 
                     4.3. Consumer Type Adoption 
                     4.4. Observations & Recommendations
Chapter 5. Folding Bicycle Market: Product Estimates & Trend Analysis
                     5.1. Product Movement Analysis & Market Share, 2018 & 2025
                     5.2. Conventional
                          5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                     5.3. Electric
                          5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Folding Bicycle Market: Size Estimates & Trend Analysis
                     6.1. Size Movement Analysis & Market Share, 2018 & 2025
                     6.2. 20"
                          6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                     6.3. 24"
                          6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                     6.4. 26"
                          6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                     6.5. Others
                          6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Folding Bicycle Market: Distribution Channel Estimates & Trend Analysis
                     7.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
                     7.2. Online
                          7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                     7.3. Offline
                          7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 8. Folding Bicycle Market: Regional Estimates & Trend Analysis
                     8.1. Regional Movement Analysis & Market Share, 2018 & 2025
                     8.2. North America
                          8.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          8.2.3. Market estimates and forecast, by size, 2015 - 2025 (USD Million)
                          8.2.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          8.2.5. U.S.
                               8.2.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.2.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.2.5.3. Market estimates and forecast, by size, 2015 - 2025 (USD Million)
                               8.2.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                     8.3. Europe
                          8.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          8.3.3. Market estimates and forecast, by size, 2015 - 2025 (USD Million)
                          8.3.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          8.3.5. U.K.
                               8.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.3.5.3. Market estimates and forecast, by size, 2015 - 2025 (USD Million)
                               8.3.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          8.3.6. Germany
                               8.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.3.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.3.6.3. Market estimates and forecast, by size, 2015 - 2025 (USD Million)
                               8.3.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                     8.4. Asia Pacific
                          8.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          8.4.3. Market estimates and forecast, by size, 2015 - 2025 (USD Million)
                          8.4.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          8.4.5. China 
                               8.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.4.5.3. Market estimates and forecast, by size, 2015 - 2025 (USD Million)
                               8.4.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          8.4.6. Japan
                               8.4.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.4.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.4.6.3. Market estimates and forecast, by size, 2015 - 2025 (USD Million)
                               8.4.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                     8.5. Central & South America
                          8.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          8.5.3. Market estimates and forecast, by size, 2015 - 2025 (USD Million)
                          8.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          8.5.5. Brazil
                               8.5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.5.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.5.5.3. Market estimates and forecast, by size, 2015 - 2025 (USD Million)
                               8.5.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                     8.6. Middle East & Africa (MEA)
                          8.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          8.6.3. Market estimates and forecast, by size, 2015 - 2025 (USD Million)
                          8.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          8.6.5. South Africa
                               8.6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.6.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.6.5.3. Market estimates and forecast, by size, 2015 - 2025 (USD Million)
                               8.6.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
Chapter 9. Competitive Analysis
                     9.1. Key global players, recent developments & their impact on the industry
                     9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                     9.3. Vendor Landscape
                          9.3.1. Key company market share analysis, 2018
Chapter 10. Company Profiles
                     10.1. Dahon
                          10.1.1. Company Overview
                          10.1.2. Financial Performance
                          10.1.3. Product Benchmarking
                          10.1.4. Strategic Initiatives
                     10.2. Giant Bicycles
                          10.2.1. Company Overview
                          10.2.2. Financial Performance
                          10.2.3. Product Benchmarking
                          10.2.4. Strategic Initiatives
                     10.3. Helix
                          10.3.1. Company Overview
                          10.3.2. Financial Performance
                          10.3.3. Product Benchmarking
                          10.3.4. Strategic Initiatives
                     10.4. Bike Friday
                          10.4.1. Company Overview
                          10.4.2. Financial Performance
                          10.4.3. Product Benchmarking
                          10.4.4. Strategic Initiatives
                     10.5. Montague Bike
                          10.5.1. Company Overview
                          10.5.2. Financial Performance
                          10.5.3. Product Benchmarking
                          10.5.4. Strategic Initiatives
                     10.6. Brompton Bicycle, 
                          10.6.1. Company Overview
                          10.6.2. Financial Performance
                          10.6.3. Product Benchmarking
                          10.6.4. Strategic Initiatives
                     10.7. GOGOBIKE
                          10.7.1. Company Overview
                          10.7.2. Financial Performance
                          10.7.3. Product Benchmarking
                          10.7.4. Strategic Initiatives
                     10.8. Birdy Bike
                          10.8.1. Company Overview
                          10.8.2. Financial Performance
                          10.8.3. Product Benchmarking
                          10.8.4. Strategic Initiatives
                     10.9. FOREVER Bicycle
                          10.9.1. Company Overview
                          10.9.2. Financial Performance
                          10.9.3. Product Benchmarking
                          10.9.4. Strategic Initiatives
                     10.10. A-bike
                          10.10.1. Company Overview
                          10.10.2. Financial Performance
                          10.10.3. Product Benchmarking
                          10.10.4. Strategic Initiatives

List of Tables

1. Foldable Bicycle - Key market driver analysis
2. Foldable Bicycle - Key market restraint analysis
3. Global conventional folding bicycle market estimates and forecast, 2015 - 2025 (USD Million)
4. Global electric folding bicycle market estimates and forecast, 2015 - 2025 (USD Million)
5. Global folding bicycle market estimates and forecast for 20", 2015 - 2025 (USD Million)
6. Global folding bicycle market estimates and forecast for 24", 2015 - 2025 (USD Million)
7. Global folding bicycle market estimates and forecast for 26", 2015 - 2025 (USD Million)
8. Global folding bicycle market estimates and forecast for others, 2015 - 2025 (USD Million)
9. Global folding bicycle market estimates and forecast for online distribution channel, 2015 - 2025 (USD Million)
10. Global folding bicycle market estimates and forecast for offline distribution channel, 2015 - 2025 (USD Million)
11. North America folding bicycle market estimates and forecast, 2015 - 2025 (USD Million)
12. North America folding bicycle market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
13. North America folding bicycle market revenue estimates and forecast by size, 2015 - 2025 (USD Million)
14. North America folding bicycle market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
15. U.S. folding bicycle market estimates and forecast, 2015 - 2025 (USD Million)
16. U.S. folding bicycle market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
17. U.S. folding bicycle market revenue estimates and forecast by size, 2015 - 2025 (USD Million) 
18. U.S. folding bicycle market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
19. Europe folding bicycle market estimates and forecast, 2015 - 2025 (USD Million)
20. Europe folding bicycle market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
21. Europe folding bicycle market revenue estimates and forecast by size, 2015 - 2025 (USD Million) 
22. Europe folding bicycle market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
23. U.K. folding bicycle market estimates and forecast, 2015 - 2025 (USD Million)
24. U.K. folding bicycle market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
25. U.K. folding bicycle market revenue estimates and forecast by size, 2015 - 2025 (USD Million) 
26. U.K. folding bicycle market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
27. Germany folding bicycle market estimates and forecast, 2015 - 2025 (USD Million)
28. Germany folding bicycle market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
29. Germany folding bicycle market revenue estimates and forecast by size, 2015 - 2025 (USD Million) 
30. Germany folding bicycle market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
31. Asia Pacific folding bicycle market estimates and forecast, 2015 - 2025 (USD Million)
32. Asia Pacific folding bicycle market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
33. Asia Pacific folding bicycle market revenue estimates and forecast by size, 2015 - 2025 (USD Million) 
34. Asia Pacific folding bicycle market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
35. China folding bicycle market estimates and forecast, 2015 - 2025 (USD Million)
36. China folding bicycle market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
37. China folding bicycle market revenue estimates and forecast by size, 2015 - 2025 (USD Million) 
38. China folding bicycle market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
39. Japan folding bicycle market estimates and forecast, 2015 - 2025 (USD Million)
40. Japan folding bicycle market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
41. Japan folding bicycle market revenue estimates and forecast by size, 2015 - 2025 (USD Million) 
42. Japan folding bicycle market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
43. Central & South America folding bicycle market estimates and forecast, 2015 - 2025 (USD Million)
44. Central & South America folding bicycle market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
45. Central & South America folding bicycle market revenue estimates and forecast by size, 2015 - 2025 (USD Million) 
46. Central & South America folding bicycle market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
47. Brazil folding bicycle market estimates and forecast, 2015 - 2025 (USD Million)
48. Brazil folding bicycle market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
49. Brazil folding bicycle market revenue estimates and forecast by size, 2015 - 2025 (USD Million) 
50. Brazil folding bicycle market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
51. Middle East and Africa folding bicycle market estimates and forecast, 2015- 2025 (USD Million)
52. Middle East and Africa folding bicycle market revenue estimates and forecast by product, 2015- 2025 (USD Million)
53. Middle East and Africa folding bicycle market revenue estimates and forecast by size, 2015 - 2025 (USD Million) 
54. Middle East and Africa folding bicycle market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
55. South Africa folding bicycle market estimates and forecast, 2015 - 2025 (USD Million)
56. South Africa folding bicycle market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
57. South Africa folding bicycle market revenue estimates and forecast by size, 2015 - 2025 (USD Million) 
58. South Africa folding bicycle market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
59. Vendor landscape

List of Figures

1. Folding Bicycle market snapshot 
2. Folding Bicycle market segmentation & scope
3. Folding Bicycle market penetration & growth prospect mapping
4. Folding Bicycle value chain analysis
5. Folding Bicycle market dynamics
6. Folding Bicycle market Porter's analysis 
7. Folding Bicycle market: Product movement analysis 
8. Folding Bicycle market: Size movement analysis
9. Folding Bicycle market: Distribution Channel movement analysis