Folding Bike Market Share, Growth and Global Industry Analysis Report 2024-2032
IMARC Group, a leading market research company, has recently released report titled “ Folding Bike Market Report by Product Type (Vertical Fold, Mid-Fold, Triangle Hinge), Drive Type (Conventional, Electric), Size (20'', 24'', 26'', and Others), Price Range (Low, Economy, Premium), Distribution Channel (Offline, Online), and Region 2024-2032 ”, Offers a comprehensive analysis of the industry, which comprises insights on the global folding bike market . How Big is the Folding Bike Market? The global folding bike market size reached US$ 838.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,468.6 Million by 2032, exhibiting a growth rate (CAGR) of 6.3% during 2024-2032. Factors Affecting the Growth of the Folding Bike Industry: Supportive Government Initiatives and Incentives: Government initiatives and incentives are promoting the adoption of eco-friendly transportation options, such as folding bikes. These policies often include s...