접이식 자전거 시장 기회, 성장 촉진요인, 산업 동향 분석 및 예측(2025-2034년)

The Global Folding Bicycle Market was valued at USD 1.1 billion in 2024 and is estimated to grow at a CAGR of 8.3% to reach USD 2.3 billion by 2034. Increasing urbanization and vehicle ownership are making city congestion and limited parking major obstacles for commuters. As cities continue to grow, residents are looking for practical, space-saving alternatives to traditional transport. Folding bicycles are emerging as a go-to solution, offering a convenient way to move through traffic while eliminating the stress of finding parking. Their compact size and lightweight frames allow users to carry them into buildings, offices, or public transit systems, significantly enhancing urban mobility and daily convenience.

One of the key factors behind this market's rapid growth is the integration of folding bicycles with public transportation. These bikes are becoming an essential part of multi-modal commuting, allowing riders to travel to transit stations, fold and carry their bikes onboard, and continue riding after disembarking. This seamless transition between cycling and public transport supports sustainable travel habits and helps reduce the reliance on cars. Urban dwellers are prioritizing efficiency and environmental responsibility, and folding bikes are ticking both boxes. As more cities invest in infrastructure that supports clean transport solutions, folding bicycles are becoming integral to eco-friendly commuting.

Material selection plays a critical role in the performance and appeal of folding bicycles. In 2024, aluminum-based folding bicycles captured approximately 57.7% of the market and are expected to grow at a CAGR of over 8.7% through 2034. Aluminum frames strike a balance between strength, affordability, and portability. They are lightweight yet durable enough to handle rough city streets, uneven paths, and regular usage. Aluminum also resists corrosion, making it a practical choice for bikes exposed to diverse weather conditions. Manufacturers are continually improving frame designs with innovations like hydroformed tubing, hidden cable routing, and fast-folding mechanisms, ensuring these bikes remain attractive to consumers who prioritize both performance and style. As demand grows, aluminum remains the material of choice for most urban commuters due to its affordability and reliability.

The folding bicycle market is segmented by distribution channel into offline, online, and direct sales. Offline sales held the largest share in 2024, accounting for 53.8% of the market, and are projected to grow at over 8.7% CAGR during the forecast period. In-store purchases are popular because they allow customers to physically inspect and test ride the bikes before making a decision. Many consumers prefer to assess the folding mechanism, frame quality, and comfort in person. Retail outlets also offer services such as custom fitting, expert consultations, and on-site repairs, all of which enhance the overall buying experience and build long-term customer loyalty. Physical stores located in busy cities are especially effective in driving sales, thanks to their accessibility and the growing interest in bikes suited for urban commuting.

Among product types, electric folding bicycles are expected to lead market growth due to increasing urbanization, rising awareness of sustainable transport, and ongoing improvements in battery technology. These models combine compact design with electric power assistance, making them a popular choice for those tackling long commutes or hilly terrain. Commuters value their portability and the added ease provided by motorized support. These electric folding models are ideal for mixed-mode commuting, where users ride part of the journey and carry the folded bike during transit. Recent innovations include lighter motors, faster-charging lithium batteries, integrated tech interfaces, and app-based controls-features that enhance convenience and user satisfaction. As more consumers look for smarter, greener commuting options, electric folding bicycles continue to gain traction.

In terms of regional markets, China accounted for roughly 36.6% of the global folding bicycle market in 2024, generating around USD 210 million in revenue. The country's dominance is driven by rapid urban development, increasing traffic congestion, and heightened environmental awareness. Folding bicycles offer a practical and sustainable alternative to traditional transportation, especially in crowded cities where maneuverability and compact storage are highly valued. Supportive government policies, investments in green mobility, and a well-developed manufacturing ecosystem have created favorable conditions for growth. Local manufacturers continue to develop advanced, tech-integrated folding bicycles tailored to urban needs, solidifying the country's position as a global leader in this market.

Folding bicycle manufacturers are increasingly focused on addressing urban transportation challenges by creating bikes that are lightweight, durable, and efficient. Materials such as carbon fiber, titanium, and high-strength steel are being used to improve structural stability without adding unnecessary weight. These materials also enhance comfort, safety, and overall performance across varied terrain. On the innovation front, companies are integrating smart technologies, improving folding mechanisms, and offering hybrid options that cater to evolving urban lifestyles. As consumer expectations shift toward eco-conscious, tech-friendly, and portable mobility, the folding bicycle market is positioned for substantial long-term growth.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Research design
  • 1.1.1 Research approach
  • 1.1.2 Data collection methods
• 1.2 Base estimates and calculations
  • 1.2.1 Base year calculation
  • 1.2.2 Key trends for market estimates
• 1.3 Forecast model
• 1.4 Primary research & validation
  • 1.4.1 Primary sources
  • 1.4.2 Data mining sources
• 1.5 Market definitions

Chapter 2 Executive Summary

• 2.1 Industry 360⁰ synopsis, 2021 - 2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
• 3.2 Supplier landscape
  • 3.2.1 Raw material suppliers
  • 3.2.2 Component Suppliers
  • 3.2.3 Manufacturers
  • 3.2.4 Technology Providers
  • 3.2.5 Service Providers
  • 3.2.6 Distribution channel
  • 3.2.7 End use
• 3.3 Impact of Trump administration tariffs
  • 3.3.1 Trade impact
    • 3.3.1.1 Trade volume disruptions
    • 3.3.1.2 Retaliatory measures
  • 3.3.2 Impact on industry
    • 3.3.2.1 Supply-side impact (raw materials)
      • 3.3.2.1.1 Price volatility in key materials
      • 3.3.2.1.2 Supply chain restructuring
      • 3.3.2.1.3 Production cost implications
    • 3.3.2.2 Demand-side impact (Cost to customers)
      • 3.3.2.2.1 Price transmission to end markets
      • 3.3.2.2.2 Market share dynamics
      • 3.3.2.2.3 Consumer response patterns
  • 3.3.3 Key companies impacted
  • 3.3.4 Strategic industry responses
    • 3.3.4.1 Supply chain reconfiguration
    • 3.3.4.2 Pricing and product strategies
    • 3.3.4.3 Policy engagement
  • 3.3.5 Outlook & future considerations
• 3.4 Profit margin analysis
• 3.5 Technology & innovation landscape
• 3.6 Patent analysis
• 3.7 Key news & initiatives
• 3.8 Regulatory landscape
• 3.9 Pricing analysis
  • 3.9.1 Propulsion
  • 3.9.2 Region
• 3.10 Impact on forces
  • 3.10.1 Growth drivers
    • 3.10.1.1 Urban congestion & limited parking
    • 3.10.1.2 Growing public transportation integration
    • 3.10.1.3 Increased health & fitness consciousness
    • 3.10.1.4 Workplace & corporate adoption
  • 3.10.2 Industry pitfalls & challenges
    • 3.10.2.1 High initial cost for premium models
    • 3.10.2.2 Complexity of maintenance and repairs
• 3.11 Growth potential analysis
• 3.12 Porter's analysis
• 3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Product, 2021 - 2034 ($Mn, Units)

• 5.1 Key trends
• 5.2 Manual folding
• 5.3 Electric folding
• 5.4 Hybrid folding
• 5.5 Compact folding
• 5.6 Full-Suspension folding

Chapter 6 Market Estimates & Forecast, By Material, 2021 - 2034 ($Mn, Units)

• 6.1 Key trends
• 6.2 Aluminium
• 6.3 Steel
• 6.4 Carbon fiber
• 6.5 Titanium

Chapter 7 Market Estimates & Forecast, By Price Range, 2021 - 2034 ($Mn, Units)

• 7.1 Key trends
• 7.2 Low
• 7.3 Economy
• 7.4 Premium

Chapter 8 Market Estimates & Forecast, By Distribution Channel, 2021 - 2034 ($Mn, Units)

• 8.1 Key trends
• 8.2 Online
• 8.3 Offline
• 8.4 Direct sales

Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2034 ($Mn, Units)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
• 9.3 Europe
  • 9.3.1 UK
  • 9.3.2 Germany
  • 9.3.3 France
  • 9.3.4 Italy
  • 9.3.5 Spain
  • 9.3.6 Russia
  • 9.3.7 Nordics
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 India
  • 9.4.3 Japan
  • 9.4.4 South Korea
  • 9.4.5 ANZ
  • 9.4.6 Southeast Asia
• 9.5 Latin America
  • 9.5.1 Brazil
  • 9.5.2 Mexico
  • 9.5.3 Argentina
• 9.6 MEA
  • 9.6.1 UAE
  • 9.6.2 Saudi Arabia
  • 9.6.3 South Africa

Chapter 10 Company Profiles

• 10.1 A-bike
• 10.2 Bickerton Portables
• 10.3 Bike Friday
• 10.4 Birdy Bike
• 10.5 Bobbin Bicycles
• 10.6 Brompton Bicycle
• 10.7 Dahon
• 10.8 Decathlon
• 10.9 FOREVER Bicycle
• 10.10 Giant Bicycles
• 10.11 Gocycle (Karbon Kinetics)
• 10.12 GOGOBIKE
• 10.13 Helix
• 10.14 Hummingbird Bike Company
• 10.15 Ming Cycle Industrial
• 10.16 Montague Bike
• 10.17 Oyama Power Sports
• 10.18 Pacific Cycles
• 10.19 Raleigh UK (Accell Group)
• 10.20 Tern Bicycles