#FoldableBikeMarket
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Folding Bikes Market Forecast 2024 to 2032
Folding bikes, also known as foldable bikes or collapsible bikes, are a unique type of bicycle designed to be compact and easily folded into a more manageable size for storage and transport. These bikes are popular among urban commuters, travellers, and those with limited storage space.
The Folding Bikes Market was valued at USD 464.73 Million in 2022 and is expected to register CAGR of 6.87% by 2032.
As more people move into cities, space becomes a premium. Folding bikes can be stored easily in small apartments or carried onto public transportation, making them ideal for city living. This is a key factor expected to drive global market growth during the forecast period.
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