The global folding bikes market size was valued at USD 937.3 million in 2021 and is poised to grow at a significant CAGR of 10.9% during the forecast period 2022–2028. The market for folding bikes is anticipated to develop due to consumer preference for e-bikes as an effective and environmentally friendly method of transportation. Because of advancements in performance and design, as well as economic and environmental factors, in general, electric bikes and bicycles are growing in popularity across all continents.