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The future of the global folding bicycle market looks promising with opportunities in online and offline segments. The global folding bicycle market is expected to grow with a CAGR of 8%-10% from 2021 to 2026. The major drivers for this market are increasing disposable income, growing urbanization, and increased number of cycling paths.
Emerging trends, which have a direct impact on the dynamics of the industry, include shift in customer trend towards healthy lifestyle and fitness, implementation of government regulations to encourage the use of electric bikes and improvement in bicycling infrastructure and battery technology.
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