As the world struggles to cope up with the global coronavirus pandemic, more and more people are looking for ways and means to bolster their immune system. While people have to follow the regular advisory of washing hands regularly, it is also the right time to strengthen the immune system to sustain situations.
For years now, cycling has been considered a great form of exercise. Studies have found that regular cycling can boost the immune system and keep diseases at bay. Cycling is a cardio exercise which keeps the heart stronger and tones the body.
Options like folding e-bikes are proving to be great choices considering their portability that makes them a suitable way to cycle around cities.Folding e-bikes have become one of the fastest-growing sectors in the bicycle industry. At present, one out of every 10 bicycles produced around the world each year is a folding one.
The folding bike manufacturers are also quick to make the most of the recent trend towards e-bikes. Taiwan, dubbed Bicycle Kingdom, witnessed the rage. As per data from the Customs Administration of the Ministry of Finance, Taiwan’s e-bike exports for 2019 reached a record high of 647,860 units, registering 126.21% growth in comparison to 2018. The total export amount came to US$863 million while the average export unit price rose to US$1,333.
The benefits of folding e-bikes are legion. The major ones include their ability to switch to bicycle mode when you want to exercise, and switching to electric mode when you want to relax. Folding e-bikes have long been popular in large cities in Europe and Asia where most people live in apartments with few storage options.
At a time when exercise is a major way to boost immunity, the popularity of folding e-bikes for cycling could rise majorly. Likewise, with a spike in global environmental awareness, the e-bike market is also experiencing more growth. Taiwanese brands like Pacific Cycles and Darfon Innovation have come up with cutting-edge folding bikes that include some stellar features.
Mark Wu, Executive Director of TAITRA’s Strategic Marketing Department said, “This is the time when it is extremely important to boost the immunity of the body. One activity that can strengthen the immune system is cycling. Folding e-bikes are innovative options that are gaining increasing popularity globally.”
The global folding e-bike market amounted to US$514.5 million in 2018 and the growth rate is expected to register a CAGR of 8.8% over the forecast period.