Global foldable smartphone shipments are expected to reach 18.2 million units in 2025, representing a 6% year-on-year increase—the lowest growth rate in recent years. In the first half of 2026, shipments totaled 5.1 million units, down 21.6% year-on-year, with clamshell models declining by 47% and book-style models remaining largely flat. After slowing in 2025, the market is projected to return to rapid growth from 2026 to 2028, with annual increases exceeding 20%. By 2028, the market size is expected to reach 36 million units. The "wide-fold" category pioneered by Huawei's Pura X Max has emerged as a key driver of market growth, with leading manufacturers raising their production targets for this segment this year and more vendors set to enter the competition.