The global cargo bike market is expected to attain a valuation of USD 2.1 Billion in 2023 and is projected to reach USD 4.2 Billion by 2033, expected to rise at a CAGR of 11.6% during the forecast period. Demand in the United States…
Tag: Cargo Bike Market
The global demand for cargo bikes is expected to rise at 10.8% year-on-year in 2021 with sales reaching over US$ 900 million. Future Market Insights (FMI) projects the cargo bike market to grow at 11.6% CAGR between 2021 and 2031. With the rise of e-commerce operations, logistical flows…
The global demand for cargo bikes is expected to rise at 10.8% year-on-year in 2021 with sales reaching over US$ 900 million. Future Market Insights (FMI) projects the cargo bike market to grow at 11.6% CAGR between 2021 and 2031. With the rise of e-commerce operations, logistical flows…
The electric cargo bike and cycle logistics industry rises up as a non-congested, sustainable, practical, and inclusive option for family vehicles, general logistical service provision, and first and last-mile deliveries as cities struggle to cope with traffic congestion. This causes air and noise pollution…