Robust Growth Ahead: Cargo Bike Market to Hit USD 4.2 Billion by 2033, with a CAGR of 11.6% | FMI Reports

The global cargo bike market is projected to reach USD 2.1 billion in 2023 and is expected to grow to USD 4.2 billion by 2033, with a compound annual growth rate (CAGR) of 11.6% throughout the forecast period. In the United States, demand for cargo bikes is anticipated to rise at a CAGR of 9.5% …