Cargo Bike Market expected to reach US$ 900 Mn & ~ 11.6% CAGR through 2021-2031

With the rise of e-commerce operations, logistical flows are witnessing significant expansion, creating transport and time-sensitive operational challenges. According to a recent report by Future Market Insights (FMI), the global cargo bike market is projected to expand at CAGR of around 11.6% over the forecast period 2021-2031. Sustainable urban logistics development is becoming increasingly vital to keep up with …