The global cargo bike market is witnessing steady expansion as cities, businesses, and consumers increasingly seek sustainable and efficient transportation solutions. Valued at US$ 2.9 Bn in 2022, the market is projected to grow at a CAGR of 5.2% from 2023 to 2031, reaching approximately US$ 4.6 Bn by 2031. Growing e-commerce activity, rising demand for last-mile delivery, and increasing...
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