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Global Cargo Bike Market Analysis 2024-2034
The cargo bike market is poised for substantial growth in the coming decade. Starting with an estimated value of USD 7.92 billion in 2024, the market is expected to expand rapidly, reaching USD 27.18 billion by 2034, growing at a robust CAGR of 13.1%. This surge is being driven by the increasing demand for eco-friendly transportation solutions in urban areas, where traffic congestion and high pollution levels make traditional delivery methods less viable.
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5470
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Automotive
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