Cargo Bicycles Market: By Product (Two-Wheeled, Three-Wheeled, and Four-Wheeled), By Type (Electric, and Non-Electric), By Wheel Size (Below 20”, 20”-24”, 25”-28”, and Above 28”), By Application (Personal, Commercial: Courier & Parcel Service, Rental/Custom Fleets, Facility Maintenance, Waste, Municipal Services, and Others), and By Geographical Location (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), and Forecast To 2030.

Purchase Option

$ 4400
$ 6600
$ 8901

Cargo Bicycles Market was valued at USD 2,352.8 million in 2023 and is expected to grow at a CAGR of 11.3% from 2024-2030. A cargo bike, also known as a box bike, carrier cycle, freight bicycle, cycle truck, or freight trike, is a human-powered vehicle designed and constructed to transport cargo. Cargo space is typically fitted over one or both wheels, low behind the front tire, or between parallel wheels at the front or back of the vehicle. The frame and powertrain must be designed to withstand loads greater than those carried by a regular bicycle. In metropolitan areas, the increased need for freight delivery fleets, along with the need for environmentally safe transportation alternatives, has spurred demand for the global cargo bicycles market growth. Logistics and transportation are essential for ensuring flawless freight deliveries and simplifying deliveries in global urban infrastructure. Increased freight delivery and goods transportation have harmed the environment by worsening pollution, noise, traffic congestion, and vibration. These circumstances have disrupted the lives of city dwellers all around the world.

To address the challenges and ensure sustainable transportation practices, cargo bicycles are in high demand worldwide and are increasing the global cargo bicycle market size. These bicycles are an environmentally friendly alternative to traditional modes of transportation for last-mile delivery and general logistical services. They have the potential to dramatically reduce freight delivery trips and have an impact on the urban distribution system by providing low-cost, environmentally friendly alternatives to meet the delivery needs of small-surface stores. These factors are boosting the market for the global cargo bicycles market share. They are low-cost bicycles with cargo adaptations that generate reduced gas emissions and are more efficient in completing deliveries in key urban areas with circulation constraints. They also reduce the number of accidents and bring economic benefits to commercial establishments and couriers which are fueling the market.

Cargo Bicycles Market Summary

Study Period

2024 – 2030

Base Year

2023

CAGR

11.3%

Largest Market

Europe

Fastest Growing Market

Europe
Cargo Bicycles Market Dynamics

Home deliveries of goods and services have risen in popularity because of the epidemic and improvements in e-commerce. Similarly, organizations and sectors are investing more money in logistics and transportation to reduce downtime, save money, and increase customer satisfaction. Increased traffic congestion caused by an increase in the number of vehicles on the road and the urban population has affected the flow of goods. The most efficient approach to avoid traffic and deliver goods and services on time is to use cargo bicycles which has led to an increase in the cargo bicycles market.

Cargo Bicycles Market Segmentation

By Product
  • Two-Wheeled
  • Three-Wheeled
  • Four-Wheeled
By Type
  • Electric
  • Non-Electric
Wheel Size
  • Below 20”
  • 20”-24”
  • 25”-28”
  • Above 28”
By Application
  • Personal
  • Commercial

Frequently Asked Questions

Cargo Bicycles Market was valued at USD 2,352.8 million in 2023 and is expected to grow at a CAGR of 11.3% from 2024-2030.

Europe has dominated the market with the highest market share.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.
1. Executive Summary
2. Global Cargo Bicycles Market Introduction 
2.1.Global Cargo Bicycles Market  - Taxonomy
2.2.Global Cargo Bicycles Market  - Definitions
2.2.1.Product
2.2.2.Type
2.2.3.Wheel Size
2.2.4.Application
2.2.5.Region
3. Global Cargo Bicycles Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Cargo Bicycles Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Cargo Bicycles Market  By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Two-Wheeled
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Three-Wheeled
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Four-Wheeled
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Cargo Bicycles Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Electric
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Non-Electric
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global Cargo Bicycles Market  By Wheel Size, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Below 20”
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. 20”-24”
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. 25”-28”
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Above 28”
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8. Global Cargo Bicycles Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Below 20”
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. 20”-24”
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. 25”-28”
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Above 28”
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
9. Global Cargo Bicycles Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Cargo Bicycles Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Two-Wheeled
10.1.2.Three-Wheeled
10.1.3.Four-Wheeled
10.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Electric
10.2.2.Non-Electric
10.3.  Wheel Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Below 20”
10.3.2.20”-24”
10.3.3.25”-28”
10.3.4.Above 28”
10.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Below 20”
10.4.2.20”-24”
10.4.3.25”-28”
10.4.4.Above 28”
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Cargo Bicycles Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Two-Wheeled
11.1.2.Three-Wheeled
11.1.3.Four-Wheeled
11.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Electric
11.2.2.Non-Electric
11.3.  Wheel Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Below 20”
11.3.2.20”-24”
11.3.3.25”-28”
11.3.4.Above 28”
11.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Below 20”
11.4.2.20”-24”
11.4.3.25”-28”
11.4.4.Above 28”
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12. Asia Pacific (APAC) Cargo Bicycles Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Two-Wheeled
12.1.2.Three-Wheeled
12.1.3.Four-Wheeled
12.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Electric
12.2.2.Non-Electric
12.3.  Wheel Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Below 20”
12.3.2.20”-24”
12.3.3.25”-28”
12.3.4.Above 28”
12.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Below 20”
12.4.2.20”-24”
12.4.3.25”-28”
12.4.4.Above 28”
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13. Middle East and Africa (MEA) Cargo Bicycles Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Two-Wheeled
13.1.2.Three-Wheeled
13.1.3.Four-Wheeled
13.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Electric
13.2.2.Non-Electric
13.3.  Wheel Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Below 20”
13.3.2.20”-24”
13.3.3.25”-28”
13.3.4.Above 28”
13.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Below 20”
13.4.2.20”-24”
13.4.3.25”-28”
13.4.4.Above 28”
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Cargo Bicycles Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Two-Wheeled
14.1.2.Three-Wheeled
14.1.3.Four-Wheeled
14.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Electric
14.2.2.Non-Electric
14.3.  Wheel Size Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Below 20”
14.3.2.20”-24”
14.3.3.25”-28”
14.3.4.Above 28”
14.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Below 20”
14.4.2.20”-24”
14.4.3.25”-28”
14.4.4.Above 28”
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Smart Urban Mobility B.V.
15.2.2.Xtracycle
15.2.3.Tern
15.2.4.Rad Power Bicycles
15.2.5.Worksman Cycles
15.2.6.Yuba Bicycles LLC
15.2.7.Cycles Maximus Ltd
15.2.8.Triobicycle A/S
15.2.9.Elian Cycles
15.2.10.Surly Bicycles
15.2.11.Specialized Bicycles
15.2.12.Smoor
16. Research Methodology 
17. Appendix and Abbreviations 
  • Smart Urban Mobility B.V.
  • Xtracycle
  • Tern
  • Rad Power Bicycles
  • Worksman Cycles
  • Yuba Bicycles LLC
  • Cycles Maximus Ltd
  • Triobicycle A/S
  • Elian Cycles
  • Surly Bicycles
  • Specialized Bicycles
  • Smoor

Adjacent Markets