The French cargo bike market is estimated at between €42 and €52 million in 2023. The global cargo bike market, valued at $900 million in 2022, is enjoying robust growth, with an expected CAGR of 9% through to 2032. Europe accounts for 42.2% of the global market, with sales estimated at between 400,000 and 500,000 units by 2022. The market is driven by electric cargo bikes. There are no European standards for cargo bikes. The rise of the cargo bike market in France Cargo bikes appeal to a wide range of users, from families to businesses, particularly in urban areas. In France, the market has grown more than tenfold in five years, reaching 33,000 units sold by 2022. Its value, ranging from €3.1 to €5.1 million in 2018, is estimated at €42.3 to €52.3 million in 2023. Electrically-assisted cargo bikes represent 3% of the electrically-assisted bicycle (EAB) market, with an average price of €4,118 in 2021. Cargo bikes are capable of meeting a variety of needs, such as urban cleaning, food s
