LAMEA Electric Cargo Bike Market Size, Share & Trends Analysis Report By Range, By Application (Personal Use, Delivery & Courier, Waste & Municipal Services, and Others), By Type (Front Loader and Longtail), By Country and Growth Forecast, 2024 - 2031

The Latin America, Middle East and Africa Electric Cargo Bike Market would witness market growth of 14.1% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Electric Cargo Bike Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $116 million by 2031. The Argentina market is registering a CAGR of 15.3% during (2024 - 2031). Additionally, The UAE market would capture a CAGR of 13.5% during (2024 - 2031).

Electric cargo bikes are increasingly recognized for their cost-effectiveness compared to traditional delivery vehicles. One key factor contributing to their lower overall costs is their reduced maintenance requirements. Unlike traditional vehicles that rely on complex internal combustion engines, electric cargo bikes have fewer moving parts and simpler mechanical systems, resulting in lower maintenance costs over their lifespan. This makes them an attractive option for businesses looking to minimize operating expenses.

Another significant cost-saving aspect of electric cargo bikes is their lack of fuel expenses. In regions with high fuel prices, the frequent refuelling requirements of conventional delivery vehicles (e.g., vans and trucks) can be a significant operational expense. As an alternative, electric cargo bikes are propelled by rechargeable batteries that are electrically charged; this makes them a significantly more economical and reliable fuel source. This makes electric cargo bikes a cost-effective alternative for businesses seeking to reduce fuel expenses and overall operating costs.

Due to sustainability initiatives, urban congestion, and the expansion of e-commerce, countries such as the United Arab Emirates (UAE) are observing the electric cargo bike market expand in the Middle East. The e-commerce sector in the United Arab Emirates (UAE), which comprises 10% of total retail sales and increased by 53% in 2020 to a record $3.9 billion, is the largest in the Gulf Cooperation Council (GCC), according to the International Trade Administration.

In the first quarter of 2023, the e-commerce sector in the Kingdom of Saudi Arabia experienced an unprecedented annual growth rate of more than 32 percent. Furthermore, the expansion of the Middle Eastern market is being bolstered by governmental endeavours aimed at promoting sustainable transportation and electric vehicles. Therefore, owing to all the aforementioned factors, the demand for electric cargo bikes is expected to increase in the LAMEA region, providing an opportunity for further market development.

Free Valuable Insights: The Worldwide Electric Cargo Bike Market is Projected to reach USD 5.7 Billion by 2031, at a CAGR of 11.5%

Based on Range, the market is segmented into Less than 50 km and More than 50 km. Based on Application, the market is segmented into Personal Use, Delivery & Courier, Waste & Municipal Services, and Others. Based on Type, the market is segmented into Front Loader and Longtail. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• Yuba Bikes
• Mobility Holdings, Limited (Tern)
• Amsterdam Bicycle Company BV
• Avant Enterprises, Inc. (Aventon)
• Priority Outdoor Products, LLC
• Riese & Müller GmbH
• Bunch Bikes, Inc.
• Pon Holdings B.V. (Houdstermaatschappij Wilg B.V.)
• Rad Power Bikes Inc.
• RYTLE Mobility GmbH

LAMEA Electric Cargo Bike Market Report Segmentation

By Range

• Less than 50 km
• More than 50 km

By Application

• Personal Use
• Delivery & Courier
• Waste & Municipal Services
• Others

By Type

• Front Loader
• Longtail

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Electric Cargo Bike Market, by Range
1.4.2 LAMEA Electric Cargo Bike Market, by Application
1.4.3 LAMEA Electric Cargo Bike Market, by Type
1.4.4 LAMEA Electric Cargo Bike Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. LAMEA Electric Cargo Bike Market by Range
4.1 LAMEA Less than 50 km Market by Country
4.2 LAMEA More than 50 km Market by Country

Chapter 5. LAMEA Electric Cargo Bike Market by Application
5.1 LAMEA Personal Use Market by Country
5.2 LAMEA Delivery & Courier Market by Country
5.3 LAMEA Waste & Municipal Services Market by Country
5.4 LAMEA Others Market by Country

Chapter 6. LAMEA Electric Cargo Bike Market by Type
6.1 LAMEA Front Loader Market by Country
6.2 LAMEA Longtail Market by Country

Chapter 7. LAMEA Electric Cargo Bike Market by Country
7.1 Brazil Electric Cargo Bike Market
7.1.1 Brazil Electric Cargo Bike Market by Range
7.1.2 Brazil Electric Cargo Bike Market by Application
7.1.3 Brazil Electric Cargo Bike Market by Type
7.2 Argentina Electric Cargo Bike Market
7.2.1 Argentina Electric Cargo Bike Market by Range
7.2.2 Argentina Electric Cargo Bike Market by Application
7.2.3 Argentina Electric Cargo Bike Market by Type
7.3 UAE Electric Cargo Bike Market
7.3.1 UAE Electric Cargo Bike Market by Range
7.3.2 UAE Electric Cargo Bike Market by Application
7.3.3 UAE Electric Cargo Bike Market by Type
7.4 Saudi Arabia Electric Cargo Bike Market
7.4.1 Saudi Arabia Electric Cargo Bike Market by Range
7.4.2 Saudi Arabia Electric Cargo Bike Market by Application
7.4.3 Saudi Arabia Electric Cargo Bike Market by Type
7.5 South Africa Electric Cargo Bike Market
7.5.1 South Africa Electric Cargo Bike Market by Range
7.5.2 South Africa Electric Cargo Bike Market by Application
7.5.3 South Africa Electric Cargo Bike Market by Type
7.6 Nigeria Electric Cargo Bike Market
7.6.1 Nigeria Electric Cargo Bike Market by Range
7.6.2 Nigeria Electric Cargo Bike Market by Application
7.6.3 Nigeria Electric Cargo Bike Market by Type
7.7 Rest of LAMEA Electric Cargo Bike Market
7.7.1 Rest of LAMEA Electric Cargo Bike Market by Range
7.7.2 Rest of LAMEA Electric Cargo Bike Market by Application
7.7.3 Rest of LAMEA Electric Cargo Bike Market by Type

Chapter 8. Company Profiles
8.1 Yuba Bikes
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Product Launches and Product Expansions:
8.2 Mobility Holdings, Limited (Tern)
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.2.2.2 Product Launches and Product Expansions:
8.3 Avant Enterprises, Inc. (Aventon)
8.3.1 Company Overview
8.4 Priority Outdoor Products, LLC
8.4.1 Company Overview
8.5 Riese & Müller GmbH
8.5.1 Company Overview
8.6 Bunch Bikes, Inc.
8.6.1 Company Overview
8.7 Pon Holdings B.V. (Houdstermaatschappij Wilg B.V.)
8.7.1 Company Overview
8.8 Rad Power Bikes Inc.
8.8.1 Company Overview
8.9 RYTLE Mobility GmbH
8.9.1 Company Overview

TABLE 1 LAMEA Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 4 LAMEA Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 5 LAMEA Less than 50 km Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Less than 50 km Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA More than 50 km Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA More than 50 km Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 10 LAMEA Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 11 LAMEA Personal Use Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Personal Use Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Delivery & Courier Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Delivery & Courier Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Waste & Municipal Services Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Waste & Municipal Services Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 20 LAMEA Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 21 LAMEA Front Loader Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Front Loader Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Longtail Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Longtail Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Electric Cargo Bike Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Electric Cargo Bike Market by Country, 2024 - 2031, USD Million
TABLE 27 Brazil Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 28 Brazil Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 29 Brazil Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 30 Brazil Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 31 Brazil Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 32 Brazil Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 33 Brazil Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 34 Brazil Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 35 Argentina Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 36 Argentina Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 37 Argentina Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 38 Argentina Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 39 Argentina Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 40 Argentina Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 41 Argentina Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 42 Argentina Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 43 UAE Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 44 UAE Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 45 UAE Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 46 UAE Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 47 UAE Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 48 UAE Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 49 UAE Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 50 UAE Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 51 Saudi Arabia Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 52 Saudi Arabia Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 53 Saudi Arabia Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 54 Saudi Arabia Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 55 Saudi Arabia Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 56 Saudi Arabia Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 57 Saudi Arabia Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 58 Saudi Arabia Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 59 South Africa Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 60 South Africa Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 61 South Africa Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 62 South Africa Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 63 South Africa Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 64 South Africa Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 65 South Africa Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 66 South Africa Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 67 Nigeria Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 68 Nigeria Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 69 Nigeria Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 70 Nigeria Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 71 Nigeria Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 72 Nigeria Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 73 Nigeria Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 74 Nigeria Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 75 Rest of LAMEA Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 76 Rest of LAMEA Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 77 Rest of LAMEA Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 78 Rest of LAMEA Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 79 Rest of LAMEA Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 80 Rest of LAMEA Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 81 Rest of LAMEA Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 82 Rest of LAMEA Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 83 Key Information – Yuba Bikes
TABLE 84 Key Information – Mobility Holdings, Limited
TABLE 85 Key Information – Avant Enterprises, Inc.
TABLE 86 Key Information – Priority Outdoor Products, LLCd
TABLE 87 Key Information – Riese & Müller GmbH
TABLE 88 Key Information – Bunch Bikes, Inc.
TABLE 89 Key Information – Pon Holdings B.V.
TABLE 90 Key Information – Rad Power Bikes Inc.
TABLE 91 Key Information – RYTLE Mobility GmbH

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Electric Cargo Bike Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Electric Cargo Bike Market
FIG 4 Porter’s Five Forces Analysis – Electric Cargo Bike Market
FIG 5 LAMEA Electric Cargo Bike Market share by Range, 2023
FIG 6 LAMEA Electric Cargo Bike Market share by Range, 2031
FIG 7 LAMEA Electric Cargo Bike Market by Range, 2020 - 2031, USD Million
FIG 8 LAMEA Electric Cargo Bike Market share by Application, 2023
FIG 9 LAMEA Electric Cargo Bike Market share by Application, 2031
FIG 10 LAMEA Electric Cargo Bike Market by Application, 2020 - 2031, USD Million
FIG 11 LAMEA Electric Cargo Bike Market share by Type, 2023
FIG 12 LAMEA Electric Cargo Bike Market share by Type, 2031
FIG 13 LAMEA Electric Cargo Bike Market by Type, 2020 - 2031, USD Million
FIG 14 LAMEA Electric Cargo Bike Market share by Country, 2023
FIG 15 LAMEA Electric Cargo Bike Market share by Country, 2031
FIG 16 LAMEA Electric Cargo Bike Market by Country, 2020 - 2031, USD Million
FIG 17 Recent strategies and developments: Mobility Holdings, Limited