Conveyor Belt Market By Belt Type, By Installation Type, By End User : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Conveyor Belt Market," The conveyor belt market was valued at $5.1 billion in 2022, and is estimated to reach $8.3 billion by 2032, growing at a CAGR of 4.9% from 2023 to 2032. Conveyor belts are major components of the conveyor system which is a major piece of equipment in any industry which handles individual goods during and after processing, and also in warehouses and storage facilities. Airports and other places where a large number of baggage are handled also use conveyor systems equipped with conveyor belts. Conveyor belts are flexible belts typically made of synthetic or natural rubber.

A conveyor belt is an indistinguishable component in most manufacturing facilities across the world. Sectors such as pharmaceuticals, consumer products, consumer electronics, and various others have witnessed a notable rise, which has positively affected the market for conveyor belts. In addition, the rising demand for mined products, for energy generation, for use in construction, or various other uses in the manufacturing sector has positively affected the mining industry. Additionally, rising number of automated warehouses, driven by the growing e-commerce sector is also positively affecting the conveyor belts market. However, the high and fluctuating cost of raw materials are major restraints in the growth of the market. Furthermore, a rise in the number of small-scale industries in emerging economies is anticipated to provide lucrative opportunities for the growth of the conveyor belt market.

Furthermore, the price of oil & gas and the price of raw materials are experiencing increased volatility globally, due to a rise in inflation mainly driven by Ukraine-Russia war. This has led to slow-paced growth of the conveyor belt market and its related industries.

The conveyor belt market is segmented on the basis of belt type, installation type, end user, and region. By belt type, the market is divided into lightweight, medium-weight, and heavy-weight. Depending upon the installation type, the market is categorized into overhead, and floor. On the basis of end user, it is divided retail, food and beverage, automotive, manufacturing, transport and logistics, and others. Region-wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Competition Analysis

Key companies profiled in the conveyor belt market report include THE YOKOHAMA RUBBER CO., LTD., Bridgestone Corporation, Continental Belting Pvt. Ltd., Volta Belting Technology, Bando Chemical Industries, Ltd., SIG Societ Italiana Gomma S.p.A., Trenn- und Sortiertechnik GmbH, HUANAN XINHAI (SHENZHEN) TECHNOLOGY CO., LTD., Elcon Elastomers Pvt. Ltd.,and Michelin Group (Fenner Conveyors). The major players that operate in the global market have adopted key strategies such as business expansion, and product launch to strengthen their market outreach and sustain the stiff competition in the market.

Key benefits for stakeholders

The report provides an extensive analysis of the current and emerging conveyor belt market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2022 and 2032.
Extensive analysis of the conveyor belt market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The global conveyor belt market forecast analysis from 2023 to 2032 is included in the report.
Key market players within the conveyor belt market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the conveyor belt industry.

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Capital Investment breakdown
Go To Market Strategy
Market share analysis of players by products/segments
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Average Selling Price Analysis / Price Point Analysis
Brands Share Analysis
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Market share analysis of players at global/region/country level
SWOT Analysis
Volume Market Size and Forecast

Key Market Segments

By Belt Type

Light-weight
Medium-weight
Heavy-weight

By Installation Type

Overhead
Floor

By End User

Retail
Food and Beverage
Automotive
Manufacturing
Transport and Logistics
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

THE YOKOHAMA RUBBER CO., LTD.
Bridgestone Corporation
Continental Belting Pvt. Ltd.
Volta Belting Technology
Bando Chemical Industries, Ltd.
SIG Societ Italiana Gomma S.p.A.
Trenn- und Sortiertechnik GmbH
HUANAN XINHAI (SHENZHEN) TECHNOLOGY CO., LTD.
Elcon Elastomers Pvt. Ltd.
Michelin Group (Fenner Conveyors)

Product Code: A03981

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Growth in manufacturing sector
  - 3.4.1.2. Growth of mining industry
  - 3.4.1.3. Rise in number of automated warehouses

3.4.2. Restraints
- 3.4.2.1. Government restrictions on rubber products
- 3.4.2.2. Safety concerns associated with conveyor belts

3.4.3. Opportunities
- 3.4.3.1. Rise in the number of small-scale industries in emerging economies

3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: CONVEYOR BELT MARKET, BY BELT TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Light-weight
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Medium-weight
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Heavy-weight
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country

CHAPTER 5: CONVEYOR BELT MARKET, BY INSTALLATION TYPE

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Overhead
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Floor
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: CONVEYOR BELT MARKET, BY END USER

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Retail
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Food and Beverage
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Automotive
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
6.5. Manufacturing
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
6.6. Transport and Logistics
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by region
- 6.6.3. Market share analysis by country
6.7. Others
- 6.7.1. Key market trends, growth factors and opportunities
- 6.7.2. Market size and forecast, by region
- 6.7.3. Market share analysis by country

CHAPTER 7: CONVEYOR BELT MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Belt Type
- 7.2.3. Market size and forecast, by Installation Type
- 7.2.4. Market size and forecast, by End User
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Market size and forecast, by Belt Type
  - 7.2.5.1.2. Market size and forecast, by Installation Type
  - 7.2.5.1.3. Market size and forecast, by End User
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Market size and forecast, by Belt Type
  - 7.2.5.2.2. Market size and forecast, by Installation Type
  - 7.2.5.2.3. Market size and forecast, by End User
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Market size and forecast, by Belt Type
  - 7.2.5.3.2. Market size and forecast, by Installation Type
  - 7.2.5.3.3. Market size and forecast, by End User
7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Belt Type
- 7.3.3. Market size and forecast, by Installation Type
- 7.3.4. Market size and forecast, by End User
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. Germany
  - 7.3.5.1.1. Market size and forecast, by Belt Type
  - 7.3.5.1.2. Market size and forecast, by Installation Type
  - 7.3.5.1.3. Market size and forecast, by End User
  - 7.3.5.2. UK
  - 7.3.5.2.1. Market size and forecast, by Belt Type
  - 7.3.5.2.2. Market size and forecast, by Installation Type
  - 7.3.5.2.3. Market size and forecast, by End User
  - 7.3.5.3. France
  - 7.3.5.3.1. Market size and forecast, by Belt Type
  - 7.3.5.3.2. Market size and forecast, by Installation Type
  - 7.3.5.3.3. Market size and forecast, by End User
  - 7.3.5.4. Italy
  - 7.3.5.4.1. Market size and forecast, by Belt Type
  - 7.3.5.4.2. Market size and forecast, by Installation Type
  - 7.3.5.4.3. Market size and forecast, by End User
  - 7.3.5.5. Rest of Europe
  - 7.3.5.5.1. Market size and forecast, by Belt Type
  - 7.3.5.5.2. Market size and forecast, by Installation Type
  - 7.3.5.5.3. Market size and forecast, by End User
7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Belt Type
- 7.4.3. Market size and forecast, by Installation Type
- 7.4.4. Market size and forecast, by End User
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Market size and forecast, by Belt Type
  - 7.4.5.1.2. Market size and forecast, by Installation Type
  - 7.4.5.1.3. Market size and forecast, by End User
  - 7.4.5.2. Japan
  - 7.4.5.2.1. Market size and forecast, by Belt Type
  - 7.4.5.2.2. Market size and forecast, by Installation Type
  - 7.4.5.2.3. Market size and forecast, by End User
  - 7.4.5.3. India
  - 7.4.5.3.1. Market size and forecast, by Belt Type
  - 7.4.5.3.2. Market size and forecast, by Installation Type
  - 7.4.5.3.3. Market size and forecast, by End User
  - 7.4.5.4. South Korea
  - 7.4.5.4.1. Market size and forecast, by Belt Type
  - 7.4.5.4.2. Market size and forecast, by Installation Type
  - 7.4.5.4.3. Market size and forecast, by End User
  - 7.4.5.5. Rest of Asia-Pacific
  - 7.4.5.5.1. Market size and forecast, by Belt Type
  - 7.4.5.5.2. Market size and forecast, by Installation Type
  - 7.4.5.5.3. Market size and forecast, by End User
7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Belt Type
- 7.5.3. Market size and forecast, by Installation Type
- 7.5.4. Market size and forecast, by End User
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Latin America
  - 7.5.5.1.1. Market size and forecast, by Belt Type
  - 7.5.5.1.2. Market size and forecast, by Installation Type
  - 7.5.5.1.3. Market size and forecast, by End User
  - 7.5.5.2. Middle East
  - 7.5.5.2.1. Market size and forecast, by Belt Type
  - 7.5.5.2.2. Market size and forecast, by Installation Type
  - 7.5.5.2.3. Market size and forecast, by End User
  - 7.5.5.3. Africa
  - 7.5.5.3.1. Market size and forecast, by Belt Type
  - 7.5.5.3.2. Market size and forecast, by Installation Type
  - 7.5.5.3.3. Market size and forecast, by End User

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2022

CHAPTER 9: COMPANY PROFILES

9.1. THE YOKOHAMA RUBBER CO., LTD.
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
9.2. Bridgestone Corporation
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
9.3. Michelin Group (Fenner Conveyors)
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
9.4. Elcon Elastomers Pvt. Ltd.
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
9.5. Continental Belting Pvt. Ltd.
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
9.6. Volta Belting Technology
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Key strategic moves and developments
9.7. Bando Chemical Industries, Ltd.
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
9.8. HUANAN XINHAI (SHENZHEN) TECHNOLOGY CO., LTD.
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
9.9. SIG Societ Italiana Gomma S.p.A.
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
9.10. Trenn- und Sortiertechnik GmbH
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio