Lightweight Conveyor Belt Market By Manufacturing Process (Coating Process and Calendering Process), By Application (Food Processing Industry, Tobacco, Transport & Logistics Industry, Printing & Packaging Industry, Textile Industry, Agriculture, and Others), Industry Trends, Estimation & Forecast, 2023-2030

Market Overview

Lightweight Conveyor Belts are being adopted in several industries to shift and transfer goods that weigh conveniently low, such that the speed of the belt is substantially increased, as opposed to conveying heavy equipment. Medium- and small-scale factories, which do not deal in heavyweight equipment and material, are instead installing lightweight belts to improve productivity and workflow optimization.

Lightweight Conveyor Belt market is estimated to reach $8.1 billion by 2030; growing at a CAGR of 4.5% till 2030

Market Dynamics

Growing product demand from the packaging industry and increasing product adoption in the food processing sector are the primary factors driving the market growth. The rapid growth of the retail e-commerce sector has massively boosted the growth of the packaging industry, which in turn has proved beneficial in increasing installation demand for lightweight Conveyor belts. The steady growth in product adoption for the processed food facilities to enhance productivity would further improve the growth prospects of the market during the forecast period. However, high initial investment and maintenance costs might hamper the market growth. The regular wear & tear of abrasive materials in the conveyor belts requires mandatory repair to avoid machine shutdown, thereby increasing manufacturing costs. The rising environmental awareness has increased facilities for plastic recycling, thereby influencing high demand for conveyor belts. The high product installation in the plastic recycling facilities would thereby provide lucrative opportunities for the market in the coming years.
 
Market Segmentation

The global Lightweight Conveyor Belt market is mainly classified based on Manufacturing Process and Application. Manufacturing Process is further segmented into Coating Process and Calendering Process. By Application, the market is divided into Food Processing Industry, Tobacco, Transport & Logistics Industry, Printing & Packaging Industry, Textile Industry, Agriculture, and Others.

The Coating Process by Manufacturing Process holds a considerable market share in terms of value and volume, owing to the prevalent practice of using coating materials on the conveyor belt to increase longevity and service life of the products. The use of coating materials also ensures the reduction of wear & tear, thereby improving product performance.

In terms of volume, the Food Processing Industry by Application was valued at XX K.Sq.m in 2019 and is expected to garner XX K.Sq.m by 2030; witnessing a CAGR of 4.4% during forecast period. The daily volume of processed food being handled by the industry has increased rapidly, requiring the extensive installation of lightweight Conveyor Belts to increase work efficiency. The rising consumption of processed food would thereby improve the segment growth prospects over the forecast period.

Regional Segmentation

Based on geography, the global Lightweight Conveyor Belt market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

Europe holds a considerable market share in terms of regional categorization owing to the efforts of several governments to establish improved infrastructure for the food processing sector, eliminating risks of food contamination in a controlled environment. The demand for Lightweight Conveyor Belts has increased in this aspect, with the belts assisting in the establishment of a clean, germ-free work environment.

The region of Asia-Pacific is however expected to witness substantial growth over the forecast period owing to the increased installation of Lightweight Conveyor Belts to cater to the growing cargo & shipment volume of the packaging and shipping industries in the region.

Competitive Players

The Lightweight Conveyor Belt market is highly fragmented, with several global and regional players competing in the existing market scenario to expand business opportunities through rising product sales and improvement in product service-life.

Key players operating in the Lightweight Conveyor Belt industry include Habasit, AmmeraalBeltech, Sampla, Forbo-Siegling, Derco, Esbelt, Intralox, Mitsuboshi, Nitta, YongLi, Continental AG, CHIORINO, Sparks, and Jiangyin TianGuang.

New product launches after extensive research and expansion of business opportunities through strategic partnerships and mergers & acquisitions are the primarily followed business strategies of the top players looking to capture significant market share.

Lightweight Conveyor Belt Market Key Segments

By Manufacturing Process
• Coating Process
• Calendering Process

By Application
• Food Processing Industry
• Tobacco
• Transport & Logistics Industry
• Printing & Packaging Industry
• Textile Industry
• Agriculture
• Others

By Geography

• North America
o The U.S.
o Canada
o Mexico

• Europe
o U.K
o Germany
o France
o Italy
o Rest of Europe

• Asia Pacific
o India
o China
o Japan
o South Korea
o Rest of Asia Pacific

• South America
o Brazil
o Argentina
o Rest of South America

• Middle East & Africa
o GCC Countries
o Egypt
o South Africa
o Rest of Middle East & Africa

Key Global Lightweight Conveyor Belt Industry Players

• Habasit
• Ammeraal Beltech
• Sampla
• Forbo-Siegling
• Derco
• Esbelt
• Intralox
• Mitsuboshi
• Nitta
• YongLi
• Continental AG
• CHIORINO
• Sparks
• Jiangyin TianGuang

Table of Content

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. Lightweight Conveyor Belt Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Growing product demand from the packaging industry
3.3.2. Increasing product adoption in the food processing sector
3.4. Restraints
3.4.1. High initial investment and maintenance costs
3.5. Opportunity
3.5.1. High product installation in the plastic recycling facilities
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Manufacturing Process Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Coating Process
4.2.1. Market Size & Forecast
4.3. Calendering Process
4.3.1. Market Size & Forecast

5. Application Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Food Processing Industry
5.2.1. Market Size & Forecast
5.3. Tobacco
5.3.1. Market Size & Forecast
5.4. Transport & Logistics Industry
5.4.1. Market Size & Forecast
5.5. Printing & Packaging Industry
5.5.1. Market Size & Forecast
5.6. Textile Industry
5.6.1. Market Size & Forecast
5.7. Agriculture
5.7.1. Market Size & Forecast
5.8. Others
5.8.1. Market Size & Forecast

6. Lightweight Conveyor Belt Market Regional Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. North America Lightweight Conveyor Belt Market
6.2.1. North America Market Size & Forecast, By Country
6.2.2. North America Market Size & Forecast, By Manufacturing Process
6.2.3. North America Market Size & Forecast, By Application
6.2.4. U.S.
6.2.4.1. Market Size and Forecast
6.2.5. Canada
6.2.5.1. Market Size and Forecast
6.2.6. Mexico
6.2.6.1. Market Size and Forecast
6.3. Europe Lightweight Conveyor Belt Market
6.3.1. Europe Market Size & Forecast, By Country
6.3.2. Europe Market Size & Forecast, By Manufacturing Process
6.3.3. Europe Market Size & Forecast, By Application
6.3.4. Germany
6.3.4.1. Market Size and Forecast
6.3.5. France
6.3.5.1. Market Size and Forecast
6.3.6. UK
6.3.6.1. Market Size and Forecast
6.3.7. Italy
6.3.7.1. Market Size and Forecast
6.3.8. Spain
6.3.8.1. Market Size and Forecast
6.3.9. Rest of Europe
6.3.9.1. Market Size and Forecast
6.4. Asia-Pacific Lightweight Conveyor Belt Market
6.4.1. Asia-Pacific Market Size & Forecast, By Country
6.4.2. Asia-Pacific Market Size & Forecast, By Manufacturing Process
6.4.3. Asia-Pacific Market Size & Forecast, By Application
6.4.4. Japan
6.4.4.1. Market Size and Forecast
6.4.5. China
6.4.5.1. Market Size and Forecast
6.4.6. Australia
6.4.6.1. Market Size and Forecast
6.4.7. India
6.4.7.1. Market Size and Forecast
6.4.8. South Korea
6.4.8.1. Market Size and Forecast
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast
6.5. South America Lightweight Conveyor Belt Market
6.5.1. South America Market Size & Forecast, By Country
6.5.2. South America Market Size & Forecast, By Manufacturing Process
6.5.3. South America Market Size & Forecast, By Application
6.5.4. Brazil
6.5.4.1. Market Size and Forecast
6.5.5. Argentina
6.5.5.1. Market Size and Forecast
6.5.6. Rest of South America
6.5.6.1. Market Size and Forecast
6.6. Middle East & Africa Lightweight Conveyor Belt Market
6.6.1. Middle East & Africa Market Size & Forecast, By Country
6.6.2. Middle East & Africa Market Size & Forecast, By Manufacturing Process
6.6.3. Middle East & Africa Market Size & Forecast, By Application
6.6.4. GCC Countries
6.6.4.1. Market Size and Forecast
6.6.5. Egypt
6.6.5.1. Market Size and Forecast
6.6.6. South Africa
6.6.6.1. Market Size and Forecast
6.6.7. Rest of Middle East & Africa
6.6.7.1. Market Size and Forecast

7. Company Profile
7.1. Habasit
7.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2. Habasit Product Category, Application, and Specification
7.1.3. Habasit Financial Performance (2016-2018)
7.1.4. Main Business/Business Overview
7.2. Ammeraal Beltech
7.3. Sampla
7.4. Forbo-Siegling
7.5. Derco
7.6. Esbelt
7.7. Intralox
7.8. Mitsuboshi
7.9. Nitta
7.10. YongLi
7.11. Continental AG
7.12. CHIORINO
7.13. Sparks
7.14. Jiangyin TianGuang