Conveyor Rollers Market Report
The report on the Conveyor Rollers Market is segmented, By Type (Chain-Driven Roller Conveyors, Belt-Driven Live Roller Conveyors, Gravity Roller Conveyors, Other), Application (Food & Beverage, Pharmaceutical, Packaging Industry, Other), and Region. This report also covers COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Conveyor Rollers market. The historic years considered for the study are 2016-2019, the base year is 2020, and the forecast period is 2021-2026.
The report on the Conveyor Rollers Market is segmented, By Type (Chain-Driven Roller Conveyors, Belt-Driven Live Roller Conveyors, Gravity Roller Conveyors, Other), Application (Food & Beverage, Pharmaceutical, Packaging Industry, Other), and Region. ...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
The Conveyor Rollers market is projected to grow from USD 1.4 billion in 2020 to USD 1.8 billion by 2026 at a CAGR of around 4.1% during the forecast period.
A conveyor roller is designed to transport or move piece goods such as boxes, or pallets with rigid, flat bases from one place to another. These rollers are primarily used to transport bulky or heavy materials. Different types of conveyor roller available in the market include chain-driven roller conveyors, belt-driven live roller conveyors, gravity roller conveyors and other.
Key players operating in the Conveyor Rollers market are-
The growth of the conveyor rollers market is primarily driven by widespread product use in various end-use industries including automotive, food processing, and packaging among others.
By application, the conveyor rollers market has been bifurcated into food & beverage, pharmaceutical, packaging industry, and others.
By region, the market in Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period.
The covid-19 outbreak posed significant challenges on the industrial sector across geographies. It impacted the growth of the conveyor rollers market negatively as the imposition of lockdown and trade restrictions affected the product supply and demand amid pandemics.
Here is the list of the group of customers that the Conveyor Rollers Market hopes to have the greatest opportunity to convert-
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The conveyor rollers market size is expected to reach USD 1.8 billion in the foreseeable future.
Titan Conveyors (The U.S), Maschinenbau Kitz GmbH (Germany), LEWCO, Inc. (The U.S), RITM Industry (Ukraine), Fastrax Conveyor Rollers Limited (UK), McMaster-Carr (The U.S), Conveyor Units Ltd (UK), FEI, Inc. (The U.S), Interroll Group (The U.S), LEWCO, Inc. (The U.S), Jiande Pro-Tech Automation Co., Ltd. (China), Rulli Rulmeca S.p.A. (Italy) and ESCO Group LLC (The U.S) are among the key players in the conveyor rollers market.
The conveyor rollers market is expected to witness an impressive growth of 4.1% CAGR in the coming years.
Widespread product use in various end-use industries, increased need for warehouses and distribution centres are the factors driving the growth of conveyor rollers market.
Asia-Pacific accounted for the largest share in 2020 and is projected to grow at a significant CAGR.
Conveyor rollers distributors, Conveyor rollers suppliers, Conveyor rollers manufacturers, Logistics organizations, Government bodies are the target audience in the conveyor rollers market.