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  • Conveyor Rollers Market Growth Analysis | 2023-2028

    Conveyor Rollers Market Growth Analysis | 2023-2028

    Conveyor Rollers Market Growth Analysis | 2023-2028
    Report code - SR1147 Delivery - 2 Weeks
    Conveyor Rollers Market Size, Share, Trends, Dynamics, Forecast, and Growth Analysis See more...

    Market Insights

    The conveyor rollers market was estimated at USD 1.55 billion in 2022 and is likely to grow at a CAGR of 4.09% during 2023-2028 to reach USD 1.98 billion in 2028.

    Conveyor-Rollers-Market-Insights

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    What is a conveyor roller?

    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.

    COVID-19 Impact

    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.

    Conveyor Rollers Market Highlights

    Market Size in 2028

    USD 1.98 Billion

    Market Size in 2022

    USD 1.55 Billion

    Market Growth (2023-2028)

    CAGR of 4.09%

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Key Players

    Key players operating in the Conveyor Rollers market are-

    • 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).

    Market Dynamics

    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.

    • Increasing demand for products such as packaged food and automobiles has resulted in an increased need for warehouses and distribution centres, which, in turn is expected to drive the market growth at a significant rate during the review period.
    • In addition to this, rising demand for advanced conveyor rollers is likely to create lucrative opportunities for the players operating in the global market in the coming years.

    Segment's Analysis

    Application Trends

    By application, the conveyor rollers market has been bifurcated into food & beverage, pharmaceutical, packaging industry, and others.

    • Under these, the food & beverage segment accounted for the largest market share in 2022 and is projected to register significant growth during the review period.
    • The market growth can be attributed to significant industry growth, particularly in developing countries.

    Regional Analysis

    By region, the market in Asia-Pacific accounted for the largest market share in 2022 and is projected to grow at a significant CAGR during the assessment period.

    • The regional growth can be attributed to expanding growth of the food processing and automotive industry particularly in China and India.
    • The market growth in developed regions is expected to be driven by increasing demand for advanced conveyor rollers coupled with presence of established end-use industries.

    Conveyor-Rollers-Market-Regional-Analysis

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    Critical Questions Answered in the Report

    • What are the key trends in the market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the market?
    • What are the key strategies adopted by the major vendors to lead in the conveyor rollers market?
    • What is the market share of the top vendors?

    Market Segmentation

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The Conveyor Rollers Market is segmented into the following categories:

    By Type

    • Chain-Driven Roller Conveyors
    • Belt-Driven Live Roller Conveyors
    • Gravity Roller Conveyors
    • Other

    By Application Type

    • Food & Beverage
    • Pharmaceutical
    • Packaging Industry
    • Other

    By Region

    • North America (Country Analysis: the USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Conveyor-Rollers-Market-Segmentation

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    Target Audience

    Here is the list of the group of customers that the Conveyor Rollers Market hopes to have the greatest opportunity to convert -

    • Conveyor rollers distributors
    • Conveyor rollers suppliers
    • Conveyor rollers manufacturers
    • Logistics organizations
    • Government bodies

    Report Features

    This report provides intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the dynamics and will enable strategic decision-making for the existing players as well as those willing to enter the global market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Conveyor Rollers Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Report Customization Option

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The conveyor rollers market size is expected to reach USD 1.98 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 market.

    The conveyor rollers market is expected to witness an impressive growth of 4.09% 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 the 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 market.