Conveyor Rollers Market Growth Analysis | 2023-2028

Market Insights

"The global conveyor rollers market size 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."

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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.

Market Dynamics

Market Drivers

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.

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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.

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 Insights

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.

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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?

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).

Note: The above list does not necessarily include all the top players in the market.

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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?

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)

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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.

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