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Conveyor Belt Industry Analysis

2025-01-22 15:00

In recent years, the demand for handling more items and improving process efficiency has continued to expand, and the food and beverage, retail, port industries, and large industrial scenarios have also grown. Due to reforms implemented by individual governments, industrial development activities in emerging countries are also gradually expanding, and conveyor belts are the main driving force of the transportation market.

Conveyor belts are rubber and fiber, metal composite products, or plastic and fabric composite products used to carry and transport materials. They have the characteristics of high temperature resistance, wear resistance, anti-static and other characteristics. They are common transportation equipment in traditional industries.


Conveyor Belt


Development status of conveyor belt industry:

In recent years, China's conveyor belt market has shown a steady expansion trend. With the continuous acceleration of the country's industrialization process and the continuous deepening of infrastructure construction, conveyor belts, as key components in the logistics and transportation system, have achieved steady growth in market size.


In 2023, the scale of my country's conveyor belt market exceeded 30 billion yuan, with a year-on-year growth rate of 4.26%, and a compound annual growth rate of 1.53% during 2019-2023.


As the world's largest producer and consumer of conveyor belts, my country has been experiencing continuous economic growth and the continuous development of downstream industries, which has led to an increasing demand for the conveyor belt industry and a continuous increase in the output of conveyor belts. According to statistics, my country's conveyor belt output in 2023 will be about 724 million square meters, a year-on-year increase of 3.28%.


In order to meet the challenges of the future market, the industry needs to continuously innovate technology, improve product quality, strive to integrate into more emerging fields, and improve efficiency and work level.

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