According to IMARC Group’s latest report, titled “Japan Conveyor Belt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Japan conveyor belt market is expected to exhibit XX growth during 2021-2026. A conveyor belt represents a mechanical strip for moving objects in various material handling processes. It helps to move objects at varying speeds from one point to another in a straight line or with changes in elevation or direction. Conveyor belt is manufactured using polyvinyl chloride (PVC), rubber, plastic compounds, etc., and contains several layers of fabrics that raise its load-bearing capacity. It is usually available in light-weight, medium-weight, and heavy-weight variants. Conveyor belts find extensive applications in numerous industries, including construction, mining, food packaging, etc.
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The growing product utilization in the food and beverage industry for baking, dough processing, meat and poultry processing, etc., is among the primary factors propelling the Japan conveyor belt market. Moreover, numerous foodservice outlets are increasingly using these belts to rotate food on tables and provide high-speed and improved service to customers. Additionally, conveyor belts are also gaining traction in airports and shipping docks for baggage and cargo handling, which is also catalyzing the product demand. Furthermore, the development of innovative product variants, such as heat-resistant conveyor belts used for material handling in high-temperature environments, is also bolstering the market growth. Besides this, the rising product usage in the mining industry for transporting ores and concentrates is expected to drive the Japan conveyor belt market over the forecasted period. Looking forward, the market is expected to continue its strong growth during the forecast period (2021-2026).
Key Market Segmentation:
Breakup by Type:
- Medium-Weight Conveyor Belt
- Light-Weight Conveyor Belt
- Heavy-Weight Conveyor Belt
Breakup by End Use:
- Mining and Metallurgy
- Chemicals, Oils and Gases
Breakup by Region:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
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