Press release
Pack Conveyors Market Projected to be Resilient During 2029
Conveyor systems refer to one of the most commonly and popularly used variety of automation in the today’s world. These conveyor systems enable safe and fast transportation of things from one place to another without the intervention of any human being. Conveyor systems, also known as conveyor belts, are found in a wide variety of forms and are utilized for many of the packaging solutions. Pack conveyors are utilized for the delivery of products or packs from one place or sector of a machine or firm to another. These conveyors are made on a frame of solid steel and it safeguards packs placed on it from any kind of chafing or friction, which is likely to support expansion of the global pack conveyors market in the years to come.
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The development of the global pack conveyors market is expected to be influenced by the fact that parts are pre-assembled, which makes it ready to use within no time and is based on the principle of “plug-and-play”. A pack conveyor comes with proven resistance and thus, is able to support heavy flow of products, which is estimated to foster growth of the market in the years to come. High durability and ease of operation are further likely to add to its increased adoption for many packaging solutions.
Conveyor types, chain types, end-use industry, and region are the four key parameters based on which the global pack conveyors market has been divided. The objective of such segmentation is to offer a clearer, 360-degree view of the market.
Global Pack Conveyors Market: Notable Developments
The global pack conveyors market has witnessed significant developments in the recent years. One of such developments pertaining to the market is mentioned below:
In July 2020, US-based leading material handling solutions provider, Duravant LLC made an acquisition of QC Industries, LLC, a manufacturer of conveyor systems. With this acquisition, it is expected that Duravant will be able to fortify the automation and integration abilities of the company and expand its product-handling portfolio.
Some of the key players in the global pack conveyors market comprise the below-mentioned:
Shuttleworth LLC
Phoenix Conveyor Belt Systems GmbH
Duravant LLC
Modular Conveyors Private Limited
Integrated Conveyors and Pacline Automation Technologies
ACMI SpA, S.V.
Global Pack Conveyors Market: Key Trends
The following drivers, restraints, and opportunities characterize the global pack conveyors market over the assessment period, from 2019 to 2027.
Market to Ride on the Back of its Increasing Demand for the Conveyors in Different Industries
Pack conveyors are utilized for the purpose of heavy and quick transportation of a wide array of packs or materials that drives its demand in the packaging and material handling industries. These conveyors are also fitted with the low consumption motors that make maintenance of these conveyors hassle-free. Belt conveyors are estimated to account for a sizeable chunk of the global pack conveyors market in the years to come. Increase in the volume of production together with rapid modernization of the packaging system is likely to work in favor of the global pack conveyors market over the timeframe of analysis, from 2019 to 2029.
Pack conveyors assist in the simplification of the task of heavy or bulk material handling and thus, chances of human errors are minimized. This factor is estimated to back growth of the global pack conveyors market over the timeframe of assessment. In addition, pack conveyors are also high in demand other industries, such as warehouses, distributor centres, and storage sectors. Emergence and high demand of environment-friendly pack conveyors is likely to raise demand for green pack conveyors, which is likely to bode well for the market.
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Global Pack Conveyors Market: Geographical Analysis
Asia Pacific is estimated to dominate the global pack conveyors market over the timeframe of forecast, from 2019 to 2029. A rise in the manufacturing activities and growth of the other industries is estimated observe considerable growth over the forecast period. China and India are estimated to be major contributors of the regional market.
The global pack conveyors market is segmented as:
Conveyor Type
Slat Conveyors
Belt Conveyors
Roller Conveyors
Accumulation Conveyors
LBP Conveyors
Chain Types
Thermoplastic Resin
Rubber
Roller
Modular
End-Use Industry
Food & Beverages
Healthcare
Automotive
Aerospace
Region
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Russia
Italy
Asia Pacific
China
Japan
Korea
India
Southeast Asia
The Middle East
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Latin America
Brazil
Argentina
Colombia
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