Press release
Japan Conveyor Belt Market Size and Share | 2027 | Report, Trends, Growth, Opportunity and Forecast
According to IMARC Group's latest report, titled "Japan Conveyor Belt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the Japan conveyor belt market size reached US$ 533 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 789.1 Million by 2027, exhibiting a growth rate (CAGR) of 6.43% during 2022-2027.A conveyor belt represents a continuous belt made up of rubber, fabric, and metal, used as a medium for transporting objects. They can be categorized into medium-weight, lightweight, and heavy-weight types and consist of pulley-based conveyor systems. Conveyor belt variants help to move products and materials from one point to another either in a straight line or through changes in direction or elevation. They are connected to a central operating system that can be operated at various speeds. Conveyor belt models have multiple layers of fabrics that improve the load-bearing capacity of the belt. Consequently, they find extensive applications across numerous sectors in Japan, such as construction, mining, food packaging, metallurgy, manufacturing, chemicals, oil and gas, aviation, etc.
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Japan Conveyor Belt Market Trends:
The expanding product demand in the food and beverage industry to reduce human contact, minimize material handling time, and make food processing more efficient and safer is primarily driving the Japan conveyor belt market. In line with this, the escalating product adoption in sushi restaurants for rotating food on tables and ensuring high-speed food service and enhanced customer service is acting as another significant growth-inducing factor. Moreover, the rising requirement for the product in airports and shipping docks to handle baggage is further augmenting the market across the country. Apart from this, the development of innovative heat-resistant conveyor belts that prove highly effective for material handling in high-temperature environments and the growing automation in the manufacturing industry are also positively influencing the market growth. Additionally, the elevating product usage in mining operations for transporting ores and concentrates is expected to propel the Japan conveyor belt market over the forecasted period.
Japan Conveyor Belt Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the Japan conveyor belt market has been studied in the report with the detailed profiles of the key players operating in the market.
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
Manufacturing
Chemicals, Oils and Gases
Aviation
Others
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 (2016-2021)
Market Outlook (2022-2027)
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
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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