Conveyor Belt Market Growth Drivers and Emerging Trends
The Conveyor Belt Market is projected to grow at a CAGR of 5.9%, reaching US$ 5.7 billion by 2028. Asia-Pacific will dominate and grow fastest, driven by rapid industrialization and expanding economies like China and India. Rising demand in sectors like mining, logistics, and manufacturing supports this growth. Other regions, like North America and Europe, focus on modernization and efficiency.