Conveyor Belt Market Report 2026

The conveyor belt market size has grown steadily in recent years. It will grow from $5.68 billion in 2025 to $5.95 billion in 2026 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to expansion of manufacturing and warehousing facilities, growth of mining and bulk material handling, rising demand for material transport efficiency, availability of durable conveyor materials, increasing industrial automation.

The conveyor belt market size is expected to see steady growth in the next few years. It will grow to $7.21 billion in 2030 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to increasing adoption of smart factories, rising investments in logistics automation, expansion of e-commerce warehousing, growing focus on predictive maintenance, increasing demand for heavy-duty conveyor solutions. Major trends in the forecast period include increasing deployment of automated conveyor systems, rising demand for energy-efficient belts, growing integration of smart monitoring systems, expansion of warehouse automation, enhanced focus on load optimization.

The increasing number of air passenger journeys is expected to drive the growth of the conveyor belt market. Rising disposable incomes, improving living standards, and greater availability of affordable air travel have collectively contributed to a surge in global air passenger volumes. This rapid growth is prompting governments to develop new airports, which is expected to increase demand for conveyor belts, as they are essential airport components used to transport passenger luggage efficiently. For example, in January 2025, the Airports Council International (ACI), a Canada-based organization of airport authorities, reported that global passenger traffic is projected to exceed pre-pandemic levels, reaching 9.5 billion in 2024, more than 12 billion by 2030, and doubling to 19.5 billion by 2042 compared to 2024 levels. Therefore, the rise in air passengers and air travel is expected to drive demand for conveyor belts during the forecast period.

Leading companies within the conveyor belt market are strategically focusing on the introduction of cutting-edge conveyor belts, such as the heat-resistant conveyor belt, aiming to secure a competitive advantage. These specialized belts are engineered to manage the transportation of high-temperature materials, surpassing the limits of standard conveyor belts. For example, in July 2023, Dunlop Conveyor Belting, a Netherlands-based manufacturer, unveiled OptimaHeat Xtreme, a novel heat-resistant conveyor belt. This innovative belt is specifically designed to endure elevated temperatures and extended exposure to hot payloads and abrasive materials. OptimaHeat Xtreme maintains its heat resistance even under continuous operation at temperatures reaching up to 400°F (204°C) while exhibiting minimal abrasion degradation. The unique cover compound integrated into this new belt ensures prolonged heat resistance, a critical attribute for sustained operational effectiveness over extended periods.

In July 2023, The BEUMER Group, a Germany-based manufacturer of logistical systems, acquired The Hendrik Group for an undisclosed amount. This acquisition is designed to enhance BEUMER Group's portfolio within the cement, mining, and bulk material transport sectors by incorporating sustainable, air-supported belt conveyor technology. This move aligns with the company's commitment to providing environmentally friendly solutions and minimizing carbon footprints for its customers. The Hendrik Group is a US-based manufacturer specializing in sustainable belt conveyor systems.

Major companies operating in the conveyor belt market are ContiTech, Bridgestone, Bando Chemical Industries, Yokohama Rubber, Habasit, Zhejiang Sanwei Rubber Item, Zhejiang Double Arrow Rubber, Megadyne Group, Chiorino, Phoenix Conveyor Belt Systems, Oriental Rubber Industries, Fenner Group, Sempertrans Conveyor Belt Solutions, Forbo Siegling, Ammeraal Beltech, Dunlop Conveyor Belting, Mafdel, Esbelt, Sparks Belting, Elastomerik Belts.

Asia-Pacific was the largest region in the conveyor belt market in 2025. Western Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the conveyor belt market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the conveyor belt market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The conveyer belt market consists of sales of roller bed conveyor belts, flat belt conveyors, modular belt conveyors, cleated belt conveyors, curved belt conveyors, incline/decline belt conveyors, sanitary and washdown conveyors, and specialty conveyor belts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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