Global Spiral Conveyors Market Report, History and Forecast 2017-2028
Market Analysis and Insights: Global Spiral Conveyors Market
Due to the COVID-19 pandemic, the global Spiral Conveyors market size was value at US$ 328.34 million in 2021 and is forecast to be a readjusted size of US$ 466.51 million by 2028 with a CAGR of 6.09% during the forecast period 2022-2028.
The global main manufacturers of Spiral Conveyors include Ambaflex, Interroll Group, Apollo Group, Tecnopool, Flexlink, Carryline, Holmatec, Carrier Vibrating Equipment, and NEXUS Engineering, etc. In 2021, the global five largest players have a share approximately 53.22% in terms of revenue.
The North America Spiral Conveyors market size was US$ 77.42 million in 2021, while China was about US$ 49.03 million. The proportion of the China was 14.93% in 2021 and it is predicted that the share will reach 15.15% in 2028, trailing a CAGR of 6.11% through the analysis period. As for the Europe Spiral Conveyors landscape, Germany is projected to reach US$ 18.94 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 6.26% and 6.45% respectively for the next 6-year period.
Fully considering the economic change by the COVID-19, Chain Conveyors accounting for 68.86% of the Spiral Conveyors global market in 2021, is projected to value US$ 297.82 million by 2028, growing at a revised 5.02% CAGR from 2022 to 2028. While Logistics & Packaging segment is altered to an 6.64% CAGR throughout this forecast period and will hold a share about 68.00% in 2028.
Global Spiral Conveyors Scope and Market Size
The global Spiral Conveyors market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Spiral Conveyors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
Segment by Type
Chain Conveyors
Roller Conveyors
Others
Segment by Application
Logistics & Packaging
Food & Beverages
Others
By Company
Ambaflex
Interroll Group
Apollo Group
Tecnopool
Flexlink
Carryline
Holmatec
Carrier Vibrating Equipment
NEXUS Engineering
Astec Conveyors
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Europe
Germany
U.K.
France
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Middle East
Africa
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