Market Overview
In 2023, the Lightweight Conveyor Belting Market was valued at USD 5,090.3 million. The global lightweight conveyor belting industry is expected to increase from USD 5,415.1 million in 2024 to USD 8,881.5 million by 2032, with a compound yearly growth rate (CAGR) of 6.38% over the forecast period (2024-2032).

Growing demand for material handling efficiency, greater automation in manufacturing and logistics, and rising demand for lightweight conveyor belting in emerging markets are propelling the Lightweight Conveyor Belting Market.

The Lightweight Conveyor Belting Market is primarily driven by the growing need for material handling efficiency. Lightweight conveyor belts are intended to improve operational efficiency by allowing goods to flow smoothly and easily across a variety of industrial environments. Their design streamlines the handling process, resulting in higher throughput and fewer operational bottlenecks. This efficiency is vital in fast-paced situations like manufacturing and distribution facilities, where quick and correct handling of commodities is required to maintain production.

Market Segment insights

  • The market is divided into material categories, including polyvinyl chloride (PVC), polyurethane (PU), thermoplastic polyolefins (TPO), silicone, rubber, polyester, and others.
  • The market is divided into five product types: flat belts, modular belts, cleated belts, specialized belts, and others.
  • The market is divided into three segments based on thickness: light duty (less than 2mm), medium duty (2mm - 4mm), and heavy duty (more than 4mm).
  • Logistics, Automotive, Tire, Meat, Poultry, Fish, Bakery & Confectionary, Textile, Wood, Beverages, Corrugated, Tobacco, Fitness, Fruits & Vegetables, Packaging, Hygiene, Airports, Metal, Ceramics & Marble, and Others are among the applications of the Lightweight Conveyor Belting Market size.


Regional insights
The North American Lightweight Conveyor Belting market held the highest market share in 2023 and is predicted to increase at a considerable CAGR over the study period. Driven by rising demand in industries such as food processing, shipping, packaging, and automobiles. These belts, composed of PVC, polyurethane, and thermoplastics, provide flexibility, durability, and resistance to chemicals and abrasion.

Furthermore, Europe is the second-largest market for lightweight conveyor belts. Food processing, medicines, and e-commerce are driving up demand due to strict cleanliness standards and high material-handling requirements. Technological developments, such as modular and custom-engineered belts, are increasing operational efficiency. Environmental rules encourage the use of eco-friendly products, which fosters innovation.
Furthermore, the Asia Pacific Lightweight Conveyor Belting Market has expanded rapidly in recent years. Driven by growing industrialization and the expansion of sectors such as food processing, logistics, and e-commerce. Lightweight belts, which are valued for their efficiency, cost-effectiveness, and versatility, are increasingly being used in a variety of industries, including manufacturing, packaging, and material handling.

Major Players
Ammeraal, Rexnord Corporation, Forbo Holding Ag, Regina, Nybelt, Habasit, AA Industrial Belting (Shanghai) Co., Ltd, Yongli Belting Group, Hongsbelt, and Intralox are among the key players in the Lightweight Conveyor Belting Market.