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Report Overview
The South Africa conveyor belt market size attained a value of USD 34.80 Million in 2024 and is expected to grow at a CAGR of 4.10% in the forecast period of 2025-2034 to reach a value of approximately USD 52.01 Millionby 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
-
In 2022, the direct contribution to South African GDP by the mining sector grew by 4% compared to 2021.
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In 2022, the manufacturing sector accounted for 12% of South Africa's overall GDP.
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As of 2022, the South African population spend 14% more on leisure and 24% more on business travel per trip, increasing air travel.
South Africa Conveyor Belt Market Size
The South Africa conveyor belt market attained a value of USD 34.80 million in 2023 and is expected to grow at a CAGR of 4.1% in the forecast period of 2024-2032 to reach a value of approximately USD 49.65 million by 2032.
Key Takeaways
- In 2022, the direct contribution to South African GDP by the mining sector grew by 4% compared to 2021.
- In 2022, the manufacturing sector accounted for 12% of South Africa's overall GDP.
- As of 2022, the South African population spend 14% more on leisure and 24% more on business travel per trip, increasing air travel.
The adoption of automation in sectors including manufacturing, mining, and aviation, aids the demand for advanced conveyor belts. The integration of technologies, such as augmented reality are improving conveyor belt maintenance procedures. Further, automated control systems are leading to the development of energy-efficient conveyor belts.
Some of the factors driving the South Africa conveyor belt market growth are an expanding mining sector, rising automation in end-use sectors, and advancement in conveyor belt technology.
South Africa Conveyor Belt Market Report Snapshots
South Africa Conveyor Belt Market Size
South Africa Conveyor Belt Market Trends
South Africa Conveyor Belt Market Analysis
South Africa Conveyor Belt Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the market attained a value of nearly USD 34.80 Million.
The South Africa conveyor belt market is projected to grow at a CAGR of 4.10% in the forecast period of 2025-2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach about USD 49.65 million by 2034.
A conveyor belt system is made up of continuous moving strips that carry different materials from one place to another in a short period.
Conveyor belts are often made from a rubber or plastic compound combined with layers of fabric material or steel cable.
The major drivers of the South Africa conveyor belt market include the adoption of automation in end-use markets, expansion of the mining sector, and rising air travel.
The key trends supporting the market growth are advancement in conveyor belt technology, development of energy-efficient conveyor belt systems, and expansion of the aviation and manufacturing sector.
The major end uses of conveyor belts are mining and metallurgy, manufacturing, chemicals, oil, and gases, and aviation, among others.
The significant product types of conveyor belts are medium-weight conveyor belt, light-weight conveyor belt, and heavy-weight conveyor belt.
The major players in the market are National Conveyor Products, Oriental Rubber Industries Pvt Ltd., Truco Africa., Fenner Conveyor Belting (SA) (Pty) Ltd, and Conveyor & Industrial Supplies (PTY) LTD, among others.
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