Product Code: ETC024830 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam conveyors and conveying equipment market experienced notable growth during the period of 2025 to 2031. This expansion can be attributed to various factors, including the country`s booming manufacturing and industrial sectors, increasing investments in infrastructure development, and a growing emphasis on streamlining logistics and material handling processes. The demand for efficient conveyors and conveying equipment has been on the rise as industries seek to enhance productivity, reduce operational costs, and improve overall supply chain efficiency.
Vietnam has emerged as a manufacturing hub, attracting substantial foreign investments. The rapid industrialization in sectors like automotive, electronics, and textiles has created a surge in demand for conveyors and material handling equipment to facilitate the movement of raw materials and finished goods within factories. The Vietnamese government`s focus on infrastructure development, including ports, airports, and logistics parks, has fueled the need for conveyors and conveying equipment to support efficient cargo handling and distribution across the supply chain. The rise of e-commerce in Vietnam has led to higher demand for automated conveyor systems in warehouses and distribution centers. Conveyors play a crucial role in sorting and transporting packages, enabling faster order fulfillment and delivery to meet the growing online consumer demands. With the cost of labor rising, industries are seeking ways to automate their processes to reduce dependence on manual labor. Conveyors and conveying equipment offer a solution for labor-intensive tasks, leading to improved efficiency and productivity in manufacturing and material handling operations.
The installation of conveyor systems and advanced conveying equipment requires significant upfront investments. Smaller enterprises may find it challenging to afford these systems, limiting their adoption and affecting market penetration. Maintaining and operating conveyor systems demand technical expertise and regular servicing. A lack of skilled professionals in this field could pose challenges for industries relying heavily on conveyor systems. As the demand for conveyors grows, so does the need for energy consumption. Ensuring sustainable and energy-efficient practices in conveyor operations is becoming crucial due to increasing environmental awareness and regulations.
The Covid-19 pandemic presented both challenges and opportunities for the Vietnam conveyors and conveying equipment market. While the initial phase of the pandemic resulted in disruptions to manufacturing and supply chain operations, the subsequent recovery witnessed an increased focus on automation and contactless material handling solutions. Industries that embraced conveyor systems and automation during the pandemic found themselves better equipped to maintain production levels while adhering to social distancing guidelines. E-commerce and essential goods industries experienced heightened demand during lockdowns, leading to a surge in the adoption of conveyor systems for efficient order fulfillment.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Conveyors and Conveying Equipment Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Conveyors and Conveying Equipment Market - Industry Life Cycle |
3.4 Vietnam Conveyors and Conveying Equipment Market - Porter's Five Forces |
3.5 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Conveyors and Conveying Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Conveyors and Conveying Equipment Market Trends |
6 Vietnam Conveyors and Conveying Equipment Market, By Types |
6.1 Vietnam Conveyors and Conveying Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume, By Roller Conveyors, 2021-2031F |
6.1.4 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume, By Belt Conveyors, 2021-2031F |
6.1.5 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume, By Overhead Conveyors, 2021-2031F |
6.1.6 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume, By Pallet Conveyors, 2021-2031F |
6.1.7 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume, By Other Conveyors, 2021-2031F |
6.2 Vietnam Conveyors and Conveying Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.2.4 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume, By Engineering Machinery, 2021-2031F |
6.2.5 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume, By Retail, 2021-2031F |
6.2.6 Vietnam Conveyors and Conveying Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Conveyors and Conveying Equipment Market Import-Export Trade Statistics |
7.1 Vietnam Conveyors and Conveying Equipment Market Export to Major Countries |
7.2 Vietnam Conveyors and Conveying Equipment Market Imports from Major Countries |
8 Vietnam Conveyors and Conveying Equipment Market Key Performance Indicators |
9 Vietnam Conveyors and Conveying Equipment Market - Opportunity Assessment |
9.1 Vietnam Conveyors and Conveying Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Vietnam Conveyors and Conveying Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Conveyors and Conveying Equipment Market - Competitive Landscape |
10.1 Vietnam Conveyors and Conveying Equipment Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Conveyors and Conveying Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |