Conformational changes (i.e., dynamic transitions between pairs of conformational states) play important roles in many chemical and biological processes. Constructing the Markov state model (MSM) from extensive molecular dynamics (MD) simulations is an effective approach to dissect the mechanism of conformational changes. When combined with transition path theory (TPT), MSM can be applied to elucidate the ensemble of kinetic pathways connecting pairs of conformational states. However, the application of TPT to analyze complex conformational changes often results in a vast number of kinetic pathways with comparable fluxes. This obstacle is particularly pronounced in heterogeneous self-assembly and aggregation processes. The large number of kinetic pathways makes it challenging to comprehend the molecular mechanisms underlying conformational changes of interest. To address this challenge, we have developed a path classification algorithm named latent-space path clustering (LPC) that efficiently lumps parallel kinetic pathways into distinct metastable path channels, making them easier to comprehend. In our algorithm, MD conformations are first projected onto a low-dimensional space containing a small set of collective variables (CVs) by time-structure-based independent component analysis (tICA) with kinetic mapping. Then, MSM and TPT are constructed to obtain the ensemble of pathways, and a deep learning architecture named the variational autoencoder (VAE) is used to learn the spatial distributions of kinetic pathways in the continuous CV space. Based on the trained VAE model, the TPT-generated ensemble of kinetic pathways can be embedded into a latent space, where the classification becomes clear. We show that LPC can efficiently and accurately identify the metastable path channels in three systems: a 2D potential, the aggregation of two hydrophobic particles in water, and the folding of the Fip35 WW domain. Using the 2D potential, we further demonstrate that our LPC algorithm outperforms the previous path-lumping algorithms by making substantially fewer incorrect assignments of individual pathways to four path channels. We expect that LPC can be widely applied to identify the dominant kinetic pathways underlying complex conformational changes.