Industry Analysis & Industry Trends
The Material Handling Equipment Distributors industry has been performing commendably over the five years through 2012-13. After succumbing to drops in revenue during the global financial crisis over 2008-09 and 2009-10, the industry managed to dig its way back into growth again. In the past five years, the industry has grown at an annualised rate of 1.4% mainly due to a strong performance from several key downstream markets such as the Mining and Construction divisions. In 2012-13, IBISWorld estimates revenue to grow by 5.0% to reach $9.04 billion.
A strong Mining division has helped operators in this industry weather the effects of the global financial crisis... purchase to read more
Industry Report - Industry Analysis Chapter
The Material Handling Equipment Distributors industry is back on track after a stumbling in the aftermath of the global financial crisis. In the five years through 2012-13, growth has not been smooth due to a weak downstream market. For example, industry revenue plummeted 3.1% during 2008-09 and 3.9% in 2009-10 due to the onset of the global economic downturn. Despite this, the industry managed to rebound quickly in subsequent years. IBISWorld estimates industry revenue to grow by approximately 5.0% in 2012-13 to reach $9.04 billion. In addition, industry revenue also grew at a five year compound growth rate of 1.4% in the five years through 2012-13. This reflects the industry's resilience given the difficult business environment faced by many industries in the past five years... purchase to read more