Industry Analysis & Industry Trends
The Material Handling Equipment Distributors industry has performed well over the past five years, rebounding to solid growth after succumbing to difficult trading conditions during 2008-09 and 2009-10 with the onset of the global financial crisis. The demand for equipment arising from the mining boom has underpinned the industry's performance since the late 2000s and helped offset subdued demand conditions in the building, manufacturing and forestry markets.
Industry revenue is projected to increase by an annualised 3.3% over the five years through 2013-14 to total $9.8 billion. The pace of industry expansion is projected to slow during the current year to... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Material Handling Equipment Distributors industry is currently in the growth stage of its life cycle. The industry has benefited from robust demand in several key markets (notably mining) and new products developed to improve the efficiency of moving, storing and transporting materials.
Industry value added is expected to grow at an annualised rate of 3.0% in the 10 years through 2018-19, exceeding the projected pace of GDP growth (2.6% annualised). The key factors driving demand have been the robust growth in the Mining division, by an annualised 5.6% over the 10 years, and solid growth the value of private capital expenditure on machinery and equipment (3.2%)... purchase to read more