As COVID-19 vaccines roll out around the world, it looks like business confidence is bouncing back and materials handling is set to benefit even more.
This week, we include a report from KION which anticipates strong growth for the global materials handling market in 2021 as economic conditions improve.
The German manufacturer is expecting the materials handling market to grow at a faster rate than global GDP. E-commerce remains the big driver: it blossomed during the pandemic and will persist as markets normalise.
As we have often noted, the materials handling sector is one of the most resilient, and the latest round of financial reporting shows that in good times or bad, the world needs to keep moving stuff, and we'll always need machines and systems to do that.