19% growth in manufacturing market: June 2017 market analysis

Posted By Kitmondo on 30 June 2017

Posted in Kitmondo Blog

Manufacturing and printing sectors saw strong growth in buyer interest through June 2017 with 19.2% and 12.2% growth respectively. Across the used equipment market buyer interest increased by a modest 1.8%, but that will be welcomed nonetheless after April and May saw continual reduction in growth.

Buyer Interest by Sector

Used Equipment Category May-Jun Change
Used Manufacturing Equipment 19.17%
Used Printing Equipment 12.20%
Plastics Equipment 10.69%
Used Test Equipment 9.62%
Used Construction Equipment 2.96%
Used Lab Equipment 1.96%
Used Broadcast Equipment 0.70%
Used Semiconductor Equipment -0.69%
Used Metalworking Equipment -6.09%
Used Woodworking Equipment -32.16%

June figures took growth during 2017 to over 20% with the manufacturing and plastics sectors showing very positive trends in buyer intent.

Only broadcast, metalworking and woodworking markets have seen negative growth this year and slow growth in June has not done anything to improve the outlook in these industries.

Buyer interest figures quoted were based on analysis of buyer search volume and purchase activity between Jun 1 - Jun 30.