33% Growth in Woodworking Sector: July 2017 Market Analysis

Posted By Kitmondo on 21 August 2017

Posted in Kitmondo Blog

July saw continued growth in buyer interest in the used equipment market of 1.82% after a similar increase in June. After reductions in growth during April and May, this reversal will be welcome during a traditionally quiet period for the market.

Particularly strong growth was seen in the woodworking, broadcast and printing sectors, all of which saw double-digit increases.

Buyer Interest by Sector

Used Equipment Category May-Jun Change
Used Woodworking Equipment 33.50%
Used Broadcast Equipment 20.39%
Used Printing Equipment 17.22%
Used Semiconductor Equipment 5.19%
Used Lab Equipment 0.64%
Used Construction Equipment -2.54%
Used Manufacturing Equipment -10.09%
Used Metalworking Equipment -10.99%
Plastics Equipment -16.97%
Used Test Equipment -18.09%

Negative growth was seen in a number of markets which have performed well over the year to date. These included the manufacturing and plastics equipment markets which saw growth shrink by 11% and 17% respectively.

Buyer interest figures quoted were based on analysis of buyer search volume and purchase activity between July 1 - July 31.