October saw a 2% increase in buyer interest in the used equipment market. There were mixed fortunes between sectors with plastics and printing performing well, while lab and semiconductor markets showed negative growth.
Turning Things Around
The used printing equipment sector experienced the largest growth in buyer interest, rising 19.6% from September, although this growth was magnified by poor figures in August. Printing was closely followed by woodworking and plastics equipment which demonstrated 18.3% and 15.3% growth in buyer interest respectively.
Buyer Interest by Sector
|Used Equipment Category||Sep-Oct Change|
|Used Printing Equipment||19.66%|
|Used Woodworking Equipment||18.30%|
|Used Broadcast Equipment||9.79%|
|Used Construction Equipment||2.61%|
|Used Test Equipment||-1.44%|
|Used Metalworking Equipment||-5.79%|
|Used Manufacturing Equipment||-9.22%|
|Used Lab Equipment||-12.69%|
|Used Semiconductor Equipment||-14.18%|
Despite exhibiting low or negative growth in October, many markets are still performing above August levels.
Longing For September
Negative growth in buyer interest was seen in five used equipment sectors in October; test equipment, metalworking, manufacturing, laboratory and semiconductor. Negative figures posted by metalworking and test equipment sectors are negligible, but sellers in the lab and semiconductor markets will be hoping for a return to the growth seen in September.
Buyer interest figures quoted were based on analysis of buyer search and purchase activity between September 1 - October 31.