Now that 2016 is well under way, those in materials handling and related industries had mixed reviews of the year just passed, according to the 2016 Australasia Industry Report released by Forkliftaction in December 2015.
According to data from the Australian Industrial Truck Association (AITA), 10,987 units were delivered by the end of November 2015, compared to 12,804 for the same period last year.
A few companies passed on this sentiment with the report, stating that total demand for forklifts was down by 20%. National product and marketing manager for Komatsu Forklift Australia states that despite increasing marketshare last year is was still a “very challenging economic climate”.
Managing director of Lencrow Material Handling, Ross Grassick believes that "the same old problems plague the industry, with over-supply of product, (much) of which fails to meet the high standards of Australian industry".
Amid the challenges in a difficult economic climate, vice president and chief operating officer of Toyota Material Handling Australia (TMHA), Steve Takacs, states that his company has experienced growth in both marketshare and profit.
Takacs expects to see continued growth in the electric forklift market in 2016, including a growing demand for automation and other warehouse supplementary products.
Further, Grassick expects 2016 to be a big year. "With an improvement in Australian business confidence and more employment, people will look to improve productivity through process and this leads to needs for better and safer forklift equipment.
The full report can be accessed here, and it features insights from Toyota Material Handling Australia, Komatsu Forklift Australia, Lencrow Material Handling, Australian Industrial Truck Association, and the Australian Logistics Council.
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