Blog: January’s Material Handling Minute
New series alert! 🚨 Introducing the MPC Material Handling Minute – a selection of industry headlines handpicked monthly by our MPC team to keep our clients and community informed on the latest news and supply chain updates that drive our global economy.
Material handling touches everyone and everything, making it possible for you to buy your morning coffee, stock up at your favorite grocer, get those last-minute Christmas gifts, and everything in between. The U.S. material handling equipment market generated $44.6B in revenue in 2023 and is expected to reach $60B by 2030. No matter the challenges fluctuating economies bring, the demand for material handling continues to grow, and barriers to building the infrastructure needed to keep up with consumer spending remain a concern. This month’s roundup reflects a positive outlook for material handling as we move into 2025, with growth expected for the industry at-large.
As we know, warehouse availability continues to be a challenge, whether traditional or rack supported – not to mention the lack of options for cold-storage and data centers for cloud computing. The 2025 economic outlook for material handling is strong, but will infrastructure be able to keep up with demand?
“Economic Improvement Will Continue in 2025: ISM” – Material Handling & Logistics
With the last minute push of the holiday season upon us, will Santa be able to get those gifts under the tree on time?
“75% of Americans say holiday delivery delays ruin the season” – Modern Materials Handling
With labor shortages driving automation at every level and the rapid advancement of AI raising concerns about job displacement, how will these developments shape the future of our industry?
“ABI forecast: Mobile robot shipments to jump 5x by 2030” – DC Velocity
Stay tuned for more Material Handling Minutes from MPC!