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Materials Handling Middle East 2015 kicks offby Sarah Jacotine on Sep 14, 2015
The Middle East’s dedicated trade show for intralogistics, warehousing, supply chain management, freight and cargo got off to a rousing start in Dubai today, as manufacturers and suppliers set sights on a GCC Materials Handling Equipment (MHE) market that is estimated to be worth $5 billion by 2020.
Running for three days at Dubai International Convention and Exhibition Centre, Materials Handling Middle East 2015 is 15% larger than its previous outing in 2013, featuring 129 exhibitors from 21 countries and showcasing over 250 brands.
Now in its 8th edition, the biennial event arrives as research from analysts Frost & Sullivan indicate the GCC materials handling equipment market was valued at $3.8 billion 2014, while a steady 4% annual growth rate since 2010 is likely to continue up to 2020, when the market will see revenues of between $4.8 billion to $5 billion.
According to Frost & Sullivan, Saudi Arabia accounted for 46% of materials handling equipment revenue in 2014, followed by the UAE with a 35% share, while the other four member countries accounted for the remaining 19% of revenue.
The increasing complexity and evolving market dynamics in the regional logistics sector is fuelling demand for more technical innovations in MHE, ranging from pallets, forklifts, automated storage and picking solutions, labelling devices, warehouse trucks, telehandlers, tow tractors, cranes, and packaging equipment.
The latest in tailor-made solutions for individual requirements will be the focal point at Materials Handling Middle East 2015, which features six of the world’s top 20 materials handling systems suppliers, including Daifuku from Japan, Germany’s SSI Schäfer and Kardex Remstar, Mecalux from Spain, Swiss company Swisslog, and the USA-headquartered Bastian Solutions.
Ahmed Pauwels, CEO of Messe Frankfurt Middle East, organiser of Materials Handling Middle East, said: “The GCC is today among the most exciting markets for materials handling and logistics services, with the region increasingly gaining in importance as a major shipping and aviation hub.
“Market dynamics are changing and businesses need to upscale their operations to maintain growth and stay competitive, whether in FMCG to logistics, or from retail to oil & gas.
"Trade visitors to Materials Handling Middle East 2015 will have the opportunity to meet suppliers that can help streamline their businesses with the latest intralogistics technologies and solutions.”
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