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Article Title: Distribution market for material handling equipment to grow 5.2% yearly to $19.7 billion in 2023
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Publication: Modern Materials Handling, 2/4/2020
Freedonia Study: Global Material Handling Equipment (3709)

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As new warehouses, order fulfillment centers, and other facilities were built by companies involved in e-commerce, the study indicates associated material handling equipment sales surged. Going forward, the distribution material handling equipment market is forecast to expand 5.2% per year through 2023 to $19.7 billion.
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