Analysis
Industrials M&A update: Q2 2024
E-commerce is expected to remain a key driver of the logistics market as global sales are anticipated to reach $6.3 trillion.
Industrial trends
- Automotive
It is projected that global new auto sales will increase by 1.9% in 2024 due to lower consumer spending, especially in China and Europe.1 - Engineering and construction
Artificial intelligence (AI) applications will continue to emerge in the architecture and design sector, with existing design platforms such as SketchUp and AutoCAD poised for major integrations, especially with the rise of Generative AI.2
- Distribution, transportation, and logistics
Demand for freight services is expected to increase in 2024, as global GDP growth remains stable and the manufacturing purchasing managers’ index (PMI) has shown improvement from 2023.3
- Metal, plastics, and paper packaging
Consumer demand for convenience in buying food, beverages, and pharmaceuticals is expected to drive an increased consumption of portable packaging solutions for on-the-go consumption.4
- Specialty channels
The agrochemicals segment is expected to dominate the market demand for specialty chemicals driven by global population growth.5
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References
1. Michael Malterer, “Trends in the automotive industry in 2024,” Medium, February 23, 2024.
2. Usman Shuja, “Three construction tech trends to watch in 2024,” Forbes, March 6, 2024.
3. Transportation Insight, “Q4 2023 transportation outlook,” accessed July 12, 2024.
4. Benchmark International, 2023 global packaging industry report, June 5, 2023.
5. Mordor Intelligence, Specialty chemicals market size industry report, accessed July 18, 2024.
Previous editions
- Industrials M&A update Q1 2024
- Industrials M&A update Q4 2023
- Industrials M&A update Q3 2023
- Industrials M&A update Q2 2023
- Industrials M&A update Q1 2023
- Industrials M&A update Q4 2022
- Industrials M&A update Q3 2022
- Industrials M&A update Q2 2022
- Industrials M&A update Q1 2022
- Industrials M&A update Q4 2021
- Industrials M&A update: Q3 2021
- Industrials M&A update: Q2 2021
- Industrials M&A update: Q1 2021
- Industrials M&A update: Q4 2020
- Industrials M&A update: Q2 2020
- Industrials M&A update: Q1 2020
- Industrials M&A update: Q4 2019
- Industrials M&A update: Q2 2019
- Industrials M&A update: Q1 2019
- Industrials M&A update: Q4 2018
- Industrials M&A update: Q3 2018
- Industrials M&A update: Q2 2018
- Industrials M&A update: Q1 2018
- Industrials M&A update: Q4 2017
- Industrials M&A update: Q3 2017
- Industrials M&A update: Q2 2017
- Industrials M&A update: Q1 2017