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Industries that stand to benefit the most include food and beverage, pharmaceutical, manufacturing, logistics and construction as companies are trying to fill labor shortages to keep operations running efficiently. to 2030 to reach a value of more than $88 billion.
Machinery sectors have performed better than the manufacturing sector overall, and despite current challenges the next global downturn for manufacturing is not expected until late 2025 or early 2026. The next manufacturing downturn is expected in 2026, but to a lesser extent than in 2020. in 2022, compared to 3.3%
Despite this, the impact on China is anticipated to be less than that of the pandemic and lockdown measures that were put in place in 2020. From an industry perspective, chemicals and pharmaceuticalsmanufacturing will enjoy the highest growth rate in China, reaching 4.7% manufacturing shrank by 4.3% In 2022, U.K.
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