More than half of UK manufacturers polled in July 2021 by Subcon (Birmingham NEC, 14-16 September) – the UK’s leading subcontract manufacturing supply chain show – have been impacted negatively by the pandemic: 43% quite negatively and 10% very negatively. On the flipside, 17% of the 81 respondents claimed no impact at all, and 23% actually profited from Covid-19, with 14% saying their business was impacted ‘quite positively’ and 9% ‘very positively’.
When asked how long they believe it will take for UK manufacturing to recover, 22% put their hands up to experiencing no losses, with 38% saying within 12 months, 26% within 3 years, 4% within 5 years and 3% stating never. A follow up question asked how respondents believe the pandemic has changed UK manufacturing over the last 18 months. Some 62% said it has increased the need to protect supply chains.
For further information
www.subconshow.co.uk