Hungary's economy and industry are in full swing, which offers major opportunities for logistics and manufacturing companies in both the domestic and foreign markets. The question is how the weak forint and the government's plans regarding logistics, freight and transportation will affect the future of these industries.
Logistics companies seek to follow ongoing technological and development innovations in their warehousing, packaging and shipping processes as well, which also presents new challenges to logistics hubs and industrial parks. The aim is to offer their customers custom-tailored logistics bases that match changing market demands, such as sustainable warehouses and industrial parks or automated solutions. But can we really talk about automated warehouses in Hungary?
Manufacturing companies face a similar development challenge as product development and production capabilities are increasingly shaped by environmental protection and awareness. It remains to be seen how manufacturers will be able to implement the digitalisation and automation projects now essential for production, how they can optimise costs, and whether they can and will involve logistics companies in these processes.
Hungarian shipping companies must comply with numerous local and European rules and regulations, while also keeping up with changing requirements from customers. What happens if drones gain a bigger share of the market? How can artificial intelligence and cloud services make freight forwarding simpler, and how do shipping companies cope with an increasingly tense labour environment?
Parcel logistics also sees one new technological solution emerge after the other. As for packaging, new sustainable and customisable technologies are gaining ground, while small-package and urban logistics are facing challenges never seen before.
Warehousing must also keep up with the advance of online sales and e-commerce, and as the need for brick-and-mortar stores comes into question, many providers are looking into robotisation, parcel distribution systems and augmented reality.