Impact of COVID-19 on the MRO market for the manufacturing industry


Maddyharshu

Uploaded on May 31, 2024

The spread of COVID-19 severely impacted the performance of several industries, including manufacturing across the globe. Through the macro challenges, such as disrupted supply chains, decentralized workforce, and the provision of safe and healthy employee workspaces, MRO market players had to deal with monumental market dynamics. Governments were forced to shut down manufacturing plants and halt import-export operations. As a result, several industries stopped their ongoing production operations, disrupting supply chains, and affecting the demand-supply balance.

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