- Contract Packaging
- Leaders in Packaging
- Calendar of Events
Article | October 4, 2012
U.S. packaging machinery shipments jump 19% in 2011
PMMI reports the increase includes 20% more in domestic shipments and 16% in exports.
Shipments of U.S. packaging machinery grew 19% in 2011, reaching US$7.7 billion, according to PMMI’s 2012 Shipments Study. PMMI’s annual research also shows total consumption in the U.S. climbing by 23% to US$8.8 billion. “Positive growth is always good news,” says Jorge Izquierdo, vice president, market development, PMMI. “And within that 19 percent jump in U.S. packaging machinery shipments, we saw 20 percent growth domestically and 16 percent in exports.” Imported packaging machinery sales also increased, by about US$500 million. Izquierdo points out: “U.S. companies spent 35 percent more on imported packaging machinery in 2011.” The distribution of sales among market segments did not shift much, if at all however. Food (36%) and beverage (24%) accounted for the vast majority of sales, as they have since PMMI began conducting this study in the mid-1990s. In 2011, the two categories combined for 60% of shipments. The only machine category that didn’t see its greatest sales in food or beverage was Blister, Skin/Vacuum Packaging Machines, in which 59% of its sales were to the pharmaceutical and medical device market. “But even then, foods accounted for 41 percent of category sales,” Izquierdo notes. “The foods market led 16 of the 25 total categories, and beverages led in eight.”Converting machines—container/material manufacturing had the greatest dollar sales in 2011, the Shipments Study finds, with $760 million, about 10% of the total market. “Coding, Printing, Marking Stamping and Imprinting (Not on a Label)” followed, with $520 million (7%) of the market). PMMI reports as of December 31, 2011, the backlog on orders was $2.3 billion. While the dollar figure for backlogs increased by 28% from 2010 ($1.8 billion), it was actually a smaller share of the total shipments figure—30% in 2011 vs 33% in 2010. PMMI’s 2012 Shipments Study is free to the PMMI members who participated in the survey. Non-participating members can purchase it for $1,500, and it’s available to nonmembers for $3,500, at the PMMI Web site.
E-BOOK SPECIAL REPORT
42 Best Package Designs: 2014 edition
Sign up to receive timely updates from our editors and download this e-book consisting of our editors' picks of most notable package designs. Updated for 2014!