Download this free, 140-page Flexible Packaging Playbook jam-packed with strategies for success, best practices, and pitfalls to avoid.  Learn more »
Glenroy invites you to download this playbook.
Article |

Global packaging machinery demand to rise through 2014

Accelerated manufacturing output and a favorable fixed investment environment will drive global demand for packaging machinery to $35.9 billion by 2014.

Gains in developing nations will push advances in the global market for packaging equipment, reports industry market research firm The Freedonia Group in its new “World Packaging Machinery” report.

China will account for 41% of that demand, with growth from manufacturing production increases and the use of packaging as income levels rise, says Freedonia. India, Indonesia, Malaysia, and Thailand “will also record healthy market gains” in Asia. In the U.S., Western Europe, and Japan, Freedonia expects demand will rebound after a period of decline.

By 2014, 43% of worldwide packaging machinery sales will be to support the food market, although beverages will post the fastest gains.

Looking at individual equipment, labeling and coding machines, and filling and form/fill/seal machines will grow faster than any other categories through 2014.

The 417-page report is available for $6,100 by contacting Corinne Gangloff by phone (440) 684-9600, fax (440) 646-0484, or e-mail at [email protected].

Comments(0)

Add new comment

ADVERTISEMENT
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!
x

 

Newsletters
Don’t miss intelligence crucial to your job and business!
Click on any newsletter to view a sample. Enter your email address below to sign up!
GENERAL INTEREST

New Issue Alert

Packaging World Magazine

eClip

Breaking packaging news

Packaging Insights

Pertinent packaging issues

PACKAGE DESIGN/
DEVELOPMENT

Greener Package

Sustainable packaging

Shelf Impact

Package design strategies

Each newsletter ranges in frequency from once per month to a few times per month at most.