Alert: Packaging World now enhanced for the iPad and iPhone. Watch a quick video preview
 
Download Download this free, 150-page Pharmaceutical Serialization Playbook jam-packed with strategies for success and pitfalls to avoid.  Learn more >>
Article |

Automation to fuel demand for packaging machinery

With Freedonia predicting a 4% annual increase in world demand for packaging machinery through 2008 and the Packaging Machinery Manufacturers Institute predicting 7% growth in U.S. packaging machinery sales this year, it’s useful to ask just what kind of packaging machinery will sell most briskly and what market segment will do the most buying.
Print Reprint
FILED IN:  Machinery  > Labeling
     

Freedonia says labeling and coding equipment will remain the fastest-growing product group; new labeling regs emerging around the world and the ongoing demand for improved track-and-trace capabilities will spur sales of labeling and coding gear.

As for the market segment likely to do the most buying PMMI figures it’s the pharmaceutical and medical products segment followed by beverages and then by personal care products.

Here’s another take on what will make sales of packaging equipment grow. It’s from a recent edition of automotion the quarterly magazine published by technology provider B&R: “The demand for packaging machinery is expected to climb this year in spite of the turbulence of world events and the economic uncertainty in which this year began. Although economic and geopolitical concerns continue to influence customers’ capital expenditure planning they genuinely recognize that high-tech machinery can improve productivity and efficiency. Furthermore end users need to achieve greater flexibility in packaging due to the increase in varieties of products product sizes and package configurations. The trend toward expanded automation is a major catalyst on the decision to invest in new machinery.”

Comments(0)

Add new comment

ADVERTISEMENT
E-BOOK SPECIAL REPORT
42 Best Package Designs
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

On the Edge Blog

Workforce Development

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.