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Healthcare Market Equipment Investments Poised for Growth in 2021

Personal care and pharmaceuticals /medical devices are two markets that, not surprisingly, are holding their own and even expecting growth during COVID-19.

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End User Expectations for 2021 Equipment Investment

May 3

According to the May 2020 U.S. Packaging Machinery Purchasing Index report by PMMI Business Intelligence, CPGs in the personal care and pharmaceuticals/medical devices industries are optimistic about current business conditions driving expansion in 2021, despite COVID-19 shutdowns and oil market surpluses creating a drop in other industries.

Personal Care

• End users in the personal care industry are outperforming the total market in all metrics.

• Demand for personal care items, such as hand soaps, sanitizers, and other assorted toiletries, could be the main driver for expansion in this industry.

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