While the global packaging and package manufacturing machinery markets have always been dominated by the United States and, to a lesser degree, western Europe, the migration of consumer product and package manufacturing to China, India, and the Far East—coupled with the emergence of vital support processes such as digital workflow—are making these regions a viable source for package production for the world market. So says a recently published study from Packaging Strategies called “Threat assessment of emerging packaging powerhouses.”
“Heavy investment in latest-generation equipment, processes, and skills development have created an expansive and determined geographic region rapidly emerging as the world’s packaging production workshop,” says Packaging Strategies director David Luttenberger. He believes this development is making eastern-hemisphere markets increasingly attractive to North American and European manufacturers of both converting and packaging equipment.
