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Packaging machinery market is robust and growing

PMMI’s “2017 Evolution of Automation Report," and ARC Advisory Group's “The Packaging Machinery and AutomationMarket Research Study,” both point to robust packaging machine business, as brand owners and end users continue down a path toward automation.

PMMI’s “2017 Evolution of Automation Report,” from the association’s Business Intelligence Program, predicts strong growth for sales of new, more sophisticated packaging machinery as brand owners and end users continue down a path toward automation. The complete study, or a free executive summary thereof, can be found here. A more narrowly focused report, “1st Quarter 2018 Quarterly Business Indicator,” confirms an uptick, specifically over the next two years. It’s free for download here.

Interestingly enough, another well-known industry observer, ARC Advisory Group, also sees the packaging machinery market as one set to grow nicely. ARC’s study, “The Packaging Machinery and AutomationMarket Research Study,” delivers current market analysis plus a five-year market and technology forecast.

This report analyzes the market for packaging machinery and packaging automation. The market grew strongly in 2017 and healthy growth will continue throughout the forecast period. The food & beverage segment accounts for the largest share, and pharma and healthcare is expected to grow the fastest.

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