Global packaging machinery market demand surge, high-end trend is obvious

Categories:Industry news
Author:
Origin:
Time of issue:2021-04-19
Views:0

(Summary description)Automaticpackagingmachineshavebeenincreasingformanyyears.Drivenbythedemandofemergingmarkets,salesin2015haveexceeded$40billion.MPIgroupreportsthatwhilemanufacturingplantsaroundtheworldcontinuetocutproductioncapacity,nearlyhalfofthemplantoincreasespendingonproductionequipment.GIAbelievesthatthemaindrivingforcebehindthesalesgrowthofpackagingequipmentisthedevelopmentofemergingmarkets,especiallyintheAsiaPacificregion,LatinAmericaandtheMiddleEast.GIAexplainedthatthisisduetotheaccelerateddevelopmentofindustriesinemergingcountries,therapidexpansionoffoodprocessingandconsumerdurablesindustries,aswellasalargeamountofforeigninvestment.Atthesametime,developedcountriesalsoplayahugeroleinit.

Global packaging machinery market demand surge, high-end trend is obvious

(Summary description)Automaticpackagingmachineshavebeenincreasingformanyyears.Drivenbythedemandofemergingmarkets,salesin2015haveexceeded$40billion.MPIgroupreportsthatwhilemanufacturingplantsaroundtheworldcontinuetocutproductioncapacity,nearlyhalfofthemplantoincreasespendingonproductionequipment.GIAbelievesthatthemaindrivingforcebehindthesalesgrowthofpackagingequipmentisthedevelopmentofemergingmarkets,especiallyintheAsiaPacificregion,LatinAmericaandtheMiddleEast.GIAexplainedthatthisisduetotheaccelerateddevelopmentofindustriesinemergingcountries,therapidexpansionoffoodprocessingandconsumerdurablesindustries,aswellasalargeamountofforeigninvestment.Atthesametime,developedcountriesalsoplayahugeroleinit.

Categories:Industry news
Author:
Origin:
Time of issue:2021-04-19
Views:0

Automatic packaging machines have been increasing for many years. Driven by the demand of emerging markets, sales in 2015 have exceeded $40 billion. MPI group reports that while manufacturing plants around the world continue to cut production capacity, nearly half of them plan to increase spending on production equipment. GIA believes that the main driving force behind the sales growth of packaging equipment is the development of emerging markets, especially in the Asia Pacific region, Latin America and the Middle East. GIA explained that this is due to the accelerated development of industries in emerging countries, the rapid expansion of food processing and consumer durables industries, as well as a large amount of foreign investment. At the same time, developed countries also play a huge role in it.

Scan the QR code to read on your phone

Previous: Precautions for purchasing food packaging machine

Next: None

Previous: Precautions for purchasing food packaging machine

Next: None