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Five facts about the global packaging machinery market

Findings from the new PMMI Business Intelligence report, “Global Trends Impacting the Market for Packaging Machinery 2018”
  1. The U.S. holds the largest single-country sub-regional market of packaging machinery, accounting for 17.2% of the total and a value of $6.3 billion.
  2. China is expected to grow the fastest, at a CAGR of 5.6% from 2016 to 2021. The global CAGR for packaging machinery is forecast to be 2.8% in the same period.
  3. Labeling, decorating & coding machinery as well as vertical and horizontal form, fill, seal are forecast to grow the fastest of all machinery categories through 2021, at CAGRs of 3%, 3.1% and 3.2%, respectively.
  4. Filling & dosing machinery, and labeling, decorating & coding machinery accounted for 20.7% ($7.6 billion) and 12.6% ($4.6 billion) of the total market in 2016, respectively.
  5. The largest end-market for packaging machinery in 2016 was the food sector, which accounted for 40% of revenues. The pharmaceutical sector is forecast to see the fastest growth to 2021, at a CAGR of 4.1%.

Source: PMMI Business Intelligence, “Global Trends Impacting the Market for Packaging Machinery 2018.” Find the full report here.

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