Current Situation and Prospects of the Global Packaging Machinery Market.vacuum sealer bags for food

According to authoritative experts, despite the financial crisis, the world packaging machinery market demand will still maintain an annual growth rate of 5.2%, and is expected to reach $39.8 billion by 2012. The reason for this statement is that although the economy is slowing down, it is still on the way forward, and people's daily consumption (especially food) is still increasing, which has driven the development of the packaging market and the demand for packaging equipment by packaging production enterprises. At present, many packaging equipment in the world have entered a period of upgrading. This fixed assets investment is an inevitable thing for enterprises to survive in the increasingly fierce market competition. Investing in new equipment can improve production efficiency, flexibility, and reliability, thereby reducing material waste.

In the coming years, the sales of packaging equipment in developing countries and regions will exceed those in developed countries and regions such as Japan, the United States, and Western Europe. The largest developing country, China, will have a demand for packaging equipment exceeding $3.3 billion by 2012, surpassing the United States as the world's largest market. In India and Russia, as well as in low volume markets such as Ukraine, Iran, Indonesia, Malaysia, Saudi Arabia, Mexico, South Africa and Türkiye, the market demand for packaging equipment also has some room for growth.

Although in some developed countries such as the UK, Germany, Italy, and Japan, the demand for packaging equipment will be relatively slow, there will also be some growth. On the other hand, the packaging equipment manufacturing industry will also rise at a faster pace in developing countries, but the equipment manufacturing capacity will still be led by industrialized countries. By 2012, Western Europe, Japan, and the United States will continue to occupy two-thirds of the packaging machinery manufacturing market.

Read recommendations:

Bag-In-Box

eco friendly spout pouches sales

spout pouches manufacture

What are the advantages of octagonal sealed packaging bags

What are the advantages of vacuum packaging bags for food packaging