US packaging machinery market estimated at $ US 10 billion as of 2015

Co-ordinate to the soon to exist released 2022 PMMI State of the Packaging Industry – United states Packaging Machinery Report and infographic from PMMI, The Clan for Packaging and Processing Technologies, the Usa Packaging Mechanism Marketplace is estimated at $ US 10 billion equally of 2015. The new advances on brandish on the Innovation Stage are fueling industry growth.

As the infographic highlights, the value of domestic shipments of packaging mechanism is projected to abound at a CAGR of 2.4 % to $8.5 billion in 2020. The labeling, decorating and coding, and case treatment machinery groups are forecast to grow the fastest of all machinery types to 2020, at CAGRs of iii.ix and ii.v % respectively. The pharmaceuticals sector is forecast to abound the fastest of all sectors to 2020, at a CAGR of 2.8 %. This is followed by the beverages sector, which is forecast to abound at a CAGR of ii.iv %.

At the Pack Expo Innovation Phase, located in the Grand Concourse, attendees can nourish gratis sessions focused on the trends that are driving manufacture growth such as food rubber, OEE, Net of Things, track and trace engineering science, flexible manufacturing systems, packaging for eCommerce, remote monitoring, printing technologies and much more.

Pharma Expo hosted an additional Innovation Stage in the West Lobby addressing innovations for the pharmaceutical manufacture including tamper evident solutions, serialization, agile packaging solutions, process command, protective packaging.

All Innovation Stage sessions are xxx-minutes in length and free to attend. Cheque the schedule for full details. The full programme will also be available on the Pack Expo International/Pharma Expo mobile app.

As yous bring together us today from Bharat and elsewhere, we have a favour to ask. Through these times of ambiguity and challenge, the packaging manufacture in India and in most parts of the world has been fortunate. We are now read in more than ninety countries equally our coverage widens and increases in impact. Our traffic as per analytics more doubled in 2022 and many readers chose to support the states financially even when advertising fell to pieces.

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