The Packaging Machinery Manufacturing industry enjoyed healthy growth in the five years to 2015, benefiting from continued recovery of the US economy. The industry's three largest markets, the food and beverage, household goods and pharmaceutical sectors, experienced increased demand in recent years, driving greater need for packaging machinery used to prepare their products for sale. These trends are expected to continue in the next five years, sustaining the industry's revenue growth and improving profit margins as operators return to full capacity. Industry strategy will focus on stimulating new revenue streams by increasing exports, with operators seeking to sell to manufacturers in emerging economies that service new middle-class consumers.
This industry manufactures packaging machinery, such as wrapping, bottling, canning and labeling machinery.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.