Packaging machinery sales on the rise

June 16, 2005
A study by the Packaging Machinery Manufacturers Institute (PMMI) predicts packaging machinery sales in the U.S. will reach $5.91 billion this year.

The study represents the views of 453 decision makers responsible for 7,005 packaging lines in over 1,200 plants throughout key segments of the U.S. market. The

increase follows three consecutive years of growth. Much of the credit for the higher rate of spending comes from increased corporate sales and profits as well as the sustained growth of the U.S. economy. But recent improvements in rates of capacity utilization are another factor. The largest increase in spending is expected to come from the pharmaceutical and medical segment (11 to 13%), followed by beverages (9 to 11%), personal care products (7 to 9%), and food (6 to 8%). The study reveals that 67% of respondents plan to either increase spending or maintain 2004 levels.

Sponsored Recommendations

June 27, 2025
Ensure workplace safety and compliance with our comprehensive Lockout/Tagout (LOTO) Safety Training course. Learn critical procedures to prevent serious injuries.
June 27, 2025
Join our expert webinar to discover essential safety control measures and best practices for engineering a truly safe and compliant industrial environment.
June 25, 2025
An innovative aircraft with electric drives combines the best of both worlds. The cross between drone and helicopter could mean significantly faster and more efficient air emergency...
June 25, 2025
Effective when other materials fail, ceramics are particularly suitable for applications requiring wear and chemical resistance, sliding characteristics or biocompatibility. Discover...

Voice your opinion!

To join the conversation, and become an exclusive member of Machine Design, create an account today!