US Packing Machinery Market Records Growth

The US packaging machinery industry has recorded growth for the fifth consecutive year.

Trade association PMMI's 2007 Shipments and Outlook study shows packaging machinery shipments reached $6.11bn in 2006, a 6% increase on 2005.

Of the machinery categories PMMI monitors, wrapping saw the biggest increase, of 18.6%, followed by capping, overcapping, lidding and sealing, which increased 11.2%.

Converting machinery was the only category that saw a decline (0.6%).

Exports of packaging machinery surpassed the $1bn mark for the third consecutive year, reaching $1.012m in 2006.

PMMI says the growth has been driven by the increased focus of US companies on manufacturing and packaging cost reduction and the increased need for flexible packaging systems to accommodate shorter packaging runs with a widening range of packaging styles, sizes and configurations.
Source: packaging-technology