World Packaging Machinery Industry 2017

  • 11 years ago
Complete report available @ http://www.reportsnreports.com/reports/267888-world-packaging-machinery-to-2017.html
The report World Packaging Machinery to 2017 by Freedonia Group is now available at ReportsnReports.com.
Chemicals, drugs/personal care products to be most rapidly growing markets
Of the major markets for packaging machinery, the chemicals and pharmaceuticals/personal care products industries will register the fastest sales gains in percentage terms. Purchases of packaged pharmaceuticals and consumer goods and associated equipment will be boosted by rising living standards in developing nations. However, consumption of packaging machinery utilized in food applications will grow the most in dollar terms, stimulated by climbing demand for packaged foods in both developed and developing countries. As a result, food manufacturing will remain the largest market through 2017.