According to the soon to be released 2016 PMMI State of the Packaging Industry – US Packaging Machinery Report and infographic from PMMI, The Association for Packaging and Processing Technologies, the US Packaging Machinery Market is estimated at $ US 10 billion as of 2015. The new advances on display on the Innovation Stage are fueling industry growth.
As the infographic highlights, the value of domestic shipments of packaging machinery is projected to grow at a CAGR of 2.4 % to $8.5 billion in 2020. The labeling, decorating and coding, and case handling machinery groups are forecast to grow the fastest of all machinery types to 2020, at CAGRs of 3.9 and 2.5 % respectively. The pharmaceuticals sector is forecast to grow the fastest of all sectors to 2020, at a CAGR of 2.8 %. This is followed by the beverages sector, which is forecast to grow at a CAGR of 2.4 %.
At the Pack Expo Innovation Stage, located in the Grand Concourse, attendees can attend free sessions focused on the trends that are driving industry growth such as food safety, OEE, Internet of Things, track and trace technology, 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 industry including tamper evident solutions, serialization, active packaging solutions, process control, protective packaging.
All Innovation Stage sessions are 30-minutes in length and free to attend. Check the schedule for full details. The full program will also be available on the Pack Expo International/Pharma Expo mobile app.
Packaging South Asia — authentic, impactful and influential
An English-language packaging industry B2B platform in print and web, Packaging South Asia is in its 19th year of publication. We do not make any claims about being the best or the most widely read. However, if you are interested in targeting the Indian and South Asian markets to sell equipment, technology, software, and consumables, we can help.
To improve your marketing and grow sales, talk to us. Our research and consulting company IppStar [www.ippstar.org] can assess your potential and addressable markets in light of the competition. We can discuss marketing, communication, and sales strategies for market entry and growth.
Suppliers and service providers with a strategy and budget for targeted marketing can discuss using our hybrid print, web, video, and social media channels to create brand recognition linked to market relevance. Our platform and channels are differentiated by hands-on practice and an understanding of business and financials. Our team, including some of the best technical writers, is ready to meet you and your customers for content.
India and South Asia’s fast-growing packaging industry is continuously expanding capacities with efficiency and appropriate innovative technologies. Get our 2025 media kit and recalibrate your role in this dynamic market. Enhance your visibility and relevance to existing markets and turn potential customers into conversations. Ask for a sample copy of our monthly or two weekly packaging eZines.
