Global Trends Spotlight: China
November 26, 2019
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The market for Chinese packaging machinery manufacturers has become extremely competitive, with over 7,000 packaging machinery players. While most are focusing on a certain sector (with food and beverage being the largest), other companies are crossing over and developing equipment to expand into multiple sectors. These new sectors include household chemicals, pharmaceuticals, cosmetics and personal care.
To compete in the market, over the last few years, Chinese equipment manufacturers have advanced on various fronts in:
- New product development
- R&D investment
- Production development
- Market expansion
- Service quality improvement
- Export Market
Discover more details on the various Chinese packaging machinery players by downloading the full report.