Global Trends
Check out the latest blog posts for what’s happening in the global packaging and processing industry.
Check out the latest blog posts for what’s happening in the global packaging and processing industry.
Asia Pacific was the largest market for packaging machinery at 36.3 percent ($13.4 billion) of global revenues in 2016. This market is forecast to grow at a compound annual growth rate (CAGR) of 3.0 percent to $15.5 billion in 2021.
Filling and dosing machinery (20.7 percent/$7.6 billion of the total market) and labelling, decorating and coding machinery (12.6 percent/$4.6 billion of the total market) are estimated to have been the two largest packaging machinery markets in 2016.
