Demand Rises For Innovative Packaging Equipment

To stay ahead of the curve and provide complete packaging solutions to the beverage industry, packaging machinery manufacturers are developing case packers and wrappers that offer the flexibility to accommodate line changeovers, handle multiple packaging types, assemble variety packs and meet the industry’s need for speed.

Demand for innovative packaging equipment is growing as operations look to keep up with SKU proliferation within the beverage industry. In fact, a report from the Association for Packaging and Processing Technologies (PMMI) highlights a total market value of $9.8 billion, a 4.8 percent increase in the U.S. packaging machinery market from 2015 to 2016.

PMMI’s annual State of the Industry report also estimates that domestic shipments of packaging machinery were worth $7.73 billion in 2016 and are forecast to grow at a compound annual growth rate of 2.2 percent, reaching $8.8 billion in 2022.

Read the full article here

Follow us on social media for the latest updates in B2B!


Use Cases and the Technology Enabling Medical Data, Privacy and Anonymization
Use Cases and the Technology Enabling Medical Data, Privacy and Anonymization
October 5, 2022
Health data makes up more than 30% of the world’s data (Intel, 2022) — and it’s growing each year. The data is more than tangible, straightforward information, like dates of vaccinations and test Read more
Preparing Gen Z for a Lifetime of Leadership with Erica Molett
October 4, 2022
When introducing Erica Molett, it can be hard to know where to begin. She has founded and is currently the CEO of three different organizations: Kandake Tech, Beyond the Ball, and Expansion Solutions Consulting. Read more
Forging Connections: Flipping CAPA on It’s Head with Prevention
October 4, 2022
Waste and lost money run rampant in various sectors, and healthcare and pharmaceuticals are no exception. Bethany Kearney, Director of Enablement for Sparta Systems, and Zillery Fortner, Product Read more