Beverage market on the rise.
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The beverage market accounts for nearly one quarter of annual U.S. packaging
machinery shipments, second only to the food industry. According to PMMI’s
recent Second Quarter of 2012 Purchasing Index report, this market will
continue to grow in 2012. The report shows that the impact of the economic
downturn has lessened and the beverage market is expected to outpace the market
as a whole in Q2 of this year. Highlights of the report
• Respondents in the beverage industry projected spending for packaging
machinery should maintain a continued increase with an index of 72.9 over Q2
• Investments by U.S. beverage companies in packaging machinery in Q2 2012
should progress at a much faster rate over Q1, outperforming the total market
by 6.7 index points.
• 29% of respondents from the beverage industry indicated they will increase
packaging machinery investment projects in Q2 beyond what had been initially