Domestic Shipments of Packaging Machinery Could Reach $11.2 Billion
Based on the new State of the Industry U.S. Packaging Machinery Report infographic by PMMI, The Association for Packaging and Processing Technologies, packaging machinery shipments could reach $11.2 billion. Download the full infographic below.
Illustrating findings from PMMI’s State of the Industry U.S. Packaging Machinery Report, the infographic shows the value of domestic shipments of packaging machinery rose 6% to $8.7 billion in 2018 — and are forecast to grow at a compound annual growth rate (CAGR) of nearly 4% through 2024.