Packaging machinery shipments increase | Packaging world


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The value of domestic shipments rose 14.7% to $ 9.4 billion in 2020, according to 2021 State of the Industry US Packaging Machinery, a report released by PMMI, the Association for Packaging and Processing Technologies (Central Lobby ). Domestic shipments of processing machinery grew even stronger, increasing 15.5% to $ 972 million.

“This is a historic growth rate,” Jorge Izquierdo, vice president of market development at PMMI, said at a press briefing yesterday. He noted that years of growth are typically between 4 and 5 percent.

Packaging machinery exports accounted for $ 693 million of the $ 972 million, an 11% increase from 2019. Imports also increased, rising 13.4% to $ 2.9 billion. Izquierdo said the order book also set a record high of $ 3.14 million at the end of 2020.

The positive trend is expected to continue with double-digit growth this year and a compound annual growth rate (CAGR) of 7% through 2026. For this year, the strongest performance is expected from the household, industrial chemicals sector. and agricultural products with a CAGR of 8.6% until 2026, followed closely by pharmaceuticals at a CAGR of 8%.

The favorable outlook stems from economic trends, in particular the expected post-pandemic expansion of GDP. Another factor at play is the dominance of millennials in the U.S. population and their divergent preferences with other generations, especially baby boomers, the second largest group. These divergent tastes encourage the adoption of new flexible packaging machines.

Packaging machinery purchases are also driven by workforce challenges, the need for automation, demands for more sustainable packaging and the growth of e-commerce.

“The workforce challenges are here to stay,” said Izquierdo. As a result, brand owners are looking for intuitive equipment that “someone from the street could use,” he explained.

Automation is a must. The need for automation is driving the adoption of robotics, machine vision, artificial intelligence, industrial Internet of things, wireless connectivity, and distance services and training, while raising concerns regarding cybersecurity.

Sustainable development initiatives promote a more global vision of the value chain and the optimization of materials and machines. This is leading to a shift towards lightweight flexible packaging, innovations in packaging materials, the specification of more energy efficient packaging machines and the need to optimize equipment to efficiently use the most durable materials.

The continued growth of e-commerce will lead to further redesigns of packaging and equipment innovations to accommodate increased points of contact between manufacturer and consumer.

“The workforce challenges are here to stay,” said Izquierdo. As a result, brand owners are looking for intuitive equipment that “someone from the street could use,” he explained.

Automation is a must. The need for automation is driving the adoption of robotics, machine vision, artificial intelligence, industrial Internet of things, wireless connectivity, and distance services and training, while raising concerns regarding cybersecurity.

Sustainable development initiatives promote a more global vision of the value chain and the optimization of materials and machines. This prompts a shift towards lightweight flexible packaging, innovations in packaging materials, the specification of more energy efficient packaging machines, and the need to optimize equipment to efficiently use the most durable materials.

The continued growth of e-commerce will lead to further redesigns of packaging and equipment innovations to accommodate increased points of contact between manufacturer and consumer.


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