Global Packaging Machinery Demand to Exceed $33 Billion in 2010

Pharmaceutical and personal care products will represent the fastest growing market for packaging machinery through 2010. Sales will be driven by increased spending for pharmaceuticals in many developing nations, by the growing use of disposable medical devices, and by and aging of the population in developed countries. The food industry will remain by far the largest single market for packaging equipment, accounting for more than two-fifths of all product demand in 2010.