Global Packaging Machinery Demand to Exceed $33 Billion in 2010

Global demand for packaging machinery is projected to expand 4.9 percent per year through 2010 to over $33 billion. Developing parts of the world will provide suppliers with some of the best sales opportunities going forward. Industrialization-related fixed investment activity, rising per capita incomes and growth in packaged goods production will all contribute to increases in equipment demand in these areas, most notably in Asia and Eastern Europe.