Investing in a Brighter Future

PMMI's 2004 Purchasing Plans Study is a broad study, looking at the plans of both consumer and industrial goods companies over the full spectrum of the packaging segment. Results show that packaging machinery expenditures will increase to $5.479 billion, 4 percent more than last year.

The study also indicated that six of eight market segments will grow during 2004. These six segments—beverages, chemicals, durables, foods, personal care, and converters—account for about 81 percent of the U.S. and Canadian packaging machinery market, according to PMMI.