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Packaging Machinery Industry Development

- May 10, 2018 -

The global demand for packaging machinery is growing at an annual rate of 5.3%. The United States has the largest producer of packaging equipment, followed by Japan, and other major producers include Germany, Italy and China. However, the fastest growing packaging equipment production in the future is in developing countries and regions. Developed countries will benefit from stimulating domestic demand and seek suitable local manufacturers in developing countries, especially investment in food processing plants to provide packaging machinery and equipment. Since China's accession to the WTO, it has made considerable progress. The level of China's packaging machinery has increased very rapidly, and the gap with the world's advanced level has gradually narrowed. As China becomes more open, China's packaging machinery will further open up the international market.