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World packaging machinery demand set to grow by 4.9% annually to 2018

World packaging machinery demand set to grow by 4.9% annually to 2018, UCIMA, Asia packaging, packaging machinery manufacturers, food packaging
GLOBAL -
The global packaging machinery market is expected to grow by 4.9% per annum over the next three years to hit an estimated value of EUR 40.3 billion in 2018.

This was the conclusion of a new forecast study for global packaging machinery, published by the Ucima Research Department.

According to the study, global packaging machinery will be driven by demand mainly from the developing regions - from Asia, Africa and Oceania (+7.1%), followed by that of Latin America (+5.6%)… For the full story, subscribe to Packaging Business Insight Asia here.

 

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