Packaging Machinery Market Projected to Cross the $40 Billion Mark in 2012, According to New Report by Global Industry Analysts, Inc

Demand for packaging machinery is fuelled by emerging trends of packaging as a marketing tool and escalating consumer preferences for package convenience and product information. Product and technological innovations, rising equipment standardization and mounting packaging concerns are characteristic of new trends in the industry. Global packaging machinery market is projected to reach $40.3 billion by 2012.

San Jose, CA (PRWEB) April 21, 2008 -- Growth in the packaging of consumer goods, pharmaceuticals and cosmetic products is expected to be robust due to the aging population in industrialized countries and increasing affluence of developing economies in Eastern Europe, Asia-Pacific and Latin America. Value-added packaging is the most predominant global market trend that is driving demand for new and efficient machinery. In addition, advent of new technologies, development of complex packaging materials, trends in food consumption and preparation, and design, shape, reusability, size and convenience of packages have a profound impact on the structure and performance of the machinery market. Integration, automation, standardization, environmental safety, versatility, shorter turnaround times and faster changeover continue to be the key growth drivers in the global packaging machinery market.

European market for packaging machinery, largest worldwide is estimated at $12.7 billion, as stated by Global Industry Analysts, Inc. US and Europe collectively account for nearly 60% of the global packaging machinery market (http://www.strategyr.com/Packaging_Machinery_Market_Report.asp). Global form-fill-seal machinery market (http://www.strategyr.com/Packaging_Machinery_Market_Report.asp) is estimated at $5.3 billion. Coding/marking/labeling machinery market (http://www.strategyr.com/Packaging_Machinery_Market_Report.asp) in Asia-Pacific is projected to grow at a compounded annual rate of 8.6% over the period 2000-2010.

The global marketplace includes participants such as Barry-Wehmiller Companies, Accraply, Bradman Lake Group, B&H Labeling Systems, Belco Packaging Systems, CKD Corp, Coesia SpA, Dover Corp, Doyen Medipharm, EDL Packaging Engineers, Fleximation AG, Harland Machine Systems, Herma UK Ltd, Illinois Tool Works, IMA SpA, KHS USA, Krones AG, Lantech, Loveshaw Corporation, Masterfil Limited, MeadWestvaco Corp, Medical Engineering Technologies, Molins PLC, M&O Perry Industries, Newman Labeling Systems, Ocme UK, Orion Packaging Systems, Robert Bosch GmbH Packaging Technology, Scandia Packaging Machinery, SIG Combibloc, Strapack Corporation, Tegrant Corporation, Tetra Laval, Sidel SA, Tetra Pak, Uhlmann Pac-Systeme GmbH, Visual Packaging Group, Weber Marking Systems and Winpak Ltd.

"Packaging Machinery: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, product profile, players, competition, technological developments, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets such as United States, Japan, France, Germany, the UK, Italy, Spain, Asia, Latin America and the Middle East. Analytics for the period 2000-2015 are provided in terms of product segments including Aseptic Packaging Machinery, Blister Packaging Machinery, Bottles Cleaning/Drying Machinery, Bottling and Canning Machinery, Cartoning/Case Forming Machinery, Coding/Marking/Labeling Machinery, Flexible Packaging Machinery (Form-Fill-Seal Machinery & Pouching Machinery), Laminating/Delaminating Machinery, Palletizing Machinery, PET Packaging Machinery, Testing/Inspecting/ Detecting Machinery, Thermo Forming Machinery, Vacuum Packaging Machinery, Wrapping Machinery (Bundling/ Strapping/ Lacing Machinery, Individual Wrapping Machinery, Over-Wrapping Machinery, Shrink Wrapping Machinery, Stretch Wrapping Machinery & Twist Wrapping Machinery), Miscellaneous Packaging Machinery and Packaging Machinery Accessories and Parts.

For more details about this research report, please visit

http://www.strategyr.com/Packaging_Machinery_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) (http://www.strategyr.com) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

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