Global food&beverage packaging machinery market 2015-2020

19 December 2016

According to a new report by Technavio, the global food and beverage packaging machinery market was valued around $22 billion in 2015 and is expected to surpass $29 million by 2020. APAC will be the fastest-growing region, and is expected to contribute revenues of around $12 billion by 2020.
Manufacturers of plastic packaging machinery are impelled to introduce high-quality products to survive in an intensely competitive environment. To meet the production capacity due to the growing demand, packaging machinery with features such as integrated systems, enhanced automation, and shorter turnaround times are being introduced in the market (Press Release Technavio, 16 November 2016).
Click here for the press release.
Click here for more information about the report.
Click here for more information about the online NVC E-Workshop Food Contact Materials Legislation.
Click here for more information about the NVC Course Food Packaging.

This news item is also included in our monthly overview, the NVC Members-only Update. If you have any questions, please contact us: info@nvc.nl, +31-(0)182-512411.