Packaging

PMMI reports good news on 2010 packaging machinery shipments

November 28, 2011
/ Print / Reprints /
ShareMore
/ Text Size+
PMMI sees a 12% jump from the previous year, thanks to food, beverage and pharmaceutical end user market segments.


The Packaging Machinery Materials Institute (PMMI), Reston, Va., reports that U.S. packaging machinery shipments in 2010 saw a 12% boost from 2009, bringing the shipments totals to $5.5 billion, up from $4.9 billion the year before.

PMMI's annual U.S. Packaging Machinery Shipments Report also indicates exports, as measured in U.S. dollars, increased 9%, from $891 million in 2009 to $975 million in 2010, while imports jumped 13%, from $1.17 billion to $1.32 billion.

"In recent years, the packaging machinery market has reflected trends in the general economy," says Charles D. Yuska, president and CEO of PMMI. "In 2008, shipments were generally flat from 2007, and in 2009, shipments dropped by about 16.3%. The increase in 2010 shipments mimicked the slow economic recovery, however preliminary data shows significant growth in 2011."

The Shipments Report notes Food, Beverage and Pharmaceuticals/Medical Devices accounted for 70 percent of dollars spent on packaging machinery. The other categories shown in the study, such as consumer durables, paper products and other consumer non-durables, chemicals, hardware/industrial/automotive, converters/printers and personal care/toiletries/cosmetics,” account for the balance.

"The proportions between market niches are consistent with what we've seen since 2004: Food is the largest market, then beverage, pharmaceutical and medical," Yuska says. "Together, they average out to about 70% of the market."

U.S. Packaging Machinery Shipments for 2010 were calculated by combining responses from 178 PMMI member packaging machinery manufacturers (subtracting Canadian members) with projected non-member shipments.

Source: www.pmmi.org

Did you enjoy this article? Click here to subscribe to Snack Food & Wholesale Bakery Magazine 

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 Bakery of the Year: Capistrano's Wholesale Bakery, Phoenix AZ

Here’s a look at Capistrano’s Bakery, our 2014 Bakery of the Year.

11/7/13 2:00 pm EST

Food Plant of the Future: The Future of Wastewater Management

Available On-Demand Effective management of wastewater is becoming increasingly critical to food and beverage processors as the cost for incoming water increases...

Baking Industry Workforce

The American Bakers Association has launched a yearlong project to address the workforce skills gap in the baking industry. Does your company have difficulty finding qualified workers?
View Results Poll Archive

THE SNACK AND BAKERY STORE

organic-production-&-food-q.gif
Organic Production and Food Quality: A Down to Earth Analysis

Effects of Organic Production on Food Quality is the first comprehensive book on how organic production methods influence the safety and quality of foods, based on an unbiased assessment of the latest scientific findings.  The title is a 'must-have' for everyone working within the food industry.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

Facebook IconTwitter IconYoutube IconLinkedIn Icon

The Weekly Mix

Operations Weekly Logo

Written by Snack Food & Wholesale Bakery editors, our Operations Weekly weekly enewsletter provides bakers and snack food manufacturers with up-to-the-minute news, ideas and industry trends.

Sign up today!