PMMI infographic forecasts growth for the global packaging market
Growth in the world market for packaging machinery is expected to reach an estimated $42.2 billion by 2021, up from $36.8 billion in 2016, according to the newly released A Look at Packaging Around the World infographic from PMMI, The Association for Packaging and Processing Technologies.
This prediction of a compound annual growth rate (CAGR) of 2.8 percent arrives just in time for the PMMI produced PACK EXPO International and Healthcare Packaging EXPO (Oct. 14–17, 2018; McCormick Place, Chicago), where attendees can see the innovations and new technology fueling this expanding market.