As people are increasingly demanding high-quality packaging, high-end packaging market gradually formed, which also propelled the rise in demand for packaging machinery, beverage, pharmaceutical and personal care products and chemical products, the demand for packaging machinery is growing rapidly.
Freedonia forecast 2014 food will account for 43% of global sales, which will be the fastest growing beverage, average annual economic growth rate of 5.3%. This is not surprising, considering that by 2050 there may be 9 billion people living on Earth, they need to eat and drink. German trade association VDMA said recently that the world packaging machinery has been increasing over the years. 2008 global packaging machinery market has reached 14.6 billion euros (about 20.6 billion US dollars). 2009 due to the recession curbed demand and falling exports. But from the beginning of 2010, the global market has been improving.
GIA Global Industry Analysts report that the global packaging machinery market in 2010 reached $ 32.5 billion, driven by demand in emerging markets, the expected 2015 sales of over 40 billion US dollars. MPI Group reported that although manufacturing plants around the world continue to cut production, but nearly half of companies plan to increase spending production equipment.
The competition is global, according to VDMA data show that Germany's share of world trade was 34% in 2009, sales of 4 billion euros (about 5.6 billion US dollars), compared to 2008 decreased by about 25%. United States Russia and China is Germany's most important export market. By comparison, in 2010 the Italian packaging machinery exports about 9.6 billion euros. North American trade association PMMI members are mainly engaged in processing, packaging and converting equipment business, whose purpose is to promote the success of the expansion of the North American members of the share of exports in the global market.
GIA that the main driving force behind growth in sales of packaging equipment is due to the development of emerging markets, especially in Asia and the Pacific, Latin America and the Middle East. GIA explained that this is due to the accelerated development of emerging industries, food processing and the rapid expansion of consumer durables industry, but there are a lot of foreign investment.
It is understood that the biggest trends luxury packaging area is the development of sustainable packaging, raw materials requires the use of more environmentally friendly materials certification. Foreign luxury goods packaging, not like the Chinese and some excessive packaging of goods, but not so complicated, cumbersome, and some luxury goods packaging is very simple, to make luxury packaging printing still processing services also belong to the category, corporate profits will not be high, domestic enterprises should be concerned with this package design, if a difference in packaging design, and its profits are very substantial.
Chinese high-end packaging industry experts Leung can believe that the current domestic consumption continues to grow jewelry watches, wine, tobacco tea, cosmetics, health products, food, electronic products, gifts and other high-end products of mass domestic demand, and international brands on the domestic high-end packaging products procurement continues to rise, all of the Chinese high-end packaging industry has brought a strong pulling power. While limiting consumption Excellencies indirect impact of short-term development of China's high-end package, but it in turn to pry open the Chinese high-end packaging industry a healthy, sustainable direction.