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Manufacturing News

TECH FLASH

Packaging equipment shipments up 19 percent in 2011

graph pie chart packaging machinery
September 10, 2012
PMMI Chart
The food and beverage industry commands 60 percent of packaging machine shipments. Source: PMMI.

Domestic shipments of US packaging machinery increased 19 percent to $7.7 billion in 2011, while US packaging machinery consumption, including imports, jumped by 23 percent to $8.8 billion, according to PMMI’s 2012 Shipments Study. The data is based on statistics supplied by 187 PMMI members and estimated numbers from non-member shipments.

“2011 was a year of significant shipments growth for our industry powered mainly by the release of the pent-up demand from the past three years,” says Jorge Izquierdo, vice president of market development, PMMI.

The report also provides good news for the packaging industry and the economy:

  • Exports of packaging machinery increased 16 percent to $686 million.
  • Imports of packaging machinery increased 35 percent to $1.787 billion.
  • Foods (36 percent) and beverages (24 percent) account for the majority of sales to end-use markets, while pharmaceutical and personal care products make up 8 and 7 percent, respectively.
  • Backlog orders of packaging machinery dollar shipments in 2011 increased by 28 percent compared to backlog orders at the end of 2010.

For more information on the report, visit PMMI.org/research.

KEYWORDS: PMMI

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