Air tight: Consumer spending drives rebound across industry's diverse markets, fueling growth

The Packaging Machinery Manufacturing industry enjoyed healthy growth in the five years to 2017, benefiting from continued recovery the of the US economy. The industry's three largest markets, the food and beverage, household goods and pharmaceutical sectors, experienced increased demand in recent years, driving greater need for packaging machinery used to prepare their products for sale. These trends are expected to continue in the next five years, sustaining the industry's revenue growth and improving profit margins as operators return to full capacity. Industry strategy will focus on stimulating new revenue streams by increasing exports, with operators seeking to sell to manufacturers in emerging economies that service new middle-class consumers...purchase to read more.

Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 12-17
0.5%
Forecast Growth 17-22
Profit
Employment
18,928
Businesses
576

Industry Threats & Opportunities

  • Increased demand in downstream sectors allowed operators to increase production, boosting profit
  • US products have become more expensive to foreign buyers, making industry exports less price-competitive
  • Demand from food manufacturers, retail trade and the pharmaceutical sector are forecast to rise
  • Industry Report - Industry SWOT Analysis Chapter

    The Packaging Machinery Manufacturing industry is in the mature stage of its life cycle. Mature industries are characterized by growth rates roughly in line with the wider economy. Industry value added (IVA), which measures an industry's contribution to the overall economy, is forecast to increase at an annualized rate of 1.2% during the 10 years to 2022. IVA will not exceed US GDP growth, projected at an annualized rate of 2.0% over the same period, and this indicates that the industry will contribute to a slightly lesser share of the US economy.Ongoing recovery of downstream markets will underpin industry growth, with increased consumer spending increasing demand for food and beverage products and household goods. How...purchase to read more.

    Additional Insights for the Packaging Machinery Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Packaging Machinery Manufacturing Industry are

  • Access to the latest available and most efficient technology and techniques
  • Proximity to key markets
  • Having contacts within key markets
  • IBISWorld analysts also discuss how external factors such as Consumer spending and Demand from food manufacturing in the Packaging Machinery Manufacturing industry impact industry performance..

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    What's in this report

    What is the Packaging Machinery Manufacturing Industry?

    This industry manufactures packaging machinery, such as wrapping, bottling, canning and labeling machinery.

    Industry Products
  • Wrapping, bundling and palletizing
  • Case forming, packing, packaging bottling and sealing incl. parts
  • Sales of parts and miscellaneous receipts
  • Industry Activities
  • Manufacturing filling and capping machinery for primary packaging
  • Manufacturing form-fill sealing machinery and equipment
  • Manufacturing case forming, packing and sealing machinery and equipment
  • Manufacturing wrapping, bundling and palletizing equipment
  • Manufacturing labeling and coding systems and equipment used in packaging
  • Manufacturing parts for packaging machinery and equipment
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer spending
  • Demand from food manufacturing
  • Demand from retail trade
  • Trade-weighted index
  • World price of steel

  • Current Performance
  • Economic recovery drives growth
  • Trade is sensitive to US dollar
  • Industry productivity surges
  • Chart: Revenue Growth

  • Industry Outlook
  • Trade is sensitive to US dollar
  • Industry productivity surges
  • Table: Packaging Machinery Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Packaging Machinery Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Frozen Food Production
  • Bread Production
  • Cookie, Cracker & Pasta Production
  • Snack Food Production
  • Sanitary Paper Product Manufacturing
  • Soap & Cleaning Compound Manufacturing
  • Cosmetic & Beauty Products Manufacturing

  • Key Selling Industries
  • Aluminum Manufacturing
  • Ball Bearing Manufacturing
  • Electrical Equipment Manufacturing
  • Iron & Steel Manufacturing
  • Screw, Nut & Bolt Manufacturing
  • Semiconductor Machinery Manufacturing
  • Structural Metal Product Manufacturing

  • Products & Services
  • Case forming, packing, packaging bottling and sealing incl. parts
  • Other
  • Wrapping, bundling and palletizing
  • Sales of parts and miscellaneous receipts
  • Chart: Packaging Machinery Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Food and beverage
  • All Other
  • Exports
  • Household goods
  • Pharmaceutical and medical
  • Chart: Major Market Segmentation for the Packaging Machinery Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Packaging Machinery Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Packaging Machinery Manufacturing Industry

  • Industry Globalization
    Illinois Tool Works Inc., Pro Mach Inc.,
  • Table: Illinois Tool Works Inc. - financial performance
  • Table: Pro Mach Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Packaging Machinery Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Packaging Machinery Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Consumer spending (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Palletize
  • The process of placing or stacking product groups on pallets for storage or transportation
  • Primary Packaging
  • The layer of packaging that comes into direct contact with the product.
  • Secondary Packaging
  • The packaging involved in the re-cartoning or cartoning of a product, such as a cardboard tray or box.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Packaging Machinery Manufacturing Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Packaging Machinery Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Packaging Machinery Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Packaging Machinery Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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