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Packaging Machinery in China to 2016

Bharat Book Bureau | Thursday 20 September 2012 ( 0 Comment)
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Bharat Book Bureau Company Announces The Latest Report Of  "Packaging Machinery" Demand for packaging machinery in China is forecast to rise 7.5 percent per annum to ¥40 billion in 2016.
 
Demand to increase 7.5% per annum through 2016
 
Demand for packaging machinery in China is forecast to rise 7.5 percent per annum to ¥40 billion in 2016. Advances will be led by growth in manufacturing output, as consumption of Chinese goods grows bothinternationally
and domestically. The development of e-commerce in China and producers’ efforts to expand distribution to more areas in China will lead to the greater use of packaging, resulting in growth of associated packaging machinery sales. In addition, the intensity of packaging use in China will continue to rise for both functional and aesthetic reasons, further driving demand for packaging machinery. More stringent safety and hygiene standards for food, beverage, and medical products will drive demand for more advanced packaging equipment. However, government efforts to conserve resources by reducing packaging material and restrictions related to over-packaging will limit growth through 2016.
 
Filling, form/fill/seal equipment largest product type
 
Filling and form/fill/seal equipment will continue to be the largest product segment in value terms in 2016. Suppliers will benefit from increasing consumption of packaged food and beverages in China as lifestyles continue to change in line with rising personal income levels. Demand for these types of machinery will also grow due to the development of the pharmaceutical industry and improved medical technology. Demand for labeling and coding equipment is forecast to rise 8.2 percent per annum through 2016, recording the strongest advances of any packaging machinery product. Gains will be supported by stricter product labeling requirements in the food and beverage industries in China, particularly requirements to increase traceability.
 
To read report in detail : Packaging Machinery in China to 2016
 
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 Attached Files: Bharat Book Bureau - Market Research Report.jpg  
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