Once packagers plan, design and market their products, they inevitably need to ship those products. With the global demand for packaging machinery projected to advance 6.5% per annum through 2019 to $52.5 billion, according to The Freedonia Group, case packing machinery is bound to be a large contributor to that number.
Product sales will be driven by market growth in China and other industrializing nations, where demand for processed food and beverage products and other manufactured goods is expected to post the strongest increases as personal incomes and consumer spending rise.
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