Packaging Strategies and Flexible Packaging editorial director Kristin Joker and PMMI’s Jorge Izquierdo discuss what’s driving the demand for rental machinery. Part 4 of 6
The packaging machinery market is seeing an uptick in demand for rental machinery. There are three key drivers of this trend: flexibility, cost and return on investment. Continuously evolving consumer demands and the explosion of SKUs means that flexibility is paramount, particularly in the food and beverage markets.
North American sales of machine vision components and systems that provide vision intelligence to robots and other machines reached $2.874 billion in 2018, an increase of 9.2 percent over 2017 and a new record for the market.