China's demand for packaging equipment will become the world's largest market
Mist Bottle Berlin Packaging (Qingdao) Co.,Ltd , https://www.berlinpackaging.cn
In the coming years, sales of packaging equipment in developing countries and regions will exceed those in developed countries and regions (such as Japan, the United States, and Western Europe). In the largest developing country, China, the demand for packaging equipment will exceed US$3.3 billion by 2012, thus surpassing the US to become the world’s largest market. In India and Russia, as well as in low-capacity markets such as Ukraine, Iran, Indonesia, Malaysia, Saudi Arabia, Mexico, South Africa, and Turkey, the market demand for packaging equipment also has some room for growth.
Although in some developed countries, such as the United Kingdom, Germany, Italy and Japan, the demand for packaging equipment will be relatively slow, but there will be some growth. On the other hand, packaging equipment manufacturing industry will also rise at a faster rate in developing countries, but the equipment manufacturing capacity is still led by industrialized countries. By 2012, Western Europe, Japan and the United States will continue to occupy two-thirds of the packaging machinery manufacturing market.