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Packaging machinery shipments in US could reach $8.5 billion in 2020

from DC Velocity

The value of domestic shipments of packaging machinery is projected to reach $8.5 billion in 2020, driven by fast growth in the food, beverage, and pharmaceutical sectors, a new study shows. That forecast would represent a 2.4 percent compound annual growth rate over the industry's 2015 value of $7.51 billion, according The Association for "Packaging and Processing Technologies' 2016 State of the Industry U.S. Packaging Machinery Report." more


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