Continued Industry Growth May Begin to Stabilize

PMMI’s State of the Industry Report has long served as a reliable baseline of machinery shipment statistics incorporated into an in-depth report on the packaging machinery industry. PMMI vice president of market development Jorge Izquierdo offers a 30,000-foot view of his initial findings from the exhaustive report. After two years of unprecedented growth, Izquierdo predicts sustained growth, but perhaps not at the levels of 2020 and 2021.