Arlington, VA, December 9, 2004 -- With more than $5.930 billion in turnover, and a national consumption of $6.765 billion in machinery sales in 2003, the United States continued its overwhelmingly dominant position as the leading packaging machinery marketplace. Members of the Packaging Machinery Manufacturers Institute (PMMI) control 75% of the U.S. marketplace and 25% of the global marketplace.
"PMMI member companies are the leading players throughout the global marketplace for packaging machinery," notes Charles D. Yuska, PMMI president. Germany lags significantly behind U.S.-based original equipment manufacturers in terms of national consumption with only $1.6 billion in packaging machinery sales sold within that country's borders. Both China ($3.984 billion) and Japan ($3.221 billion) continued their trend of serving their respective marketplaces internally.
The top five countries, ranked in order of packaging machinery sales, are as follows:
- United States: $5.930 billion
- Germany: $4.584 billion
- Japan: $3.339 billion
- Italy: $3.277 billion
- China: $2.699 billion
The top five countries, ranked in order of national consumption of packaging machinery, are as follows:
- United States: $6.765 billion
- China: $3.984 billion
- Japan: $3.221 billion
- Germany: $1.697 billion
- Spain: $1.012 billion
