A new report shows that the packaging machinery industry in Eastern Europe is experiencing rapid growth because the European Union intends to enter the western market. Manufacturers in Eastern Europe, the Middle East and Africa are now gradually turning to automation and the use of robots to improve the production speed of production lines, improve production efficiency, and reduce labor costs while expanding sales
the report released by IMS research institute points out that automation technology can increase the overall value of the packaging machinery market to 11.3 billion euros in 2009. According to IMS calculation, the new EU Member States and Russia have the largest demand for packaging machinery, and the annual sales growth depends on the actual environmental protection actions of consumers by about 10%. At the same time, coupled with the growth of other markets, the machinery industry should maintain a compound annual growth rate of 4.3% in the next three years. Until recently, the production level of Eastern Europe was still lower than that of Western Europe. However, after joining the European Union, Eastern Europe has increased the income of consumers and the demand for processed food and beverages. With the development of these markets, companies in Eastern Europe began to upgrade their production lines automatically to meet domestic demand and expand their export capacity
Don Tait, a senior analyst at IMS, said that this demand may affect the performance-based machinery industry to improve its strength (especially fatigue strength) and wear and corrosion resistance for a long time. Tait said, "the voice of using food and beverage processing equipment with faster speed and higher automation in the industry will only become stronger and stronger. At the same time, it will continue to improve the effectiveness of capital and pursue the reduction of labor costs. Technological innovation entices producers to use more multifunctional processing methods, such as robots, and widely use PLC, servo system and mechanical vision to replace old mechanical solutions." Tait said that this demand also comes from manufacturers that regulate their production lines in accordance with EU safety and health standards. He said, "in May 2004, ten Eastern European countries joined the EU, which has brought very positive economic results to these countries as a whole, especially huge demand for their food processing industry. New EU countries must modernize and upgrade their own equipment in accordance with the requirements of the EU."this two page IMS report by Tait and Tim Dawson analyzes the growing demand in the bottling and processed food industry
a new report shows that the packaging machinery industry in Eastern Europe is experiencing rapid growth because the European Union intends to enter the western market. Manufacturers in Eastern Europe, the Middle East and Africa are now gradually turning to automation and the use of robots to improve the production speed of production lines, improve production efficiency, and reduce labor costs while expanding sales
the report released by IMS research institute points out that automation technology can increase the overall value of the packaging machinery market to 11.3 billion euros in 2009. According to IMS calculations, the new EU Member States and Russia have the largest demand for packaging machinery, with annual sales growth of about 10%. At the same time, coupled with the growth of other markets, the machinery industry should maintain a compound annual growth rate of 4.3% in the next three years. Until recently, the production level of Eastern Europe was still lower than that of Western Europe. However, after joining Euro 5 and the Alliance for oil filling and oil drainage of tensile testing machines, Eastern Europe has increased the income of consumers and the demand for processed food and beverages. With the development of these markets, companies in Eastern Europe began to upgrade their production lines automatically to meet domestic demand and expand their export capacity
Don Tait, a senior analyst at IMS, said that this demand may affect the automatic machinery industry for a long time. Tait said, "the voice of using food and beverage processing equipment with faster speed and higher automation in the industry will only become stronger and stronger. At the same time, it will continue to improve the effectiveness of capital and pursue the reduction of labor costs. Technological innovation entices producers to use more multifunctional processing methods, such as robots, and widely use PLC, servo system and mechanical vision to replace old mechanical solutions." Tait said that this demand also comes from manufacturers that regulate their production lines in accordance with EU safety and health standards. He said, "in May 2004, ten Eastern European countries joined the EU, which has brought very positive economic results to these countries as a whole, especially huge demand for their food processing industry. New EU countries must modernize and upgrade their own equipment in accordance with the requirements of the EU."this two page IMS report by Tait and Tim Dawson analyzes the growing demand in the bottling and processed food industry
information source: Zhongyan
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