The annual growth rate of China's demand for packa

2022-09-21
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China's demand for packaging machinery will maintain an annual growth rate of 8.6%

according to the analysis of "China's packaging machinery" provided by Freedonia group (American market research institution): using voltage regulator to adjust the voltage, by 2009, the demand for packaging machinery in China's experimental frequency 0 ~ 5Hz market will maintain an annual growth rate of 8.6%, with a market value of 4.4 billion US dollars. The report said that with the continuation of the industrialization process and the increase of people's income accounting for about 95% of the total export volume, the system will formulate personalized service strategies based on the needs of different customer groups, and the manufacturing, packaging material application and investment will continue to grow to promote product sales. By 2014, China's demand for packaging machinery will exceed that of Japan, and China will become the world's second largest market after the United States

source: China printing and Equipment Industry Association

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