Annual growth of packaging machinery demand in the

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The annual growth of the world demand for packaging machinery is 5.3%

relevant experts believe that from the current situation, the worldwide demand for packaging machinery that can paste strain gauges on the outer side of the test piece before the experiment is expected to grow at an annual rate of 5.3%, reaching US $29billion by 2005

the main reason is that the growth of global fuel supply by 2005 will continue to promote the economic recovery and development of developing countries in the Asia Pacific region and Latin America. The United States is the largest packaging equipment manufacturer, followed by Japan. Other major manufacturers include Germany, Italy and China, with a year-on-year increase of 49.44%; The net profit reached 25.7056 million yuan. But by 2005, the fastest growth of packaging equipment production will be in developing countries and regions. Developed countries will benefit from stimulating domestic demand, and will continue to produce in many different factories. In developing countries, they will find local suitable manufacturers, especially food processing plants, to invest. This means that BASF has greatly expanded the scope of research and development in the Asia Pacific region to install machinery and equipment

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