Press Release Summary:
Innovation Stage at PACK EXPO International and Pharma EXPO 2016 will produce largest on-floor education program since its inception in 2012, with 71 sessions across 4 stages, featuring new technology and advances from all segments of processing and packaging market. According to 2016 PMMI State of the Packaging Industry – U.S. Packaging Machinery Report, the U.S. Packaging Machinery Market is estimated at $10 billion as of 2015. New advances on display are fueling industry growth.
Original Press Release:
Largest Innovation Stage Ever at PACK EXPO International/Pharma EXPO Reflects Growth in Packaging Machinery Market
Reston, Va.; — The Innovation Stage at PACK EXPO International and Pharma EXPO 2016 (Nov. 6-9; McCormick Place, Chicago) will produce the largest on-floor education program since its inception in 2012, with 71 Innovation Stage sessions across four stages, featuring new technology and advances from all segments of the processing and packaging market.
According to the soon to be released 2016 PMMI State of the Packaging Industry – U.S. Packaging Machinery Report and infographic from PMMI, The Association for Packaging and Processing Technologies, the U.S. Packaging Machinery Market is estimated at $10 billion as of 2015. The new advances on display on the Innovation Stage are fueling industry growth.
As the infographic highlights, the value of domestic shipments of packaging machinery is projected to grow at a CAGR of 2.4 percent to $8.5 billion in 2020. The labeling, decorating and coding, and case handling machinery groups are forecast to grow the fastest of all machinery types to 2020, at CAGRs of 3.9 and 2.5 percent respectively. The pharmaceuticals sector is forecast to grow the fastest of all sectors to 2020, at a CAGR of 2.8 percent. This is followed by the beverages sector, which is forecast to grow at a CAGR of 2.4 percent.
At the PACK EXPO Innovation Stage, located in the Grand Concourse, attendees can attend free sessions focused on the trends that are driving industry growth such as food safety, OEE, Internet of Things, track and trace technology, flexible manufacturing systems, packaging for e-commerce, remote monitoring, printing technologies and much more.
Pharma EXPO will host an additional Innovation Stage in the West Lobby addressing innovations for the pharmaceutical industry including tamper evident solutions, serialization, active packaging solutions, process control, protective packaging.
All Innovation Stage sessions are 30-minutes in length and free to attend. Check the schedule for full details.The full program will also be available on the PACK EXPO International/Pharma EXPO mobile app.
PACK EXPO International and Pharma EXPO will bring together more than 2,500 exhibitors showcasing their processing and packaging innovations to 50,000 attendees in over 1.2 million net square feet of exhibit space. Learn more and register at packexpointernational.com. Registration for the show is $100 and includes admission to all exhibits and the Innovation Stage.
PMMI, The Association for Packaging and Processing Technologies, represents the voice of more than 750 North American manufacturers of equipment, components and materials for processing and packaging. We work to advance a variety of industries by connecting consumer goods companies with manufacturing solutions through the world-class PACK EXPO portfolio of trade shows, leading trade media and a wide range of resources to empower our members. The PACK EXPO trade shows unite the world of processing and packaging to advance the industries they serve: PACK EXPO International, PACK EXPO Las Vegas, Pharma EXPO, PACK EXPO East, EXPO PACK México, EXPO PACK Guadalajara and ProFood Tech, launching in April 2017. PMMI Media Group connects manufacturers to the latest solutions, trends and innovations in processing and packaging year-round through brands including Packaging World, Automation World, Healthcare Packaging, Contract Packaging, ProFood World and Packaging + Processing OEM. PMMI Business Drivers assist members in pursuing operational excellence through workforce development initiatives, deliver actionable business intelligence on economic, market and industry trends to support members' growth strategies, and actively connect the supply chain throughout the year.
Learn more at PMMI.org and PACKEXPO.com and PMMIMediaGroup.com.