Italy's market for packaging machinery shrinks

28 Jan 2021 − 

The Italian packaging machinery industry is expected to see a 5% average decline in turnover to €7.64bn (€8.04bn) in 2020 compared to 2019.

On the basis of preliminary data, the Italian Packaging Machinery Manufacturers Association UCIMA reports a decline of 4.5% for exports and domestic sales could fall by up to 6.8%. In particular, key demand from export markets is expected to shrink €6.06bn in terms of turnover, while domestic demand is expected to fall to €1.57bn.

This is an excerpt from an article to be published in EUWID Packaging Markets 3/2021.

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