Printing, Paper, Food, Textile & Other Machinery Manufacturing in the US
The Printing, Paper, Food, Textile and Other Machinery Manufacturing industry is not quite a single industry, but rather a collection of five distinct industries that produce industrial machinery for their respective downstream manufacturing industries.Demand hinges on activity in such downstream markets. While the overall volume of industrial production and the value of the dollar affect the industry as a whole, the degree of impact varies for each industry segment. Performance has varied according to product segment, corresponding to demand conditions for respective downstream manufacturers. However, the industry as a whole benefited from consistently rising consumer demand and early boosts in business confidence. Over the five years to 2021, industry revenue growth is expected to follow broader consumer spending growth, as the level of disposable income per capita continues to rise and unemployment continues to fall.
Operators in this industry manufacture diverse industrial machinery, including machinery for food processing (e.g. ovens), sawmills and paper industries (e.g. log splitters), printing industries (e.g. printers) and other industries (e.g. knitting machinery and kilns). This industry does not contain information on semiconductor machinery manufacturing in the United States (see IBISWorld report 33329a).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.