Printing, Paper, Food, Textile & Other Machinery Manufacturing in the US
Over the five years to 2018, the Printing, Paper, Food, Textile and Other Machinery Manufacturing industry performance has been rooted in growing levels of disposable income and falling unemployment, which has led to increased consumer spending and consequently, higher retailer demand for manufactured goods. Influenced by growing demand from retailers, downstream manufacturers have expanded their production capacity by investing in new manufacturing equipment. Over the five years to 2023, industry revenue growth is expected to follow broader consumer spending increases, as the level of per capita disposable income continues to rise and unemployment levels stabilize. Increases in spending levels will flow up the supply chain to encourage manufacturing activity, boosting demand for machinery from manufacturers seeking to expand capacity.
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.
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