Vacuum packaging machinery development market how big

The food industry is undoubtedly a very strong economic part of the world, with high investment. Therefore, the food packaging industry is a considerable market. This industry is the largest buyer of vacuum packaging machinery, with a share of nearly 70%, followed by electronic products such as ICs, chips, circuit boards, etc. The procurement volume of this industry accounts for 20% of the purchase volume of vacuum packaging machinery.

The volume of trade in the global vacuum packaging machinery industry has been increasing for many years and reached 15 billion euros by the end of the first half of 2010. Because the financial crisis in 2008 dampened demand, the volume of trade last year was affected. In 2009, the export volume was about 2 billion euros, which was a quarter lower than in 2008. However, this year's demand has increased strongly.

Nowadays, there are many varieties of vacuum packaging machines, short innovation cycles, and new functions that can achieve the highest hygiene requirements. Therefore, vacuum packaging machine manufacturers have only a high degree of innovation in their design, so they can stand undefeated in the fierce market competition. Instead of blindly catering to consumers' appetites, it is crazy to fight the price of vacuum packaging machines. The fight for price war will undoubtedly bring harm to consumers and manufacturers at the same time, and the entire industry will suffer. Therefore, the development of vacuum packaging machine industry must take a long-term development.