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Growth expectations with packaging machines and in machinery industry

Growth expectations to rubber and plastics machines to 2020 higher than in machinery industry

This report compares the growth expectations of the sector rubber and plastics machines to 2020 to those in the machinery industry on the base of the market survey Quest TechnoMarketing carried out in 2017 about the future of the use of servo drives to 2020.

Update June 13th, 2018 - Production and sales of rubber and plastics machines have grown significantly more strongly than the machinery industry during the last years as the industry report rubber and plastics machines has analyzed.

How is this development reflected by the growth expectations of the sector to 2020 compared to the machinery industry?

Growth expectations to rubber and plastics machines to 2020 higher than those in machinery industry

Production and sales of rubber and plastics machines grew by 9% resp. 10% more strongly than those in machinery industry from 2014 to 2017.

This above average development of production and sales during the last years led also to above average growth expectations of this sector. Growth expectations of the sector to 2020 stands at yearly 7% compared with the machinery industry at yearly 5.5%.

Growth expectations to 2020 to rubber and plastics machines compared to machinery industry.

A third of the manufacturers of rubber and plastics machines expects a growth of more than 10% per year to 2020. This expectation is only shared by 15% of the machine-builders in the machinery industry. This share is more as half lower as in the sector of the rubber and plastics machines.