Printing, Paper, Food, Textile & Other Machinery Manufacturing in the US - Industry Market Research Report

Printing, Paper, Food, Textile & Other Machinery Manufacturing in the US - Industry Market Research Report

  • December 2020 •
  • 51 pages •
  • Report ID: 198773 •
  • Format: PDF
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Abstract

Printing, Paper, Food, Textile & Other Machinery Manufacturing in the US
The Printing, Paper, Food, Textile and Other Machinery Manufacturing industry is a collection of several subsegments that produce industrial machinery for their respective downstream manufacturing industries. Demand hinges on activity in discrete downstream markets, as downstream manufacturers purchase machinery in response to domestic and international consumer demand for their products. Therefore, the industry is influenced by the level of industrial production and the amount of private investment in industrial equipment across the economy. The expansion of printing, paper, food, textile and other manufacturers has necessitated increased investment in new manufacturing machinery, benefiting industry operators over the five years to 2019. Over the five years to 2024, industry revenue growth is expected to continue following increased consumer spending that will yield greater industrial production and subsequent investment in industrial equipment.

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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