Lancashire, UK -- (SBWIRE) -- 12/18/2015 -- According to a recent study carried out by Smithers Para, the global industrial packaging market is set to achieve an annual growth rate of 3.4% by 2020; a highly significant figure. The industrial packaging market was estimated to have a value of $48.6 billion globally in 2013, and this is expected to reach $61 billion in the next five years. It is therefore seen as increasingly important that businesses involving industrial packing – whether producing it or using it for their own products – take the right moves now to maximise their gains in a growing market.
An important way businesses can benefit financially from this positive market is to invest in their own industrial packaging where possible. After all further data in the 'Future of Industrial packaging to 2020' reports showed that the largest share of the industry packaging market (31%) is now in Asia, rather than Western Europe. By getting involved more actively in packaging, it is expected that Western businesses can help to reclaim some of this market share.This may mean opting for own industry-packing machines on-site; an increasingly popular choice for manufacturers.
Keen to comment on the optimistic outlook for the future of industrial packaging was Adpak, a supplier of newand used shrink wrap machines.
A spokesperson had this to say:
"Predicted growth in industrial packaging is important, as emphasizes the potentials in the area. Not only does it mean thatindustrial goods can be expected to be wrapped to a high quality – as is often required - but also UK businesses can benefitfrom them too. For example, if you work in industry and have industrial items coming off the conveyor belt, packaging them as they are done is cost-effective and efficient; rather than transporting them to a separate packaging facility. That is why we offer a range of shrink wrap machines, allowing for greater autonomy when it comes to industrial packaging."
About Adpak
Adpak is a key supplier of new and used shrink wrap machines, as well as related equipment. They have an extensive website providing more information on their services: www.adpakmachinerysystemsltd.co.uk.
PR Contact:
Company name: AdPak
Tel: 01282 601444
Website: http://www.adpakmachinerysystemsltd.co.uk/
Contact person: Tina Turner
Email: tina@adpak.co.uk
Address: 3 Pendleside
Lomeshaye Industrial Estate
Nelson
BB9 6RY