IPACK-IMA Monitor Results Reported

MILAN, ITALY | Show organizers have released results of the Ipack-Ima Monitor survey, linked to the show of the same name scheduled for May 29–June 1, 2018, at the Fiera Milano in Milan. The 2017 first-half figures for the Italian processing and packaging industry reveal higher-than-expected domestic revenues driven by government incentives on the purchase of capital goods. The trend is expected to continue in the second half of the year as exports also pick up. 

The main risks and threats perceived by companies include increased competition, commodity prices, taxation, and labor and service costs. Slower growth in exports compared to domestic Italian sales is said to be the most significant figure to emerge from the Monitor.

The half-yearly business study was conducted over a sample of companies representing the entire supply chain. The industry, consisting of manufacturers of processing and packaging machinery, suppliers of components, and producers of materials, serves a range of industrial sectors divided up into a number of business communities: Food, Fresh & Convenience; Meat & Fish; Pasta, Bakery, Milling; Beverage; Confectionery; Chemicals, Home & Industrial; Health & Personal Care. The results of the survey reveal how the breakdown of sales has changed in the first half of 2017: Export sales grew on average less than domestic turnover, a phenomenon largely driven by the Italian government’s incentives on capital goods purchases.

The positive domestic market trend is continuing in the second half of the year, with exports also expected to pick up. The proportion of companies reporting turnover growth is set to rise by 10 percentage points to reach 85%, half of whom will see increases of more than 5%.

The IPACK-IMA Monitor reveals a general climate of confidence that is reflected in trade fair participation, organizers say. Six months before the exhibition is due to begin, more than 800 companies have confirmed that they will be taking part and are preparing to present their latest innovations at the show.

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