2008 Plastic Machinery Market Optimistic

According to the European Plastics Machinery Manufacturers Association, sales of European plastics machinery and market orders have all increased significantly. “European Plastic Weekly” News: European plastic and rubber machinery products festive sales increased this year, and look forward to this good momentum can continue until 2008. The European Plastics Machinery Manufacturers Association said in its annual market research report that in 2006 European production of plastics increased by 6.4%, a slight decrease compared to 2005. In 2006, the export of plastic machinery increased by 39.2%, and the export of plastic machinery accounted for 68.2% of the total production.
This kind of sales situation will continue to increase in the first half of 2008, but the association has not announced how much the growth rate will be. As of the end of June 2007, two-thirds of the companies surveyed reported that their product sales were “very good” and 30% of the visited plastic machinery manufacturers considered it “satisfactory.” In the export market, the export performance of European plastics machinery is particularly prominent, and its export equipment orders are expected to be much better than in the first half of 2007. In the first six months of 2007, the number of equipment orders increased exponentially.
The European Plastics Machinery Manufacturers Association said that most members believe that market demand will not change significantly in the second half of 2007. Only a few respondents believe that there will be further changes in market demand. Looking forward to the first half of 2008, the production of plastic machinery will maintain its current level. 2/3 of the interviewed manufacturers believe that the turnover will continue to increase. Only one-third of manufacturers believe their plastic machinery sales will have further room for growth.
More than one-half of the visited plastics machinery manufacturers plan to increase their employees in the first half of 2007. Only a few manufacturers have not increased the number of employees. It is expected that by the first six months of 2008, more manufacturers will increase the number of employees.
Plastics machinery manufacturers talked about the unfavorable factors in the market, without exception, talked about the problems they face, such as the lack of skilled workers in the market, as well as the lack of supply of various equipment accessories complaints, delays in delivery, The sharp rise in raw material prices and the lack of other services. The European Plastics Machinery Manufacturers Association provides services to more than 3,400 plastics processors, mold and mold manufacturers, auxiliary equipment manufacturers and plastic film curved press manufacturers. These companies have a total of more than 9,100 employees, and the output value of 2006 was 15.7 billion euros.