Il Cubo - World: Packaging Machines

The 2023 edition of the “Il Cubo” report drawn up by the Ucima-MECS Study Centre has been published: automatic machines record +3.8%, while the forecasts for 2026 are driven by the Asian demand and food.

Arriving at its seventh edition, “Il Cubo”* published by the Ucima-MECS Study Centre, is the econometric forecast analysis model for the global market of machines for packaging. The report forecasts development scenarios to 2026, with detailed data for 70 countries, 11 technologies and six downstream sectors. Cubo has revised its forecasts upwards after the slowdown due to the Covid emergency, fixing average annual growth in 2026 at +3.8% for the global market of packing and packaging technologies (+4.4% in Asia and +5.3% in Africa).
According to MECS’ researchers, Italian manufacturers will have to take account of a lower resilience to the adverse impacts of the war and the energy crisis, leading to an annual growth of our exports limited to an average +2.4%, lower than the global trend.

In brief

The forecasts, updated in February 2023, start from the certain final figures of 2021 and the preliminary figures for 2022, and incorporate dozens of macroeconomic data sources. The post-pandemic recovery is still not sufficient to reach the pre-Covid growth trend by 2026: the packaging machines global market is expected to be worth 59.2 billion euros in 2026, ten billion more than current levels. The absence of the two most important events in the first 20 years of the 2000s, the pandemic and the war in Ukraine, would have allowed for growth to reach a total of 60.1 billion. Food and Cosmetics are the driving sectors for the sales of packaging machines, while the most dynamic types will be secondary and end-of-line packaging, particularly cartoning and wrapping machines and, in the context of primary packaging, sealing machines

NOTE*. Cubo is available with a discount of 30% for Ucima members and can be purchased in its entirety or in individual chapters by sector or technology.