Global manufacturing growth expected after tough 2024
The global manufacturing industry is expected to have a tough 2024, but overall growth is expected for the next several years.
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The global manufacturing industry is expected to have a tough 2024, but overall growth is expected for the next several years.
<p>Despite a tough year ahead for most regions and territories in 2024, growth will return in 2025 for many sectors.</p>
Packagers are boosting operational efficiency with advanced tools and techniques, including predictive maintenance, 3D printing of parts, and Machinery as a Service.
Global manufacturing growth is expected to be slight in 2024 due to economic concerns with inflation, but there are positive future signs.
Between 2023 and 2028, machinery production is expected to grow faster than the manufacturing sector.