The packaging machinery market is expected to experience substantial growth over the next several years, with a forecasted value of $62.43 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. Additionally, the market volume is projected to reach 13,603 thousand units by 2030, growing at a CAGR of 6.2% during the same period.
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