Global Packaging Machinery market to grow at a CAGR of 4.89 percent over the period 2012-2016

Global Packaging Machinery market to grow at a CAGR of 4.89 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing importance of packaging in the marketing mix. The Global Packaging Machinery market has also been witnessing the increase in mergers and acquisitions. However, the need to comply with stringent regulations could pose a challenge to the growth of this market.   
 
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