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February 2023 How's Business

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How’s Business, published by PMMI – The Association for Packaging and Processing Technologies in April 2023, examines industry operating conditions across February 2023 and recent months using PMMI member survey data alongside public indicators such as the ISM PMI, CPI and PPI and forward-looking outlooks. Focus areas include market activity and order flow (new orders and quotations), operational constraints and lead times, financial pressures including late payments and backlog, and supply-chain disruption and resilience. The analysis indicates activity generally hovers near expansion midpoints, emerging patterns show easing lead times but persistent segment-level disruption, and charts highlight cross‑segment divergence. The report reveals where engineering teams are prioritizing investments to strengthen operational resilience.

View PMMI’s member-exclusive How’s Business dashboard to analyze 20 years of packaging machinery data, track key industry trends, and explore insights tailored for your business.

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February 2023 How's Business

Why Download This Report?

  • Analyze primary packaging order momentum and packaging machinery capacity shifts
  • Explore supply chain disruptions' impact on materials lead time indices
  • Identify backlog patterns across secondary packaging and end-of-line machinery
  • See how late payment rates alter processing equipment orders and packaging forecasts
  • Compare PMI and PPI signals against packaging machinery investment intentions

Published by PMMI, The Association for Packaging and Processing Technologies in April 2023. Based on PMMI member How's Business surveys and secondary analysis of ISM, BLS (CPI/PPI), and industry outlook data from November 2022–February 2023.

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Questions?

Please contact Rebecca Marquez, Director, Custom Research, PMMI at rmarquez@pmmi.org