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March 2023 How's Business

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How’s Business: March 2023, published by PMMI – The Association for Packaging and Processing Technologies, examines month-over-month industry conditions using member survey data alongside public economic indicators such as the ISM PMI, CPI and PPI. The analysis frames three focus areas: demand and order health, including new orders, quotations and backlog; operational constraints and cash flow, such as lead times, supply-chain disruption and late payments; and macroeconomic benchmarking, showing patterns that generally indicate modest expansion in some segments while constraints persist in others. Charts highlight comparative trends versus historical midpoints and the analysis indicates where firms are prioritizing resilience investments and operational adjustments. 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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March 2023 How's Business

Why Download This Report?

  • Analyze new orders index shifts for packaging machinery demand and timing
  • Explore lead time variations impacting machinery production and packaging schedules
  • Identify supply chain disruptions trends affecting packaging materials availability and costs
  • Compare backlog and late payments signals for packaging OEMs and machinery suppliers
  • Assess PMI and PPI movements relative to packaging sustainability investment planning

Published by PMMI, The Association for Packaging and Processing Technologies, in April 2023. Based on PMMI How’s Business member surveys and internal analysis by Jorge Izquierdo, Paula Feldman, and Andrea Admana, supplemented with secondary data (ISM PMI, BLS CPI and PPI) covering December 2022–March 2023.

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Questions?

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