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Q3 2023 How's Business

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3rd Quarter 2023 PMMI Quarterly How’s Business, published by PMMI – The Association for Packaging and Processing Technologies, examines market indicators and member survey responses spanning Q4 2022 through Q3 2023 to assess near-term performance and outlook. Drawing on PMMI’s member survey alongside macroeconomic data from ISM and BLS and a multi-year industry outlook, the analysis indicates shifts across operational focus areas—order activity and proposal pipelines, working-capital pressures such as late payments and backlog, and supply-chain resilience—where patterns tend to vary by segment. Charts highlight comparative benchmarks and historical trends, and the report reveals where packaging and processing leaders 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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Q3 2023 How's Business

Why Download This Report?

  • Analyze new orders momentum within packaging machinery demand and automation signals
  • Explore shifts in quotations activity impacting packaging materials procurement strategies
  • Identify trends in late payments affecting machinery cash flow and financing
  • Assess backlog trajectories to forecast packaging production capacity and supply chain
  • Evaluate PPI and CPI influences on sustainability investments in packaging materials

Published by PMMI, The Association for Packaging and Processing Technologies in November 2023. Based on PMMI How’s Business member surveys and secondary analysis of industry indicators (ISM PMI, CPI, PPI, and ITRON 3‑Year Outlook) collected from end of Q4 2022 through Q3 2023.

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Questions?

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