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Q3 2024 How's Business

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How's Business: 3rd Quarter 2024, published by PMMI – The Association for Packaging and Processing Technologies, examines industry conditions from Q4 2023 through Q3 2024 using PMMI member survey data alongside public indicators such as the ISM PMI and the Consumer Price Index. The analysis centers on three focus areas: demand and backlog (new orders and quotations), liquidity and payment trends (late payments and cash flow), and operational resilience (supply chain disruptions and capacity). Emerging patterns indicate new orders have contracted while quotation activity tends to rise, late payments generally show expansion, and supply chain frictions have eased; charts highlight quarter-over-quarter shifts and benchmark comparisons. The report reveals where industry 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 2024 How's Business

Why Download This Report?

  • Analyze New Orders contraction patterns to time packaging investment decisions
  • Explore Quotations and Proposal Activity shifts affecting machinery pipelines
  • Identify late payments trends signaling cashflow risks for packaging suppliers
  • Compare backlog decline trajectories with machinery capacity and idle risk
  • Assess supply chain disruptions rebound and materials sourcing vulnerability

Published by PMMI, The Association for Packaging and Processing Technologies, in October 2024. Based on PMMI How’s Business member surveys and secondary analysis of industry indices (ISM, BLS CPI/PPI) and outlook data covering Q4 2023–Q3 2024.

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Questions?

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