There are many industries that rely on packaging in order to get products delivered to customers in a timely and safe way. If you’re in need of packaging services, the equipment you choose is vital to your end result and profitability. According to IBISWorld, packaging machinery manufacturing as an industry grew about 2.1% annually on average between 2017 and 2022. Let’s look at a few things you should consider if you’re in need of packaging equipment and gain a better understanding of why this number grew!
Speed You Need
The first thing you’ll need to consider is the speed you’ll need. Packaging needs differ from company to company and industry to industry. It’s important that you work with a consultant or talk directly with manufacturers in order to determine the level of speed you’ll need. You don’t want to pay for equipment you don’t need, but you also don’t want to invest in something only to discover later that it won’t suit your needs adequately.
Waste Disposal Required
No business can successfully operate today without giving careful consideration to waste disposal. The type of packaging equipment you choose will greatly affect the way your company is handling waste disposal. Different types of machines produce different amounts of waste. If your company is on a mission to hit sustainability goals, it’s necessary that you do the required research to find packaging equipment options that will align with your goals. This is a good reason you should talk with packaging equipment professionals to learn which types of machines will help you with your goals.
Overhead and Expenses
Operating any type of machinery will require overhead and expenses. The price you pay for a machine is never just the price you paid. You must consider the overhead as part of the price as well. This will include expenses such as maintenance and energy. It can include repair expenses as well.
Another type of expense that is often overlooked is the efficiency of the machine. A machine that isn’t very efficient will wind up costing you more than you intended. These are all details that should be discussed in depth with a dealer or manufacturer before you decide on purchasing packaging equipment.
These are just a few things you should consider before purchasing equipment. If you’re looking for high-quality packaging equipment, please contact The Blodgett Company today to learn more.
