Canadian Packaging Machinery Market Research Report - PMMI
Canadian Packaging Machinery Market Research Report - PMMI
Canadian Packaging Machinery Market Research Report - PMMI
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• Beverage World<br />
• Powder and Bulk<br />
• Food in Canada<br />
• Food Engineering<br />
• Food and Drug <strong>Packaging</strong><br />
• Meat packaging an Technology<br />
• Process Controls and Instrumentation<br />
• Journal of Automation<br />
2.9 EQUIPMENT FINANCING<br />
Since a significant majority of organizations surveyed for this study purchase<br />
packaging machinery using internal funds or self-arranged financing, they generally<br />
do not seek vendor financing.<br />
2.10 SWOT ANALYSIS OF U.S. PACKAGING MACHINERY MANUFACTURES<br />
The strengths and weaknesses that U.S. packaging machinery manufacturers bring<br />
to the <strong>Canadian</strong> marketplace along with the opportunities and threats facing them are<br />
as follows:<br />
Strengths of U.S. Manufactures and Their Products<br />
• The prices charged for U.S. packaging machinery are perceived to be somewhat<br />
lower than those of the key European competitors.<br />
• U.S. manufacturers have a very high share of the <strong>Canadian</strong> packaging machinery<br />
market with the result that they are well known to the <strong>Canadian</strong> purchasers.<br />
• The service provided by U.S. packaging machinery manufacturers is also<br />
perceived to be better than that of the Europeans. U.S. companies have<br />
established very reliable distribution and servicing networks in Canada that serve<br />
to maintain and support their dominant position in the market.<br />
• Proximity to the market allows for low cost and relatively easy market access and<br />
allows provision of superior technical support, training and customized service.<br />
• <strong>Canadian</strong> purchasers are very familiar with U.S. suppliers and accustomed to<br />
cross-border dealings. Similarities in packaging requirements, manufacturing<br />
codes and standards between the United States and Canada provide U.S.<br />
manufacturers with competitive advantage over off-shore exporters supplying the<br />
<strong>Canadian</strong> market.<br />
• The U.S. – Canada Free Trade Agreement allows U.S. machinery into Canada<br />
with duty and tariff free market accessibility. There are no significant trade<br />
barriers impeding the sale of packaging machinery into Canada and non-tariff<br />
barriers are not a significant factor.<br />
• U.S. packaging machinery manufacturers have established relationships with<br />
many U.S. parent companies.<br />
SMG/Columbia Consulting Group Page 25