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            Market Prospects of China's Plastic Packaging Industry
            source:English website  |  Release time:2023-05-05
            The plastic packaging industry is a global and continuously growing industry. With the recovery of the world economy and the rapid development of modern commercial and logistics industries, the packaging industry has rapidly risen globally since the mid-20th century.
            Due to its multiple functions of protecting goods, facilitating circulation, facilitating consumption, promoting sales, and increasing added value, packaged products are increasingly widely used in modern society and have become an indispensable component of commodity circulation.
            (1) Definition of Plastic Packaging Industry
            Plastic packaging refers to using plastic packaging. Plastics are mainly made of synthetic or natural polymer resins. A type of material that, after adding various additives, has ductility at a certain temperature and pressure, and can fix its shape after cooling.
            (2) Policies related to the plastic packaging industry
            With the significant achievements of China's economy and the rapid development of modern commercial and logistics industries, the plastic packaging industry has rapidly risen in China since the mid-20th century. China has also introduced relevant policies to regulate the development of the industry.
            (3) Market Status of Plastic Packaging Industry
            China is a world leader in packaging manufacturing and consumption, with plastic packaging accounting for over 30% of the total output value of the packaging industry. It plays an irreplaceable role in various fields such as food, beverages, daily necessities, and industrial and agricultural production. In recent years, China's plastic packaging industry has been in a stable growth trend, ranking second only to paper packaging in the proportion of packaging product structure.
            In 2019, there were 7916 enterprises above designated size in China's packaging industry (all industrial legal entities with an annual main business income of 20 million yuan or more), an increase of 86 compared to last year.
            Segmentation analysis
            In 2019, the national packaging industry achieved a cumulative business revenue of 1003.253 billion yuan, a year-on-year increase of 1.06%, a year-on-year increase of 1.06%, and a decrease of 5.47 percentage points compared to the same period last year. Among them, the manufacturing of paper and cardboard containers accounts for 28.88%; Plastic film manufacturing accounts for 26.96%; The proportion of plastic packaging boxes and containers manufacturing is 15.87%; Metal packaging containers and materials manufacturing accounted for 11.64%; The proportion of plastic processing specialized equipment manufacturing is 6.49%; The proportion of glass packaging container manufacturing is 6.08%; Cork products and other wood products account for 4.1%.
            The above is the market prospect of China's plastic packaging industry summarized by Changshu Shen Plastic Industry Co., Ltd. If you still have any related knowledge that you do not understand, you can consult us
            • CHANGSHU SHINE PLASTIC INDUSTRY CO.,LTD Phone:0512-52557888 Mailbox:shenshisuye@163.com Company address:No. 20 Guangyuan Road, South Development Zone, Zhitang Town, Changshu City, Jiangsu Province
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