Market Status and Trends in the Packaging Plastic Industry
In the national economy, the packaging plastic industry plays an important role. It is not only widely used in chemical, food, pharmaceutical and other fields, but also deeply involved in various fields such as information, energy, industry, agriculture, transportation, space and ocean development.
The packaging plastic industry is a plastic product manufacturing industry that uses polymer resins as the main material, adds plasticizers, foaming agents, stabilizers and other additives, and processes them through vacuum forming, injection molding, blow molding, extrusion and other molding processes to produce plastic products with functions such as packaging, storage, protection, buffering, and isolation. This industry covers a variety of product forms such as plastic packaging film, plastic woven goods, packaging boxes and containers, foam and packaging sheets.
Market Status and Trends in the Packaging Plastic Industry
According to data from the China Packaging Federation, in 2023, plastic film, paper, and cardboard container packaging accounted for the largest proportion of operating revenue in various fields of China's packaging industry, accounting for 56.02% of the packaging industry. In addition, plastic packaging boxes and containers manufacturing, metal packaging, etc. also occupy a certain share.
Packaging plastics industry market competition is fierce, domestic and foreign enterprises have increased research and development investment and market expansion efforts. It has become an industry consensus to enhance competitiveness through technological innovation and brand building. In the market competition, some leading enterprises with technical advantages and brand influence are gradually emerging. These enterprises consolidate their market position and lead the development direction of the industry by integrating resources and expanding scale.
The state has successively introduced a number of environmental protection policies, including the "plastic limit order", aimed at advocating the concept of green packaging. At the same time, in order to actively respond to the call of the state, packaging companies are actively transforming to intelligent production and committed to green and low-carbon production methods to reduce pollution. In order to respond to environmental pressure and market demand, the packaging plastics industry continues to develop new materials, such as biodegradable plastics, recyclable plastics and so on. These new materials reduce environmental pollution while maintaining the properties of traditional plastics.
From the perspective of market development trend, the traditional packaging industry is entering a stable stage of its development, according to the latest data of China Packaging Federation (China Packaging Federation), the overall growth rate of the industry in the past three years has been stable in the range of 1% to 3%. It is worth noting that in the segment of packaging materials, the performance of high-end plastic film is particularly eye-catching, with a compound growth rate of up to 12%.
