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January 26, 2021
At present, China has become the world's second largest packaging country after the United States. The overall output value of the industry is large. However, China's per capita packaging consumption still has a large gap compared with major countries and regions in the world. Therefore, industrial paper bag packaging is included The field of high-end paper packaging will have broad market development space in the future.
Data show that in 2019, Chinese paper and cardboard container manufacturing enterprises above designated size achieved main business income of 289.717 billion yuan, a year-on-year decrease of 3.15%.
Paper packaging, plastic packaging and intelligent packaging systems can be applied to the packaging of powder and granular products and paste products, with a wide range of applications.
Mainly concentrated in the fields of chemicals, building materials, food, food additives, medicine and cosmetics.
Analysis of downstream applications in the paper packaging industry
China is one of the most important chemical product production bases in the world. According to data, as of the end of 2019, enterprises above designated size in the chemical industry have achieved a revenue of 6.89 trillion yuan from their main operations; a total profit of 397.44 billion yuan.
With the continuous acceleration of industry quality and efficiency, the structure of the chemical industry has become more reasonable and perfect, the loss of the industry has continued to improve, and the profitability has continued to increase.
In the chemical industry, it is mainly used for automatic packaging of chemical products such as titanium dioxide, primary form plastics, synthetic resins, graphite and carbon products, and its market space continues to expand with the development of downstream products to be packaged.
Building materials field
China is a major construction country, and its consumption of building materials is among the highest in the world.
In the field of building materials, the company's products are mainly used for automatic packaging of various special mortar products such as gypsum powder, putty powder, tile adhesive, caulking agent, and waterproof coating.
Data show that in 2019, China's engineering design revenue was 509.49 billion yuan, an increase of 10.5% compared with the previous year.
Data show that as of the end of 2019, there were 8,291 food manufacturing enterprises above designated size across the country.
In the food field, the products can be widely used in automated packaging of milk powder, wheat flour, finished sugar and other products.
Wheat and finished sugar are relatively mature industries, and their output is characterized by cyclical fluctuations due to factors such as climate, supply and demand.
In the field of medicine, products are mainly used in the automated packaging of pharmaceutical intermediates, which are mainly under the category of chemical raw materials.
Due to strict environmental protection requirements and other reasons, the production of some small and medium-sized chemical pharmaceutical companies has been affected. The total output of the industry has experienced a certain degree of correction in the past two years. However, in the long run, as China’s aging process intensifies and the people’s medical and health consumption concept Change, the pharmaceutical industry has a good foundation for development in the long run.
It is predicted that the Chinese pharmaceutical market will continue to maintain this growth rate, reaching 1.79 trillion yuan in 2020.
In recent years, China's cosmetics market has shown sustained and steady growth.
Data show that in 2019, the overall market capacity of China's cosmetics industry reached 477.72 billion yuan, with an average annual compound growth rate of 9.9% from 2014 to 2019. The cosmetics industry is in a period of rapid growth.
It is estimated that the market capacity of China's cosmetics industry will reach 828.2 billion yuan in 2024, with a compound annual growth rate of approximately 11.6% from 2019 to 2024.