
2022 Plastic Packaging Industry (Future Development Trend of Plastic Packaging Materials)
2023-11-181. Development history of plastic packaging industry
Plastic packaging refers to using polymer resin as the main material, with the help of plasticizers, foaming agents, stabilizers and other additives, through blister molding, injection molding, blow molding, extrusion Plastic products processed by other molding processes and used for packaging, storage, protection, buffering, isolation and other purposes. China's plastic packaging industry started in the late 1970s and has gone through the initial stage, rapid development stage and mature stage.
The development history of plastic packaging industry

Data source: compiled by Huajing Industrial Research Institute
2. Development status of plastic packaging industry
Plastic materials, as a relatively "young" packaging material, have been rapidly applied to the packaging market, and have become the second largest packaging material in the world after packaging materials, even in some countries. , the application and share of plastic packaging materials have exceeded that of packaging materials, becoming the leading packaging material. Due to the implementation of China’s “plastic restriction order”, the market demand for plastic packaging has dropped significantly in the past two years. In 2019, China's plastic packaging market size was 90.08 billion yuan, a year-on-year decrease of 12.3%.

Data source: China Packaging Federation, compiled by Huajing Industrial Research Institute
With the introduction of environmental protection policies and the replacement of plastic packaging boxes by paper packaging boxes, the overall revenue of my country's plastic packaging industry has shown a downward trend in recent years. According to data from the China Packaging Federation, the main business revenue of enterprises above designated size in China's plastic packaging box and container manufacturing industry in 2018 was 157.135 billion yuan, a year-on-year decrease of 17%. In 2019, stimulated by the continued rise in exports, the main business income of enterprises above designated size in China's plastic packaging box and container manufacturing industry was 159.239 billion yuan, a year-on-year increase of 1.3%, showing a slight increase.

Data source: China Packaging Federation, compiled by Huajing Industrial Research Institute
Related report: "Comprehensive Research on China's Plastic Packaging Bag Market and Industry Investment Potential Forecast Report 2021-2026" released by Huajing Industrial Research Institute

Although the plastic packaging industry in my country is gradually declining in the country under the background of my country's stricter environmental protection policies, the amount of plastic packaging imports has grown slowly. However, my country's plastic packaging industry has found a new development direction and begun to continuously explore the international market. The export value of plastic packaging has shown an overall upward trend. According to data from the China Packaging Federation, China's plastic packaging import value in 2019 was US$12.548 billion, a year-on-year decrease of 1.1%; China's plastic packaging export value was US$22.586 billion, a year-on-year increase of 8%.

Data source: China Packaging Federation, compiled by Huajing Industrial Research Institute
The United States is my country's largest exporter of plastic packaging. In 2019, the export value of plastic packaging was US$31.22, accounting for 13.82% of the entire plastic packaging export value; due to the rapid development of Vietnam's economy and our country's low The transfer of high-end manufacturing has led to an increasing demand for plastic packaging, making Vietnam the second largest exporter of plastic packaging in my country, with an export value of US$1.66 billion in 2019. Accounting for 7.35% of the import value of plastic packaging, it has exceeded the amount of plastic packaging imported by Japan from China.

Data source: China Packaging Federation, compiled by Huajing Industrial Research Institute
Japan is my country's top importer of plastic packaging, with an import value of US$4.187 billion, accounting for 33.4% of my country's total plastic packaging imports; followed by South Korea, with a plastic packaging value of US$2.632 billion. , accounting for 21% of total plastic packaging imports. South Korea and Japan account for 54.4% of my country’s plastic packaging imports, exceeding the sum of other countries. The main reason is that South Korea and Japan have strong industrial foundations and are relatively close to my country. They have low transportation costs and low costs, and have obvious competitive advantages.

Data source: China Packaging Federation, compiled by Huajing Industrial Research Institute
3. Analysis of China’s plastic packaging industry policies
China's plastic packaging industry has achieved sustained and stable development in recent years under the guidance of national development economic policies. Various manufacturers have vigorously adjusted their product structures, developed new technologies, and launched new products. In a series of laws, regulations and policies, the state has restricted the production of non-degradable and seriously polluting plastic packaging products, and at the same time encourages and supports the production of degradable, highly functional and high value-added plastic packaging products, which helps Promote the plastic packaging industry to develop in an environmentally friendly, good and orderly direction.

Data source: Government departments, compiled by Huajing Industrial Research Institute
1. Environmental protection
The products served by the plastic packaging industry are closely related to consumers' lives. In addition to practicality, the safety of packaging materials for food, cosmetics, daily chemical products, and electronic products has also received major attention from consumers. As environmental standards become increasingly stringent, the greening of packaging materials and production processes has become an important issue facing the plastic packaging industry. This is also a market trend that industry development needs to focus on.
2. Functionalization
Functionalization is an important development trend in plastic packaging products. At present, the proportion of plastic packaging materials in packaging materials is second only to paper packaging, and the application of plastic packaging in food packaging has surpassed paper packaging and ranked first. The rapid development of the plastic packaging industry has put forward high functional requirements for products in the industry.