China Business Intelligence Network News: Plastic packaging can be divided into plastic packaging films, plastic woven products, packaging boxes and containers, foam plastics and packaging sheets, etc. Due to their advantages of facilitating circulation, protecting goods, and increasing product added value, plastic packaging products are widely used in chemical, food, pharmaceutical and other fields. They are the second-highest category of packaging materials, second only to paper packaging.

Market Status

In recent years, my country's overall economy has developed steadily, and residents' consumption levels have gradually improved, which is conducive to the growth of downstream demand in the domestic plastic packaging industry. Due to their multiple functions of protecting goods, facilitating circulation, facilitating consumption, promoting sales and increasing added value, packaging products are increasingly widely used in modern society and have become an indispensable part of commodity circulation. Data show that the industrial output value of China's plastic packaging industry has changed from 489.23 billion yuan in 2017 to 433.9 billion yuan in 2020. The plastic packaging industry as a whole shows a steady growth trend. China Business Industry Research Institute predicts that the industrial output value of China's plastic packaging industry will reach 483 billion yuan in 2022.

Data source: compiled by Shanghai Packaging Technology Association and China Commercial Industry Research Institute

Development Prospects

1. National policies strongly support the development of the industry

With the rapid development of my country's packaging industry, the packaging industry has become an important basic industry in the national economy. As an independent industry system, the development of the packaging industry has been included in the national economic and social development plan. The country has successively issued a series of relevant policies to support the development of the packaging industry. As my country's awareness of the importance of the development of the packaging industry continues to increase, relevant policies have been introduced one after another, and the status of the packaging industry has been further enhanced. Various supportive industrial policies not only point out the development ideas and directions for the development of my country's packaging industry, but also create a superior policy environment for the development of my country's packaging industry in a green and recyclable direction.

2. Strong downstream demand provides space for industry development

The plastic packaging industry has a wide range of downstream industries. As far as the current main downstream application industries are concerned, the chemical, food, pharmaceutical, electronic information and other industries maintain a good development trend, and the demand for packaging products maintains a rapid pace. growth rate. At the same time, plastic packaging products have the advantages of a wide variety, diverse functions, light packaging quality, taking up less space, and low transportation costs. As residents’ income levels increase, the continuous upgrading of consumption will drive the continued growth of plastic packaging demand.

3. Technology upgrading promotes the development of the plastic packaging industry

Plastic particles are the main raw material for plastic packaging. In recent years, with the advancement of technology, various functional plastic particles have been continuously introduced, making it possible to introduce new plastic packaging products. At the same time, co-extrusion technology can combine three-layer, five-layer, seven-layer and other multi-layer plastic films into composite film materials through the co-extrusion process, allowing the plastic film to have more functions and better physical properties while maintaining a low thickness. and chemical properties, it can overcome the disadvantages of single-layer film products with single functions. The popularity of composite plastic films has broadened the scope of downstream applications and promoted the rapid development of the plastic packaging industry.

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