China Packaging Industry Market This market research provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Research classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
The packaging industry in China is expected to register a CAGR of 13.5% during the forecast period, 2020-2025.
The growing per capita income, changing social and demographics are some of the factors that greatly influencing the Chinese packaging industry. This change has stirred a need for new packaging material, methods and formats.
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The packaging is an activity of enclosing and protecting the products from getting damaged during transportation, distribution, storage, sale, and use. Packaging in the recent has been considered as an essential tool for sales promotion. This report segments the market by type of packing materials ( Plastic, Paper, Glass, Foam, Metal), by layers of packing (Primary, Secondary, Tertiary), end-user industry (Food and Beverages, Healthcare and Pharmaceutical, Beauty and Personal care, Industrial), and Geography.
Market By Top Companies:
Transpak, Inc., Plastipak Holdings, Inc., Amcor Limited, Guangzhou Yifeng Printing&Packaging co.,ltd, Daklapack Group, Mondi PLC, Tetra Pak International S.A, Jiangyin Aluminum Foil Packaging East Asia Co., Ltd., Wipak Group, Sealed Air Corporation
Industry Research Coverage
Plastic Packaging is Expected to Show a Slow Growth Owing to Ban on Plastics
– To reduce the plastic footprint, China recently imposed a ban on plastics which would result in the countrywide prohibition in the usage of plastics that could affect the packing industry drastically.
– Industry such as e-commerce, food and beverages and logistics which rely greatly on plastics for packaging would have to look for alternatives to keep their businesses up and running. This would result in the downfall of the packing industry in the country
– However, this ban comes with an opportunity for plastic manufacturers to come up with a biodegradable packaging solution that enables them to support their business activities which could enable the packaging industry to maintain sustainable growth.
– Various initiatives by the NGOs, government, producers, retailers, recyclers, and consumers are expected to hurt the packaging industry in the country.
– For instance, in September 2017, local NGOs together with Hong Kongs leading beverage producers and bottlers along with major retailers and the waste industry to announce the formation of the Single Use Beverage Packaging Working Group (SUBPWG) aimed at Reducing single-use packaging.
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Competitive Landscape
Jan 2019 – Amcor and Danone partnered to develop a new package for its new all-natural spoonable yogurt sold in Argentina. The new PET jar supports the 100% natural positioning of Danones La Serensimas yogurt, with featured engraving, a finely finished base, and a body-wrap label.
Major points covered in this research are:-
─Packaging Industry Market Overview, Segment by Type (Product Category), by Application, by Region (2020-2023), Competition by Manufacturers
─China Market Size (Value) of Packaging Industry (2020-2025)
─China Packaging Industry Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region (2020-2025)
─China Packaging Industry Production, Revenue (Value), Price Trend by Type
─China Packaging Industry Market Analysis by Application
─China Packaging Industry Manufacturers Profiles/Analysis
─Packaging Industry Manufacturing Cost Analysis
─Industrial Chain, Sourcing Strategy and Downstream Buyers
─Marketing Strategy Analysis, Distributors/Traders
─Market Effect Factors Analysis
─China Packaging Industry Market Forecast (2020-2025)
─Competitive Landscape
─Research Findings and Conclusion
Finally, this Packaging Industry report covers the market scenario and its development prospects over the coming years. Report likewise manages the type analysis, contrasting it with the significant application, recent Packaging Industry product development and gives an outline of the potential China market.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
This release was published on openPR.
