Aug. 16, 2022
With the improvement of production technology and technical level and the popularization of the concept of green environmental protection, paper-based printing packaging has a wide range of raw materials for production, low cost, convenient logistics and transportation, and easy storage.
With the advantages of recyclable packaging and packaging, it has been able to partially replace various packaging forms such as plastic packaging, metal packaging, glass packaging, etc., and the scope of application is getting wider and wider.
China Business Intelligence Network News: Packaging refers to the general name of containers, materials and auxiliary materials used in accordance with certain technical methods to protect products, facilitate storage and transportation, and promote sales in the process of circulation. In recent years, with the rapid development of modern commerce and logistics industry, the printing and packaging industry has continued to grow steadily around the world. With the improvement of production technology and technical level and the popularization of the concept of green environmental protection, paper-based printing packaging has the advantages of wide source of production raw materials, low cost, convenient logistics and transportation, easy storage and recyclable packaging, and has been able to partially replace plastic. Packaging, metal packaging, glass packaging and other packaging forms have become more and more widely used.
With the improvement of production technology and technical level and the popularization of the concept of green environmental protection, the application scope of packaging products is becoming wider and wider. After the epidemic is effectively controlled in 2021, the demand for various packaging materials will continue to grow. The data shows that the market size of China's packaging industry will rebound to 1,204.2 billion yuan in 2021, and from 2016 to 2021, the average annual compound growth rate will reach 2.36%. The China Business Industry Research Institute predicts that the market size of China's packaging industry will reach about 1.302 trillion yuan in 2022.
Industry development dilemma
1. Low industry concentration
After continuous and rapid development in recent years, my country's paper printing and packaging industry has reached a certain scale, and there is a trend of continuous rapid development. At present, there are a large number of enterprises engaged in the paper printing and packaging industry. Although some competitive enterprises have emerged, but as a whole, small and medium-sized printing and packaging enterprises are still the mainstream, and the industry concentration is not high. The scale of small and medium-sized printing and packaging enterprises is relatively small, mainly producing low-end products, and the technical level and product grade are not high. In terms of specialization and specialization of packaging materials, equipment application level and technical ability, product quality, and manufacturing process, etc. There is a certain gap with the international advanced level, and the international market competitiveness is not strong. In the future, with the acceleration of industrial integration and the promotion of policies to support high-quality enterprises, leading enterprises in various sub-sectors with advanced technology and equipment, excellent management level and outstanding overall solution service capabilities will be better developed, and the printing and packaging industry The degree of concentration will be improved, thereby promoting the healthy development of the industry.
2. The source of funds is limited, and the subsequent development potential is restricted
The vast majority of enterprises in the paper printing and packaging industry are private enterprises. The main source of funds is the rolling investment of retained earnings of enterprises and indirect financing from banks. The single financing channel leads to the unsustainable expansion of the enterprise scale and the difficulty in implementing better investment projects. The subsequent development potential of the enterprise is restricted. At the same time, due to the lack of funds of enterprises, the R&D level of enterprises in the industry is difficult to follow the requirements of downstream industries for simultaneous R&D of new technologies and new products, which forms a bottleneck for the medium and long-term development of enterprises in the industry.
3. The industry lacks control over the cost of upstream raw materials
Due to its low concentration, my country's printing and packaging industry is at a disadvantage when negotiating prices with companies in the papermaking industry with high upstream concentration, and the industry's profit margins are easily squeezed. At the same time, the upstream paper industry is easily affected by imported waste paper, domestic waste paper, and macro policies, and the price level tends to fluctuate to a certain extent, which in turn affects the printing and packaging industry. Cost pressure from the upstream, profit margins will be greatly squeezed.
Industry development prospects
1. Support of national industrial policy
The support of national policies will bring long-term encouragement and support to the printing and packaging industry of paper products. National or industry policies such as the Outline of the Twelfth Five-Year Plan for China's Packaging Industry Encourage and support the development of the paper product printing and packaging industry. In addition, the state has successively revised the Law of the People's Republic of China on Promotion of Cleaner Production, the Environmental Protection Law of the People's Republic of China, and the Measures for the Report on the Use and Recycling of Disposable Plastic Products in the Commercial Field (for Trial Implementation) to further clarify the printing and packaging of paper products. Mandatory requirements in environmental protection are conducive to the further growth of industry market demand.
2. The growth of residents' income drives the development of the packaging industry
With the continuous development of my country's economy, the per capita income of residents has continued to grow, and the demand for consumption has also continued to increase. The per capita disposable income of urban residents in my country has increased from 26,955 yuan in 2013 to 47,412 yuan in 2021, with a compound annual growth rate of 7.31%; the per capita disposable income of rural residents has increased from 9,429 yuan in 2013 to 18,931 yuan in 2021. The compound growth rate is 9.10%. All kinds of consumer goods are inseparable from packaging, and paper packaging accounts for the largest proportion of all packaging, so the growth of social consumer goods will continue to drive the development of the paper printing and packaging industry.
3. The increased requirements for environmental protection have led to an increase in the demand for printing and packaging of paper products
In recent years, the state has successively revised the "Cleaner Production Promotion Law of the People's Republic of China", "Environmental Protection Law of the People's Republic of China" and other laws and regulations, in order to reduce the use of non-recyclable or slow-degrading packaging materials. Since 2020, the National Development and Reform Commission and other departments have successively issued "Opinions on Further Strengthening the Control of Plastic Pollution", "Opinions on Further Strengthening the Control of Plastic Pollution" and "Notice on Accelerating the Green Transformation of Express Packaging" and other documents. The requirements are increased layer by layer, China is paying more and more attention to green development and sustainable development while the economy is developing rapidly. In this context, from raw materials to packaging design, manufacturing, to product recycling, each link of paper packaging products can maximize resource saving, high efficiency and harmlessness, and the market prospect of paper packaging products is broad.
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