The scale of my country’s food film market continues to expand, and the overall competitive landscape of the industry is relatively fragmented.

Food film, also called food packaging film, is a polymer material used to wrap on the surface of food to isolate the entry of decomposing microorganisms, bacteria and external contaminants, maintain the freshness and safety of food, and prevent food from deteriorating. There are various types of food films, which can be divided into polyethylene films, polyvinyl chloride films, composite films, etc. according to different materials; according to different functions, they can be divided into cling film, vacuum packaging film, heat sealing film, etc.

The upstream of the food film industry chain is the supply of raw materials such as polyethylene, polypropylene, and polyvinyl chloride; the midstream is the production of various subdivided products; the downstream is mainly used for packaging of beverages, vegetables, fast food and other foods.

From a global market perspective, with the continuous development of the food processing industry, the food film market has maintained a steady growth trend. The global food film market size will be approximately 197 billion yuan in 2022, a year-on-year growth of approximately 2.3%. In terms of geographical distribution, the Asia-Pacific region accounts for more than 40% of the food film market share, making it the most important consumer market. North America and Europe both account for about 21%.

According to the “Food Film Industry Venture Capital Situation and Investment and Financing Strategy Guidelines Report 2023-2028” released by the Industrial Research Center, from From the perspective of the domestic market, with the continuous development of our country’s economy, the continuous improvement of national living standards, the continuous increase in expenditures in the food field, the increasing social attention to food safety, and the continuous advancement of production technology, the domestic food film market has continued to expand. expand. In 2017, my country’s food film market size was approximately 25 billion yuan, and in 2022, the market size will be close to 43 billion yuan, with a compound annual growth rate of approximately 11.5% from 2017 to 2022.

After a period of development in my country’s food film industry, the number of production companies has continued to increase, and the scale of production has continued to expand. While products meet domestic market demand, they are also exported to overseas markets, and output continues to grow driven by domestic and foreign market demand. In 2022, my country’s food film production will be approximately 5.4 million tons, and the demand will be approximately 3.5 million tons.

Due to the low entry threshold of the industry, there are currently a large number of small and medium-sized enterprises in the domestic food film industry, market competition is fierce, and the overall competition pattern of the industry is relatively fragmented. Production companies are mainly concentrated in the Yangtze River Delta and Pearl River Delta regions such as Guangdong, Shandong, Jiangsu, and Shanghai. . At this stage, domestic food film manufacturers include Shenzhen Prince New Materials Co., Ltd., Cangzhou Mingzhu Plastic Co., Ltd., Zhejiang Zhongcheng Packaging Materials Co., Ltd., etc.

Industry analysts said that as the people’s requirements for the safety and environmental protection of food packaging materials continue to increase, the government’s regulations on plastic products As control continues to increase and market competition intensifies, domestic food film manufacturers need to continuously improve production technology, optimize product quality and performance, and enhance their core competitiveness. At the same time, they must increase investment in environmental protection and develop degradable and recyclable materials. Promote the industry to develop in a green and sustainable direction.