Toluene diisocyanate manufacturer News my country’s plastic packaging market shows continued growth and industry concentration is low

my country’s plastic packaging market shows continued growth and industry concentration is low

my country's plastic packaging shows a sustained growth trend and the market concentration is low

Plastic packaging uses plastic as raw material to package objects. It has the advantages of stable chemical structure, good air permeability, strong heat resistance, and easy portability. After years of development, the types of plastic packaging products have become increasingly rich and have various classification methods. According to different degrees of softness and hardness, plastic packaging can be divided into soft plastic packaging, hard plastic packaging, etc.; according to different product forms, plastic packaging can be divided into plastic woven products, plastic packaging films, foam plastics, packaging sheets, plastic packaging boxes and containers etc.; depending on the degree of use, plastic packaging can be divided into disposable packaging, reusable packaging, etc.

At this stage, my country has formed a complete plastic packaging industry chain. The upstream of the industrial chain is mainly the raw material industry, providing general plastic materials such as polyvinyl chloride, polypropylene, polyethylene, and polypropylene, as well as plastic additives such as heat stabilizers, flame retardants, foaming agents, and plasticizers; the midstream is mainly plastics The packaging production industry is responsible for the production and manufacturing of various types of plastic packaging products; the downstream is mainly for application fields, mostly used in food, beverages, chemicals, daily necessities, catering, clothing, medicine and other fields.

According to the “Plastic Packaging Industry In-depth Market Research and Investment Strategy Suggestions Report 2023-2027” released by the Industrial Research Center, in recent years In 2008, my country’s economic level gradually improved, residents’ consumption levels continued to increase, and markets such as chemicals, daily necessities, catering, clothing, and medicine developed rapidly. Since plastic packaging products have the advantages of protecting products, increasing added value, and facilitating storage and transportation, their application scope covers almost all industries in society and has become an extremely important part of the circulation process of goods. Against this background, my country’s plastic packaging industry has shown continued growth. From 2017 to 2022, the output value of my country’s plastic packaging industry increased from 488.73 billion yuan to 483.723 billion yuan.

At this stage, my country’s plastic packaging market is highly competitive and the industry concentration is low. The major plastic packaging companies in my country include Zijiang Plastics, Tiancheng Technology, Shuangxing New Materials, Tongchanlixing, Huayuan Holdings, Yongxin Co., Ltd., Hongyu Packaging Materials, etc. Among them, Zijiang Plastics has the largest market share, accounting for 2.14%; followed by Yongxin Shares, with a market share of 1.67%; ranking third is Shuangxing New Materials, with a market share of 1.43%. In order to seize market share, my country’s larger plastic packaging companies continue to improve their technical level, product quality, and market competitiveness. It is expected that market concentration will gradually increase in the future.

Industry analysts said that in recent years, our country’s residents’ awareness of environmental protection and conservation has gradually increased, and traditional plastic packaging materials cannot meet market demand. In addition, my country’s green and environmental protection requirements have gradually become stricter, and policies such as the “Plastic Restriction Order” have been implemented, which has promoted the gradual development of my country’s plastic packaging industry in the direction of green environmental protection. As my country’s plastic packaging production technology continues to advance, green and environmentally friendly plastic materials are gradually being applied, and degradable plastics have gradually become mainstream products on the market.

This article is from the Internet, does not represent the position of Toluene diisocyanate reproduced please specify the source.https://www.allhdi.com/archives/27175

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