Chinese Food And Beverage Plastic Packaging Market, They Are Still Prospects For
In recent years, China’s food and beverage packaging industry developed rapidly, as of 2007, total sales of up to 115 billion yuan, up 18.5% compared with 2006, the industry’s annual demand for plastic estimated at 6.04 million tons or so. Chinese food and beverage plastic packaging market has been able to live a high-speed development, and this was mainly due to the following factors: First, plastic packaging material itself due to performance, price and shipping and many other irreplaceable advantages, making more and more traditional packaging materials, The plastic packaging has been replaced; In addition, the rapid development of China’s food industry has also led to the huge demand for food packaging industry.
However, experienced a rapid growth in previous years, after 2008 China’s food and beverage plastic packaging industry is an unusual year in the first half product skyrocketing price of raw materials, many manufacturers facing unprecedented cost pressures, in the second half While crude oil prices fall makes a huge return of low raw material cost, but full-blown global economic crisis into a weak market demand allows. Into 2009, with the further spread of the global financial crisis, the industry will face unprecedented challenges and difficulties. Technology innovation, industry consolidation and industry norms are maturing in 2009 China will become the food and beverage plastic packaging industry, the three main trends.
In 2008, China’s food and beverage plastic packaging industry is an extraordinary year. In the first half, plastic raw materials, the impact of international crude oil prices by a sharp rise in market prices break record highs, no doubt to domestic packaging companies formed a huge cost pressure, while severe domestic food safety issues, supervision of food packaging business certification audit more rigorous system, which makes a number of small-scale low-technology and product quality, but the enterprise was forced to withdraw from the market closed. Into the second half of the global financial crisis hit, causing domestic food and beverage plastic packaging industry is facing more serious challenges. Although crude oil prices fell sharply in the second half to a lower level, raw materials prices have to follow down the cost of plastic packaging business to a certain degree of pressure on the release, food and beverage plastic packaging enterprises are still faced with the impact of the financial crisis triggered by the demand of domestic and even foreign reduced problem.
In 2009, although China’s economy is facing unprecedented difficulties, but the Chinese Government has recently issued a series of policies to alleviate the economic bailout crisis on the negative impact of the domestic economy, such as lower taxes, strengthen national foundations and rural development, reduce export tariffs and raising the export tax rebates. These will serve to promote domestic demand, stimulating exports will have a positive impact, while the food and beverage plastic packaging industry will also benefit from the introduction and implementation of these policies. Frost & Sullivan expects the financial crisis in 2009, Chinese food and beverage plastic packaging industry growth is expected to be reduced to about 10%, but relative to the automotive and other industries, the economic crisis on the food packaging industry, the impact of relatively weak.
Industry trends in 2009
Because of the economic crisis, China’s food plastic packaging industry will inevitably face many challenges and difficulties, Frost & Sullivan consulting firm predicted in 2009 technology innovation, industry consolidation and industry improvement of standards will become China’s three major food plastic packaging industry development trends and characteristics:
First of all, the face of declining demand and increasingly fierce market competition, price competition is no longer simply allow enterprises in the current tough market form to survive, packaging enterprises only through technological innovation and improve product quality in order to win in the market place. Therefore, to understand the actual needs of end customers to produce products that effectively meet customer requirements in line with the perfect after-sales service will be the future of China’s packaging industry, a major trend.
Secondly, at present, the Chinese food packaging market was highly fragmented, many small businesses and even artisanal factories with cheap labor production and sales of low-price low-tech plastic packaging products. However, under the influence of the economic crisis, coupled with increasingly stringent regulations in the industry audit, these enterprises will inevitably be phased out, while large packaging company with excellent product quality and a relatively strong financial strength and indomitable will to survive this winter down, the market share will be further expanded. Industry consolidation will be under the influence of the economic crisis is another big market trends.
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