Analysis on Supply and Demand Status of China's Plastic Packaging Industry in 2024

Analysis on Supply and Demand Status of China's Plastic Packaging Industry in 2024
14:30, June 6, 2024 Forward-looking network

Log in to Sina Finance APP to search [Xinpi] to view more evaluation grades

Transferred from: Prospective Industry Research Institute

Major listed companies in the industry: Shandong Medicinal Glass (600529); Zhengchuan Shares (603976); Wanshun New Material (300057); Dashengda (603687); Meiyingsen (002303); Zijiang Enterprise (600210); Double star new material (002585); Lihe Scientific Innovation (002243); Hongyu Packaging Materials (837174); Jiamei Packaging (002969); Shengxing Shares (002752); Baosteel Packaging (601968), etc

Core data of this article: China's primary form plastic output; China's plastic film output; China's plastic foam output

1. Supply side: the output of the three major products grows together

At present, China is the world's second largest packaging country, the Asia Pacific country with the largest demand for plastic packaging, and also a major manufacturing country of plastic packaging. In recent years, the consumption upgrading of Chinese residents has promoted the development of China's plastic packaging industry. Plastic packaging plays an irreplaceable role in food, beverage, daily necessities and industrial and agricultural production.

From 2015 to 2023, the output of primary form plastics in China gradually increased. In 2023, the national output of primary form plastics will be 119.0184 million tons, with a year-on-year increase of 4.71%.

From 2015 to 2023, the overall output of plastic film in China fluctuated. In 2023, China's plastic film industry will achieve a cumulative output of 16.9536 million tons, up 2.05% year on year.

From 2015 to 2023, China's foam plastic output fluctuated greatly. In 2023, China's foam plastic output will be 2.669 million tons, an increase of 6.1% over 2022. Among them, Guangdong Province, Zhejiang Province, Jiangsu Province, Fujian Province and Henan Province rank among the top five in terms of output.

2. Demand side: income of enterprises above designated size rebounded

From 2017 to 2023, the main business income of enterprises above designated size in China's plastic packaging industry fluctuated. In 2020, the main business income of enterprises above designated size in the plastic packaging industry across the country affected by the epidemic will decline. In 2023, enterprises above designated size will achieve a cumulative revenue of 162.303 billion yuan, up 0.18% year on year.

In 2020, the income of enterprises above designated size in China's plastic film manufacturing industry will decline due to the epidemic. It will start to recover in 2021. In 2023, the accumulated operating revenue of enterprises above designated size in China's plastic grinding industry will be 3781.04 yuan, up 1.10% year on year.

The supply of raw materials at the supply side of the plastic packaging industry has increased year by year. The demand side has got rid of the impact of the epidemic, and the income of enterprises has gradually recovered. On the whole, the supply and demand sides of the plastic packaging industry are relatively stable and developing well.

For more research and analysis of this industry, please refer to the Forecast and Analysis Report on Production and Marketing Demand and Investment of China's Plastic Packaging Industry issued by the Prospective Industry Research Institute.

At the same time, the Prospective Industry Research Institute also provides solutions such as industrial big data, industrial research report, industrial planning, park planning, industrial investment attraction, industrial atlas, smart investment attraction system, industry status certification, IPO consulting/fundraising investment feasibility study, and specialized, new and small giant declaration. To quote the content of this article in any public information disclosure such as the prospectus and the company's annual report, you need to obtain the formal authorization of the forward-looking industry research institute.

More in-depth industry analysis can be found in the [Prospective Economist APP], and communication and interaction can also be made with 500+economists/senior industry researchers. More enterprise data, enterprise information and enterprise development can be found in the Enterprise Query APP, the most cost-effective and comprehensive enterprise query platform.

Massive information, accurate interpretation, all in Sina Finance APP

VIP course recommendation

Loading

APP exclusive live broadcast

one / ten

Popular recommendation

Stow
 Sina Finance Official Account
Sina Finance Official Account

24-hour rolling broadcast of the latest financial information and videos, and more fans' welfare scanning QR code attention (sinafinance)

Live broadcast of stock market

  • Teletext studio
  • Video studio

7X24 hours

  • 06-17 Edit three hundred and one thousand five hundred and eighty --
  • 06-17 Yongzhen Shares six hundred and three thousand three hundred and eighty-one --
  • 06-11 Zhonglun New Material three hundred and one thousand five hundred and sixty-five --
  • 05-31 Dameng Data six hundred and eighty-eight thousand six hundred and ninety-two eighty-six point nine six
  • 05-28 Lian Technology three hundred thousand seven hundred and eighty-four twenty-eight point three
  • Sina homepage Voice Announcements Related news Back to top