China Plastic Packaging Market Introduction and Overview
According to SPER Market Research, the China Plastic Packaging Market is estimated to reach USD XX billion by 2033 with a CAGR of 3.7%.
The report includes an in-depth analysis of the China Plastic Packaging Market, including market size and trends, product mix, distribution channels, and supplier analysis. The use of different kinds of plastic materials to distribute, protect, and contain items or products is referred to as plastic packaging. It is a typical packaging technique that is used in a variety of industries, including food and beverage, cosmetics, medicines, electronics, and many more.
- August 2022: Amcor PLC made significant advancements by acquiring a top-notch flexible packaging plant in the Czech Republic and establishing a new Innovation Center in Jiangyin, China. These strategic moves aim to enhance Amcor's capabilities and meet the increasing demands of its European network of customers effectively.
- The rapid growth of E-commerce in China has driven packaging companies and resellers to seek eco-friendly packaging solutions, such as recycled plastics. These efforts are expected to drive the adoption of various types of plastic packaging for e-commerce in the future.
Market Opportunities and Challenges
- Opportunities: For producers and suppliers of plastic packaging, China's sizable consumer base and the country's thriving e-commerce market present numerous possibilities. The demand for effective and safe packing solutions is growing as more customers shop online. This tendency fosters an atmosphere where businesses may innovate and build cutting-edge plastic packaging solutions that are specifically suited to the needs of e-commerce. Furthermore, China's growing environmental consciousness provides opportunities for sustainable plastic packaging substitutes. Businesses that invest in the study and development of recyclable or biodegradable plastic materials stand to gain a competitive advantage in this growing market.
- Challenges: Despite the possibilities, China's plastic packaging business faces a number of difficulties. The rising worry over plastic waste and its effects on the environment is one of the biggest obstacles. More people are calling for tighter laws and rules governing single-use plastics as awareness of the issue rises. Manufacturers must adjust to shifting laws and consumer tastes, which may necessitate large investments in infrastructure and technologies for sustainable packaging. Additionally, the fierce rivalry in China's plastic packaging business may strain profit margins. Local and foreign competitors compete for market share, resulting in price wars and possible overstock crises.
Market Competitive Landscape
The Chinese plastic packaging market is characterized by fragmentation, with major players continuously improving their product offerings. To assert their dominance, leading companies are employing organic and inorganic approaches like mergers, acquisitions, partnerships, expansions, new product introductions, and collaborations to strengthen their market position. The key players in the China Plastic Packaging market include Amcor Plc, Berry Global, Jieshou Tianhong New Material Co. Ltd, Logos Pack, Qingdao Haoyu Packing Co. Ltd, Sealed Air Corporation, Silgan Holdings, Sonoco Products Company, Tetra Laval, Wipak Ltd, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Products, By End User
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| Regions covered | Eastern China, Northern China, Southern China, Western China
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| Companies Covered | Altair Engineering, Ansys Inc., Autodesk Inc., Bentley System Inc., Dassault System, ESI Group, EXA Corporation, Mentor Graphics Corporation, MSC Software corporation |
COVID-19 Impact on China Plastic Packaging Market
The plastic packaging industry in China experienced a varied impact from the COVID-19 outbreak. Lockdown measures caused disruptions in the supply chain and manufacturing sectors. However, changes in consumer habits resulted in a surge in the food service market and higher beverage consumption, particularly for carbonated drinks. The water segment also saw rapid growth, which further boosted the demand for plastic packaging. Despite initial challenges, the shift in consumer behaviors created new opportunities for the plastic packaging industry in China, particularly in sectors related to food and beverage packaging.
Key Target Audience
- Consumer Goods Companies
- Consumers
- E-commerce Companies
- Environmental and Regulatory Bodies
- Food Service Industry
- Manufacturers and Suppliers
- Pharmaceutical Industry
- Research and Development
- Retailers
- Waste Management and Recycling Industry
- Others
Our in-depth analysis of the China Plastic Packaging Market includes the following segments:
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By Type:
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Flexible Plastic Compressors
Rigid Plastic
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By Products:
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Bags
Bottles
Containers
Films
Jars
Pouches
Trays
Wraps Gas
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By End User:
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Beverage
Food
Healthcare
Household
Personal Care
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Key Topics Covered in the Report
- China Plastic Packaging Market Size (FY’2023-FY’2033)
- Overview of China Plastic Packaging Market
- Segmentation of China Plastic Packaging Market By Type (Flexible Plastic Compressors, Rigid Plastic)
- Segmentation of China Plastic Packaging Market By Products (Bags, Bottles, Containers, Films, Jars, Pouches, Trays, Wraps Gas)
- Segmentation of China Plastic Packaging Market By End User (Beverage, Food, Healthcare, Household, Personal Care)
- Statistical Snap of China Plastic Packaging Market
- Expansion Analysis of China Plastic Packaging Market
- Problems and Obstacles in China Plastic Packaging Market
- Competitive Landscape in the China Plastic Packaging Market
- Impact of COVID-19 and Demonetization on China Plastic Packaging Market
- Details on Current Investment in China Plastic Packaging Market
- Competitive Analysis of China Plastic Packaging Market
- Prominent Players in the China Plastic Packaging Market
- SWOT Analysis of China Plastic Packaging Market
- China Plastic Packaging Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the China Plastic Packaging Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. China Plastic Packaging Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in China Plastic Packaging Market
7. China Plastic Packaging Market, By Type (USD Million)
7.1. China Plastic Packaging Market Value Share and Forecast, By Type, 2023-2033
7.2. Flexible Plastic Compressors
7.3. Rigid Plastic
8. China Plastic Packaging Market, By Products (USD Million)
8.1. China Plastic Packaging Market Value Share and Forecast, By Products, 2023-2033
8.2. Bags
8.3. Bottles
8.4. Containers
8.5. Films
8.6. Jars
8.7. Pouches
8.8. Trays
8.9. Wraps Gas
9. China Plastic Packaging Market, By End User (USD Million)
9.1. China Plastic Packaging Market Value Share and Forecast, By End User, 2023-2033
9.2. Beverage
9.3. Food
9.4. Healthcare
9.5. Household
9.6. Personal Care
10. China Plastic Packaging Market Forecast, 2019-2033 (USD Million)
10.1. China Plastic Packaging Market Size and Market Share
11. China Plastic Packaging Market, By Type, 2019-2033 (USD Million)
11.1. China Plastic Packaging Market Size and Market Share By Type (2019-2026)
11.2. China Plastic Packaging Market Size and Market Share By Type (2027-2033)
12. China Plastic Packaging Market, By Products, 2019-2033 (USD Million)
12.1. China Plastic Packaging Market Size and Market Share By Products (2019-2026)
12.2. China Plastic Packaging Market Size and Market Share By Products (2027-2033)
13. China Plastic Packaging Market, By End User, 2019-2033 (USD Million)
13.1. China Plastic Packaging Market Size and Market Share By End User (2019-2026)
13.2. China Plastic Packaging Market Size and Market Share By End User (2027-2033)
14. China Plastic Packaging Market, By Region, 2019-2033 (USD Million)
14.1. China Plastic Packaging Market Size and Market Share By Region (2019-2026)
14.2. China Plastic Packaging Market Size and Market Share By Region (2027-2033)
14.3. Eastern China
14.4. Northern China
14.5. Southern China
14.6. Western China
15. Company Profile
15.1. Amcor Plc
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Berry Global
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Jieshou Tianhong New Material Co. Ltd
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Logos Pack
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Qingdao Haoyu Packing Co. Ltd
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Sealed Air Corporation
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Silgan Holdings
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Sonoco Products Company
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Tetra Laval
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. Wipak Ltd
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
