The scale of the plastic flexible packaging market continues to expand, and the industry has great development potential

Plastic flexible packaging refers to packaging materials that are easily deformed and made of plastic film, plastic foam and other materials. They usually have the advantages of low production cost, convenient use, and easy portability. They are widely used in food, medicine, cosmetics, daily necessities and other fields.

The food and beverage field is one of the main application fields of plastic flexible packaging. As my country’s economy continues to develop, national living standards continue to improve, expenditures in the catering field continue to grow, the scale of the superimposed food processing industry continues to expand, and catering, takeout and other industries continue to develop, the domestic food and beverage flexible packaging market has maintained a steady growth trend in recent years. Plastic flexible packaging has a broad consumer market. In 2022, the market size of my country’s food and beverage flexible packaging market will be approximately 89 billion yuan, and it is expected that the market size will exceed 97 billion yuan in 2023.

In the context of increasingly severe environmental conditions and rising social awareness of environmental protection, the country has introduced a number of policies in recent years to strengthen the supervision and management of the plastic packaging industry and promote the development of the industry in a green, environmentally friendly and sustainable direction. The plastic flexible packaging industry needs to increase investment in environmental protection, continuously improve production technology, develop new materials and new products, improve resource utilization, and reduce environmental pollution.

According to the “Plastic Flexible Packaging Industry Investment Environment and Investment Prospects Forecast Analysis Report 2023-2027” released by the Industrial Research Center, from the market In terms of scale, driven by downstream market demand, my country’s plastic flexible packaging market continues to expand. In 2022, my country’s plastic flexible packaging market will exceed 100 billion yuan, a year-on-year growth of approximately 3.2%. From the perspective of market supply, due to relatively strong downstream rigid demand, the plastic flexible packaging industry has been less affected by the epidemic, and output has maintained a steady growth trend. In 2016, my country’s plastic flexible packaging output was approximately 7 million tons, and in 2022, the output will be approximately 8.35 million tons, with a compound annual growth rate of approximately 3% from 2016 to 2022.

At present, there are a large number of domestic plastic flexible packaging manufacturers, and the market competition is relatively fierce. The advantages of large enterprises in terms of technology and scale have gradually become prominent, and industry concentration has continued to increase. Yongxin Co., Ltd. is a representative enterprise in the domestic plastic flexible packaging industry. The company mainly produces and operates plastic color-printed composite flexible packaging materials, functional packaging (film) materials, special-shaped injection molding packaging, etc., which can be used for food, medicine, daily chemicals, agrochemicals, We provide hygienic, environmentally friendly, and high-quality products to users in building materials, electronics, and other fields.

Industry analysts said that as national disposable income continues to increase, expenditures in food, cosmetics and other fields continue to grow, and domestic As the aging of society continues to deepen, the number of elderly people continues to grow, the demand for pharmaceuticals continues to grow, and the chemical industry, electronics and other industries continue to develop, the application scope of plastic flexible packaging will continue to expand, and the industry has great development potential. Domestic plastic flexible packaging manufacturers need to continuously improve production technology, optimize product quality and performance, meet the diversified and personalized needs for products in different fields, and enhance their core competitiveness.