Market Forecast By Type (Rigid, Flexible), By Product (Bottles, Cans, Wraps & Films, Bags, Pouches, Others), By Applications (Food & Beverages, Industrial Packaging, Pharmaceuticals, Personal & Household Care, Others) And Competitive Landscape
Product Code: ETC039662 | Publication Date: Jun 2023 | Updated Date: Nov 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
China Plastic Packaging market currently, in 2023, has witnessed an HHI of 1626, Which has decreased slightly as compared to the HHI of 1739 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | China Plastic Packaging Market |
Forecast period | 2024-2030 |
CAGR | 5.3% |
Growing Sector | Food and beverage |
This China Plastic Packaging Market report thoroughly covers the market by Type, by Product, and by Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The China plastic packaging market is growing steadily, driven by the expanding food and beverage sector and the demand for lightweight, durable materials. This market includes both rigid and flexible packaging, featuring products like bottles, cans, wraps, films, bags, and pouches that support industries such as food and beverages, industrial packaging, pharmaceuticals, and personal care.
According to 6Wresearch, the China Plastic Packaging Market revenue is projected to grow at a significant CAGR of 5.3% during the forecast period 2024-2030. The rising consumerism in China and the increased demand for high-quality, convenient packaging solutions are driving the growth of the plastic packaging market. Technological advancements in packaging practices, coupled with the requirement for lightweight and durable plastic, are supporting the packaging industry. As sectors demand various and reliable packaging solutions, demand is increasing across different types of packaged products.
This trend emphasizes the vital role of continuous innovation in packaging practices to meet evolving consumer needs are further boosting the China Plastic Packaging Market growth. Despite growth, the market faces challenges such as maintaining consistently high performance, meeting diverse packaging requirements, and managing the complex operational and maintenance costs. Moreover, concerns about environmental impact and the need for sustainable, circular packaging methods might potentially affect market growth.
The China Plastic Packaging Market includes key players who drive innovation and meet the diverse needs of industries like food & beverages, pharmaceuticals, and personal & household care. Prominent companies include Amcor, a major supplier of plastic packaging for the food & beverage and pharmaceutical sector, and Sealed Air, which focuses on protective and food packaging. Other significant players are Sonoco and WestRock, known for producing high-quality and sustainable packaging materials for various applications.
The China government has introduced regulations in the plastic packaging market focusing on environmental standards, worker safety, and resource efficiency. Environmental laws aim to reduce emissions and waste, requiring companies to adopt eco-friendly processes and efficient energy use. Worker safety standards are enforced to ensure safe handling of heavy machinery, protective gear, and risk mitigation in high-temperature environments. Additionally, resource efficiency regulations mandate rigorous testing and certification, especially for packaging used in critical industries like food & beverages and pharmaceuticals.
The future of China plastic packaging industry looks promising, driven by rising demand in key sectors like food & beverages, pharmaceuticals, and personal & household care. As manufacturers prioritize lightweight, sustainable packaging, there is a shift towards advanced packaging technologies and materials like biodegradable and recyclable plastic. Automation and precision packaging are expected to improve efficiency, making China a competitive player in the global market. Moreover, increased investment in sustainable practices and local supply chain development will support long-term growth.
The report offers a comprehensive study of the subsequent market segments and their leading categories
According to Ravi Bhandari, Research Head, 6wresearch, flexible plastic dominates among types due to its widespread use across industries, especially in the food & beverages and pharmaceutical sectors. Flexible plastic is appreciated for its convenience, lightweight, and cost-effectiveness, making it the preferred choice for producing versatile packaging like wraps & films, bags, and pouches.
In China's plastic packaging market, the food & beverages sector dominates. As China is a hub of food & beverages manufacturing, there is a high demand for plastic packaging used in bottles, bags, wraps & films, and other forms. The food & beverages industry requires convenient, durable packaging that can withstand various environmental conditions, making plastic packaging a preferred choice.
In China’s plastic packaging market, bottles dominate due to their widespread use across key sectors, particularly in the booming food and beverage industry, as well as in personal and household care. Bottles are essential for packaging beverages, cooking oils, sauces, and a range of consumer goods, driven by their durability, portability, and versatility.
The market report has been segmented and sub segmented into the following categories:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Plastic Packaging Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Plastic Packaging Market Revenues & Volume, 2020 & 2030F |
3.3 China Plastic Packaging Market - Industry Life Cycle |
3.4 China Plastic Packaging Market - Porter's Five Forces |
3.5 China Plastic Packaging Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 China Plastic Packaging Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.7 China Plastic Packaging Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 China Plastic Packaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 China Plastic Packaging Market Trends |
6 China Plastic Packaging Market, By Types |
6.1 China Plastic Packaging Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 China Plastic Packaging Market Revenues & Volume, By Type, 2020 - 2030F |
6.1.3 China Plastic Packaging Market Revenues & Volume, By Rigid, 2020 - 2030F |
6.1.4 China Plastic Packaging Market Revenues & Volume, By Flexible, 2020 - 2030F |
6.2 China Plastic Packaging Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 China Plastic Packaging Market Revenues & Volume, By Bottles, 2020 - 2030F |
6.2.3 China Plastic Packaging Market Revenues & Volume, By Cans, 2020 - 2030F |
6.2.4 China Plastic Packaging Market Revenues & Volume, By Wraps & Films, 2020 - 2030F |
6.2.5 China Plastic Packaging Market Revenues & Volume, By Bags, 2020 - 2030F |
6.2.6 China Plastic Packaging Market Revenues & Volume, By Pouches, 2020 - 2030F |
6.2.7 China Plastic Packaging Market Revenues & Volume, By Others, 2020 - 2030F |
6.3 China Plastic Packaging Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 China Plastic Packaging Market Revenues & Volume, By Food & Beverages, 2020 - 2030F |
6.3.3 China Plastic Packaging Market Revenues & Volume, By Industrial Packaging, 2020 - 2030F |
6.3.4 China Plastic Packaging Market Revenues & Volume, By Pharmaceuticals, 2020 - 2030F |
6.3.5 China Plastic Packaging Market Revenues & Volume, By Personal & Household Care, 2020 - 2030F |
6.3.6 China Plastic Packaging Market Revenues & Volume, By Others, 2020 - 2030F |
7 China Plastic Packaging Market Import-Export Trade Statistics |
7.1 China Plastic Packaging Market Export to Major Countries |
7.2 China Plastic Packaging Market Imports from Major Countries |
8 China Plastic Packaging Market Key Performance Indicators |
9 China Plastic Packaging Market - Opportunity Assessment |
9.1 China Plastic Packaging Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 China Plastic Packaging Market Opportunity Assessment, By Product, 2020 & 2030F |
9.3 China Plastic Packaging Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 China Plastic Packaging Market - Competitive Landscape |
10.1 China Plastic Packaging Market Revenue Share, By Companies, 2023 |
10.2 China Plastic Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |