Opportunities in the Chinese Packaging Industry 2024

Opportunities in the Chinese Packaging Industry 2024

Summary

The Chinese packaging industry will increase from 912.9 billion units in 2023 to one trillion units in 2028, at a CAGR of 2%. In 2023, rigid plastics garnered a volume share of 31.2%, leading the industry, followed by paper & board and flexible packaging with shares of 28.9% and 19.6%, respectively. Rigid plastics will be increasingly preferred due to the format’s portability, convenience, low weight, and the better product protection.

Scope

This report utilizes multiple data sources to provide a comprehensive overview of the packaging industry in China as part of our coverage of the industry across 48 countries. It includes an analysis of the following

Market overview: Provides an overview of the usage of different packaging materials across different industries in terms of the number of units, packaging share, and growth rates during 2018–28. Additionally, it explores packaging innovations for leading industries in each packaging material analyzed.
Growth in the use of pack material by industry: Provides an overview of the shift in the utilization of various pack materials across leading industries during 2023–28.
Key pack materials: Includes data and analysis—number of units (millions) and growth rates—for five key pack materials, namely rigid plastics, rigid metal, glass, paper & board, and flexible packaging, during 2018–28. It also includes data and analysis for pack materials other than the previously mentioned five. Additionally, the section covers:
Pack sub-type: Includes aerosol – metal, box – rigid plastic, carton – carton board, box – liquid packaging board, box – other material, foil – aluminum, pod – paper, flexible plastic, tray – aluminum, tube – flexible plastic, other flexible packaging pack types – all sub-types, HDPE, PET, etc.
Pack type: Includes aerosol, bag-in-box, bag/sachet, blister pack, bottle, box, bubble top, can, carton-folding, carton-liquid, clamshell, etc.
Closure material: Includes metal, plastic, glass, natural cork, synthetic cork, and others.
Closure type: Includes cap, crown, dispenser, film, flip/snap top, foil, lever closure, plastic tie, prize off, screw top, sports cap, stopper, and twist off.
Primary outer material: Includes flexible packaging, board, rigid plastic, and others.
Primary outer type: Includes bag, blister pack, carton-folding, shrink wrap, sleeve, and others.

Reasons to Buy

Manufacturers and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region. The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances. The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion. To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.