The Booming China Packaging Market
Edit: Click: Date: 2011-6-9
The gross output value of China’s booming packaging industry reached US$ 1 trillion in 2009 and it is expected to grow to US$ 1.2 trillion in 2010. Sustainable packaging is a fast-growing segment in the global packaging industry, and China’s contribution will increase to 32% of the total market by 2014, up from just 21% in 2009. This is astonishingly rapid growth and is driven by China’s rapid economic assent in the world and as such China is expected to become the world’s largest packaging machinery and materials market in the world. However, challenges remain for local players as only a few China packaging manufacturers can meet international quality standards. Market leaders in China’s packaging industry are mostly international enterprises and the industry still relies on import of core packaging machinery, raw and auxiliary materials to compete at the higher end of the market that demands efficiency and quality. As such, China manufacturers have to upgrade their production facilities to remain competitive and assume market leader positions.
In addition, in China, packaging users across industry, businesses and households are becoming more aware of environmental and health issues and are demanding a higher quality of packaging. At the household level consumers are increasingly demanding more eco-friendly and sustainable packaging solutions – following their international counterparts in the USA and Europe. International packaging manufacturers already follow the newly issued ISO14000 environmental management standards to produce green packaging, and this will continue to drive the industry worldwide as well as in China.
Publishing Background
In a strategic editorial partnership with Packaging World of the US and a team of authoritative editorial advisors in China, International Packaging News for China facilitates technology transfer by providing readers the latest information on total packaging and converting solutions from around the world. International Packaging News for China offers practical solutions for improving productivity, reducing cost, and turning innovations into real competitive advantages. It also acknowledges those who have made significant technological contribution to China's packaging & converting industry in its annual Technology Innovation Awards issue. International Packaging News for China also facilitates faster communication between buyers and sellers with a comprehensive range of reader services in the magazine, online at www.industrysourcing.com and through our fully interactive e-magazine.
Quality Readers
Published 6x a year in Simplified Chinese, International Packaging News for China reaches decision makers who recommend, purchase and maintain machinery, related equipment and materials used in the whole packaging process, from design, converting, printing to filling, sealing, capping, coding, labeling, material handling and shipping. Readers design, create, manufacture packaging and integrated packaging processes as well as maintain packaging systems, material handling and logistics. Each subscription is requested in writing, and each reader is qualified by name, job title and industry. Information is updated and re-qualified annually by our call center.
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