2020 China Packaging Machinery Industry Market Status And Development Prospect Analysis

- May 15, 2020-

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At present, packaging machinery manufacturing is mainly concentrated in the United States, Europe, Japan, China and other countries and regions. Paper packaging machinery is one of the important subdivision industries of packaging machinery. With the rapid development of downstream industries such as food, beverages and other fast-moving consumer goods, electronics, home appliances, medicine, and light industry in recent years, production and sales have achieved rapid growth.


Before the 1980s, China's packaging machinery was mainly imported from Germany, France, Italy, Japan and other world machinery manufacturing powerhouses. With the rise of China's machinery industry and the general environment accompanied by structural adjustment of machinery and equipment, domestic packaging machinery companies have gradually broken through the monopoly competition pattern of international manufacturers, the gap between the level of machinery manufacturing and foreign developed countries has been narrowing, and the main technical indicators of products such as work Speed, positioning accuracy, running stability, automation degree, etc. have reached or approached the international advanced level.


In recent years, the import value of China's packaging machinery has begun to show negative growth, and domestic equipment has become a trend to replace imported products. The dominant position in the domestic market has been occupied by Chinese enterprises. More and more paper packaging manufacturers have therefore chosen domestic packaging equipment to replace Imported machinery has become the mainstream and inevitable trend in the market.


On the one hand, the rapid economic growth of developing countries and regions in the world has led to a rapid increase in the market demand for packaging machinery; on the other hand, there is a large number of packaging machinery packaging equipment in developed economies. With the further recovery of the economy, equipment updates and machinery equipment The expansion of downstream manufacturers will still support the market demand for complete sets of packaging machinery. The global demand for packaging machinery will continue to grow steadily in the future. The overseas market has broad space and the export potential of Chinese enterprises is huge.


With the continuous improvement of the overall strength, more and more Chinese enterprises participate in the international market competition and seize overseas market share. In 2017, China's total export of packaging machinery was 2.379 billion US dollars, an increase of 6.48% year-on-year. China's export of packaging machinery has been steadily increasing for 6 consecutive years.


In recent years, developing economies have developed rapidly, but they still need to import advanced equipment and technology from other countries to make up for their own manufacturing gaps. Therefore, overseas markets, especially those of developing countries, will have a long period of time in the future. It will become a huge market for China's packaging machinery exports. In addition, the labor costs of developed countries such as the United States are getting higher and higher, and the profits of some product imports will be higher than their own production. Therefore, the export of packaging machinery to developed countries will also be a promising market.