Packaging Industry Report

China Packaging Industry Report, 2013-2016 of Sino Market Insight forecasts that in 2016 China's packaging industry will reach total output value of RMB1.824 trillion, with a compound annual growth rate of 8.0% in 2013-2016. In China, packaging industry segments mainly refer to paper packaging, plastic packaging, metal packaging, glass packaging, package printing and packaging machinery, of which, paper packaging accounts for a large proportion of the market size (33%), followed by plastic packaging (31%) and package printing (15%). Among all market segments, paper packaging materials enjoy advantages such as wide source, light weight, population-free, good workability and low cost. In 2008-2012, China's paper and paperboard container industry witnessed compound annual growth rates of 17.27% and 24.86% in operating revenue and total profit, respectively. Despite light weight and good formability, plastic packaging is difficult to be degraded, therefore, environmentally friendly plastic

Original Post China Packaging Industry Report, 2013-2016