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Discussion on the Market Status and Development Trend of Food Packaging box Industry

Discussion on the Market Status and Development Trend of Food Packaging box Industry

With the continuous development of the economy, the continuous updating of technology, the continuous improvement of the competitiveness of the food packaging industry,including candy box,chocolate box,dates box,Pastry box,cake box the continuous expansion of the industry scale, and the rapid development of enterprises, the food packaging industry has continued to maintain a rapid growth in scale efficiency. With the increase of urban population and the rapid development of retail infrastructure, the demand for packaged food continues to grow, promoting the expansion of the packaging market.

According to a report by a market research institute, the global food packaging market will reach 606.3 billion US dollars by 2026, with a compound annual growth rate of 5.6%. The market demand for packaging equipment in China will reach 16.85 billion yuan in 2021, with a compound annual growth rate of 10.15%. At the same time, new development trends are also emerging in the packaging industry.

Currently, the paper products used in the food packaging industry are mainly special paper. After nearly 30 years of rapid development in China’s paper industry, the output of paper and paperboard has reached the first in the world. According to the statistics of the China Paper Industry Association, the output of special paper in China will reach 4.05 million tons in 2020, with a year-on-year increase of 6.58%. Although the output of special paper in China is not a high proportion of the total output of paper, the benefits have been very good.

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Post time: Mar-28-2023
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