Analysis of market status and development prospects of China's packaging machinery industry in 2020

Time:2020-07-24 13:42:05Source:admin1

2Before the 1980s, my country's packaging machinery was mainly imported from the world's machinery and equipment manufacturing powerhouses such as Germany, France, Italy, and Japan. With the rise of China's machinery industry and the large environment accompanying the structural adjustment of machinery and equipment, domestic packaging machinery companies have gradually broken through the monopoly competition pattern of international manufacturers, and the level gap between machinery manufacturing and foreign developed countries has been narrowing. The main technical indicators of products such as work Speed, positioning accuracy, operational stability, automation, etc. have reached or approached the international advanced level.

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

On the one hand, the rapid economic growth in developing countries and regions in the world has led to a rapid increase in the market demand for packaging machinery; on the other hand, the packaging machinery complete sets of equipment in developed economies have a large amount of equipment. With the further recovery of the economy, equipment updates and 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. There is a vast overseas market and the export potential of Chinese enterprises is huge.

With the continuous improvement of overall strength, more and more Chinese enterprises are participating in international market competition and seizing overseas market shares. In 2017, my country's packaging machinery exports totaled US$2.379 billion, an increase of 6.48% year-on-year. my country's packaging machinery exports have grown steadily for 6 consecutive years. In recent years, the economies of developing countries have developed rapidly, but they still need to import advanced equipment and technologies from other countries to make up for their own manufacturing gaps. Therefore, overseas markets, especially those in developing countries, will be in the future for a long time. China will become a huge export market for China's packaging machinery. In addition, the labor costs in developed countries such as the United States are getting higher and higher, and the profits of some products imported will be higher than that of their own production. Therefore, the export of packaging machinery to developed countries will also be a promising market.
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