Trends and Opportunities in the Chinese Packaging Industry

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Apr 10, 2017, 16:44 ET

NEW YORK, April 10, 2017 /PRNewswire/ -- Trends and Opportunities in the Chinese Packaging Industry

Summary
Chinese packaging Industry is set to witness notable growth between 2016 and 2021, growing at a CAGR of 5.4%, compared to 4.5% during 2011-2016. Amongst other factors, the strong growth of the Chinese packaging industry will be heavily influenced by changing demographics and social factors such as growing urbanization, an aging population, and the rising middle class, along with their growing aspirations. These changes drive the need for new packaging formats, such as different sizes, materials, and formats.

Read the full report: http://www.reportlinker.com/p04815053/Trends-and-Opportunities-in-the-Chinese-Packaging-Industry.html

The increasing demand for cheaper, lighter, and more convenient packaging makes Rigid Plastics the preferred pack type for FMCG products, and it is expected to have the highest CAGR of 7.7% (highest CAGR among all packaging types analyzed) during 2016-2021, driven by the rising demand from Food and Beverage industries. Going forward, the advent of bio-based and thermo-formed plastics is expected to promote the popularity of Rigid Plastics in China.

During 2016-2021, Food and Soft Drinks are expected to be the biggest market share gainers (by units), with reported share growth of 3% and 2% respectively. The introduction of innovative Food and Beverage packaging materials with improved benefits such as anti-microbial properties and mechanical strength, which ultimately help to maintain product freshness for a longer time, are expected to drive the consumption of packaged food, thereby directly driving the growth of packaging materials in these two industries. In terms of the packaging material, Rigid Plastics and Flexible Packaging are among the major share gainers, with share growth of 3% and 1% respectively during the same period.

Flexible Packaging in China is expected to grow at a healthy CAGR of 6.5% during 2016-2021, predominantly in the Food, Household Care, and Cosmetics & Toiletries Industries. This growth is largely driven by its low cost and flexibility to suit multiple shapes and sizes, convenience (zip-locks, plastic closures), and low-carbon foot print on the environment as compared to Rigid Plastics. In addition, the increasing prominence of low-density flexible packs in high protein foods and the advent of new technologies to convert used Rigid Plastics into Flexible packs is expected to drive growth in the future.

The report "Trends and Opportunities in the Chinese Packaging Industry" provides a comprehensive overview of the Packaging industry in China, as part of our coverage of the industry across 20 countries. It includes analysis on the following -
- Market Overview: Provides an overview of the usage of different packaging materials across different industries in terms of the number of units, packaging share and growth rates during 2011-2021
- Growth in use of Pack Material by Sector: Provides an overview of the shift in the utilization of various packaging materials across sectors during 2016-2021
- Key Packaging Materials: Includes data and analysis — number of units (Millions), volumes (Million kg/lit/units), growth rates — for five packaging types viz.
- Rigid Plastics, Rigid Metal, Glass, Paper & Board, Flexible Packaging and Others (other than the afore mentioned five types) during 2016-2021. It also covers: Sub-material: Includes Aluminum, Aluminum foil/paper/plastic, Brick, Flexible Plastic, Gable Top, Glass, HDPE, Metal, Paper, Paper & Board, PET, Plastic, Ready Metal Trays, Shaped, Thin-Walled and Others.
- Container Type: Includes Aerosol, Jar, Can - Food, Bag/Sachet, Pouch, Tray, Tub, Carton, Film, Tin, Bottle, Box, Blister Pack, Foil, Wrapper, Clamshell, Tube, Can - Composite, Can - Drink, Other Line Items, Sleeve, Can - Paint, Keg/Drum, Cup, Bag-in-Box, Specialty Cosmetic Containers and Others.
- Closure Material: Includes Metal, natural, Plastic, Synthetic and Others.
- Closure Type: Includes Cap, Twist Off, Prize Off, Foil, Film, Screw Top, Stopper, Dispenser, Flip/Snap Top, Sports Cap, Plastic Tie, Crown, Lever Closure and Others.
- Outer Material: Includes Flexible, Paper & Board, Rigid Plastic and Others.
- Outer Type: Includes Box, Sleeve, Bag, Shrink Wrap, Blister Pack and Others.
- Trends, Case Studies and Future Outlook: Provides an understanding of the ongoing packaging trends in the country. The report also provides a view into the future prospects of the packaging industry.

Scope
This report brings together multiple data sources to provide a comprehensive overview of the Packaging industry in China, as part of our coverage of the industry across 20 countries. It includes analysis on the following -
- Market Overview: Provides an overview of the usage of different packaging materials across different industries in terms of the number of units, packaging share and growth rates during 2011-2021
- Growth in use of Pack Material by Sector: Provides an overview of the shift in the utilization of various packaging materials across sectors during 2016-2021
- Key Packaging Materials: Includes data and analysis - number of units (Millions), volumes (Million kg/lit/units), growth rates - for five packaging types viz. Rigid Plastics, Rigid Metal, Glass, Paper & Board, Flexible Packaging and Others (other than the afore mentioned five types) during 2016-2021. It also covers:
- Sub-material: Includes Aluminum, Aluminum foil/paper/plastic, Brick, Flexible Plastic, Gable Top, Glass, HDPE, Metal, Paper, Paper & Board, PET, Plastic, Ready Metal Trays, Shaped, Thin-Walled and Others
- Container Type: Includes Aerosol, Jar, Can - Food, Bag/Sachet, Pouch, Tray, Tub, Carton, Film, Tin, Bottle, Box, Blister Pack, Foil, Wrapper, Clamshell, Tube, Can - Composite, Can - Drink, Other Line Items, Sleeve, Can - Paint, Keg/Drum, Cup, Bag-in-Box, Specialty Cosmetic Containers and Others
- Closure Material: Includes Metal, natural, Plastic, Synthetic and Others
- Closure Type: Includes Cap, Twist Off, Prize Off, Foil, Film, Screw Top, Stopper, Dispenser, Flip/Snap Top, Sports Cap, Plastic Tie, Crown, Lever Closure and Others
- Outer Material: Includes Flexible, Paper & Board, Rigid Plastic and Others
- Outer Type: Includes Box, Sleeve, Bag, Shrink Wrap, Blister Pack and Others
- Trends, Case Studies and Future Outlook: Provides an understanding of the ongoing packaging trends in the country - convenience, affordability, multi-packs, eco-friendly etc.- across the five packaging materials. The report also provides a view into the future prospects of the packaging industry. The case studies in each packaging section gives a success example highlighting the packaging innovations, strategies and best practices

Reasons to buy
- Packaging companies and retailers seek the latest information on consumer trends and opportunities to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the CPG market.
- As consumer product demand evolves the dynamics between different packaging types also evolves favoring some packaging types and formats and leaving others increasingly out of line with demand patterns. As a result, understanding the shifting market dynamics is key to ensuring maximum sales in the future.
- The differential growth across different packaging materials and formats drive fundamental shifts in the market. These differentials result from various factors such as changing consumer preferences, regulatory compliance, and innovation within the packaging market
Read the full report: http://www.reportlinker.com/p04815053/Trends-and-Opportunities-in-the-Chinese-Packaging-Industry.html

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