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China Flexible Packaging Market Growing Demands, Trends and Business Outlook 2021 to 2025
The China Flexible Packaging Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.Get a Free Sample Copy of this Report:
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Top Leading Companies of China Flexible Packaging Market are Sealed Air (China) Co. Ltd, Mondi (China) Film Technology Co. Ltd., Tetra Pak International SA, Berry Global Group Inc., Amcor Flexibles Asia Pacific (Amcor Limited), Huhtamaki OYJ, Southern Packaging Group Limited, Texin Pack Printing Co. and others.
Industry News and Updates:
- May 2019 - Sealed Air Corporation signed a definitive agreement to acquire Automated Packaging Systems, Inc. (APS), a leading manufacturer of high-reliability, automated bagging systems. APS, which is known for inventing Autobag bagging machines and pre-opened bags on a roll, also provides full flexible packaging systems, equipment, sustainable materials, and technical services.
- April 2019 - Tetra Pak launched connected packaging platform, which is expected to transform milk and juice cartons into interactive information channels, full-scale data carriers, and digital tools.
Key Market Trends:
Food Sector to Occupy the largest Market Share
- In China, standardization is driving the demand for ready-to-eat food, pushing manufacturers to invest in efficient, flexible packaging solutions, such as retort pouches. Owing to this, the Chinese manufacturer, JMU Limited, in 2018, set up a new R&D center to develop ready-to-cook and ready-to-eat food products as part of the efficiency revolution.
- BASF organization worked with Zhuhai Fucheng Science and Technology Co. Ltd, one of the major producers of retort pouches and food packaging in China, to develop a food cooking bag that supports efficient production. This bag can withstand high temperatures of disinfection, with much steam blocking performance.
- Moreover, food companies are expanding their businesses, in terms of geography and product lines, to cater to this rising demand for packaged food.
- With the increasing revenue of dried processed food in the country, it is evident that the demand for flexible packaging products will increase, driving the market growth forward.
Plastic to Witness a Significant Growth Rate Over the Forecast Period
- Plastics are one of the most preferred materials in terms of packaging applications, owing to factors such as performance, durability, and cost-effectiveness. Plastics are the primary raw material for flexible packages. Some of the commonly used polymers are polypropylene (PP), polyethylene (PE), polyvinyl chloride (PVC), polyethylene terephthalate (PET), and biaxial oriented polypropylene (BOPP).
- The government regulations against single-use plastic packaging material are causing many companies to ramp up their eco-friendly plastic alternatives. Biodegradable plastics made from the agricultural sources, such as corn and sugar cane are emerging as an alternative to traditional petroleum-based products.
- Furthermore, China’s production of polylactide acid (PLA), a type of biodegradable plastic raw material, is expected to rise quickly from a very small base in the near future, providing cheaper raw materials to the local packaging industry.
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Highlights of the China Flexible Packaging Market Report:
– Detailed overview of China Flexible Packaging Market
– Changing the China Flexible Packaging market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected China Flexible Packaging market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of China Flexible Packaging Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2015 to 2021 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the China Flexible Packaging Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. China Flexible Packaging industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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