Analysis of the market status and development prospects of China's packaging machinery industry in 2020 (Figure)
Source: The Chinese Academy of Industry Economy Research
At present, packaging machinery manufacturing is mainly concentrated in the United States, Europe, Japan, China and other countries and regions. As one of the important sub-industries of packaging machinery, paper packaging machinery has achieved rapid growth in production and sales with the rapid development of downstream industries such as food and beverages, electronics, home appliances, medicine, and light industry in recent years. Although the machinery manufacturing capacity of developing countries has increased rapidly in recent years, the production of complete sets of paper packaging machinery has higher requirements for intelligent numerical control systems, mechatronics design, precision parts finishing, steel materials, etc. Therefore, a few developed countries such as Italy, Germany, and Japan still have certain technological advantages in the field of paper packaging machinery production.
Overview of the development of domestic packaging machinery industry
Before the 1980s, Chinese 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 Chinese machinery industry and the large environment that accompanies 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.
Data source: compiled by the National Bureau of Statistics and the Chinese Academy of Industry Economy Research
In recent years,Chinese packaging machinery imports have begun to show negative growth, and 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 choose domestic packaging equipment to replace imported machinery has become the mainstream and inevitable trend in 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, developed economies have a relatively large number of complete sets of packaging machinery. With the further recovery of the economy, the 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, Chinese packaging machinery exports totaled US$2.379 billion, a year-on-year increase of 6.48%. Chinese 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, especially the overseas markets of developing countries, will become a huge market for Chinese packaging machinery exports for a long time to come. 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.