Analysis of China’s packaging machinery industry in 2022
China Business Intelligence Network News: 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, carton 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.
As a major producer of packaging machinery, what is China’s development trend in 2022?
Main listed companies in the industry: At present, the main listed companies in the domestic packaging machinery industry are: Dongfang Precision, Hubei J.S Machine
The output of special equipment for China‘s packaging machinery has increased significantly
In 2020, the output of special packaging equipment in China reached 263,400 units, an increase of 53,000 units compared with 2019, and a year-on-year increase of 25.2%. In the first half of 2021, the output of special packaging equipment in China has completed 372,000 units.
According to the data of customs export carton machinery from 2017 to 2021, the top three provinces with the largest export volume are: Zhejiang Province, Guangdong Province and Hebei Province.
Among them, in Hebei Province, because Dongguang County is the main production area of carton packaging machinery, this place is also known as: the hometown of carton machinery, and has successively won the “Hometown of China’s Carton Packaging Machinery”, “China’s Carton Packaging Machinery Industry” Base”, “China’s Famous Packaging County”, “National Packaging Machinery Famous Brand Creation Demonstration Zone” and “Provincial Export Industrial Product Quality and Safety Demonstration Zone” and other honorary titles. In 2017, Dongguang carton packaging machinery sales revenue was 8.1 billion yuan, with more than 30,000 employees.
Export side: The export value is increasing year by year, and India is the largest importer of my country’s packaging machinery industry
From the perspective of export trade regions, the top five countries in China’s packaging machinery industry in terms of export value in 2021 are India, Vietnam, the United States, Turkey and South Korea.