Analysis of market status of China’s packaging machinery industry in 2020

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. Although the machinery manufacturing capacity of developing countries has increased rapidly in recent years, the production of complete sets of carton packaging machinery has higher requirements for intelligent numerical control systems, mechatronics design, precision parts finishing, steel materials, etc. Therefore, Italy, Germany, A few developed countries such as Japan still have certain technological advantages in the production of carton packaging machinery.

Overview of the development of domestic packaging machinery industry

Before the 1980s, China’s packaging machinery was mainly imported from Germany, France, Italy, Japan and other world machinery and equipment manufacturing countries. With the rise of China’s machinery industry and the large environment accompanying the structural adjustment of machinery and equipment, domestic packaging machinery enterprises 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, operation stability, automation degree, etc. have reached or approached the international advanced level.

Chinas packaging machinery output

Data source: compiled by the National Bureau of Statistics and China Commercial Industry Research Institute

In recent years, China’s 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 carton packaging manufacturers have therefore chosen domestic packaging equipment instead of imported products. Domestic 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 set of equipment in developed economies has a large inventory. With the further recovery of the economy, the equipment is updated and the expansion of downstream the mechanical equipment 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. The overseas market is vast 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, China’s packaging machinery exports totaled US$2.379 billion, a year-on-year increase of 6.48%. China’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 period of time. China will become a huge market for China’s packaging machinery exports. 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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