Period 2007-2019
Packaging Materials Market Overview in China |
Market Overview
After two years of growth, the Chinese packaging materials market decreased by -
% to $ in 2019. Over the period under review, the total consumption indicated a strong increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2016 indices. The pace of growth appeared the most rapid in 2008 when the market value increased by % y-o-y. Over the period under review, the market hit record highs at $ in 2018, and then reduced slightly in the following year.
In value terms, packaging materials production contracted to $ in 2019 estimated in export prices. Overall, production continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2008 with an increase of % year-to-year. Over the period under review, production attained the peak level at $ in 2018, and then declined slightly in the following year.
% to $ in 2019. Over the period under review, the total consumption indicated a strong increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2016 indices. The pace of growth appeared the most rapid in 2008 when the market value increased by % y-o-y. Over the period under review, the market hit record highs at $ in 2018, and then reduced slightly in the following year.In value terms, packaging materials production contracted to $
in 2019 estimated in export prices. Overall, production continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2008 with an increase of % year-to-year. Over the period under review, production attained the peak level at $ in 2018, and then declined slightly in the following year.Consumption
In 2019, consumption of packaging materials in China rose slightly to tonnes, picking up by % against 2018 figures. The total consumption volume increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the consumption volume increased by % year-to-year. Over the period under review, consumption hit record highs at tonnes in 2017; however, from 2018 to 2019, consumption remained at a lower figure.
The size of the packaging materials market in China declined modestly to $ in 2019, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a remarkable increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of % year-to-year. Over the period under review, the market reached the maximum level at $ in 2018, and then contracted slightly in the following year.
tonnes, picking up by % against 2018 figures. The total consumption volume increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the consumption volume increased by % year-to-year. Over the period under review, consumption hit record highs at tonnes in 2017; however, from 2018 to 2019, consumption remained at a lower figure.The size of the packaging materials market in China declined modestly to $
in 2019, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a remarkable increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of % year-to-year. Over the period under review, the market reached the maximum level at $ in 2018, and then contracted slightly in the following year.Consumption By Type
Case materials ( tonnes) constituted the product with the largest volume of consumption, comprising approx. % of total volume. Moreover, case materials exceeded the figures recorded for the second-largest type, folding boxboard ( tonnes), fourfold. The third position in this ranking was occupied by wrapping papers ( tonnes), with a % share.
From 2007 to 2019, the average annual rate of growth in terms of the volume of consumption of case materials stood at +%. With regard to the other consumed products, the following average annual rates of growth were recorded: folding boxboard (+% per year) and wrapping papers (+% per year).
In value terms, case materials ($) led the market, alone. The second position in the ranking was occupied by wrapping papers ($). It was followed by folding boxboard.
From 2007 to 2019, the average annual growth rate of the market volume of case materials amounted to +%. With regard to the other consumed products, the following average annual rates of growth were recorded: wrapping papers (+% per year) and folding boxboard (+% per year).
tonnes) constituted the product with the largest volume of consumption, comprising approx. % of total volume. Moreover, case materials exceeded the figures recorded for the second-largest type, folding boxboard ( tonnes), fourfold. The third position in this ranking was occupied by wrapping papers ( tonnes), with a % share.From 2007 to 2019, the average annual rate of growth in terms of the volume of consumption of case materials stood at +
%. With regard to the other consumed products, the following average annual rates of growth were recorded: folding boxboard (+% per year) and wrapping papers (+% per year).In value terms, case materials ($
) led the market, alone. The second position in the ranking was occupied by wrapping papers ($). It was followed by folding boxboard.From 2007 to 2019, the average annual growth rate of the market volume of case materials amounted to +
%. With regard to the other consumed products, the following average annual rates of growth were recorded: wrapping papers (+% per year) and folding boxboard (+% per year).Market Forecast
Driven by increasing demand for packaging materials in China, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from 2019 to , which is projected to bring the market volume to tonnes by the end of .
% for the period from 2019 to , which is projected to bring the market volume to tonnes by the end of .Market Structure
Over the period under review, the share of imports in terms of total packaging materials consumption in China was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the China packaging materials market is largely supplied by domestic manufacturers.
% figure. In value terms the share of imports also stood at a low figure, which means that the China packaging materials market is largely supplied by domestic manufacturers.Trade Balance
Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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