China Packaging Industry Revenue Expected To Reach 2.5 Trillion In 2020

The rapid development of e-commerce has greatly promoted the development of China's packaging industry, China's packaging industry has formed a more complete range of modern industrial system with the main component of a paper, plastic, metal, glass, printing, machinery, and own a certain modern technology and equipment. The latest packaging industry restructuring views released that in 2020 the main income data of China's packaging industry forecast as follows.

With the increase in consumer spending, consumers demand surge for microwave food, snack foods and frozen food, which will accelerate the upgrading of packaging products demand. China Packaging Federation of statistics show that the current domestic paper packaging market capacity of nearly 600 billion yuan.