Global and China Plastic Packaging Industry Report 2010-2012 - ReportsnReports

DALLAS, January 17, 2012 /PRNewswire/ --

ReportsnReports adds new market research report on Plastic Packaging Market focusing on Global and China Industry for 2010-2012 to its store. The report highlights:

• Current development, market size, competition pattern, supply and demand of global and China plastic packaging industry;
• Import & export, industry barrier, outlook and development trend of China plastic packaging industry;
• China plastic packaging upstream and downstream; focus on the status quo and demand of the three downstream sectors including food & drinks plastic packaging, pharmaceutical plastic packaging and cosmetic plastic packaging;
• Operation, project planning, prospect concerning five global plastic packaging giants and 14 Chinese plastic packaging giants;

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In the global plastic packaging industry, the CAGR was roughly 7.2% between 2001 and 2010, featuring the fastest growth in packaging industry breakdown. For China, the market scale of plastic packaging industry approximated USD66.4 billion in 2011, accounting for 31.2% of the total worldwide. Currently, the growth in the output of plastic packaging is in proportion to the growth of demand, with the overall industry presenting a balanced supply-demand situation.

Operating Features of China Plastic Packaging Industry

• Low Industrial Concentration: the top five businesses in plastic flexible packaging industry accounted for 19.4% market share in 2010. In particular, Huangshan Novel Co., Ltd. was the champion, with the market share making up 7.2%. And the top five businesses in cosmetic plastic packaging industry stood at 26% market share. In particular, Shenzhen Beautystar Company Limited occupied a lion's share of 8.6%.
  
• Pharmaceutical Packaging Expecting to Become New Contributor for the Growth of Plastic Packaging Industry: in terms of downstream sectors, plastic packaging witnesses the widest application in consumer goods industries like foods & drinks, daily chemical articles and pharmaceutical industries. In 2010, the application of plastic packaging in downstream foodstuff industry, daily chemical articles, pharmaceutical industry and others made up around 70%, 13%, 9%, and 8%, respectively. In developed countries, pharmaceutical packaging occupies 30% of the value of the medicines, while the figure in China is less than 10%. Hence, China pharmaceutical packaging industry is expected to see skyrocketing development in upcoming years.
  
• Plastic Wire, Rope & Knitting Seeing Rapid Growth in Output: among all the plastic packaging materials, the output of plastic film is the highest, while the output of plastic wire, rope and woven products among the subdivided products has seen the fastest growth. For example, the average output growth of plastic wire, rope and woven products in 2005-2010 reached 24.8%, compared with 13.1% and 13.5% for plastic film and plastic packaging container respectively.

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