Beijing, December 5, 2024 – With the continuous growth in global demand for packaging and heightened environmental awareness, the packaging and printing industry is undergoing profound changes. As one of the world's largest packaging and printing markets, China is promoting the high-quality development of the industry through technological innovation and policy guidance.
Industry Status and Challenges
According to data from the National Bureau of Statistics, as of September 2024, China's printing and media reproduction industry above a designated size achieved a revenue of 483.18 billion yuan, a year-on-year growth of 2.7%. but the total profit fell by 4.0% year-on-year to 21.93 billion yuan. This reflects that despite the increase in output value, the profitability of enterprises is under pressure due to factors such as rising raw material costs and intensified market competition..
At the same time, packaging and printing companies are also facing the problem of unstable supply chain, especially in terms of paper supply. Globalization has made the price fluctuations of raw materials more frequent, which poses a challenge to the production and operation of enterprises.
Policy Support and Green Transformation
In order to meet these challenges and promote sustainable development, the Chinese government has introduced a series of policy measures. For example, the "China Packaging Industry Development Plan (2021-2025)" puts forward a number of specific requirements such as deepening industry innovation collaboration, new forms of smart packaging, and supporting the development of smart products. In addition, the initiation of national standards for "Green Product Evaluation for Packaging Products" and "Carbon Footprint Quantification Methods for Packaging Products" reflects the government's commitment to guiding the packaging and printing industry towards a more environmentally friendly direction.
Technological Innovation Driving Change
Digitalization, automation, intelligence, and Artificial Intelligence (AI) are key trends shaping the future of the packaging and printing industry:
Digital Printing: Offering high flexibility, the ability to customize, and short printing cycles, digital printing meets the growing demand for small-batch and diverse products.
Automation and Intelligent Production: Introducing advanced production lines and technologies to improve efficiency, reduce costs, reduce errors, and ensure product quality
AI Applications: From design to production management, AI is revolutionizing the industry by providing unprecedented improvements in efficiency and service optimization.
Market Opportunities and Development Directions
With the rapid development of the e-commerce industry, the demand for express packaging, food packaging, fast-moving consumer goods packaging and other fields has continued to increase, providing a broad market space for the packaging and printing industry. It is estimated that by the end of 2024, the global packaging market will reach 1.14 trillion US dollars, and the output value of China's packaging industry will reach about 2.5 trillion yuan, accounting for about 25% of the global market..
Additionally, the arrival of 5G technology will further promote the development of the smart packaging industry. Innovative products such as Internet of Things (IoT)-based smart labels, time-temperature indicators (TTIs), and freshness indicators will gradually become more popular, providing better experiences for consumers.
Expert Opinion
"The packaging and printing industry is at a critical stage of transformation," said a well-known industry analyst. "By strengthening technological innovation and adopting green development principles, companies can not only overcome current challenges but also seize new market opportunities."
Conclusion
Leading companies such as Xiamen Kolysen Packaging Integration Co., Ltd. are actively embracing this change and are committed to becoming a model of sustainable development in the industry through continuous technological innovation and service upgrades. We look forward to seeing more companies emerge as leaders in the future, working together to drive the prosperity and growth of the packaging and printing industry.
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