Influence of the current international situation on the cosmetic packaging industry

Asia is the world's largest sales market for packaging materials

From the perspective of the overall sales scale of the global packaging materials industry, in 2020, the global packaging material sales market scale will increase by 1.5% year-on-year, and the growth rate will decline due to the impact of the new crown epidemic; in 2021, the global packaging material sales scale will exceed 1 trillion US dollars , a new record.

From the perspective of regional markets, in 2020, Asia will be the largest sales market for packaging materials, accounting for more than 40% of global sales; followed by North America accounting for more than 20% of sales, and Western Europe accounting for about 19%; in addition, Eastern Europe , Central and South America, Middle East, Africa and other emerging markets.

China takes the lead in the global packaging material consumption market

From the perspective of major countries/regions, China is the world's largest consumer of packaging materials, with sales of more than $250 billion in 2021, followed by the United States with nearly $200 billion, Japan with more than $50 billion, India with more than $40 billion, and Germany with more than 300 billion. One hundred million U.S. dollars. Among them, China and India are the regions with the fastest sales growth in recent years.

In addition to the huge sales market, China is also a major manufacturer and exporter of packaging materials in the world. In 2020, China's total exports of packaging materials exceeded 38 billion US dollars, its imports exceeded 14 billion US dollars, and its trade surplus exceeded 24 billion US dollars.

The revenue of enterprises above designated size in China's packaging industry exceeds 1.2 trillion yuan.

In 2021, the total operating income of enterprises above designated size in China's packaging industry will exceed 1.2 trillion yuan, a year-on-year increase of 16%, and the growth rate is 17.56 percentage points higher than that in 2020; the cumulative total profit is 71.056 billion yuan, a year-on-year increase of 13.52%. The speed decreased by 11.38 percentage points compared with 2020.

Shandong and Guangdong are the largest export areas of glass packaging in my country

The use of packaging materials brings convenience to the general public, but at the same time it also brings various social problems such as environmental pollution and resource waste. Among all packaging materials, glass packaging containers can be recycled after use without affecting product quality, which can effectively solve the problem of post-use disposal of packaging materials, reduce environmental pollution, and at the same time realize product recycling and save resources.

In recent years, the overall scale of my country's glass packaging container manufacturing industry has continued to grow, the national glass packaging container production capacity has rapidly increased, and the export market size of the glass packaging industry has also continued to grow.

According to data from the General Administration of Customs, in 2020, Chinese glass packaging industry has completed a cumulative export value of US$1.995 billion, a year-on-year increase of 2.25%. Affected by the epidemic, the growth rate of export value has dropped significantly compared with 2019.

From the perspective of export trade regions, the top five regions in China's glass packaging industry in terms of export value in 2020 are the United States, Vietnam, Canada, the Philippines and Indonesia. Among them, the United States completed a cumulative export value of 352 million US dollars, accounting for 17.66%; Vietnam completed a cumulative export value of 220 million US dollars, accounting for 11.02%; Canada completed a cumulative export value of 99 million US dollars, accounting for 4.95%.

From the perspective of export sources, the top five regions in China’s glass packaging exports in 2020 are Shandong, Guangdong, Zhejiang, Jiangsu and Hebei. Among them, Shandong completed a cumulative export value of 585 million US dollars, accounting for 29.29%; Guangdong completed a cumulative export value of 578 million US dollars, accounting for 28.95%; Zhejiang completed a cumulative export value of 332 million US dollars, accounting for 16.65%.

The above data comes from the "China Packaging Industry Market Foresight and Investment Strategic Planning Analysis Report" by the Qianzhan Industry Research Institute.