Chinese Packaging Machinery Industry Examined & Forecast by ResearchInChina in Report Available at MarketPublishers.com03 Feb 2015 • by Natalie Aster
LONDON – The output of packaging equipment in China amounted to 109,800 sets in 2013, an increase by 13.46% from 2012. As a result, the industry generated total revenue of more than RMB 27 billion, up by approximately 8% if compared to the previous year.
The development of food packaging, household chemicals packaging and pharmaceutical packing industries are anticipated to fuel the growth of the overall packaging machinery industry in China in the years to come.
In 2013, the packaging machinery automation market in China achieved sales of around RMB 1.99 billion. Low-voltage motors, servos and low-voltage converters enjoyed the highest demand from the consumer side in 2013 if compared to other products, accounting for 25.8%, 19.1% and 21.2% of the global packaging machinery automation market, respectively.
Nowadays, the industry is getting more concentrated in China. In 2013, the five large producers accounted for a share of approximately 10.4% of the overall market, showing a 1.25% upturn from 2012.
Guangzhou Tech-Long Packaging Machinery Co., Ltd. (Tech-Long) owns one of the largest Asian beverage packaging equipment facilities. In 2013, the firm produced 415 sets of liquid packaging machinery, a 221.7% increase from 2012. In the meantime, the firm's sales totaled 422 sets in 2013, showing YOY growth of 34.39%.
J.S. Corrugating Machinery Co., Ltd is a renowned producer of paper product packaging equipment in China. It is also the world’s largest corrugated mechanical equipment producer. As of 2013, the company obtained revenues of RMB 470 million from the packaging machinery industry, up by 48.62% from 2012.
Topical market research report “China Packaging Machinery Industry Report, 2014-2017”drawn up by ResearchInChina gives a detailed analysis of the packaging machinery industry in China. This in-demand research study includes extensive data on the packaging machinery output, import and export volumes, besides reviewing the total revenue of the industry. It highlights the competitive landscape and unveils unique data on the companies’ operations, products, customers and revenue structure. In addition, downstream applications of the packaging machinery in China, including food and beverage packaging market, household chemicals packaging and pharmaceutical packaging market are outlined in the report too. Future outlook for the Chinese packaging machinery industry till 2017 is given in the research study as well.
China Packaging Machinery Industry Report, 2014-2017
Published: September, 2014
Price: US$ 2,100.00
More insightful market studies by the publisher can be found at ResearchInChina page.