Current situation of printing and packaging industry

The printing and packaging industry is currently in a stage of continuous development, driven by multiple factors such as digitalization, intelligence, consumption growth, and the development of e-commerce ‌. Here's a breakdown of the current state of the industry:

1. Industry scale and system:

The printing and packaging industry has built a relatively perfect system covering the whole life cycle of products such as design, production, testing, circulation, recycling and recycling.

It is divided into three categories: packaging materials, packaging products and packaging equipment, and five sub-industries: paper packaging, plastic packaging, metal packaging, glass packaging and bamboo and wood packaging ‌.

2. Policy and Social environment:

A number of policies, such as the Special Plan for the Development of the Printing Industry during the 14th Five-Year Plan Period, emphasize the importance of investment in R&D and innovation, application of information technology, and intelligent manufacturing of the packaging industry ‌.

Printing technology has penetrated into all aspects of production and life, becoming an important part of the national economic system, with an annual output value of more than one trillion yuan ‌.

3. Market distribution and demand:

The global packaging and printing market reached $352 billion in 2024 and is expected to increase to $433.4 billion by 2029 ‌.

The Asia-Pacific packaging and printing market accounted for 43%, Europe accounted for 24%, and North America accounted for 23%‌.

Food, cosmetics, healthcare, other consumer goods scenario packaging demand growth is higher than average ‌.

4. Industry characteristics and trends:

The industry is characterized by diversity, personalization, security, as well as functionality, visibility and portability ‌.

Consumption growth drives demand, and the development of e-commerce promotes innovation, such as the development of lighter, durable and environmentally friendly packaging materials, and the provision of personalized customized services ‌.

Personalized needs lead the trend, through advanced printing technology and design concepts, to provide consumers with unique packaging solutions ‌.

5. Competition and challenge:

The industry is facing fierce competition, enterprises need to pay attention to quality control, improve product quality and printing effect ‌.

Strengthen innovation and research and development, and constantly introduce new products and new technologies to meet the constant changes of the market ‌.