Analysis of China's metal box market size and industry development trend in 2022

Canned food is a necessity in our life, whether it is study, work, eating, etc., we are away from it. China is a big country in the metal box manufacturing industry. With the continuous and rapid economic development, China's metal packaging products industry has gradually experienced the transition from the early production capacity dispersion and extensive process production to the intensive development model.

1. Revenue of China's metal box packaging industry

After nearly 30 years of development, China's metal box manufacturing has gradually grown. The metal box product market has changed from a shortage type in the past to a basic balance type. In recent years, a pattern of basically balanced production and demand has been formed, and most products have basically met the domestic market demand. . In 2021, the total operating income of China's metal container industry will be US$150.06 billion, an increase of US$19.27 billion compared with the previous year. Affected by China's dual carbon policy, the "China Business Industry Research Institute" predicts that the operating income of China's metal packaging industry will increase in 2022. fell to $140.18 billion.

2, the development trend of China's metal packaging industry

While developing output, China's metal packaging products industry pays more attention to the improvement of quality. Now it is constantly adjusting the industrial structure, eliminating small-scale equipment with high pollution and high energy consumption, and actively investing in new paper machines with high speed and large width.

Rapid technological progress, circular, low-carbon and green economy have become new development themes.

The development of the industry is increasingly global, the logistics and transportation capacity is increasing day by day, and the transportation cost is greatly reduced. The transportation cost of transoceanic transportation from coastal factories to overseas customers can even be lower than the cost of transportation to domestic customers through inland freight, and globalization is strengthened.

Overseas investment is becoming more and more common. With the increasing globalization of the manufacturing industry and the lack of iron ore resources in China, the establishment of overseas factories will help companies improve their industrial chain layout and enhance their competitiveness in the global market.