Development Trend of China's Tin Packaging Industry

(1) The market environment is getting better and the development space is broad

The continuous growth of China's economic aggregate and huge consumer groups determine the huge total volume of China's tin box packaging market. In recent years, China's GDP has maintained a relatively rapid rate of development. From 2011 to 2020, China's GDP has grown from 48.93 trillion to 90.03 trillion, with a compound annual growth rate of 9.10%. At the same time, China has a huge consumer group of approximately 1.4 billion people. With the growth of the total economic volume and the increasing contribution rate of consumption to economic growth, the growth potential of China's tinplate can packaging industry will be further released, and China's tinplate can packaging market has huge space.

(2) The development of the downstream food and beverage industry drives the growth of demand for tin box packaging

In recent years, China's food and beverage industry has made great progress. According to the statistics of the Food Industry Association, from 2011 to 2020, the total annual output of my country's soft drink industry increased from 118 million tons to 157 million tons, with a compound annual growth rate of 4.19%. With the increase of residents’ income levels, changes in life concepts, and faster pace of life, consumers’ demand for high-quality food and beverages is increasing, and they are paying more and more attention to the nutritional value and efficacy of food and beverages. This preference has driven the eight-treasure porridge, Food and beverage consumer markets such as herbal tea, milk-containing beverages, and vegetable protein beverages are booming. Metal cans are the best packaging materials for the above-mentioned foods and beverages, and their market prospects are broad.

(3) Policies support the development of packaging industry

The development goal of the Chinese government, the plan puts forward, "During the 13th Five-Year Plan, the average annual growth rate of the packaging industry will keep pace with the growth rate of the national economy. By the end of the 13th Five-Year Plan, the annual income of the packaging industry will reach 2.5 trillion yuan. The total export volume of product trade has increased by more than 20% compared with the period of the “Twelfth Five-Year Plan”, and the global market share shall not be less than 20%. Larger and stronger advantageous enterprises, forming more than 15 enterprises or groups with an annual output value of more than 5 billion yuan, listed companies Achieve a substantial increase in high-tech enterprises. While promoting the coordinated development of large, medium, small and micro enterprises, we will focus on cultivating a group of tin box packaging enterprises and brands, and form more than 10 well-known brand owners with strong international influence.

(4) Meet the requirements of environmental protection

Under China’s national policy guidelines for advocating circular economy and developing green GDP, as residents’ awareness of environmental protection continues to increase, the metal packaging industry will be further developed. Compared with other packaging forms, metal cans are environmentally friendly packaging that can reduce carbon emissions. From the perspective of energy consumption, transportation, degradation, recycling and other processes in the production process of cans, the environmental protection and energy saving of cans are better than other packaging.

(5) The mastery of advanced technology is conducive to the further development of the industry

In recent years, China's tin box packaging industry has actively learned foreign advanced technology and management experience, introduced a large number of advanced production equipment, and the overall technical level of the industry has been greatly improved. Leading enterprises in the industry have been able to compete with large international companies in processing and manufacturing. While learning foreign technology and management methods, high-quality companies in the industry also focus on cultivating technology R&D talents and intensify independent R&D efforts. They have achieved fruitful R&D results in tinplate packaging can body thinning, new material application, new product development, Energy conservation and emission reduction have reached or approached the international advanced level, especially the equipment and technology of some leading enterprises have ranked among the international advanced level. On the one hand, the main machinery and equipment of leading can-making enterprises in my country is mostly the procurement of international advanced equipment. After continuous digestion and absorption, the current overall manufacturing level is basically equivalent to the world level; on the other hand, China’s modern tinplate can packaging container manufacturing industry has experienced Over the years of development, we have developed suitable advanced equipment and internationally synchronized process technology. The mastery of advanced technology is conducive to high-level exchanges between my country's metal packaging industry and its counterparts in the world, and further promotes the development of my country's tinplate can packaging industry.