Plastic packaging industry is a global, continuous development and growth of the industry.  With the recovery of the world economy and the rapid development of modern commerce and logistics industry, the packaging industry has been rising rapidly in the world since the middle of the 20th century.

Because of the multiple functions of protecting commodities, facilitating circulation, facilitating consumption, promoting sales and enhancing added value, packaging products have been more and more widely used in modern society, and have become an indispensable part of commodity circulation.

(I) Definition of plastic packaging industry

Plastic packing means using plastic packing.  Plastic is main material with synthetic or natural macromolecule resin.  A material that, after the addition of various additives, is malleable at certain temperatures and pressures and can be fixed in shape when cooled.

(2) Policies related to plastic packaging industry

With the great achievements of China’s economy and the rapid development of modern commerce and logistics industry, the plastic packaging industry has risen rapidly in China since the middle of the 20th century.  China has also issued relevant policies to regulate the development of the industry.

(3) The current market situation of plastic packaging industry

China is a major packaging manufacturer and consumer in the world. Plastic packaging accounts for more than 30% of the total output value of packaging industry, and plays an irreplaceable role in food, beverage, daily necessities and industrial and agricultural production in various fields.  In recent years, China’s plastic packaging industry has been in a stable growth trend, in the packaging product structure accounted for second only to paper packaging.

In 2019, China’s packaging industry above the scale of enterprises (annual main business income of 20 million yuan and above all industrial legal enterprises)7,916 enterprises, the number of enterprises increased by 86 last year.

(4) Plastic packaging market size

In 2017, the market size of China’s plastic packaging market was US $49.64 billion and is expected to grow at a cagR of 4.4% by 2025.  The national plastic packaging market is expected to reach $56.4 billion in 2020.