Key Takeaways
- In 2022, China's packaging industry total output value exceeded 1.15 trillion RMB, marking a 6.2% year-on-year increase driven by e-commerce and food sectors.
- The packaging market in China generated revenue of approximately USD 250 billion in 2023, with a CAGR of 5.1% from 2018-2023.
- China's flexible packaging segment revenue reached 320 billion RMB in 2022, accounting for 28% of total packaging revenue.
- In 2022, China's packaging industry produced 127 million tons of packaging materials, up 4.5% YoY.
- Plastic packaging production volume in China reached 52 million tons in 2023.
- Paper and cardboard packaging production was 45 million tons in China in 2022.
- Plastic packaging consumption in China was 55 million tons in 2022, 43% of total.
- Paper packaging consumption volume reached 48 million tons in China 2023.
- Food and beverage sector consumed 60% of China's packaging output in 2022, or 76 million tons.
- China's packaging exports reached USD 35 billion in 2022, up 8.4% YoY.
- Packaging imports to China totaled USD 12 billion in 2023, mainly high-tech machinery.
- Plastic packaging exports from China hit 15 million tons in 2022.
- Packaging R&D investment in China reached 50 billion RMB in 2023.
- Adoption of smart packaging technologies grew 25% in China 2022.
- Biodegradable plastics production capacity 2 million tons in 2023 China.
China's packaging industry is robust and diversely growing, driven strongly by e-commerce and food sectors.
Consumption & Demand
Consumption & Demand Interpretation
Export & Import
Export & Import Interpretation
Market Size & Revenue
Market Size & Revenue Interpretation
Production Volume
Production Volume Interpretation
Technology & Innovation
Technology & Innovation Interpretation
Sources & References
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