Printing, Packaging & Office Supplies Industry in China

China Packaging Industry Report, 2013-2016, forecasts that in 2016 China's packaging industry will reach total output value of RMB1.824 trillion, with a compound annual growth rate of 8.0% in 2013-2016. In China, packaging industry segments mainly refer to paper packaging, plastic packaging, metal packaging, glass packaging, package printing and packaging machinery, of which, paper packaging accounts for a large proportion of the market size (33%), followed by plastic packaging (31%) and package printing (15%). Among all market segments, paper packaging materials enjoy advantages such as wide source, light weight, population-free, good workability and low cost. In 2008-2012, China's paper and paperboard container industry witnessed compound annual growth rates of 17.27% and 24.86% in operating revenue and total profit, respectively. Despite light weight and good formability, plastic packaging is difficult to be degraded, therefore, environmentally friendly plastic packaging materials such as PVDC and EVOH with high barrier property and easy degradability will usher in a large market space in the future. According to recent statistics the annual production value of China’s printing industry has reached to 1039.8 billion RMB, ranked as the second largest producer of paper packaging in the world. Although China’s printing industry remains to be growing at a steady pace, with sales revenue and profit reportedly having 9.3% and 9.8 % growth rates respectively, it is important for industry peers to constantly innovate their technologies and business models, also to keep an insight for the latest market trends, in order to maintain their market competiveness. Know More>>

 Printing, Packaging & Office Supplies Industry in India

The Indian packaging industry, growing at an annual rate of more than 15 per cent, is valued at $ 15.6 billion (INR 85,000 crore). In the next five years, the sector is expected to triple to around $ 60 bn. The large growing middle class, liberalisation and organised retail sector are the catalysts to growth in packaging. More than 80 percent of the total packaging in India constitutes rigid packaging. The remaining 20 percent comprises flexible packaging. There are about 600-700 packaging machinery manufacturers, 95percent of which are in the small and medium sector located all over India. Indian packaging machinery imports are $ 125 million. Germany and Italy are the latest suppliers of packaging machinery to India but focus is now shifting on Taiwan, Korea and China. Indian packaging machinery exports are rapidly growing. The total demand for paper is estimated to be around 6 mn tones, of which about 40 percent is consumed by the packaging industry. Laminated products including form-fill-seal pouches, laminated tubes and tetra packs are growing at around 30 percent p.a. The Indian Print Industry has undergone a revolutionary change in the last 15 years. The average compound annual growth rate has been higher than 12% over the last 15 years. The progressive printers of today are equipped with the latest computer controlled printing machines and flow lines for binding, while state of the art digital technologies are being used in pre-press. Leading print companies have optimized the use of information technology in each and every area of their business. These printers are today equipped at par with the best print production facilities in the world. Today, India is fast becoming one of the major print producer & manufacture of printed paper products for the world markets. The quality standards have improved dramatically and immense production capacities have been created. Some printers have won recognition by winning prizes at international competition for excellence in printing. The current annual turnover of all the components in the Indian printing industry are more than Rs.50,000 crores. That is in the region of USD 11 Billion. Indian books, journals and printing jobs, etc. are being exported to over 120 countries of the world both developed and developing. Indian exports of books, printed pamphlets, newspapers& periodicals, job printing and printed materials during 2004-05 was estimated to the tune of USD 550 million.  Know More >>