According to the "Global and Chinese Plastic Packaging Industry Report, 2010-2012" available on Research and Markets, the market scale of the Chinese plastic packaging industry approximated US$66.4 billion in 2011, accounting for 31.2% of the total worldwide.

The report also identifies that the Chinese plastic packaging industry features a low industrial concentration. For instance, the top five businesses in plastic flexible packaging industry accounted for 19.4% market share in 2010. In particular, Huangshan Novel Co Ltd was the leader, with the market share making up 7.2%. The top five businesses in cosmetic plastic packaging industry stood at 26% market share. In particular, Shenzhen Beautystar Co Ltd occupied a lion's share of 8.6%.

Pharmaceutical packaging is expected to become a new contributor for the growth of plastic packaging industry. According to the report, in terms of downstream sectors, plastic packaging witnesses the widest application in consumer goods industries like foods & drinks, daily chemical articles and pharmaceutical industries. In 2010, the application of plastic packaging in downstream foodstuff industry, daily chemical articles, pharmaceutical industry and others made up around 70%, 13%, 9%, and 8%, respectively. In developed countries, pharmaceutical packaging occupies 30% of the value of the medicines, while the figure in China is less than 10%.

And plastic wire, rope & knitting will see rapid growth in output. The report points out that among all the plastic packaging materials, the output of plastic film is the highest, while the output of plastic wire, rope and woven products among the subdivided products has seen the fastest growth. For example, the average output growth of plastic wire, rope and woven products in 2005-2010 reached 24.8%, compared with 13.1% and 13.5% for plastic film and plastic packaging container respectively.

It is noteworthy that plastic packaging downstream consumer goods enterprises are very optimistic about the long-and medium-term development of China's consumer goods market and have increased their investment in China, the report further says. For instance, Unilever lavished over RMB12 billion to set up a base in Hefei; PepsiCo is set to invest additional US$2.5 billion in China and to set up 10-12 new plants. Overall, the continuous expansion of downstream consumer goods enterprises is bound to further fuel the demand for plastic packaging, says the report.

According to the "Global and Chinese Plastic Packaging Industry Report, 2010-2012" available on Research and Markets, the market scale of the Chinese plastic packaging industry approximated US$66.4 billion in 2011, accounting for 31.2% of the total worldwide.

The report also identifies that the Chinese plastic packaging industry features a low industrial concentration. For instance, the top five businesses in plastic flexible packaging industry accounted for 19.4% market share in 2010. In particular, Huangshan Novel Co Ltd was the leader, with the market share making up 7.2%. The top five businesses in cosmetic plastic packaging industry stood at 26% market share. In particular, Shenzhen Beautystar Co Ltd occupied a lion's share of 8.6%.

Pharmaceutical packaging is expected to become a new contributor for the growth of plastic packaging industry. According to the report, in terms of downstream sectors, plastic packaging witnesses the widest application in consumer goods industries like foods & drinks, daily chemical articles and pharmaceutical industries. In 2010, the application of plastic packaging in downstream foodstuff industry, daily chemical articles, pharmaceutical industry and others made up around 70%, 13%, 9%, and 8%, respectively. In developed countries, pharmaceutical packaging occupies 30% of the value of the medicines, while the figure in China is less than 10%.

And plastic wire, rope & knitting will see rapid growth in output. The report points out that among all the plastic packaging materials, the output of plastic film is the highest, while the output of plastic wire, rope and woven products among the subdivided products has seen the fastest growth. For example, the average output growth of plastic wire, rope and woven products in 2005-2010 reached 24.8%, compared with 13.1% and 13.5% for plastic film and plastic packaging container respectively.

It is noteworthy that plastic packaging downstream consumer goods enterprises are very optimistic about the long-and medium-term development of China's consumer goods market and have increased their investment in China, the report further says. For instance, Unilever lavished over RMB12 billion to set up a base in Hefei; PepsiCo is set to invest additional US$2.5 billion in China and to set up 10-12 new plants. Overall, the continuous expansion of downstream consumer goods enterprises is bound to further fuel the demand for plastic packaging, says the report.