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Analysis on the prospects of China's pulp molding market in the next 5 years

2021-06-30

In 2020, global inflation will cause the prices of various raw materials to soar. However, the production capacity of such factories in China has been growing enthusiastically. According to statistics, the production capacity of pulp molded tableware will grow the fastest in 2020-2021, and it will also be the one with the most expansion. In 2015, the market demand ultimately determined the rapid development of the paper mold industry!

China's pulp molding market is nearly 700 million U.S. dollars

According to relatively complete statistics, there are currently about 45 pulp molded tableware factories in production across the country. The main production capacity is mainly concentrated in Jiangsu, Zhejiang, Guangxi and other places. However, with the continuous growth of market demand, the current actual production capacity is still insufficient. To meet the needs of current social development, the imbalance of supply and demand has become the main contradiction in the paper mold market after plastic bans and plastic restrictions.

From the perspective of market size, according to the data disclosed by Global Market Insights Inc., the global pulp molding market was worth US$3.4 billion in 2019. Among them, the Asia-Pacific region in 2019 is the scale of the global pulp molding packaging industry. The largest region, accounting for about 40% of the market share. It is mainly due to the high production of eggs in the region and the rapid growth of the food and food service industries, which will have a positive impact on the pulp molded packaging market in the next few years.

China is the world’s largest egg producer. Based on the prospective combination of the current market status of my country’s pulp molding industry and the analysis of public information, it is conservatively estimated that the current proportion of China’s pulp molding packaging industry in the Asia-Pacific region is about 20%. , Combined with the global market size of the pulp molded packaging industry, the market size of China's pulp molded packaging industry in 2019 is approximately US$680 million.

China's pulp molding market will reach nearly 240 billion yuan in 2025

Although the market scale of China's pulp molding industry is still small, its development potential is huge, and the market capacity cannot be underestimated. Looking ahead, combining the current status of the packaging market, the application status of pulp molding in e-commerce, food delivery and other related fields, and policy trends, conservatively predict that the penetration rate of pulp molding in the plastic packaging market will be around 5% in 2020. In other words, in 2020, my country's pulp molding market capacity is expected to reach 34.3 billion yuan.

With the continuous implementation of the plastic restriction policy, assuming that my country will strictly implement the plastic ban policy in the next few years, the penetration rate of pulp molding in the plastic packaging market is expected to reach 30% by 2025, and my country's pulp molding market capacity by 2025 It is expected to reach 238.8 billion yuan, which shows that my country's pulp molding market is huge.

With the continuous implementation of the plastic restriction policy, it is assumed that my country will strictly implement the plastic ban policy in the next few years, and pulp molding will be in plastic by 2025.


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