The hottest green packaging market will grow at a

2022-10-15
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The green packaging market will grow at an annual rate of 9.8%

a report predicts that the total value of the global green packaging market this year will be nearly $120billion for polyurethane insulation materials with low thermal conductivity, flame retardancy and other advantages. By 2018, this figure is expected to be close to $178billion. There is no doubt that China has become the largest packaging market in Asia. It is expected that China's packaging market will grow rapidly at an annual rate of 9.8% from 2011 to 2016, and the growth rate will far exceed that of other Asian countries. Obviously, China's packaging industry as a whole has also begun to enter the stage of industrial upgrading. The rapid development of the industry has correspondingly promoted the improvement of industry requirements

the 12th Five Year Plan is a critical period for the plastic packaging industry to achieve leapfrog development, but overcapacity and low levels have reduced the average price of products by nearly two thirds. Repeated construction has had a great impact on the development of the plastic industry. The packaging industry should shift from relying solely on volume growth and expanding production capacity development to relying on scientific and technological innovation, technological progress, and structural optimization and adjustment to achieve green and sustainable development of plastic packaging

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