With the rapid growth of vacuum bags industry in China, we have become the world's second-largest packaging production following the United States, and even expected to overtake the United States. According to the international experience in market research, we found that the vacuum bag industry can nurture giants. In this huge industry, small companies with core competitive advantage, can quickly copy the business model, face with the opportunity to continue to grow, it is worth the concern of investment decision makers. Our vacuum bag industry has a huge market capacity, and grows continuously. In 2011, China's packaging industry market has about $ 170 billion, accounting for 25% of the world. The industry average annual growth rate is 20% from 2002 to 2009, it can be estimated conservatively that it will continue to maintain a growth rate of about 15% in the future.
Factors Affecting the Promotion of Vacuum Bag Industry
First, The industrial scale of vacuum bags is prominent, the advantages of large scale enterprises will continue to be strengthened; second, the appreciation of RMB and the rising of labor costs will accelerate the upgrade of China's manufacturing industry, its supporting vacSuum packaging bag industry will also upgrade, small and medium-sized vacuum bags factory will be forced to withdraw from the market; third, the increasing environmental requirements lead to the progress of packaging materials and workmanship; fourth, in the Chinese financial system, the small business is difficult to obtain external financing to expand production capacity, the large enterprises, especially listed companies are more likely to get low-cost funds for rapid expansion, especially the listed company easily obtain low capital cost to open the way for rapid expansion. The enterprises with a unique competitive advantage and easy copy business model can grow substantially. The trend of the enhancement of concentration degree of the industry has already begun, in the process, it has formed a strong competitive advantage in some segments, and companies have the rapid expansion of the potential business which model is easy to copy.
Current Situation of China Packaging Industry
As a big manufacturing country, the size of China packaging industry market is approximately U.S. $ 150 billion (World Packaging Association Statistics caliber), takes 22.5% share in the global in 2011. Consumer goods is packaging industry's largest downstream packaging industry, the total retail sales of social consumer goods is related to this industry. From 2002 to 2009, China's total retail sales of consumer goods had been in the average annual growth rate of 16.9 percent, a growth rate of 21.9 percent in the packaging industry. The trend predicted that China's total retail sales of consumer goods will continue to grow rapidly, it is estimated that the packaging industry can maintain a growth rate of about 15%.
The article is come from:http://www.handbagmanufacturer.com.cn/index.php/analysis-of-domestic-vacuum-package-industry.htm