1. Environmental Protection and Sustainability
Popularization of biodegradable materials: The European biodegradable plastic packaging market is expected to reach $26.15 billion by 2029, with PLA and PBAT being mainstream materials. The penetration rate of PVDC film in meat product packaging in China has rapidly increased due to its high barrier properties and reduction advantages.
Circular economy: The EU promotes the "plastic passport" system, requiring companies to disclose the carbon footprint of their packaging throughout its entire lifecycle; Chemical recycling technologies, such as the Sinopec waste plastic oiling project, are expected to reduce the cost of recycled materials by 510.
2. Technology driven innovation
Functional packaging: High barrier film (such as EVOH composite film) is used for packaging dairy products and coffee to extend shelf life; The application of active packaging (such as oxygen absorbers) in baked goods has been expanded by 13.
Intelligent packaging: The market share of intelligent packaging is expected to increase from 7.6% to 15% by 2030, and the cost of RFID and temperature sensing technology is expected to decrease by 40%.
3. Emerging market demand explosion
E-commerce packaging: The penetration rate of e-commerce in the Asia Pacific region is expected to increase to 62% by 2025, driving the demand for shockproof and moisture-proof packaging. The market size of China's cross-border logistics specialized packaging will reach 21.4 billion yuan in 2023, CAGR 24.6%521。
Health and Safety: After the epidemic, consumers' demand for sterile packaging and tamper proof design has increased. For example, Berry Global's medical grade food packaging bags have passed FDA certification 318.
4. Regional market differentiation
Mature markets: Europe and America focus on sustainability, with recyclable/biodegradable packaging accounting for over 60% by 2030.
Emerging markets: Southeast Asia and Africa rely on imports, while China dominates with its cost advantage. In 2023, it exported 88000 tons of plastic packaging bags to the United States, accounting for 16.85% of global exports in 2021. Shenzhen Sanpin Pack Co., Ltd.'s customized packaging solutions have helped many customers in various countries meet their needs for plastic flexible packaging.
