China’s Paper Packaging Industry Improves and Stabilizes
Posted in the Paper Forum
Since: Nov 10
#1 Nov 30, 2012
China’s paper packaging industry has reached international levels of advancement. Today, the country is one of the biggest paper packaging manufacturers in the world. In the last five years, the production value of the paper packaging industry has run at an average annual growth rate of 20%.
As an important supporting industry for manufacturing and agriculture, the packaging industry is considered a key barometer of economic development. The China Packaging Federation Paper Products Committee tracked the sales performance of 11 Chinese packaging manufacturers from Q4 2011 to Q2 2012. The resultant data showed that production value in Q1 2012 increased by 15.42%, while eight of the 11 companies suffered a loss. Production value in Q2 2012 rose by 10.02% over Q1, while the deficit scale was 54.5%, signifying stable development.
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