DESCRIPTION
This new Access Asia report covers the packaging machinery market in China.
It assesses the environment for imported packaging machinery firms in a range of
sectors: distributing, wholesaling and retailing products.
EXTRACT FROM INTRODUCTION
China' s packaging industry is enjoying steady growth, with an annual growth
rate of 18% in 2001 while the industry emerged as the country' s 15th largest
industry - up from a lowly 40th place the previous decade and a welcome recovery
after a sharp slowdown at the end of the 1990s.
As China' s packaging industry
has developed, so the country' s packaging machinery industry has grown. China
currently has some 1,600 local packaging machinery manufacturers, 25% of which
are classed by the government as glarge operations?(with more than 1,000
employees), 35% gmedium-sized?(300-1,000 employees) and 40% gsmall-sized?(with
fewer than 300 employees). These companies can produce roughly 2,700 of the
4,000 types of packaging machinery currently manufactured in the global market.
Bolstered
by surging FMCG demand, China' s packaging machinery industry has helped to fuel
development in the packaging industry itself. Today, there are more than 20,000
packaging companies employing well over three million employees across the
country.
View Cart
