Bamboo and wood packaging development prospects are attractive

According to the "2020 forecast for industrial packaging market" released by market research firm Smithers Pine, the global industrial packaging market in 2013 was 48.6 billion U.S. dollars, and it is expected to reach 61 billion U.S. dollars in 2020.

According to the packaging materials, the packaging industry can be divided into paper packaging, metal packaging, plastic packaging, glass packaging, bamboo and wood packaging and other sub-industry. According to the "2010-2015 China Packaging Industry Investment Analysis and Forecast Report", since the reform and opening up, China's packaging industry has been developing rapidly. From 1980, China's total packaging output value was 7.2 billion yuan to 627 billion yuan in 2008. China is now moving from a packaging powerhouse. We have stepped forward to becoming a strong country in packaging and have formed three major packaging industry belts in the Pearl River Delta, Yangtze River Delta and Bohai Rim. According to statistics from the World Packaging Organization, the total size of the world packaging industry in 2002 was US$382.8 billion, which was increased to US$673.9 billion by 2012, with an average annual compound growth rate of 5.82%.

Bamboo and wood packaging industry is one of the sub-sectors of the packaging industry, an important supporting industry for the national economy, and an essential part of the modern packaging industry. Wooden packaging containers and materials have good cushioning properties, high strength, corrosion resistance, good moisture absorption, and are easy to process and facilitate on-site assembly. They are widely used by many industries in the national economy. In the process of international trade and commodity circulation, wood is one of the most widely used commodity packaging materials and has always been an indispensable part of the packaging industry. In recent years, due to the expansion of demand from downstream industries, China's bamboo and wood packaging has maintained a good growth trend. According to statistics from the China Packaging Federation, in 2010, China's bamboo and wood packaging industry achieved a total industrial output value of 5.1 billion yuan, a year-on-year increase of 15.9%.

With the development of the major downstream industries: wine, beverage and refined tea manufacturing and health products industry, in the future, the bamboo and wood packaging industry will have a vast space for development.