Home> News> CCTV Finance: Significant Growth in Paper Packaging Demand Related Enterprises Boost Production and Sales
December 04, 2023

CCTV Finance: Significant Growth in Paper Packaging Demand Related Enterprises Boost Production and Sales

Recently, CCTV Finance Channel reported on the market changes in the paper industry. According to the report, with the significant recovery of the paper industry market, the demand for paper packaging such as paper cups, paper lunch boxes, and paper bags has significantly increased, and related enterprises have begun to expand and increase production. Upstream raw paper products such as white cardboard, Cultural Paper, and double adhesive paper have also experienced strong production and sales, with some paper companies raising prices multiple times since the second half of the year.

Catering consumption drives demand for paper packaging, and related enterprises expand and increase production
Catering consumption continues to be hot, with a national catering revenue of 480 billion yuan in October alone, driving up the temperature of catering packaging. The demand for paper cups, paper lunch boxes, and paper bags has skyrocketed, which has also led some paper product manufacturers to expand their production capacity and increase production.

In the production workshop of a paper product company in Tianchang, Anhui, over 400 boxes of freshly packaged paper cups were immediately sent to a food company, and there was not much inventory in the warehouse. It is understood that since October, this company has been producing approximately 4 million paper cups of various types every day, mainly supplying multiple domestic fast food and beverage chain brands.
Chen Xiuhong, Chairman of an Anhui Environmental Protection Technology Co., Ltd., said, "Our coffee cup sales will exceed 2 billion units this year." The recovery of the catering market has seen business opportunities for this company, which has been established for less than two years. They not only plan to increase capital and expand production, but also increase research and development in packaging design for paper bags and boxes. It is expected to produce over 10 billion units of various paper packaging products this year.
Chen Xiuhong, Chairman of Anhui Environmental Protection Technology Co., Ltd., said, "Many ready to eat Western style restaurants in China have seen a certain increase in sales this year, and the increase in the number of stores has also driven the growth of paper packaging sales. It is expected that our annual sales will be in double-digit growth.".
A Coated Paper processing enterprise in Yanzhou, Shandong Province just started production of two production lines in August this year, mainly used for the production of packaging boxes such as paper cups. With strong demand for paper cups and a significant increase in sales, this enterprise has recently opened a new production line.
Feng Yan, Director of Paper Industry Communications, said, "White cardboard used for packaging food is a rapidly growing field, and the overall consumption growth rate of food cards may reach around 30% this year. Many companies choose to replace some non degradable plastic packaging with paper packaging, and outdoor food consumption such as camping and picnics will also bring some incremental growth."
Diversified customization of cultural paper, leading to a significant increase in sales in overseas markets
The market for white cardboard used for food packaging has rapidly rebounded driven by consumption, while the cultural paper market has also shown significant growth with the help of exports.
At 8 o'clock in the morning, workers at a paper printing company in Mengcheng, Anhui are shipping notebooks to Mozambique. This factory produces 100 tons of various notebooks and exercise books every day, of which more than half are exported to overseas markets.
"The growth of foreign trade this year is still very significant, and we have achieved the full output value of last year in the first half of the year," said Tang Xiaogao, the production plant director of a paper printing Co., Ltd. in Mengcheng, Anhui. Tang Xiaogao said that as of the end of November, their company's paper export volume was about 25000 tons, and currently overseas order production has been scheduled until March next year.
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