Asia Becomes a New Market for Malaysian Plastic Packaging Manufacturers to Develop

The position of plastic packaging in the packaging market is indestructible. Cindy Sin, sales manager of GT-Max Plastic Industries SDN. BHD, a Malaysian plastic packaging and industrial film manufacturer, said in an interview with the media at the China International Rubber and Plastic Exhibition held in Shanghai, "We hope to explore a larger Asian market and see if there are new opportunities.

The company has added a production line capable of producing 9 layers of thin films. Sin said he hopes to open up new markets and explained that the company's current customers are mostly ASEAN customers. Sin said that due to the global economic downturn, the company's performance last year was average. It's okay, but the increase is not significant. There has been a slow improvement this year

She added that the company plans to add more mechanical equipment by the end of the year, but did not disclose further details. The plastic packaging industry maintains an annual average growth rate of 7%. From 2011 to 2015, the total output value is expected to exceed 600 billion yuan, with an average annual growth rate of about 16%. By product classification, the production of paper packaging products in China could reach 36 million tons by 2015, including 9.46 million tons of plastic packaging products, 4.91 million tons of metal packaging products, 15.5 million tons of glass packaging products, and 1.2 million sets of packaging machinery. It can be seen that the packaging industry has great potential.

With people's increasingly demanding consumer expectations, plastic packaging has also undergone rapid changes in design. In recent years, the plastic packaging industry in Japan has developed rapidly. It is expected that the demand for soft and hard plastic packaging in Japan will reach 6.9 billion units in 2017.

When it comes to the influencing factors of the development of the plastic packaging industry, people first think of market supply and demand, raw material cost prices, and downstream end product market conditions. However, with the continuous improvement of people's living standards, cultural taste, especially consumer preferences, is gradually affecting the sales of plastic packaging products.

At present, the popular packaging in the market is mainly made of plastic and paper, and the plastic film blowing industry, which is mainly made of plastic film blowing machines, has a large proportion in the market. However, with the increasingly strict requirements for the paper making industry, the new indicators of environmental protection and energy conservation have raised the threshold for the paper making industry, causing the cost of the paper packaging market to expand and prices to rise. This has led to a corresponding increase in the market share of plastic packaging, stimulating the development of the film blowing machine manufacturing machinery industry.

With the emergence of new materials, development ideas have changed, moving towards green and environmentally friendly development, exploring more recyclable materials, constantly learning and innovating in order to survive in the cracks, stand out among numerous manufacturers, and ensure that oneself is not eliminated in fierce competition and steadily improve its market position.