Abstract: As the epidemic is under control, the continuous growth of the domestic economy has continuously stimulated the demand for tinplate cans and provided a vast market for the development of my country’s tinplate can industry. At present, China has become an important international tinplate can packaging producer.
As the epidemic is under control, the domestic economy continues to grow, which has continuously stimulated the demand for tinplate cans, providing a vast market for the development of my country’s tinplate can industry. At present, China has become an important international tinplate can packaging production country, since 20012 Since then, China’s tinplate production and consumption have been ranked first in the world.
Development status of tinplate can packaging industry in 2020
1. The loss of domestic tinplate can packaging industry enterprises has expanded
Due to the continuous impact of the epidemic on all walks of life, tinplate can packaging companies have been forced to reduce production, and many tinplate can packaging companies have suffered losses. According to statistics from the Bureau of Statistics: In 2020, there were 6,640 tinplate can packaging companies, and 1,245 were losing money, an increase of 17% year-on-year. At the same time, the output of tinplate decreased, a year-on-year decrease of 19.5%.
2. Business volume of tinplate can packaging industry declined
According to the monitoring data of the Market Supervision Bureau, the operating income of my country’s tinplate can packaging enterprises will continue to decline in 2020, with operating income of 1313.27 billion yuan, a year-on-year decrease of 2.3%. Although many tinplate can packaging companies have gone bankrupt due to environmental protection, the concentration of tinplate can packaging companies has increased. It is expected that future business revenue will grow after the epidemic ends, which will drive the industry’s main business revenue to climb.
3. The total profit of the domestic tinplate can packaging industry has increased
In 2020, the profit of domestic tinplate can packaging enterprises has increased compared with 2019. The total profit of national tinplate can packaging enterprises has dropped from 67.19 billion in 2019 to 83.63 billion in 2020, an increase of 21.2%.
Fourth, the profitability of the domestic tinplate packaging industry has increased
In the past three years, the profitability of my country’s tinplate can packaging industry has shown an increasing trend. The gross profit margin in 2020 is 17%, and the sales profit margin has increased from 4.9% in 2018 to 6.5% in 2020.
The growth trend of my country’s tinplate can packaging industry is expected in 2021
1. Tinplate can packaging products comply with policy-based green consumption trends
Low-carbon and environmentally friendly economy is one of the major trends in my country’s future development. Environmentally-friendly tinplate packaging, from the input of raw materials, to the design and manufacture of packaging products, to the recycling of products, every link will be more energy-saving, efficient, and harmless, in line with my country’s energy-saving and emission-reduction goals. As a “green packaging”, tinplate can packaging has the characteristics of high recovery rate, recycling, and easy degradation. Its production and application are also currently relatively environmentally friendly development methods.
2. Industrial tin packaging has great market potential
In recent years, we have benefited from the healthy, stable and rapid development of the entire domestic economy; most industries in the national economy have achieved steady growth, including many industries including packaging industry, manufacturing, medicine, daily consumption, food and beverage industries, etc. The rapid development of China’s tinplate can packaging industry has played a huge leading role in the rapid growth of my country’s tinplate can packaging industry, and has brought a broad market space for the healthy development of tinplate can packaging products.