The Packaging Machinery Industry Has Developed Stably, With the Focus on the Adaptability and Automation in the Future

Packaging machinery can complete the packaging process for all or part of the product and commodity, including filling, wrapping, sealing. Besides, as well as metering or stamping on the package. The use of packaging machinery can increase productivity, reduce labor intensity, meet the needs of large-scale production, and meet the requirements of sanitation.

Driven by downstream demand, packaging has developed from a subsidiary industry to an independent industry, attracting more and more attention from the market. Packaging is a necessary condition for most products to enter the circulation field. With the development of the times, technological progress, and rising labor costs, packaging machinery is playing an increasingly important role in the packaging field.

The United States, known as the world's largest packaging country, has developed its packaging machinery industry earlier, so its industrial system is relatively complete and mature. The United States successfully developed the world's first candy production machine in 1874, which soon became popular in Western countries.

In 2017, the U.S. packaging machinery industry market exceeded 10 billion U.S. dollars, reaching 10.33 billion U.S. dollars, which reached around 10.9 billion U.S. dollars in 2018. According to data from the German Packaging Machinery Industry Association, the market size of German food machinery and packaging machinery in 2016 was 13.3 billion euros.

Domestic Start Late but Fast Progress, and Hangzhou Yongsun Has the Widest Coverage

As the packaging machinery industry in China started late, there was a big gap between it and developed countries in the early stages of development. In recent years, under the support of the national industrial policy and the stimulus and promotion of good forms of downstream industries, some packaging equipment companies have experienced the transition from absorbing foreign advanced technology to independent innovation, and now they have formed a relatively complete technology and product system. Major technological breakthroughs have been achieved in key areas such as the degree of automation of process flow, product adaptability, and complete supply capabilities, some of which have reached or approached the international leading level and have been exported to developed countries.

Hangzhou Youngsun is a leading packaging machinery company at home with a comprehensive layout, mainly dealing with packaging equipment and accessories and packaging materials, which covers liquid food, solid food, medicine, chemicals, household appliances, and many other fields. It is the most comprehensive leading enterprise of packaging machinery.

The company will substantially increase the production capacity of industrial robots, filling machines and unpacking equipment, as well as single-machine equipment such as winding, stripping, and palletizing. In the future, the company will continue to increase its market expansion and is expected to gain more market share. In 2019, the company achieved revenue of 1.871 billion yuan, a year-on-year increase of 13.34%, and a net profit of 98.56 million yuan, a year-on-year increase of 32.85%. Although performance has declined due to the epidemic in the first quarter of 2020, it is expected to usher in recovery with the resumption of downstream work and production since the second quarter.

As a demand-oriented industry, the market capacity of the packaging machinery industry is positively correlated with the development of downstream industries and investment in fixed assets. The downstream development of the industry is relatively mature. In recent years, with the continuous improvement of China's per capita consumption level and the upgrading of consumer demand, many enterprises in various industries including food, beverages, medicine, chemicals, household appliances, currency printing, machinery manufacturing, warehousing and logistics, building materials, paper printing, have grasped development opportunities, continuously expanded production scale, improved market competitiveness, and provided an effective guarantee for the packaging machinery industry. Therefore, the market scale of the domestic packaging machinery industry maintained a relatively stable upward trend from 2011 to 2018. In 2018, the market size of the domestic packaging machinery industry was approximately 39.371 billion yuan, an increase of 4.52% from 37.67 billion yuan in 2017.

In the downstream application fields of packaging machinery, the food, beverage, pharmaceutical, and chemical industries are the most important markets, in which the food industry packaging equipment demand accounts for 32.48% of the total market demand, the beverage industry accounts for 20.87%, the pharmaceutical industry accounts for 11.29%, and the petrochemical industry accounts for 11.37%. Other industries mainly include household appliances, coinage and printing, machinery manufacturing, papermaking and printing, and book publishing.

The Downstream Industry Continues to Develop Rapidly, And the Packaging Machinery Market Demand Is Broad

China’s macroeconomy has maintained rapid growth in the past ten years, which has become the world’s second-largest economy. In 2019, China’s GDP reached 99.1 trillion yuan, a growth rate of 6.1% over the previous year, making it one of the centers of global economic growth. First, it is also one of the world's largest consumer markets. Thanks to the stable and rapid development of the entire macroeconomic and the multiple industrial adjustment and revitalization development plans promulgated by the state, most industries have achieved steady growth, including tea, tobacco and alcohol, shoes, jewelry, and cosmetics. The rapid development of many downstream industries, including consumer electronics and other industries, has played a huge leading role in the rapid growth of the packaging machinery industry. With the increasingly prominent position and role of China in the global economic structure and the continuous and stable growth of China’s macroeconomy, these downstream industries will continue to drive the packaging machinery industry to make improvements in business models, product structures, technology research and development, and manufacturing in the future. The great macroeconomy development will also provide a broader market space for the packaging machinery industry.

With the increasing market competition, the product update cycle is getting shorter and shorter. For example, in the fast-moving consumer goods fields such as food, beverages, cosmetics, and household chemicals, the production volume of products is large, the varieties are constantly being updated, so the packaging equipment is required to have strong flexibility, which can adapt to the changes in the packaged object, packaging materials, and packaging styles, and meet the diverse packaging needs of customers.

Improving the degree of automation of packaging equipment has become a common demand of global packaging equipment manufacturers. With the increase in domestic human resource costs and the increase in market concentration in downstream industries, downstream customers of packaging equipment have increasingly urgent requirements for automation. The improvement of the degree of automation of packaging equipment can improve packaging efficiency, reduce human interference, and improve the stability of packaging equipment operation.


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