China's Packaging Machinery Market Research Report - PMMI

overhaul interval.
(2) In respect to Product Categories, Chinese packaging machinery lacks
high-accuracy and large machinery. In the categories of two-piece steel can
forming equipment, high-accuracy electronic measuring devices, high-speed
resistance welders, and large hollow container forming machinery, etc.,
there are no manufacturing companies of such machinery in China at
present. A bigger gap is found in the aspects of new product development
and application, and technique innovation.
(3) In Technology, the Chinese packaging machinery industry lacks the
application of new and advanced techniques and has little automation.
3.1.3 Quantity Analysis on Chinese Packaging Machinery
According to the figures provided by China Food & Packaging Machinery Industry
Association in 1999, the packaging machinery industry had become one of the top
ten mechanical industries. The following table shows the overall status quo of the
China Packaging Machinery Industry.
Items (1999) Quantity
Output of Packaging Machinery 449 kilo sets
Overall Market Size US$ 2,440,998,000
Domestic Sales of Packaging Machinery US$ 1,674,698,000
Import of Packaging Machinery US$ 813,634,000
Export of Packaging Machinery US$ 47,344,000
Ratio of Domestic to Imported 2.058:1
Market Share of Imported Packaging Machinery 33.33%
Packaging Machinery Manufacturers 2000 companies
R&D Institutes for Packaging Machinery 35 institutes
Colleges with Related Majors 21 colleges
Growth Rate of Output 10-15%
Average Annual Growth Rate over past 10 years 15-20%
3.1.4 Market Entrance Opportunities f or PMMI Members
(1) The five industries surveyed (food, beverage, pharmaceutical, personal care
products, and electronics) are all estimated to grow steadily in the coming
decade due to the increasing market demand, which accordingly stimulates the
market demand for the related packaging machinery products.
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