1. Industry introduction

Plastic film refers to the film made of polyethylene, polypropylene, polyvinyl chloride and other resins as raw materials. It is widely used due to its excellent performance characteristics such as moisture resistance and oxygen resistance, good air tightness, light weight and transparency, and good toughness. In food packaging, electrical and electronic, agricultural production, medical drugs and other fields. According to the different raw materials used, plastic film products can be divided into polyethylene film, polypropylene film, polyester film, nylon film, polyvinyl chloride film and polystyrene film.

2. Industry status

1. The preparation process is mainly based on casting method, extrusion method and blow molding method

According to the "In-depth Research Report on the Current Situation of China's Plastic Film Industry and Investment Prospect Analysis (2022-2029)" released by Guanyan Report Network, there are various plastic film preparation processes. At present, the common processes in my country are casting method, extrusion method and blow molding. The method is the main method, the various process principles are different, the properties of the film materials made are different, and they are used in different fields. 

2. The cost of raw materials accounts for the largest proportion of the core composition of production costs

According to public information, the core components of plastic film production costs are raw material costs, energy costs, and labor costs. Among them, the cost of raw materials accounts for the largest proportion, about 90%, and 7% of the cost is energy cost. At the same time, labor costs and other costs account for a very low proportion, accounting for 2% and 3% respectively.

3. Fluctuations in output

Our country is a big producer of plastic film. From 2017 to 2021, the output of plastic film in my country fluctuated and increased, from 14.5429 million tons to 16.0871 million tons, with a compound annual growth rate of 2.55%. Suppressed by the epidemic in 2020, the plastic film manufacturing industry started at a low level, and the output fell to 15.0295 million tons; in 2021, the national economic situation will improve and the plastic film industry will recover, and its output will increase by 7% year-on-year to 16.0871 million tons, which is the same as the level before the epidemic. Evenly matched.

4. Both revenue and profit have increased

From 2017 to 2021, the operating income of my country's plastic film manufacturing industry is on the rise as a whole, with revenue increasing from 299.970 billion yuan to 351.468 billion yuan. Among them, during the severe epidemic in 2020, revenue also achieved positive growth, with a year-on-year growth rate of 1.8%; in 2021, the revenue of plastic film manufacturing industry will rise to 351.468 billion yuan, an increase of 27.6% over 2020. The plastic film industry is very critical and fundamental in the national economy. In the long run, the industry output is expected to continue to increase, and the revenue will also rise.

3. Development prospects

1. National policies strongly support and promote the development of the industry

With the continuous improvement of my country's understanding of the importance of the development of the packaging industry, relevant policies have been introduced one after another, and the status of the packaging industry has been further improved. Various supportive industrial policies not only point out the development ideas and directions for the development of my country's packaging industry, but also create a favorable policy environment for my country's packaging industry to develop in a green and recyclable direction.

2. Strong downstream demand stimulates industry development

The plastic packaging industry has a wide range of downstream industries. As far as the main downstream application industries are concerned, the chemical, food, pharmaceutical, electronic information and other industries maintain a good development trend, and the demand for packaging products maintains a rapid growth rate. At the same time, plastic packaging products have the advantages of a wide variety, diverse functions, light packaging, less space, and lower transportation costs.

3. Technological upgrading to promote the development of the plastic packaging industry

Plastic particles are the main raw material for plastic packaging. In recent years, with the advancement of technology, various functional plastic particles have been introduced continuously, providing the possibility for the innovation of plastic packaging products. At the same time, the emergence and popularization of composite plastic films has made the downstream application fields more extensive and promoted the rapid development of the plastic packaging industry.