Currently, packaging machinery comes in a wide variety of types, including primary and secondary packaging, with applications spanning food and beverages, daily necessities, pharmaceuticals, and industry. The food and beverage packaging sector is the largest submarket within the packaging machinery industry. Beverage packaging equipment production primarily involves complete production lines with high automation levels. Presently, China's per capita consumption of beverages, particularly mineral water, still lags significantly behind that of advanced countries, indicating substantial market potential. Given China's large population, tapping into the rural market alone could generate considerable demand.
Pharmaceutical industry packaging: This type of packaging machinery is characterized by its compact size and high cost, with output accounting for approximately 12%-15% of the total drug production. Consequently, such packaging equipment demands a higher level of automation, and the purchasing power of corresponding enterprises for automated machinery is also stronger. Currently, national drug reforms are imposing increasingly stringent packaging requirements, particularly for Western medicines, to minimize secondary contamination through bulk packaging. Traditional paper sub-packaging bags have been largely phased out. This market will maintain a steady growth rate that outperforms GDP.
In the daily chemical industry, packaging machinery is also widely used, similar to pharmaceutical packaging, with small volumes and high prices. Many mechanical devices can be shared between the two sectors. For example, the cream filling machine from Xinghuo Packaging Machinery Co., Ltd. can be used for both daily chemical products, such as facial cleansers and shampoos, and pharmaceutical products like erythromycin ointment. With the development of the food industry, the demand for packaging machinery in China is expected to experience a significant surge.
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