China remains dominant in the global packaging business. They can brag about having the capacity to produce packaging for companies in many industries, including food, pharmaceuticals, and agriculture.
Due to the expanding global population and subsequent rise in consumption, the packaging industry is predicted to see a surge in demand. That said, this post will analyze the famous Chinese packaging companies and products for businesses to select the best manufacturers for their needs.
Table of Contents
Packaging market overview
World-famous packaging companies and products
The bottom line
Packaging market overview
The global plastic packaging market is valued at US$ 355 billion as of 2021 and is forecast to grow at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030. The growth is driven by expanding industries like:
– Food and beverages
– Personal and household products
– Pharmaceuticals
– E-retail
Other factors driving market growth include the rapid urbanization of emerging countries worldwide. Urbanization comes with lifestyle changes that are forcing a re-organization of the e-retail sector to cope with packaging demands.
Besides glass and metal, plastic ranks as the most preferable in the food, beverage, personal care, and industrial sectors. The material offers flexibility and rigidity in lightweight, transparent and heavy forms.
Preference for plastics by packaging companies is due to the following:
– It can withstand extreme temperatures without degrading, preserving food and beverages in their original state.
– Its low-cost production and ease of printing make it the perfect choice for branding.
World-famous packaging companies and products
Some of the world-famous packaging companies are based in China. For the past 20 years, China has cemented its position as the “world’s factory.”
This is because of affordable labor supported by their huge population of 1.45 billion as of October 2022.
Zhejiang Sanle Plastic Co., Ltd.
The company has been in existence since 1993 and was reorganized in 2003. It’s located on the East Sea shore south of China in Taizhou City. The region is famously known as “China’s plastic kingdom.”
Having operated for over 25 years, the company has grown its annual revenues to US$ 75 million. Their client portfolio includes Nestle, Shiseido, Estee Lauder, Abbot Laboratories, Clinique, Quiznos, and more.
Sanle Plastic specializes in making an array of plastic packaging products. Their plastic products are lumped into three categories. The first is containers, including bottles, boxes, jars, cups, jugs, and vials.
The second category is closures, dispensing or non-dispensing, droppers or pumps, and sprayers. Lastly, the third category comprises accessories like bottle openers, faucets, funnels, and measuring cups.
Shandong Pharmaceutical Glass Co., Ltd.
Shandong Pharmaceutical was established in 1970, and its principal office is in Yiyuan County, Zibo City, Shandong Province. The company’s market value is US$ 3.95 billion as of January 2022, with annual revenue of US$ 564 million. Its total assets are valued at US$ 933 million as of 2021.
Their wide range of products covers food and beverages, pharmaceuticals, cosmetics, glass packaging with accessories, and a series totaling 11 coupled with more than 500 specifications. The products feature;
– Vial series tubular glass
– Antibiotics series with molded injection vial
– Neutral borosilicate glass bottle series
– Amber glass bottle series
– Infusion bottle series
– Food bottles series
– Cosmetic bottles
– Aluminium-plastic cup series
– Prefillable syringes
– Plastic bottle series
Shandong Pharmaceutical is the largest pharmaceutical glass packaging manufacturer. Most of its exports are destined for Europe.
Changsha Mingkai Paper Products Co., Ltd.
Changsha Mingkai was founded by Changsha Yuhao Import and Exports Trading Co., Ltd. The initial investment was RMB 50 million (approx. US$ 7.07 today). It’s located in Yuelu District, Changsha, Hunan, China. The annual revenue for the enterprise is US$ 5 million – US$ 10 million.
The enterprise has 20 intelligent advanced integrated production lines with the capacity to churn out 800,000 boxes annually. Its specialty is in 2~20oz of biodegradable paper cups, biodegradable paper dishes of 15-25cm, 8~32oz of biodegradable paper bowls, and fast food packaging boxes.
Guangdong Tengen Industrial Group Co., Ltd.
The group was founded in 2010 with a capital of US$ 18 million; its headquarters is in Qingxi Town, Dongguan City, Guangdong province. With ten years of operation, the company’s revenue was US$ 201.6 million in 2021. Tengen has built six manufacturing spots in northern, southern, eastern, and central China.
Their main specialties include packaging supplies and logistics equipment like;
– Cardboard envelopes
– Poly mailers
– Label stickers
– Bubble mailers
– Security bags
– Packing list envelopes
– Security seals
– Packaging tapes
The company works with express, post, and e-commerce corporations and has strategic partnerships with FedEx, DHL, UPS, Royal Mail, SF Express, and others. Tengen has won 200 honors, including national new-high-tech enterprise and one of the top 500 manufacturing enterprises in Guangdong Province.
Dongguan Brothersbox Industrial Co., Ltd.
Brothersbox Industrial was founded in 1997, and its principal office is in Liaobu Town, Dongguan City, Guangdong province.
The company produces boxes of all shapes and sizes for packaging cosmetics, jewelry, watch boxes, chocolate boxes, wine boxes, shoe boxes, etc.
Their custom-designed boxes come with different CMYK printing processes with glossy lamination, gold foil, vanishing, debossed/embossing, matte lamination, texture, and spot UV.
The bottom line
More demand is expected in the packaging market since e-retail is gaining traction. Companies worldwide are looking at improving the packaging of their products as a branding statement to spur sales. It’s not strange that most people are attracted to buy a product depending on how appealing a package looks.