The plastic product industry is gradually developing and maturing, and the market size will exceed 3 trillion yuan in 2023
Release time:
2022-11-11
Source:
Yuanmagnesium
After decades of rapid development, the plastic product industry in China has undergone tremendous changes. During the 12th Five Year Plan period, China's plastic products industry has been continuously developing in the process of industrial structure adjustment, transformation, and upgrading. In recent years, China's plastic product industry has maintained a rapid development trend, with production and sales ranking first in the world, with plastic product production accounting for about 20% of the world's total production.
According to the "Analysis Report on Production and Sales Demand and Investment Forecast of the Plastic Products Industry" released by the Forward Looking Industry Research Institute, the number of enterprises above designated size in China's plastic processing industry has increased from 12963 in 2011 to approximately 15000 in 2016. With the intensification of market competition, the industry concentration has further increased; During the same period, the main business revenue of enterprises above designated size increased from 1558.374 billion yuan to 228.510 billion yuan, with a compound annual growth rate of 7.96%.
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