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The metal packaging market in developing countries is very strong
According to statistics, the global market value of beverage packaging will reach $118.8 billion in 2020.The largest packaging markets are still dominated by the United States, Europe and the Asia-Pacific region.China and India, in particular, will provide greater market growth opportunities for beverage packaging manufacturers as beverage consumption continues to rise.As the country promotes the cultivation of people's large consumption market, the demand for food and beverage packaging continues to grow.In particular, the rapid increase of energy drinks and canned food will provide more opportunities for metal packaging cans.Especially in summer, TV supermarkets are full of hot Jaduobao herbal tea, Red Bull, Coca Cola advertising promotion, the most beautiful metal packaging, also with the summer of the food consumer marketing war known to everyone.And after the summer, the coming of the Mid-Autumn Festival, tea, moon cake consumption tide will lead a wave of metal packaging performance.
In a company in a new capital market investment advice, mention, in the packaging, plastic packaging, paper, metal and glass packaging, from space, the competitive landscape, market trends and international experience dimension analysis, paper and metal packaging is in rapid growth stage of long cycle, China's packaging giant will be born from these two areas.
The information shows that the average consumption of metal packaging in the world is 13.6 US dollars, while the average consumption in China is only 5 US dollars.At present, China's metal packaging is still in the primary stage, compared with the mature market in Europe and the United States, there is a large gap, soon, world-class metal packaging enterprises will be born in China.
The industry concentration degree low conformity space is large
Metal packaging cans are corrosion-resistant and durable, and have strong printing adhesion, color firmness and brightness advantages compared with other packaging materials.Therefore, metal packaging cans can better support the high-end image of energy drinks and are expected to remain the first choice for packaging energy drinks for a long period of time in the future.Therefore, the rapid increase in the sales of energy drinks will also drive the overall revenue growth of metal packaging can manufacturers.
According to the current industrial pattern, the metal packaging industry has formed a complete metal packaging industrial system, including iron printing, can making, lid making, barrel making and other products.China has developed into the world's second largest metal packaging manufacturing country, a large number of large metal packaging industry groups continue to emerge.
In 2015, the sales revenue of China's metal packaging industry was 32 billion yuan.But the latest data from a company shows that the output value of metal packaging has reached 128 billion yuan in 2018.
But from the point of view of the whole industry, the number of small and medium-sized packaging enterprises is really large, there are redundant construction, low-end product overcapacity status.China now has more than 1,700 companies in total, with the top five accounting for less than 20 percent.This shows that the future giant has a wide range of industry consolidation space.
According to one company, "the dispersed competition pattern and huge market space provide historical opportunities for leading enterprises to become bigger and stronger through mergers and acquisitions.Especially in recent years, metal packaging industry concentration increase trend is obvious, the industry integration dividend is huge.Packaging enterprises with customer resources, technology and capital advantages will be the industry consolidators and main beneficiaries,"
Metal packaging industry is a capital-intensive industry. Only enterprises with strong capital strength can achieve scale expansion and equipment upgrade, thus forming scale advantage and cost advantage.At the same time, the technical level is the basis for the survival and development of metal packaging enterprises. Only when the technical level reaches a certain height can the enterprise save the cost to the maximum extent under the premise of meeting the quality needs of customers. The industrial enterprises that can complete this mission are those with the capital strength.
The industrial development space in the next 3-5 years is huge, and it is a foregone conclusion that the output value will exceed 100 billion yuan.The continuous growth of food and fast moving consumer goods, especially the rapid growth of beverage as consumer goods, the higher and higher canning rate of beer, the strong demand for two cans in the rural market, and the gradual improvement of metal packaging machinery and equipment, management and capacity scale, therefore, China's metal packaging industry will have a great role to play.
Looking at the space for policy support, the "13th Five-Year plan" of China's packaging industry points out that during the 13th five-year plan period, the packaging industry should strive to promote green development, cultivate and strengthen green economy, and take the development of green packaging and green industry as an important measure to promote economic restructuring.
Mainly due to the metal packaging recycling easy degradation, compared with the paper packaging, plastic packaging, metal packaging more environmental protection, energy saving, conforms to our country economic growth by "high investment, high energy consumption, high pollution" of the extensive growth mode to "low energy consumption, low pollution, high output," the trend of intensive growth pattern transformation.
The downstream market food and beverage industry continues to develop
The downstream of the metal packaging industry is mainly the food, beverage and other consumer goods industry, and this part of the national consumption is very stable, small fluctuations.Especially in recent years, China's food and beverage industry has made great progress.
According to the National Bureau of Statistics, China's beverage and food canning industries saw double growth in output from 2006 to 2018.Among them, the total output of China's beverage industry increased from 14.98083 million tons in 2005 to 14,9.2682 million tons in 2018, with a compound annual growth rate of 19.39%.
The canned food industry produced about 10.43001 million tons in 2017, with a compound annual growth rate of 12.33 percent from 2006 to 2017.
In addition, with the advancement of China's beer industry integration, the beer industry market concentration has been further improved.
Although the traditional beer corresponds to glass packaging, with the strict requirements of brand beer giants on product food safety, and brand beer enterprises generally adopt the centralized production and nationwide distribution mode of production, higher requirements are put forward for product packaging and safety distribution.
Metal cans are easy to transport and disposable. With the continuous improvement of beer canning rate, the demand for metal packaging in beer industry will be further increased.
Of course, not only the domestic market, in the international market, developing countries also very strong demand for metal packaging.For example, the chairman of a listed company said that in the past year, the company's products have been exported to Southeast Asia, the Middle East, South Korea, Central and South America, northeast Europe.There is strong demand for growth in these emerging markets.