What is the current situation of China's BOPP synthetic label paper market?

The current situation of China's BOPP synthetic label paper market can be summarized from the following aspects:

First, market size and growth

The market size of China's BOPP label industry has continued to grow in recent years. According to data released by market research online, it will increase from 7.7 billion yuan in 2017 to 15.6 billion yuan in 2020, an increase of 103%. This growth is mainly due to the wide application of BOPP labels in food packaging, tissue packaging, daily chemical packaging and other fields, as well as the improvement of consumers' environmental protection and quality requirements. It is expected that in the next few years, with the improvement of consumers' awareness of environmental protection and the continuous introduction of new, multi-functional BOPP labels, the market size is expected to further expand.

Second, industry characteristics

1.Widely used: BOPP synthetic label paper has the advantages of light weight, non-toxic, odorless, moisture proof, high mechanical strength, good dimensional stability, good printing performance, good transparency, etc., widely used in food, candy, cigarettes, tea, juice, milk, textiles and other packaging, has the reputation of "packaging queen".

2.Technological progress: In recent years, BOPP films have gradually broken through the functions of electricity, magnetism, optics, high temperature resistance, low temperature resistance, barrier, gas regulation, antibacterial, etc., and the application field has been expanding, especially in the fields of new energy batteries, electronics, optical display, semiconductor lighting, solar energy, OLED, medical treatment, home decoration and other fields.

3.Environmental protection trend: With the global attention to environmental protection issues, the development and application of environmentally friendly BOPP synthetic label paper has become an important trend in the development of the industry.

Third, market competition pattern

China's BOPP synthetic label paper market is highly competitive, and there are many manufacturers and brands in the market. Enterprises improve their competitiveness by means of brand building, product innovation and market expansion. At the same time, the industry has entered the stage of differentiated competition, and some enterprises have begun to focus on tackling the technical threshold, and develop and produce high-end functional films to meet market demand.

Fourth,Import and export information

China is a big producer of BOPP films with low import dependence. Imported BOPP products are mainly high-end functional film, trade partners mainly include Japan, China Taiwan, Sweden, South Korea, Germany and so on. With the continuous development of China's BOPP film industry, production capacity continues to increase, making China's BOPP film mainly export-oriented, exporting countries mainly include the Philippines, Vietnam, Mexico, China Taiwan and Japan.

Fifth,Future Development Trend

1.Technological innovation and product upgrading: In the future, with the progress of science and technology and the diversification of consumer demand, the performance of BOPP synthetic label paper will be further improved, and functional and environmentally friendly products will become the mainstream of the market.

2.Market demand growth: With the continuous expansion of downstream application fields and the increase in consumer requirements for packaging materials, the market demand for BOPP synthetic label paper will continue to grow.

3.Industry competition intensifies: With the expansion of the market size, more and more enterprises will enter the BOPP synthetic label industry, and the market competition will be more intense. Enterprises need to improve their competitiveness through technological innovation, brand building, market expansion and other means.

4.Changes in the international trade environment: Changes in the international trade environment may have an impact on the BOPP synthetic label industry. Enterprises need to pay close attention to changes in international trade policies and timely adjust market strategies to deal with potential risks.

To sum up, China's BOPP synthetic label paper market is currently in a sustained growth stage, with a wide range of application fields and good development prospects. However, in the face of fierce market competition and ever-changing international trade environment, enterprises need to constantly innovate and progress to maintain competitive advantage.