Home> Company News> Status Quo of Plastic Products Industry: Development of Toughness Continuously Promotes the Output of Daily Plastic Products to Become the Fastest Growing Products

Status Quo of Plastic Products Industry: Development of Toughness Continuously Promotes the Output of Daily Plastic Products to Become the Fastest Growing Products

December 19, 2024

Compared with other materials, plastic has five characteristics of performance: light weight, excellent chemical stability, excellent electrical insulation performance, poor thermal conductor, with noise reduction, shock absorption, the mechanical strength is spread across a wide range, high specific strength. After several years of development, plastic product manufacturing has become an extensive industry. As environmentally friendly protection is increasingly reflected in people's consciousness in recent years and the deeper development of the "Replace Plastic with Bamboo" action, much more attention was given by the plastic products industry to coordinated development in a pursuit of sustainable development while continuously developing new processes, new materials, and new products to meet the needs of consumers; the operation situation of the whole industry also remained stable on the whole.


Since 2024, with a series of policy measures effectively promoting the continuous recovery of the economy, both domestic and foreign market demands have been steadily recovered; the resilience of the development of the industry has improved, and the capacity for high-quality sustainable development is enhanced. Data reveal that from January to June 2024, the main business income of 22,823 enterprises in China's plastic products industry was 1,051.44 billion yuan, an increase of 6.07%; The total profit was 48.44 billion yuan, up 3.19 percent year-on-year. 708 plastic processing special equipment manufacturing enterprises, the cumulative operating income of 48.087 billion yuan, an increase of 8.27%; The cumulative profit was 4.536 billion yuan, down 6.37% year-on-year.

Daily plastic products are an important category of the plastic industry belonging to essential consumer goods. These items are used in every sphere of life, starting with food, clothes, and cosmetics to electronic products: plastic plates, plastic shoes, sanitary ware, packaging for beverages, boxes for storage, and all other kinds of plastic products.

In recent years, with the change of people's life concept, more and more people prefer lightweight and convenient daily necessities. Plastic products for daily use have become an indispensable part of modern social life ‌ because of their light weight, strong plasticity, low manufacturing cost, and extensive functions.

 

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