China Baby Food Flexible Packaging Market Trends

  • Report ID: 4683
  • Published Date: Jan 13, 2023
  • Report Format: PDF, PPT
  1. An Outline of the China Baby Food Flexible Packaging Market
    1. Market Definition
    2. Market Segmentation
    3. Product Overview
  2. Assumptions and Acronyms
  3. Research Methodology & Approach
    1. Research Process
    2. Primary Research
    3. Secondary Research
    4. Market Size Estimation
  4. Summary of the Report for Key Decision Markers
    1. Market Size and Forecast
    2. Competitive Landscape
    3. Market Dynamics
  5. Forces of the Market Constituents
    1. Drivers
    2. Trends
  6. Key Market Opportunities for Business Growth
  7. Major Roadblocks for the Market Growth
  8. Government Regulation: How They Would Aid Business?
  9. Analysis on Ongoing Technological Advancement in Baby Food Flexible Packaging Market
  10. Industry Risk Analysis
  11. China Economic Outlook Challenges for China Recovery and its Impact on China Baby Food Flexible Packaging Market
  12. Impact of COVID-19 on China Baby Food Flexible Packaging Market
  13. Industry Pricing Benchmarking & Analysis
  14. Industry Supply Chain Analysis
  15. Product Analysis W.r.t Flexible Packaging
  16. Competitive Positioning: Strategies to Differentiate a Company from its Competitors
  17. Competitive Model: A Detailed Inside View for Investors Market Share of Major Companies Profiled, 2021
    1. Market Share Analysis, 2021
    2. Competitive Benchmarking
      1. BEAPAK
        1. Detailed overview
        2.   Assessment of Key Offering
        3.   Analysis on Growth Strategies
        4.   Exhaustive Analysis on Key Financial Indicators
        5.   Recent Developments
      2. Minfly Packaging
      3. Xiamen Kinderway Packaging Co., Ltd.
      4. Scholle IPN
      5. Guangdong Danqing Printing Co., Ltd.
      6. HengZhong Packaging Co., Ltd
      7. Henan Baolai Packaging Co.,Ltd
      8. Amcor plc
      9. Sealed Air
      10. TedPack Company Limited
  18. China Baby Food Flexible Packaging Market Outlook & Projections, Opportunity Assessment, 2021 to 2031
    1. Market Overview
    2. By Value (USD million)
  19. China Baby Food Flexible Packaging Market Outlook & Projections, Opportunity Assessment by Segments, 2021-2031
    1. By Type
      1. Pouches, 2021-2031F (USD Million)
        1. Stand-up Pouches, 2021-2031F (USD Million)
        2. Flat Pouches, 2021-2031F (USD Million)
      2. Bags, 2021-2031F (USD Million)
      3. Wraps, 2021-2031F (USD Million)
      4. Others, 2021-2031F (USD Million)
    2. By Material
      1. Plastic, 2021-2031F (USD Million)
      2. Aluminum Foil, 2021-2031F (USD Million)
      3. Paperboard, 2021-2031F (USD Million)
      4. Others, 2021-2031F (USD Million)
    3. By Product
      1. Dried Baby Food, 2021-2031F (USD Million)
      2. Milk Formula, 2021-2031F (USD Million)
        1. Liquid Milk Formula, 2021-2031F (USD Million)
        2. Powder Milk Formula, 2021-2031F (USD Million)
      3. Prepared Baby Food, 2021-2031F (USD Million)
      4. Others, 2021-2031F (USD Million)
  20. Cross Analysis of Type w.r.t. Product
  21. Contact List of Major Manufacturers

 

China Baby Food Flexible Packaging Market Trends

Growth Drivers

  • Increasing Population of Baby

With the steady increase in the infant population in the country is to boost the demand for baby food as it is essential for physical and mental growth of the baby.  In 2020, nearly 12 million babies were born in China. The birth rate was 8.52 for every 1000 people.

  • Adoption of Recycling Grade Material to Reduce Packaging Waste

By 2025, China is projected to have packaging garbage that is heavier than more than 400 aircraft carriers. The amount of waste can be reduced and the energy cost of recycling by using recycling grade material for packaging.

  • New Launches of the Product

Unique-shaped food packaging, an aluminum foil custom bag was launched by BaoLai Packaging Co., Ltd. A standard triangular sealed bag, a center sealed bag, and a four-sided sealed bag make up this special-shaped bag.

  • Government Initiatives for More Child Births in China

East China's Zhejiang province's Longwan district intends to provide families with a second child a USD 140 monthly payment up until the children become three years old, with USD 425 for families with a third child. The rising efforts of the government to boost the infant population are expected to increase the number of childbirths, which in turn is anticipated to boost the baby food demand.

  • Rising Preference of People to Use Environmentally Friendly Packaging

In China, around 24% of Gen Z and millennials verify sustainable packaging before buying the product. Moreover, Chinese consumers between the ages of 30 and 49 have the highest sustainable consumption abilities, young individuals between the ages of 20 and 29 demonstrate the most enthusiasm and awareness in sustainable consumption.

Challenges

  • Growing Preference for Homemade and Organic Foods
  • Presence of Toxic Metal Which Can Damage the Brain
  • Environmental Threats Imposed by Plastic-Based Flexible Packaging- The plastic dilemma has received more attention owing to the expanding e-commerce and food delivery sectors. China's plastic packaging growth rate increased from 2.3% in 2020 to 4.4% in 2021 last year. There is also biodegradable plastic present in the market, but still, they are not very easily degraded and require special conditions.

China Baby Food Flexible Packaging Market: Key Insights

Base Year

2021

Forecast Year

2022-2031

CAGR

9.34%

Base Year Market Size (2021)

USD 12,754.5 Million

Forecast Year Market Size (2031)

USD 30,817.4 Million

Regional

China

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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Anil


  • Report ID: 4683
  • Published Date: Jan 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising effort to increase the country’s population, increased demand for baby food and rising awareness towards environmentally friendly packaging are the few factors which are likely to boost the market growth.

The market is anticipated to attain a CAGR of 9.34% over the forecast period, i.e., 2022-2031.

Increasing popularity of homemade food, toxicity of metal present in the packaged food and plastic flexible food putting stress on the environment are the few factors likely to hamper the market growth.

The major players in the market are BEAPAK, Minfly Packaging, Xiamen Kinderway Packaging Co., Ltd., Scholle IPN, Guangdong Danqing Printing Co., Ltd., HengZhong Packaging Co., Ltd., Henan Baolai Packaging Co., Ltd., Amcor PLC, Sealed Air, TedPack Company Limited, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, material, and by product.

The milk formula is anticipated to garner the largest market size of USD 15,270 million by the end of 2031 and display significant growth opportunities. The segment is expected to grow at a CAGR of 9.52% over the forecast period. Moreover, the segment garnered a revenue of USD 6,220.4 in 2021.
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