China packaging machine have a rapid development speed, followed by a lot of large scale, profitable leading enterprises. At present, the output of China packaging machine are 6 billion dollars or so, while its imports are 1 billion dollars or so. Food processing and packaging machine industry is one of important industry that provide technology and equipment for food industry. It gradually developed as a fastest growing, most dynamic pillar industry in the national economy. But because of started late, insufficient technical resources concentrated, the technology innovation ability of food processing and packaging machine industry is very weak.
Broad development prospects in China packaging machine
The China packaging machine industry started in the early 1980 s. After a long period of development, the number of packaging machine factory is nearly 6000. But there are about 2000 which are unstable and about 15% of the conversion or closure of enterprises every year. At the same time, about the similar amount of new enterprises enter the industry. On the one hand, it shows that there is fierce competition in the industry. On the other hand, it shows the attractiveness and vitality of the packaging machine industry and we are optimistic about its prospects. Sales in this industry over the years only a dozen of more than billion, annual sales of more than 30 million yuan of business, about 50, 75 percent of the industry's export products are from these 50 companies produced. This shows that big packaging machine factories possess a higher technological level and production capacity and have absolute advantage in the market competition.
Restriction of development of China packaging machine
With the rapid development of society, the prosperity of commodity economy and the continuous improvement of people's living standard, commodity packaging more and more get people's attention, and the related China packaging machine
industry also is able to rapid development. China packaging machine starts later. After recent years of rapid development, it has become one of the top ten industries in mechanical industry. With the continuous development of technology and technology improvement of packaging machine, China packaging machine industry will usher in rapid development period.
China packaging machine is not only expanding scale, but also is accelerating to light mechanical and electrical integration, automation. There is a considerable progress in filling machine, packaging machine, packaging material production equipment. But, the exports of China packaging machine are less than 5% of GDP, while imports are correspond to GDP. This states that there is a big demand for packaging machine in China. But, domestic packaging machine compared with foreign products, its scientific and technological level is low and can’t meet the domestic demand for packaging machine.