China Baby Food Flexible Packaging Market Trends

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

China Baby Food Flexible Packaging Sector: Growth Drivers and Challenges

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.

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

Browse key industry insights with market data tables & charts from the report:

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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