In recent years, with the acceleration of the pace of life, consumption consciousness gradually changed, disposable daily printed paper products to further open the growth space. The demands of compostable party plates,custom printed disposable cups and disposable paper napkins icreased lot.
At the same time, under the trend of “limited plastic” and “double carbon”, the biodegradation industry ushered in a good development opportunity. As a leading enterprise in the paper products industry, Ningbo Hongtai Package New Material Technology Co.,Ltd. (hereinafter referred to as “Hongtai Technology”) focuses on the production and sales of paper, catering and biodegradable products and other series of products. The main products are widely used in the fields of fast moving consumer goods, catering and so on.
In 2021, the sales of Hongtai Technology exceeded 100 million, and the performance was “brilliant”. With advanced production technology level, high quality product quality and production scale, good after-sales service and market reputation, Hongtai Technology has deeply cultivated overseas market and continuously developed domestic market, and accumulated high quality customer resources. In addition, while maintaining its leading position in paper products, Hongtai Technology is vigorously developing its biodegradable products business. At present, Hongtai Technology has grown into a leading enterprise of paper food and beverage utensils and biodegradable material products in China.
With the change of people’s life concept, more and more people prefer light and convenient daily necessities, and paper products have the characteristics of light weight, low manufacturing cost and wide functions, so daily paper products have become an indispensable part of modern social life.
From the analysis of output, the output of domestic daily paper products increased steadily in recent years. Since 2018, a series of laws and regulations, including the “plastic limit”, have had a certain impact on the domestic plastic industry, and daily paper products are in a state of rapid growth.
From the demand analysis, the domestic paper products industry has a broad market demand.
Fast food, tea shops and other industries are expanding rapidly, and the demand for catering utensils is gradually expanding. Secondly, the lightweight, beautiful printing products, with the new situation of consumer preferences highly fit, has the potential for sustainable development. Finally, with the increasing degree of globalization and the development of emerging markets along the Belt and Road, the export scale of daily paper products is expected to expand further.
Therefore, with the gradual promotion of the ban on plastic policy, biodegradable paper products and plastic catering utensils will usher in good development opportunities, the market size will continue to grow.
Post time: Feb-27-2023