As an important material in the field of food packaging, the market development trend of food cardboard has attracted much attention in recent years.
In terms of market demand, the rapid development of the food industry has driven the continuous rise in the demand for food cardboard. With the improvement of consumers' requirements for food safety and packaging quality, food cardboard has been increasingly widely used in many food fields such as baked goods, candy chocolate, dry snacks, etc. due to its good safety and functionality, such as moisture-proof, oil-proof, and heat-resistant properties. For example, baked goods use their exquisite appearance to display products, while candy chocolate relies on the stiffness and wear resistance of cardboard to protect itself.
The market scale continues to expand. In 2023, the global food packaging paper market sales reached US$4.9 billion. As one of the world's largest food paper producers and consumers, China's food paper market scale has exceeded 100 billion yuan. The rapid development of the e-commerce industry and the continuous expansion of the scale of online food sales have further promoted the demand for food cardboard. At the same time, the improvement of food safety awareness has prompted companies to increase their investment in the research and development and production of food cardboard, promoting market upgrading.
However, the food cardboard market also faces some challenges. Rising production costs, the suspension of production by some competitors have led to a reduction in industry capacity, and changes in the overall economic environment of the market. In addition, industry competition has become increasingly fierce, and some companies are facing the risk of declining gross profit margins.
Faced with challenges, companies need to respond proactively. While promoting technological innovation and improving product quality, they should optimize supply chain management, reduce production costs, and enhance competitiveness. Overall, despite the challenges, the food paperboard market is expected to maintain a good development trend as the food industry develops and consumer demand changes.