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Global Online Shopping Is Rapidly Expanding, And Global Cartons Have Entered An Era Of Increased Production
Global demand for cartons has surged. Because of the rapid expansion of online shopping, the number of cartons used for packaging and distribution has increased. It is estimated that the demand for cardboard as a raw material will increase by about 20% by 2022 compared with 2016. In order to attract and increase the market, not only Japanese companies such as Oji Holdings, but also international big-name paper companies such as the United States and my country have begun to increase production.
"Nihon Keizai Shimbun" published a report on May 23 entitled "Cartons have entered the era of "big production increase", saying that Prince Holdings will expand or add factories in Malaysia, Vietnam and other Southeast Asian countries and India, and plans to make cardboard boxes in five years. The output value is increased by about 20%. In the future, it will invest 11 billion yen (1 yuan is about 17.2 yen), and by fiscal year 2023, the production and sales volume will reach 4.8 billion square meters, which is converted into a weight of about 3 million tons. The company's head of overseas affairs said it "is also considering expanding to Indonesia and the Philippines."
According to the report, by 2022, global demand for toilet paper such as tissue paper and toilet paper will increase by 6% compared with 2016, reaching 57.5 million tons, mainly due to the increase in the population of emerging countries. But demand for printing and newspaper paper will drop sharply. Global demand for print and newspaper paper is estimated at 105.69 million tonnes, down 14% from 2016, due to the proliferation of electronic media brought about by digitisation. The background to the increase in production is a change in the structure of demand. Mizuho Bank Industrial Research Department believes that by 2022, the global demand for cardboard as a carton material will reach 275.34 million tons, an increase of 17% over 2016.
The report pointed out that my country has a greater demand for cartons. Its demand in 2022 will increase by 22% compared to 2016, reaching 72 million tons, accounting for a quarter of total global demand. The reason for the expansion of demand is that in the context of the increasingly significant changes in the industry structure of online shopping, economic growth has led to an increase in commodity activities, and the demand for cartons must also increase. Therefore, the paper companies have begun to increase production. my country's online shopping malls are expanding at an annual rate of 10%. my country's e-commerce Alibaba Group launched the "Double Eleven" event in November, which has increased the demand for cartons, and the number of express cartons exceeds 30 billion each year. After the export of the Apple smartphone "iphone" produced in my country has increased, the production of product packaging has also increased.