In 2021, the global sales of packaging materials will exceed 1 trillion US dollars from 2016 to 2021, the global sales of packaging materials will increase year by year. In 2020, the global packaging material sales market will increase by 1.5% year-on-year, and the growth rate will decline due to the impact of the epidemic; In 2021, the global packaging material sales will exceed US$1 trillion, a record high.
     The global sales of paper packaging materials account for the largest proportion From the perspective of packaging material types, in 2020, cardboard is the packaging material with the largest proportion of global consumption, accounting for about one-third; followed by soft packaging and hard plastic packaging,which account for more than 20%; metal packaging accounts for 12%,Glass packaging accounted for about 4%. 
    At present, flexible packaging is gradually replacing traditional glass and metal packaging materials due to the advantages of low material cost and light packaging weight. In particular, the scope of application of environmentally friendly and recyclable flexible packaging materials is becoming wider and wider, and the market substitution space is relatively large. Industrial transportation is the largest application market for packaging materials, and the industrial/transportation field is the main application market for packaging materials. In 2020, its sales accounted for more than 40%; followed by food sales accounted for nearly 30%, and sales in the beverage field The amount accounts for more than 10%, and others account for 20% (including jewelry packaging, perfume boxes, etc.).
    It is estimated that the global sales of packaging materials will exceed 1.2 trillion US dollars in 2026. In recent years, the global environmental protection and sustainable development trend has also brought new opportunities for the development of the packaging industry, and environmental protection and green packaging have become the consensus of the industry. In addition, with the further growth of the global economy, the consumer market has put forward higher requirements for the packaging industry, and personalized packaging, digital and intelligent packaging have also became new growth points for the development of the industry.
   With the gradual recovery of the global economy, the consumption demand for packaging materials in the whole society is expected to grow further. Based on the historical growth rate analysis, it is preliminarily estimated at a compound annual growth rate of 3.9%, and the global consumption of packaging materials will exceed US$1.2 trillion by 2026.