Epoxy curing agent News The demand for white cardboard in my country continues to rise and the market concentration is high

The demand for white cardboard in my country continues to rise and the market concentration is high

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White cardboard, also known as thin cardboard, is a single-layer or multi-layer paper made of bleached chemical pulp as raw material, multi-roller calendering and full sizing. The surface is coated with a little paint. White cardboard has the characteristics of thickness, good stiffness, no wrinkles, no scars, no markings, no warping, smooth surface, good uniformity, good density, high color purity, neat appearance, good folding resistance, and smooth paper surface. It has the advantages of high density, good printability, uniform ink absorption, strong layer expression, and good burst resistance. It is widely used in invitations, business cards, certificates, wall calendars, desk calendars, menus, postcards, product packaging and other fields. According to different background colors, white cardboard can be divided into: white-backed coated cardboard, blue-and-white single-sided and double-sided coated cardboard, and gray-backed coated cardboard.
White cardboard is a green, low-carbon industrial packaging paper. In recent years, in order to promote the replacement of white cardboard packaging, promote the development of the white cardboard industry, and reduce the use of plastic packaging, the Chinese government has successively promulgated the “14th Five-Year Plan” cycle Policies such as “Notice on Economic Development Planning”, “Guidance Catalog for Industrial Structural Adjustment (2019)”, “Promotion Conference on Plastic Pollution Control in the Postal Industry”, “Notice on Further Strengthening Plastic Pollution Control in the Business Sector”. Against this background, domestic “plastic restriction orders” and “waste bans” are gradually implemented. As the daily use of plastic products gradually declines, the demand for white cardboard, which is a packaging substitute for plastics, continues to rise, and the market has broad room for growth.
According to the “White Cardboard Industry Market In-depth Research and Investment Prospects Forecast Analysis Report 2023-2028” released by the Industrial Research Center, From the perspective of the downstream demand structure of white cardboard, medicines, cigarettes, beverages, catering services, playing cards, food packaging, clothing, dairy products, paper shopping bags, etc. are the main application areas of white cardboard. Among them, medicine is the largest application field of white cardboard, accounting for about 28.6% of the white cardboard market share; followed by cigarettes, accounting for about 11.3%; and third is food packaging, accounting for about 10.8%.
From the supply side, my country’s white cardboard production has been increasing year by year from 2016 to 2020. In 2021, due to the impact of the epidemic and restrictions on electricity consumption, the operating rate of white cardboard manufacturers has dropped and output has been significantly reduced. In 2022, as the epidemic is gradually relaxed and companies resume work and production, white cardboard production will gradually rebound.
From the demand side, with the rapid development of the national economy, the upgrading of residents’ consumption, the continuous expansion of the Internet shopping market, and the rapid development of the packaging industry, the demand for white cardboard in my country continues to rise. In addition, as the scale of my country’s pharmaceutical market continues to expand and the aging of the domestic population continues to accelerate, as the largest downstream application area of ​​white cardboard, the pharmaceutical industry is developing rapidly. Against this background, my country’s white cardboard industry has broad prospects for development.
Industry analysts said that at present, my country’s white cardboard market is highly concentrated, with the likes of Universal Sun, Bohui Paper, and Golden Paper Industry, Shunhao Holdings, Songyang Resources, Chenming Paper, Guanhao High-tech, etc. are the main manufacturers of white cardboard in my country. Among them, four manufacturers, Bohui Paper, Chenming Paper, Jinguang Paper and Wanguo Sun, account for about 87.3% of my country’s white cardboard market share.
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