Market Share of China Paper Packaging Industry
The Chinese paper packaging market is highly fragmented, with the presence of major players like Nine Dragons Paper (Holdings) Limited, Dongguan Vision Paper Products Co. Ltd, Rengo Co. Ltd, SIG Combibloc Group, and Shanghai Custom Packaging Co. Ltd. Market players adopt strategies like partnerships and acquisitions to increase their product offerings and gain sustainable competitive advantage.
In October 2023, SIG announced the introduction of a new on-the-go carton bottle, SIG DomeMini, in China. According to SIG, the carton bottle has been developed to combine the ease of a plastic bottle with the sustainability advantages of a standard carton pack. SIG said that the carton bottle will be launched for the Chinese market first, with plans to roll it out to other countries in the future.
In June 2023, Rengo Co. Ltd announced that its consolidated subsidiary, Tri-Wall Limited, established a subsidiary in Suining City, Sichuan Province, China, through its wholly-owned subsidiary. The new subsidiary, Tri-Wall Bozheng Packaging Technology Co. Ltd, manufactures and sells heavy-duty and general corrugated boards and cases and has started the operation of its plant. Through the Tri-Wall Group, Rengo developed its global packaging materials business related to heavy-duty corrugated packaging.
China Paper Packaging Market Leaders
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Nine Dragons Paper (Holdings) Limited
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Dongguan Vision Paper Products Co. Ltd
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Rengo Co. Ltd
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SIG Combibloc Group
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Shanghai Custom Packaging Co., Ltd
*Disclaimer: Major Players sorted in no particular order
