Corrugated paper production in January-May increased by 5.86% year-on-year

September 08, 2021

Introduction: Corrugated boxes have been in an oversupply situation in 2013-2014, but the year-on-year growth in supply and demand in 2014 has rebounded. In the first five months of 2015, the output increased by 5.86% year-on-year, and the growth rate declined.

Corrugated paper production and demand growth rate decline, still oversupply corrugated boxes in 2013-2014 oversupply situation, but the supply and demand growth rate in 2014 has bottomed out. Corrugated paper is widely used and closely related to the macroeconomic environment. Due to the slowdown in economic growth, supply and demand for this type of paper products have continued to be unbalanced since 2013-2014, with excess production of 20,000 tons/year and 30,000 tons/year respectively. From the perspective of year-on-year growth rate, the year-on-year growth rate of supply and demand of corrugated paper continued to slow down in 2008-2013, and there was a negative growth in 2013. However, in 2014, the growth rate of supply and demand rebounded to around 7%. In the first five months of 2015, the output increased by 5.86% year-on-year, and the growth rate declined.

In terms of demand structure, corrugated boxes include middle and low grades. The former includes food, beverages, and daily chemicals. Currently, demand accounts for 60%+, and the degree of homogenization is high. Products are mainly concentrated in the consumer electronics industry, with demand accounting for about 20%. - 30%, high requirements for design. With the upgrading of domestic consumption levels, products still have a large room for improvement in the future.

The cardboard paper market is steadily developed by the home appliance industry. The boxboard is widely used in the fields of department stores, home appliances, machine parts, etc. Since 2014, the home appliance industry has developed steadily, which has driven the growth of supply and demand. In 2014, domestic air-conditioner production increased by 11.5% year-on-year, color TV production increased by 6.2% year-on-year, and household refrigerators and washing machines decreased by 1% and 3.3% respectively year-on-year. The overall output of major household appliances still maintained a relatively high growth rate. Since 2015, the real estate policy environment has continued to be loose, which has benefited the home appliance industry and promoted the continuous improvement of the container paper market. The total output in the first five months of 2015 was 4.15 million tons, an increase of 15.70% year-on-year, and the growth rate continued to increase.

From January to May 2015, the real estate market showed a recovery trend. The real estate policy environment continued to be loose and favorable for the home appliance industry. The output of cardboardboard in January-May was 4.15 million tons, a cumulative increase of 15.70% year-on-year.

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