The market size of China's packaging machinery industry is growing rapidly. From 2015 to 2020, the market size of China's packaging machinery industry has grown from 112.52 billion to 167.73 billion in 2019, with a growth rate of 49.5% and a rate of return of 5.1%.

The future development prospect of China's packaging machinery industry is very clear. First of all, with the improvement of infrastructure, the rising demand for consumer goods, and the promotion of government policies, the demand for China's packaging machinery industry will continue to grow, and the industry's development space will be further expanded.

In addition, China's packaging machinery industry continues to be supported by government policies. The government has adopted a series of policy measures, such as implementing technological transformation plans, promoting technological innovation, broadening the development space of the industry, accelerating the pace of industry development, and further promoting the growth of the market size of China's packaging machinery industry.

In addition, China's packaging machinery industry will continue to promote technological innovation, improve product quality, and extend product life. In the future, China's packaging machinery industry will develop in the direction of intelligence, environmental protection and energy saving, and achieve more efficient production and higher quality products.

According to the analysis of the 2023-2029 China's packaging machinery industry market competition strategy and investment strategic planning report published online by market research, with the support of government policies, the promotion of technological innovation and the rising demand for consumer goods, the market size of China's packaging machinery industry will continue to grow , It is estimated that in the next five years, the market size of China's packaging machinery industry will reach 233.86 billion.

Strengthen the exploration of new technologies, tap the potential of new technologies, actively introduce foreign advanced technologies, continuously improve the scientific content of packaging machinery, and realize automation and intelligent technological innovation. In addition, strengthen the collection and summary of market information, from the perspective of the market, according to the needs of the market, provide guidance for the technological innovation of enterprises, and improve the comprehensive competitiveness of enterprises.

In addition, to promote the development of the packaging machinery industry, the training of scientific and technological personnel should be strengthened, the innovation ability of technical personnel should be continuously improved, the research and development level of enterprises should be improved, and technological innovation should be implemented.