WTO's impact on the packaging machinery industry
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Experts predict that with foreign companies entering the Chinese market, some uncompetitive packaging machinery companies in China will be acquired, merged or bankrupted by foreign companies. Some packaging products will be monopolized by several large companies, and the monopoly scope will gradually expand from cigarette and beverage packaging machinery products to other packaging machinery products.
The ultimate goal of packaging machinery is to increase productivity and product diversification. This has led to the development of packaging machinery product specifications in the direction of polarization, namely multi-function and single high speed. Some large companies, such as Coca-Cola and Pepsi-Cola, are constantly being sold around the world, demanding high efficiency when packaging products, emphasizing speed and quality, while replacing packaging structures is secondary.
With China's accession to the WTO, such products and enterprises will be more and more in China. The versatility is developed to adapt to the changing market demand. For example, the candy has a pillow type, a joint type, etc. The packaging requirements of these products can be completed on a set of packaging equipment, and only need to be controlled or operated locally. A little change can be used to complete the packaging of different structural forms.
A variety of new packaging materials and technologies will continue to be used in the field of packaging machinery. At the same time, due to the protection of "tariff barriers" in the past, many packaging machinery manufacturers in China mainly face domestic competitors. The main method of competition is to fight on price wars or make sales articles.
After joining the WTO, all packaging machinery powers will appear on the packaging market in China. Domestic enterprises that have lost their tariff protection will directly face foreign competitors, and market competition will become more and more intense.