In the global economic downturn, 2009 will undoubtedly be a cold winter for China's food and beverage plastic packaging industry, but the cold-proof capability of the PET bottle industry is expected to be stronger than other plastic packaging industries. This is mainly due to the rapid growth of the Chinese beverage market, especially the juice and tea beverage market in recent years. PET bottles, the most mainstream material for beverage packaging, will also benefit from this. In addition, with the development of technology and the increasing acceptance of customers, the market for PET beer bottles and liquor bottles will also develop rapidly.
In addition, the concentration of the Chinese PET bottle industry is relatively high. The top three companies account for about 80% of the market share, and they hold advanced production technologies and strong financial strength in the industry. In addition, their customers are mostly Large global companies such as Coca-Cola and Pepsi. Therefore, the economic crisis has a relatively small impact on the entire PET bottle industry.
In addition, the concentration of the Chinese PET bottle industry is relatively high. The top three companies account for about 80% of the market share, and they hold advanced production technologies and strong financial strength in the industry. In addition, their customers are mostly Large global companies such as Coca-Cola and Pepsi. Therefore, the economic crisis has a relatively small impact on the entire PET bottle industry.
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