In-depth analysis of the market share and competition landscape of China's blister industry

As a major manufacturing country in the world, China's blister industry accounts for a large proportion of the total market share. According to the 2024-2030 China Blister Industry Development Trend and Investment Prospect Trend Report released by Boyan Consulting & Market Research Online, the market performance and competitive landscape of the blister industry are also evolving. This article will conduct an in-depth discussion on the market share, major competitors and market trends of China's blister industry.

1. Market share

According to the continuous expansion of the market scale of my country's blister industry, the output of blister products in China has exceeded 100 million tons in 2020, accounting for more than 40% of the global market share. The demand for blister products in the fields of food packaging, medical devices, electronic appliances, and automotive parts is the largest. Due to policy support and technological progress, domestic companies have continuously increased their market share by improving production efficiency and product quality. Head companies such as Procter & Gamble, BYD, Haier and other brands have occupied a high market share with their strong R&D capabilities and market channel advantages.

Although domestic companies dominate, foreign brands such as Mitsubishi in Japan and BASF in Germany still maintain a certain share in the high-end market with their technological accumulation and brand influence. This shows that although the overall market is occupied by local enterprises, international competition has not completely disappeared, but has promoted the technological upgrading and innovation of the industry.

2. Competition pattern

The competition pattern of China's blister industry presents the characteristics of "big but not strong". On the one hand, the industry concentration is high, and the market share of the top ten enterprises exceeds 50%, showing the market leading effect. On the other hand, there are many small and medium-sized enterprises, fierce competition, and price wars often occur, which to a certain extent limits the overall technological progress and profitability of the industry. Under this pattern, competition among enterprises is mainly concentrated on technological innovation, cost control and brand building.

In terms of technological innovation, some large enterprises such as Covestro and Hisense Kelon have invested a lot of resources in the research and development of new materials and new processes to improve the environmental performance and functionality of products, so as to stand out in the competition. In terms of cost control, small enterprises survive by optimizing production processes and reducing raw material costs, but in the long run, it will be difficult to achieve sustainable development without the support of core technologies.

3. Market trend

With the improvement of environmental awareness and policy guidance, green and environmentally friendly blister materials will become the mainstream of industry development. Biodegradable plastics, recyclable materials, etc. will become new growth points. Intelligent and automated production will also become an important direction for industry upgrading. By introducing advanced production equipment and management methods, production efficiency will be improved and energy consumption will be reduced.

With the application of new technologies such as 5G and the Internet of Things, customized and intelligent blister products will meet the personalized needs of more consumers and promote the industry to develop towards high-end and refined development. In the future, market competition will be more intense, and companies need to make comprehensive arrangements in terms of technological innovation, green environmental protection and customer service to meet market challenges and opportunities.

Although China's blister industry has a high market share, competitive pressure still exists. The industry needs to seek breakthroughs in technological innovation, environmental protection development and intelligent transformation to enhance its overall competitiveness. Changes in policy guidance and market demand will also further shape the development path of the industry. In the future, China's blister industry is expected to continue to maintain its leading position in the global market and contribute to the high-quality development of China's economy.