We have seen that after more than 30 years of reform and opening up, many industries in China are facing nodes of restructuring and mergers. Evergrande has become a big player. Many small and medium-sized enterprises have lost their living space in the industry restructuring. It can be said that this is the inevitable law of market development. However, let's take a look at the plastic bottle processing industry, where the well-known plastic bottle manufacturers are lagging behind. The number of small plastic bottle manufacturers accounts for an absolute majority, and some even one or two people's home workshops. In fact, the status quo of such industries on the one hand lacks support for the entire plastic bottle production and processing product innovation. The small manufacturers are concerned about the immediate existence, and have no time for plastic bottle product packaging innovation. On the other hand, it is very confusing because of the large number of manufacturers and the difficulty in management. Some counterfeit plastic bottles are packaged by the manufacturers of these small plastic bottles.
However, we believe that the merger and reorganization of plastic bottles will not come, but rather come later.
With the downstream, food, medicine, cosmetics and other plastic bottle packaging related to various industries to scale. These large-scale manufacturers are more willing to cooperate with large-scale suppliers of supply-orientated plastic bottles in the selection of packaging suppliers. This will shut down the reorganization of plastic bottles. For small and medium-sized plastic bottle manufacturers, what they can do before the storm hits is to take a long view and prepare themselves for the challenge.
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