Japanese media said the global demand for cartons has surged. Due to the rapid expansion of online shopping, the number of cartons for packaging and distribution has increased. It is estimated that the demand for cardboard as raw material will increase by about 20% in 2022 than in 2016. In order to attract the growth market, in order to attract the growth market, not only the Japanese enterprises such as Prince holding, but also the big brand paper enterprises of the United States and China have also begun to increase production in order to attract the growth of the market.

"Japanese economic news" 23 May issue of "carton into “ big increase production ” the times" reported that Prince holdings will be in Malaysia, Vietnam and other Southeast Asian countries and India expansion or additional factories, and plans to increase the production of cardboard after 5 years by about 20%. In the future, the investment will be 11 billion yen (1 yuan RMB 17.2 yen), and the production and sales volume will reach 4 billion 800 million square meters in the fiscal year 2023, which is converted into a weight of about 3 million tons. &ldquo, head of overseas operations of the company, also considers expanding &rdquo to Indonesia and Philippines.

Reported that the background of the increase in production is a change in demand structure. Mizuho bank industry survey department believes that by 2022, the global demand for cardboard as carton raw materials will reach 2.7534 billion tons, an increase of 17% over 2016.

The report said that by 2022, the global demand for sanitary paper, such as toilet paper and toilet paper, would increase by 6% to 57 million 500 thousand tons than in 2016, mainly because of the increase in population in emerging countries. But the demand for printing and newspaper paper will drop sharply. Due to the popularity of electronic media brought by digitalization, it is estimated that the global demand for printing and newspaper paper is 1.0569 billion tons, down 14% from 2016.

The report said that in the case of structural changes in the industry becoming more and more obvious, economic growth has increased the flow of commodities, and demand for cartons has also increased. So all paper companies are starting to increase production.

According to the report, China is the biggest demand for cartons. Its demand in 2022 will be 22% more than that in 2016, reaching 72 million tons, accounting for 1/4 of global demand. The reason for the expansion of demand is online shopping.

According to the report, China's online shopping market is expanding at an annual rate of 10%. The &ldquo (199.2, 1.83, 0.93%) group of China's largest e-commerce (199.2, 1.83, 0.93%) group in November; double eleven ” activity, increasing the demand for cartons, more than 30 billion express cartons per year. After the growth of China's apple (188.58, 0.43, 0.23%) smartphones &ldquo, iphone&rdquo, the production of products packaging boxes also increased.

Reported in addition, in emerging countries, the TV, air-conditioning and other household appliances, food, beverages, general merchandise from the factory to the retail store used cartons also increased sharply. In Vietnam and Thailand, not only foreign-funded enterprises, but also local businesses are expanding their businesses. Prince holding company said that not only for the domestic market, the export demand for neighboring countries is also very strong.

The report points out that foreign companies are also acting quickly. The world's number one American International Paper Industry (54.13, -0.47, -0.86%) has reduced printing paper production by half and doubled its carton production capacity to 15 million tons.

China's nine dragons Paper Co, the world's second largest producer, has also stepped up production and investment to meet local demand growth, the report said. The company plans to increase production capacity by 20% to more than 17 million tons by June 2019.

It is reported that the global competition in the growth market is likely to become increasingly fierce.