At the end of 2019, we exported a batch of machines to Vietnam, perfectly celebrating the ending of the year and further growth and expansion of our Southeast Asian market.

According to Kearney's forecast, the market size of China's packaging industry will exceed $ 190 billion in 2020, accounting for about 55% of the Asia-Pacific market, and will continue to grow at a rate of about 5%, which is higher than the global market's overall growth of about 4%. expected.

Among them, paper and plastic packaging accounted for about 37% respectively.

As the traditional pillar of the packaging industry, the most common styles of paper packaging are corrugated cardboard, cardboard and kraft paper.

Among them, corrugated cardboard as a raw material has been widely used in the logistics turnover process because of its advantages of low price, good quality and flexibility.

The market has a large demand for corrugated cardboard boxes, and the regional migration of the raw material market is also promoting the overall leap in the industrial chain. More and more domestic packaging companies choose to follow up and accelerate and increase their investment in the Southeast Asian market Which increased our confidence in the development of the Southeast Asian market.

In the next 2020, we hope that we will not forget our original intention and continue to work hard to achieve greater success.