1. Increasingly higher environmental-protection standards raised by the government
To further improve environment sustainability, China has introduced strict policies on VOCs emission. Flexible packaging factory has been imposed stricter requests.
2. New challenges along with Plastic Restrictions and Plastic Ban policies
Recyclable and degradable materials have been the development directions for flexible packaging industry since China’s National Development and Reform Commission (NDRC) and Ministry of Ecology and Environment introduced new plastic ban on Jan. 16, 2020.
3. Narrow profit for flexible packaging manufacturers
Compared to the upstream raw material suppliers and downstream clients which are in the fast speed of transformation, there’s narrow profit for flexible packaging manufacturers.
4. Increased labor cost
Since the introduction of new Chinese social insurance policy, the labor cost has raised grown fourfold when compared to that of 2010. Increase efficiency by downsizing staff is top priority.