Hainan Plastic Industry Co., Ltd.: summary and suggestions

Date of issue: 2024-01-22 Author: Click:

1. Market prospect

Plastic pipe is a developing industry in general and will grow at a rate far higher than GDP in the future. At present, it is still dominated by middle and low-end products, and is in the transition period to middle and high-end products. The scale of the industry will reach more than 100 billion this year and next year. The market competition is fierce, and there is a big gap between the survival conditions of manufacturers in the industry. They are in a relatively strong market both upstream and downstream. The No. 1 position has been held by China Liansu, accounting for about 10% of the market share. And the growth rate of the first few manufacturers is far higher than that of the industry, indicating that the market is concentrating, but at the same time, the imbalance of development between regions will gradually ease.

2. Development and suggestions

Judging from the trend of the world plastic market, the high price of raw materials will last for some time. However, due to the consumption characteristics of plastic pipes, the price increase space is relatively small, and the expectation of falling raw material prices is a drop in the bucket to solve the operating pressure, which cannot fundamentally shake off the passive business situation. Therefore, the marketing strategy must be adjusted.