The cosmetics plastic bottle industry has a bright future. At present, China's cosmetic plastic packaging industry currently has a market scale of 8.2 billion yuan, and it is rapidly expanding at a rate of 18%. With the upgrading of consumption, the cosmetic plastic packaging industry is in a significant growth period. The cosmetic plastic packaging industry has the basic characteristics of a smile curve: Industry profits are concentrated on both ends of R&D and sales.
Leading international packaging companies take advantage of the strategies involved in cosmetics research and development to gain R&D advantages, while domestic leading companies such as Tongji Lixing also tend to be companies that provide integrated solutions for cosmetic packaging products by improving their R&D levels and services. The ability and other means to obtain a competitive advantage have led to an ever-increasing gap between them and low-end packaging companies, which has raised barriers to entry in the high-end areas.
With a good management mechanism, R&D strength, new product development capabilities, and a reasonable production layout, Tongji Lixing is in the top position among domestic companies in terms of sales scale, profitability, and R&D strength. With reference to the valuation levels of the international and domestic plastic packaging industry, the company's reasonable valuation is 8.69--10.26 yuan.
Reprinted Source: China Packaging Bottle Net
Commercial Gazebo,Commercial Gazebo Tent,Outdoor Folding Gazebo Canopy,Folding Gazebo Outdoor
SHANDONG CAIFENG INTERNATIONAL TRADING Co., Ltd. , https://www.zihcaifeng.com