The substitution of Cross Linked Shrink Film membrane for PE film is vast and conforms to the direction of the company's future orientation of high end film. Before the market is expected to expand the difficulty, we think that based on the contrast effect of packaging machinery, the price and the demonstration effect of the three factors, will accelerate the development of the downstream.
The competition of Cross Linked Shrink Film is more and more fierce in China. The company has maintained a gross profit margin much higher than the industry average with its leading technology, and the market share has been in the lead. Ordinary membrane technology barrier is relatively low, there are many small and medium-sized production enterprises. In future Shrink Film Manufacturer will maintain the existing market and profit levels.
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