According to Zhitong Finance, Cinda Securities recently released a research report pointing out that the capital expenditure cycle in the metal packaging industry has entered its final stage, and industry expansion will significantly slow down in 2024-2025. In the future, leading companies in the industry are expected to shift from a market share-driven approach to a profit-driven approach.
The report specifically mentioned that overseas markets have a better competitive landscape, higher pricing, and generally superior profit levels compared to the domestic market. Therefore, leading metal packaging companies have been accelerating their “going global” journey in recent years, aiming to optimize their profit structure by increasing the proportion of overseas business. For specialized foreign trade companies like Tianjin Xinwest, this is undoubtedly a positive signal, indicating that Chinese metal packaging companies, leveraging the advantages of a mature industry chain, have broad development prospects on the international stage.
