So far, the COVID-19 epidemic has caused huge losses to many countries and regions around the world. At the same time, due to the repeated epidemics, it has also had a huge impact on the economies of various regions. In the purchase of plastic water cups, the world, including developed regions such as Europe and the United States, has also undergone tremendous changes in the purchase and consumption of plastic water cups, which is mainly reflected in the following aspects.
The epidemic has directly caused the shutdown of many industries in many countries and regions, especially those focusing on transportation and tourism. At the same time, it has caused heavy losses to the catering industry. These industries will also indirectly cause sales in other industries to decline, resulting in the loss of production orders, and also This leads to an increase in the unemployment rate, which ultimately leads to a decrease in personal income and a decrease in market purchasing expectations.
Taking the first half of 2019 as an example, the purchase volume of plastic water cups in mainly developed regions around the world was far lower than that of stainless steel water cups. However, in the first half of 2021, the demand for plastic water cups has been much greater than that of stainless steel water cups. This shows that as income decreases, production costs also decrease.
The epidemic has caused a reduction in production efficiency and production capacity, which directly caused an increase in raw material costs. Taking the first half of 2019 as an example, Europe, the United States and some other developed regions mainly used tritan when purchasing plastic water cups. However, in the first half of 2021, although Purchase orders for plastic water cups have increased sharply, but the materials with the highest proportion are AS/PC/PET/PS, etc., while tritan materials have continued to decline, mainly because the cost of tritan materials has risen too fast.
Post time: Apr-11-2024