Group 1 - The plastic flexible packaging industry is evolving with a trend towards single-material and functional materials, driven by technological advancements and environmental concerns [1][4][5] - The market share of composite films in China's plastic flexible packaging is relatively high at 27.8%, while BOPP films, plastic shopping bags, and BOPET films account for 20%, 12.1%, and 11.8% respectively [2] - The Chinese Plastic Processing Industry Association has identified functional BOPP films and eco-friendly BOPE films as key development directions during the 14th Five-Year Plan [2][4] Group 2 - The market size of China's plastic flexible packaging industry reached 121.34 billion yuan in 2023, with expectations to grow to 161.37 billion yuan by 2027 due to urbanization and rising consumer demand [5] - The industry is characterized by low market entry barriers and high competition, with a CR5 of only 8.7% in 2023, indicating a fragmented market [9] - Stricter environmental policies and upgraded downstream demand are expected to accelerate the elimination of outdated production capacity, leading to increased market concentration [9]