8 reasons that you should choose Vietnam Packing as a strategic plastic bags manufacturer
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As you know, The E-Commerce Packaging market is expected to register a CAGR of 14.59. The global plastic packaging market size is expected to reach USD 486.2 billion by 2028, according to a new report by Grand View Research, Inc., registering a CAGR of 4.2% over the forecast period. Let’s be with Vietnam Packing learning about this hot trend right now.
How many Plastic Bags Manufacturers in all over the world?
According to the latest statistics, There are more than 50000 plastic packaging bags suppliers in the world. of which China accounts for more than 50%, followed by India, some Southeast Asian countries, the Middle East, etc. And this number is constantly growing 4-6% per year.
Plastic Packing Supplies 2020 (Source: Alibaba)
In Vietnam, Plastic Bags Manufacturers also participated in this hot race very early. Well-known brands include HanoiPlasticbags, Anphatplastic, Vietnam Packing,….
See more: 17 year of Vietnam Packing's Development
How can you choose right plastic bags supplier for you when we have so many choices?
In the face of the global covid pandemic, the trend of shifting supply chains is happening quickly. Companies, supermarket chains, etc. are expanding new plastic bag suppliers in countries with stable political and economic situations like Vietnam.
The keyword “Vietnam plastic bag manufacturer” is becoming a hot trend in Google search.
Keyword Search Volume 2018 - 2021, June (Source: Google Keyword Tool)
Overview of Vietnam Plastic Industry
Number | Index | Details |
1 | Number of companies in Plastic Industry | Over 3000 (2020) |
2 | Number of labours in Plastic Industry | Over 3 million labours (2020) |
3 | Export turnover 2020 | ~ 12.6 billion USD |
4 | Import turnover 2020 | ~ 11,1 billion USD |
5 | Main export markets | Japan, China, United States of America, US, Canada,… |
6 | Main import markets | Saudi Arabia, Korea, Taiwan |
7 | Main export products | Plastic bags, Plastic packing, packing products, Plastic sheets, pellets; household Plastic products; pipes and fitting; others Plastic products… |
At present, the entire plastic industry of Viet Nam consists of more than 3000 enterprises, spread over from the North to the South and most of them are located in Ho Chi Minh city (over 84% enterprises are located in Ho Chi Minh city). They are operating under all kinds of capital-owned forms of which private enterprises are accounting for more than 99,8%.
SYSTEM OF PLASTICS ENTERPRISES IN VIETNAM
(By Geographical distribution & by Industry)
(Source:Vietnam Plastics Association)
According to the statistics of Vietnam Customs, in the first 5 months of 2020, the US remained the largest import market of Vietnam's plastic products, reaching $ 341 million, up 45.9% over the same period in 2019 and accounting for the proportion of 25.2% of total exports of plastic products.
Although affected by the Covid-19 epidemic, Vietnam's export of plastic products to this market still increased sharply in many items, estimated that in the second 6 months of 2020, the export turnover of this product increased by 25% compared to with the same period in 2019, reaching 362 million USD.
Export turnover of plastic products to the US market in 2019-2020 (Unit: Million USD)
Types of plastic products exported in the first 4 months of 2020 to the US market including household plastic products reached $ 71.3 million, up 38.6%; plastic bags reached 50.4 million USD, up by 44%; canvas reached 29.2 million USD, up 21.7%; pouring in construction and construction gained 23.2 million USD, up 524.6%; plastic plates, plates and films reached 22.9 million USD, up 66.9%; and products used in transportation and packaging reached $ 19.1 million, up 50.3% over the same period in 2019.
According to ITC, in addition to the three major markets that provide general household plastic goods (HS3924) to the US market in the first three months of 2020, namely China, Mexico, and Taiwan, Vietnam is the fourth-largest market with plastic products reached $ 32.1 million, up 79.3% compared to the first quarter of 2019, accounting for 2.4% of the total import value of the US market, an increase of 1.3 % compared to the same period in 2019.
Why is Vietnam Packing the Vietnam’s Leading Plastic Bags Manufacturer?
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See more: Vietnam Packing's Factories System
As a pioneer in the field of providing all kinds of plastic packing such as plastic bags made from HDPE, LDPE, LLDPE, MDPE: Garbage Bags, Poly Plastic Bags, All types of Plastic Bags On Roll, Wicket Bags, Ice bag, Stretch Films, etcs...Vietnam packing is proud to be a strategic partner of many huge customers in the world for 8 reasons as follows:
- Established in 2004, we have 17 years experience in Plastic Bags Industry.
- Owning a factory system with 5 main factories: 3 Plastic Bags Factories, 1 Reusable Bags Factory, 1 Paper Cups Factory
- Total Capacity: 5000 ton per month
- Having autonomous source of input materials so we can provide competitive price
- Having a professional management system in the production and operation of all orders that bring our customers peace of mind for every aspect of the order.
- With diverse products system, We are confident to meet market demands
- Excellent after-sale service
- Community Responsibility
Vietnam Packing - Plastic Bags Products
Good price support during the covid pandemic. Feel Free to contact us for best support.
Email info@vietnampacking.com.vn or hotline (Mobile/ WhatsApp) +84-384-045-213.
