TOP 10 COMPANIES IN VIETNAM CARTONBOARD PAPER MARKET
Added: (Fri Dec 08 2023)
Pressbox (Press Release) -
The Vietnam Cartonboard Paper Market is poised for substantial growth, projected to achieve a valuation of USD 637.5 million by 2030, with an impressive Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period from 2023 to 2030. Meticulous Research® attributes this growth to the rising demand for sustainable and eco-friendly packaging solutions, coupled with the increasing need for consumer goods and the booming e-commerce sector in Vietnam.
Growth Drivers and Challenges
The Vietnam cartonboard paper market faces challenges from unstable raw material prices; however, the emergence of innovative, sustainable, and customizable packaging solutions is expected to provide lucrative growth opportunities for market players. On the flip side, the declining use of printed packaging materials poses a significant challenge for market growth, while the increasing demand for smart packaging stands out as a prominent trend in the market.
Top 10 Companies in the Vietnam Cartonboard Paper Market: https://meticulousblog.org/top-10-companies-in-vietnam-cartonboard-paper-market/
Kraft of Asia Paperboard & Packaging Co., Ltd.
Established in 2018, Kraft of Asia Paperboard & Packaging Co., Ltd (KOA) is a containerboard manufacturing company with a 400,000 ton/year production capacity. A wholly owned subsidiary of Marubeni Corporation (Japan), KOA produces high-quality carton surfaces, including eL, eS, eP, and eM, catering to various quality standards.
Vina Kraft Paper Co., Ltd.
Located in Binh Duong Province, Vina Kraft Paper Co., Ltd. is one of Vietnam's largest packaging paper plants, with a manufacturing capacity of 500,000 tons per year. A joint venture between Siam Kraft Industry Company Limited of SCGP and Rengo Company Limited of Japan, Vina Kraft Paper takes a comprehensive approach to manufacturing, starting from sourcing raw materials to delivering paper packaging for various industries.
SONG LAM Trading & Packaging Production CO., Ltd.
Founded in 2003, SONG LAM Trading & Packaging Production CO., Ltd. is a full-service folding carton packaging provider, supplying folding cartons primarily to the pharmaceutical and food industries. With a fully integrated production plant in Hanoi, the company utilizes state-of-the-art technology and employs 300 people.
Vietnam Paper Corporation
Established in 1976, Vietnam Paper Corporation engages in afforestation, wood processing, paper, and pulp production. The company has a production capacity of 75,000 tons of bleached pulp/year and 120,000 tons of printing and writing paper/year. Vietnam Paper Corporation leverages modern technology for efficient pulp and paper processing.
Thuan An Paper Service Trading Joint Stock Company
Founded in 1995, Thuan An Paper Service Trading Joint Stock Company is a leading industrial paper manufacturer with two factories in Binh Duong and Binh Phuoc provinces. The company produces Kraftop Liner paper, Test paper-liner, and Medium from 100gsm to 250gsm, catering to a wide range of end-users in Southeast Asia and Western Europe.
Saigon Paper Corporation
Established in 1997, Saigon Paper Corporation is a prominent brand in the Vietnamese paper industry. The company produces high-quality packaging paper entirely from 100% recycled materials. Saigon Paper offers extensive tissue paper products, including facial tissue, toilet paper, napkins, and towel tissue, meeting quality standards for both domestic and international markets.
Xuan Mai Paper Co., Ltd.
Founded in 2004, Xuan Mai Paper Co., Ltd specializes in high-quality packaging paper products and carton and consumer paper. The company supplies medium carton and test liner paper to schools, hospitals, and major organizations across Southeast Asia and Western Europe. Xuan Mai Paper has invested significantly in wastewater treatment technology.
Dong Tien Packaging and Paper Co., Ltd
Established in 1994, Dong Tien Packaging and Paper Co., Ltd is a pioneering enterprise in the recycling paper industry in Vietnam. The company offers a diverse range of products, including packaging paper, tissues, and consumer paper, adhering to stringent quality standards.
MY HUONG PAPER MANUFACTURING
Founded in 2008, MY HUONG PAPER MANUFACTURING specializes in manufacturing duplex paper. The company aims to become Vietnam's leading duplex paper manufacturing company by 2025, with a strategic location in Hai Phong, Vietnam.
Miza Nghi Son Co. LTD
Established in 2018, Miza Nghi Son Co. LTD is a leading manufacturer of packaging paper, emphasizing recycling paper to produce high-quality materials for domestic and international packaging paper factories. The company's product portfolio includes medium, testliner, and duplex paper.Key Findings and Future Outlook
Meticulous Research®'s latest publication on the Vietnam Cartonboard Paper Market predicts a growth rate of 10.6% during the forecast period of 2023-2030. The comprehensive report provides detailed analysis on each company, covering recent financial performance, key products, significant company strategies, partnerships, acquisitions, and more.
For a deeper understanding of the market landscape, the report delivers global market size estimates, market share analysis, revenue numbers, and comprehensive coverage of key issues and trends. Stakeholders seeking in-depth insights into the Vietnam Cartonboard Paper Market are encouraged to explore Meticulous Research®’s Opportunity Analysis and Industry Forecast (2023-2030) report.
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