Packaging Industry Among Vietnam’s Fastest-Growing Sectors
The packaging industry in Vietnam is projected to experience an average annual growth rate of 15–20% in the coming years, positioning it among the fastest-growing sectors in the country. This information was shared by experts during the introduction of the 17th International Processing and Packaging Exhibition and Conference for Vietnam (ProPak Vietnam 2024) held in Ho Chi Minh City on February 29, 2024.
Vietnam hosts over 900 packaging enterprises, with approximately 70% located in the southern regions, primarily in Ho Chi Minh City, Bình Dương, and Đồng Nai provinces
Currently, Vietnam hosts over 900 packaging enterprises, with approximately 70% located in the southern regions, primarily in Ho Chi Minh City, Bình Dương, and Đồng Nai provinces. The demand for carton packaging is increasing, driven by the growth of e-commerce. It is anticipated that more than half of Vietnam’s 96 million population will engage in online shopping by 2025. In the digital age, packaging serves as a crucial touchpoint for interaction between brands and consumers. The rapid expansion of the retail market, cosmetics industry, and electronics exports further contributes to the rising demand for carton packaging.
The paper packaging market in Vietnam is estimated to reach USD 2.6 billion in 2024 and USD 4.14 billion by 2029.
According to a report by Mordor Intelligence Inc., the paper packaging market in Vietnam is estimated to reach USD 2.6 billion in 2024 and USD 4.14 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.73% during the 2024–2029 period. Additionally, the metal packaging market is projected to grow from USD 2.11 billion in 2024 to USD 2.45 billion in 2029, with a CAGR of 3.07%.
Jeffrey Au, Director of Informa Markets Asia—the organizer of ProPak Vietnam 2024—highlighted that the Vietnamese government’s “Race to Net Zero” campaign has emphasized the importance of the circular economy and sustainability in packaging design. Recyclable packaging has become increasingly significant in the food and beverage sector, as Vietnamese consumers are more health-conscious and willing to invest in products that meet high-quality and safety standards. In response, the food and beverage industry is focusing on developing automated processes to standardize product quality, enhance production efficiency, and ensure sustainability.
ProPak Vietnam 2024, scheduled from April 3–5, 2024, in Ho Chi Minh City
ProPak Vietnam 2024, scheduled from April 3–5, 2024, in Ho Chi Minh City, will feature over 450 exhibitors from more than 30 countries. The exhibition will showcase advancements in processing and packaging technologies across various sectors, including food, beverages, pharmaceuticals, printing, labeling, cold chain logistics, and more. This event serves as a platform for industry professionals to explore innovative solutions and foster collaboration within the packaging industry.
Operating under the motto of “Pioneering Quality,” Hoang Vuong consistently aims for sustainable and environmentally friendly packaging solutions. We proudly hold the following certifications: FSC Certification, GMI Certification, G7 Certification, ISO 9001:2015
With over 15 years of experience in the paper packaging industry and a solid brand reputation, Hoang Vuong is a leading private paper packaging enterprise in Vietnam, partnering with numerous major brands locally and internationally. We accompany your company on the journey of innovation, seeking differentiation through continuous improvement. Your success is both an achievement and motivation for us to continue innovating and maintaining professionalism.
- Address: 10/6C Street 10, Binh Hung Hoa A Ward, Binh Tan District, Ho Chi Minh City
- Mobile: 0908.863.965 (Mr. Le Hong Son)
- Phone: 028.62696129 – 028.22481926
- FAX: 08.62696032
- E-mail: havupackage@gmail.com
- Website: www.baobigiay.vn – www.hopcungcaocap.vn