Axisresearch
- Packaging
- IMARC GROUP
- 74 pages
- Published: 02-11-2019
Vietnam Recycled Plastic Market Overview:
The Vietnam recycled plastics market reached a volume of 182,600 Tons in 2018. Plastic is present around us in huge quantities and accounts for almost 90% of the global municipal waste. This waste gets accumulated on land that can be used for other purposes, and thus recycling plastic offers an effective solution for clearing these landfill spaces. Plastic recycling includes the reprocessing of post-consumer or post-industrial plastics instead of the virgin resin. Plastic is also recycled during the manufacture of plastic products such as polyethylene films and bags. A significant fraction of these plastics is further used in the manufacturing of several products such as footwear, bags, toys, fabrics, toothbrushes, etc.
Increasing prices of conventional plastics along with the growing concern for the environment represent the key factors driving the market for recycled plastics in Vietnam. Recycling plastics reduces the amount of energy and natural resources needed to create virgin plastic. Therefore, shifting focus towards sustainability is boosting the demand for recycled plastics across the globe. Moreover, increasing local demand and lower labour costs has expanded the market in the country. Owing to the aforementioned factors, the market is expected to reach a volume of 305,600 Tons by 2024, exhibiting a CAGR of 8.7% during 2019-2024.
Market Segmentation:
Breakup by Material:
Polyethylene Terephthalate (PET)
High Density Polyethylene (HDPE)
Polypropylene (PP)
Others
The report has segmented the market on the basis of material including Polyethylene Terephthalate (PET), High Density Polyethylene (HDPE), Polypropylene (PP) and others. Amongst these, Polyethylene Terephthalate (PET) represents the most popular type.
Breakup by Application:
Food Contact Packaging
Construction
Household Products
Others
On the basis of applications, non-food contact packaging represents the largest segment, followed by food contact packaging, construction, household products and others.
Breakup by Region:
Southern Vietnam
Northern Vietnam
Central Vietnam
Region-wise, Southern Vietnam is the largest market, followed by Northern Vietnam and Central Vietnam.
Competetive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Vinh Thanh Corporation, Trinh Nghi Joint Stock Company, Import and Export Joint Stock Company Suwon Vina, Quynh Quyen Hung Yen Trading and Production Company Limited, Trang Yen Plastic Trading Company Limited, Hung Phu Plastic Investment Company Limited, Tran Thanh Phat Company, Tin Thanh Plastic Production – Trading Co., Ltd, Hiep Phat Plastic Trading Manufacturing Co., Ltd., Thien Phuoc Production & Trading Co., Ltd.
This report provides a deep insight into the Vietnam recycled plastics market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Vietnam recycled plastics industry in any manner.
Key Questions Answered in This Report:
- How has the Vietnam recycled plastics market performed so far and how will it perform in the coming years?
- What are the major materials in the Vietnam recycled plastics market?
- What are the key application segments in the Vietnam recycled plastics market?
- What are the key regions in the Vietnam recycled plastics market?
- What are the various stages in the value chain of the Vietnam recycled plastics market?
- What are the key driving factors and challenges in the Vietnam recycled plastics market?
- What is the structure of the Vietnam recycled plastics market and who are the key players?
- What is the degree of competition in the Vietnam recycled plastics market?
- How are recycled plastics manufactured?
| 1. Preface 2. Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3. Executive Summary 4. Vietnam Recycled Plastics Market 4.1 Market Overview 4.2 Market Performance 4.3 Market Breakup by Material 4.4 Market Breakup by Application 4.5 Market Breakup by Region 4.6 Market Forecast 5. SWOT Analysis 5.1 Strengths 5.2 Weaknesses 5.3 Opportunities 5.4 Threats 6. Value Chain Analysis 7. Porters Five Forces Analysis 7.1 Overview 7.2 Bargaining Power of Buyers 7.3 Bargaining Power of Suppliers 7.4 Degree of Competition 7.5 Threat of New Entrants 7.6 Threat of Substitutes 8. Key Market Drivers and Success Factors 9. Market Breakup by Material 9.1 PET 9.1.1 Market Performance 9.1.2 Market Forecast 9.2 PP 9.2.1 Market Performance 9.2.2 Market Forecast 9.3 HDPE 9.3.1 Market Performance 9.3.2 Market Forecast 9.4 Others 9.4.1 Market Performance 9.4.2 Market Forecast 10. Market Breakup by Application 10.1 Non-Food Contact Packaging 10.1.1 Market Performance 10.1.2 Market Breakup by Material 10.1.3 Market Forecast 10.2 Food Contact Packaging 10.2.1 Market Performance 10.2.2 Market Breakup by Material 10.2.3 Market Forecast 10.3 Construction 10.3.1 Market Performance 10.3.2 Market Breakup by Material 10.3.3 Market Forecast 10.4 Household Products 10.4.1 Market Performance 10.4.2 Market Breakup by Material 10.4.3 Market Forecast 11. Market Breakup by Region 11.1 Southern Vietnam 11.1.1 Market Performance 11.1.2 Market Breakup by Material 11.1.3 Market Forecast 11.2 Northern Vietnam 11.2.1 Market Performance 11.2.2 Market Forecast 11.3 Central Vietnam 11.3.1 Market Performance 11.3.2 Market Forecast 12. Competitive Landscape 12.1 Market Structure 12.2 Key Players 12.3 Profiles of Key Players 12.3.1 Vinh Thanh Corporation 12.3.2 Trinh Nghi Joint Stock Company 12.3.3 Import and Export Joint Stock Company Suwon Vina 12.3.4 Quynh Quyen Hung Yen Trading and Production Company 12.3.5 Trang Yen Plastic Trading Company Limited 12.3.6 Hung Phu Plastic Investment Company Limited 12.3.7 Tran Thanh Phat Company 12.3.8 Tin Thanh Plastic Production – Trading Co., Ltd 12.3.9 Hiep Phat Plastic Trading Manufacturing Co., Ltd. 12.3.10 Thien Phuoc Production & Trading Co., Ltd |
Market Breakup by Material
- PET
- PP
- HDPE
- Others
Market Breakup by Application
- Non-Food Contact Packaging
- Food Contact Packaging
- Construction
- Household Products
Market Breakup by Region
- Southern Vietnam
- Northern Vietnam
- Central Vietnam