Vietnam Paper Packaging Market Report and Forecast 2025-2034
Description
The Vietnam paper packaging market reached approximately USD 2.57 Billion in 2024. The market is projected to grow at a CAGR of 3.40% between 2025 and 2034, reaching a value of around USD 3.59 Billion by 2034.
Vietnam Paper Packaging Market Growth
The shift towards sustainable packaging is driven by increasing awareness of environmental issues and a desire to reduce plastic waste. Paper packaging is not only eco-friendly but also provides a natural and rustic aesthetic that appeals to many consumers. Additionally, advancements in technology have led to the development of paper packaging solutions that offer the same level of protection and durability as traditional plastic packaging. As a result, companies are increasingly incorporating paper packaging into their product offerings to meet the growing demand for sustainable options.
The rise in popularity of online shopping is driving the need for paper packaging. The Vietnamese government projects that over half of the 100.3 million Vietnamese citizens will engage in online shopping by 2025. Additionally, in 2022, it was reported that the combined revenue of the top 4 e-commerce platforms and TikTok Shop reached 141,000 billion VND, consequently driving the market expansion.
Sustainable packaging, including paper packaging, plays a crucial role in enhancing brand reputation and gaining customer support by showcasing a company's dedication to environmental protection and sustainable development. As a result, an increasing number of businesses are adopting ESG (Environment - Society - Governance) policies. A survey by Vietnam Report revealed that 33.8% of packaging manufacturing businesses have already started implementing their ESG commitments, 43.8% are in the planning phase, and the remaining 22.4% either lack a specific plan or have not established an ESG commitment.
Vietnam Paper Packaging Industry Segmentation
“Vietnam Paper Packaging Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product:
Folding Cartons
Corrugated Boxes
Others
Market Breakup by Material:
Corrugated Board
Kraft Paper
Moulded Pulp
Speciality Paper
Others
Market Breakup by End Use:
Food and Beverage
Healthcare
Personal Care
Household Care
Electrical Products
Others
Market Breakup by Region:
Southeast
Red River Delta
Mekong River Delta
South Central Coast
Others
Vietnam Paper Packaging Market Share
Based on the material, the market is divided into corrugated board, kraft paper, moulded pulp, and speciality paper, among others. Moulded paper is projected to grow at a CAGR of 4.2% during 2025 and 2034 as it is an eco-friendly alternative to traditional packaging solutions like foam and plastics.
Leading Companies in the Vietnam Paper Packaging Market
Major market players are investing heavily in smart and cutting-edge production techniques to gain a competitive edge in the market.
Tetra Laval Group
Huhtamäki Oyj
SONG LAM Trading & Packaging Production CO., Ltd.
DONGWON System (Tan Tien Packaging)
Rengo Co., Ltd.
Khang Thanh Manufacturing CO., LTD.
BINH MINH P.A.T CO., LTD.
HC Packaging
Starprint Vietnam JSC
Hanhpackaging Co, Ltd.
Others
Vietnam Paper Packaging Market Growth
The shift towards sustainable packaging is driven by increasing awareness of environmental issues and a desire to reduce plastic waste. Paper packaging is not only eco-friendly but also provides a natural and rustic aesthetic that appeals to many consumers. Additionally, advancements in technology have led to the development of paper packaging solutions that offer the same level of protection and durability as traditional plastic packaging. As a result, companies are increasingly incorporating paper packaging into their product offerings to meet the growing demand for sustainable options.
The rise in popularity of online shopping is driving the need for paper packaging. The Vietnamese government projects that over half of the 100.3 million Vietnamese citizens will engage in online shopping by 2025. Additionally, in 2022, it was reported that the combined revenue of the top 4 e-commerce platforms and TikTok Shop reached 141,000 billion VND, consequently driving the market expansion.
Sustainable packaging, including paper packaging, plays a crucial role in enhancing brand reputation and gaining customer support by showcasing a company's dedication to environmental protection and sustainable development. As a result, an increasing number of businesses are adopting ESG (Environment - Society - Governance) policies. A survey by Vietnam Report revealed that 33.8% of packaging manufacturing businesses have already started implementing their ESG commitments, 43.8% are in the planning phase, and the remaining 22.4% either lack a specific plan or have not established an ESG commitment.
Vietnam Paper Packaging Industry Segmentation
“Vietnam Paper Packaging Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product:
Folding Cartons
Corrugated Boxes
Others
Market Breakup by Material:
Corrugated Board
Kraft Paper
Moulded Pulp
Speciality Paper
Others
Market Breakup by End Use:
Food and Beverage
Healthcare
Personal Care
Household Care
Electrical Products
Others
Market Breakup by Region:
Southeast
Red River Delta
Mekong River Delta
South Central Coast
Others
Vietnam Paper Packaging Market Share
Based on the material, the market is divided into corrugated board, kraft paper, moulded pulp, and speciality paper, among others. Moulded paper is projected to grow at a CAGR of 4.2% during 2025 and 2034 as it is an eco-friendly alternative to traditional packaging solutions like foam and plastics.
Leading Companies in the Vietnam Paper Packaging Market
Major market players are investing heavily in smart and cutting-edge production techniques to gain a competitive edge in the market.
Tetra Laval Group
Huhtamäki Oyj
SONG LAM Trading & Packaging Production CO., Ltd.
DONGWON System (Tan Tien Packaging)
Rengo Co., Ltd.
Khang Thanh Manufacturing CO., LTD.
BINH MINH P.A.T CO., LTD.
HC Packaging
Starprint Vietnam JSC
Hanhpackaging Co, Ltd.
Others
Table of Contents
142 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Asia Pacific Paper Packaging Market Overview
- 5.1 Key Industry Highlights
- 5.2 Asia Pacific Paper Packaging Historical Market (2018-2024)
- 5.3 Asia Pacific Paper Packaging Market Forecast (2025-2034)
- 6 Vietnam Paper Packaging Market Overview
- 6.1 Key Industry Highlights
- 6.2 Vietnam Paper Packaging Historical Market (2018-2024)
- 6.3 Vietnam Paper Packaging Market Forecast (2025-2034)
- 7 Vietnam Paper Packaging Market by Product
- 7.1 Folding Cartons
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Corrugated Boxes
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Others
- 8 Vietnam Paper Packaging Market by Material
- 8.1 Corrugated Board
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Kraft Paper
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Moulded Pulp
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Speciality Paper
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Others
- 9 Vietnam Paper Packaging Market by End Use
- 9.1 Food and Beverage
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Healthcare
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Personal Care
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Household Care
- 9.4.1 Historical Trend (2018-2024)
- 9.4.2 Forecast Trend (2025-2034)
- 9.5 Electrical Products
- 9.5.1 Historical Trend (2018-2024)
- 9.5.2 Forecast Trend (2025-2034)
- 9.6 Others
- 10 Vietnam Paper Packaging Market by Region
- 10.1 Southeast
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Red River Delta
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Mekong River Delta
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 South Central Coast
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Tetra Laval Group
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Huhtamäki Oyj
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 SONG LAM Trading & Packaging Production CO., Ltd.
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 DONGWON System (Tan Tien Packaging)
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Rengo Co., Ltd.
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Khang Thanh Manufacturing CO., LTD.
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 BINH MINH P.A.T CO., LTD.
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 HC Packaging
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 Starprint Vietnam JSC
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 Hanhpackaging Co, Ltd.
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 Others
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
