Please Wait.....
Report
Vietnam Recycled Plastics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-09-04 I 118 Pages I IMARC Group
Market Overview:
The Vietnam recycled plastics market size reached 248.5 Kilo Tons in 2022. Looking forward, IMARC Group expects the market to reach 409.9 Kilo Tons by 2028, exhibiting a growth rate (CAGR) of 8.36% during 2023-2028.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Vietnam recycled plastics market report, along with forecasts at the country and regional levels from 2023-2028. Our report has categorized the market based on material and application.
Breakup by Material:
Polyethylene Terephthalate (PET)
Polypropylene (PP)
High Density Polyethylene (HDPE)
Others
The report has segmented the market on the basis of material including Polyethylene Terephthalate (PET), Polypropylene (PP), High Density Polyethylene (HDPE) and others. Amongst these, Polyethylene Terephthalate (PET) represents the most popular type.
Breakup by Application:
Non-Food Contact Packaging
Food Contact Packaging
Construction
Household Products
Others
On the basis of application, non-food contact packaging represents the largest segment.
Breakup by Region:
Southern Vietnam
Northern Vietnam
Central Vietnam
Region-wise, Southern Vietnam is the largest market.
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 & 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 has been the impact of COVID-19 on 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 Impact of COVID-19
4.3 Market Performance
4.4 Market Breakup by Material
4.5 Market Breakup by Application
4.6 Market Breakup by Region
4.7 Market Forecast
5 SWOT Analysis
5.1 Overview
5.2 Strengths
5.3 Weaknesses
5.4 Opportunities
5.5 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 Polyethylene Terephthalate (PET)
9.1.1 Market Performance
9.1.2 Market Forecast
9.2 Polypropylene (PP)
9.2.1 Market Performance
9.2.2 Market Forecast
9.3 High Density Polyethylene (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
10.5 Others
10.5.1 Market Performance
10.5.2 Market Breakup by Material
10.5.3 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 & 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
Figure 1: Vietnam: Recycled Plastics Market: Major Drivers and Challenges
Figure 2: Vietnam: Recycled Plastics Market: Volume Trends (in '000 Tons), 2017-2022
Figure 3: Vietnam: Recycled Plastics Market: Breakup by Material (in %), 2022
Figure 4: Vietnam: Recycled Plastics Market: Breakup by Application (in %), 2022
Figure 5: Vietnam: Recycled Plastics Market: Breakup by Region (in %), 2022
Figure 6: Vietnam: Recycled Plastics Market Forecast: Volume Trends (in '000 Tons), 2023-2028
Figure 7: Vietnam: Recycled Plastics Industry: SWOT Analysis
Figure 8: Vietnam: Recycled Plastics Industry: Value Chain Analysis
Figure 9: Vietnam: Recycled Plastics Industry: Porter's Five Forces Analysis
Figure 10: Vietnam: Recycled Plastics (Polyethylene Terephthalate- PET) Market: Volume Trends (in '000 Tons), 2017 & 2022
Figure 11: Vietnam: Recycled Plastics (Polyethylene Terephthalate- PET) Market Forecast: Volume Trends (in '000 Tons), 2023-2028
Figure 12: Vietnam: Recycled Plastics (Polypropylene- PP) Market: Volume Trends (in '000 Tons), 2017 & 2022
Figure 13: Vietnam: Recycled Plastics (Polypropylene- PP) Market Forecast: Volume Trends (in '000 Tons), 2023-2028
Figure 14: Vietnam: Recycled Plastics (High Density Polyethylene- HDPE) Market: Volume Trends (in '000 Tons), 2017 & 2022
Figure 15: Vietnam: Recycled Plastics (High Density Polyethylene- HDPE) Market Forecast: Volume Trends (in '000 Tons), 2023-2028
Figure 16: Vietnam: Recycled Plastics (Other Plastics) Market: Volume Trends (in '000 Tons), 2017 & 2022
Figure 17: Vietnam: Recycled Plastics (Other Plastics) Market Forecast: Volume Trends (in '000 Tons), 2023-2028
Figure 18: Vietnam: Recycled Plastics (Non-Food Contact Packaging) Market: Volume Trends (in '000 Tons), 2017 & 2022
Figure 19: Vietnam: Non-Food Contact Packaging Recycled Plastics Market: Breakup by Material (in %), 2022
Figure 20: Vietnam: Recycled Plastics (Non-Food Contact Packaging) Market Forecast: Volume Trends (in '000 Tons), 2023-2028
Figure 21: Vietnam: Recycled Plastics (Food Contact Packaging) Market: Volume Trends (in '000 Tons), 2017 & 2022
Figure 22: Vietnam: Food Contact Packaging Recycled Plastics Market: Breakup by Material (in %), 2022
Figure 23: Vietnam: Recycled Plastics (Food Contact Packaging) Market Forecast: Volume Trends (in '000 Tons), 2023-2028
Figure 24: Vietnam: Recycled Plastics (Construction) Market: Volume Trends (in '000 Tons), 2017 & 2022
Figure 25: Vietnam: Construction Recycled Plastics Market: Breakup by Material (in %), 2022
Figure 26: Vietnam: Recycled Plastics (Construction) Market Forecast: Volume Trends (in '000 Tons), 2023-2028
Figure 27: Vietnam: Recycled Plastics (Household Products) Market: Volume Trends (in '000 Tons), 2017 & 2022
Figure 28: Vietnam: Household Products Recycled Plastics Market: Breakup by Material (in %), 2022
Figure 29: Vietnam: Recycled Plastics (Household Products) Market Forecast: Volume Trends (in '000 Tons), 2023-2028
Figure 30: Vietnam: Recycled Plastics (Others) Market: Volume Trends (in '000 Tons), 2017 & 2022
Figure 31: Vietnam: Others Recycled Plastics Market: Breakup by Material (in %), 2022
Figure 32: Vietnam: Recycled Plastics (Others) Market Forecast: Volume Trends (in '000 Tons), 2023-2028
Figure 33: Southern Vietnam: Recycled Plastics Market: Volume Trends (in '000 Tons), 2017 & 2022
Figure 34: Southern Vietnam: Recycled Plastics Market: Breakup by Material (in %), 2022
Figure 35: Southern Vietnam: Recycled Plastics Market Forecast: Volume Trends (in '000 Tons), 2023-2028
Figure 36: Northern Vietnam: Recycled Plastics Market: Volume Trends (in '000 Tons), 2017 & 2022
Figure 37: Northern Vietnam: Recycled Plastics Market Forecast: Volume Trends (in '000 Tons), 2023-2028
Figure 38: Central Vietnam: Recycled Plastics Market: Volume Trends (in '000 Tons), 2017 & 2022
Figure 39: Central Vietnam: Recycled Plastics Market Forecast: Volume Trends (in '000 Tons), 2023-2028
Table 1: Vietnam: Recycled Plastics Market: Key Industry Highlights, 2022 and 2028
Table 2: Vietnam: Recycled Plastics Market Forecast: Breakup by Material (in '000 Tons), 2023-2028
Table 3: Vietnam: Recycled Plastics Market Forecast: Breakup by Application (in '000 Tons), 2023-2028
Table 4: Vietnam: Recycled Plastics Market Forecast: Breakup by Region (in '000 Tons), 2023-2028
Table 5: Vietnam: Recycled Plastics Market: Competitive Structure
Table 6: Vietnam: Recycled Plastics Market: Key Players
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security