Vietnam Flexible Plastic Packaging Market Share

Market Share of Vietnam Flexible Plastic Packaging Industry

The Vietnamese flexible plastic packaging market is fragmented with domestic and global players such as Huhtamaki Oyj, AN PHÁT BIOPLASTICS, Amcor PLC, SIG Group AG, SCG Packaging Public Company Limited, and Genpack Co. Ltd. Players operating in the region are focused on expanding their business through mergers, collaborations, acquisitions, and product innovations.

• October 2023: Amcor PLC, one of the global leaders in responsible packaging solutions, signed a Memorandum of Understanding (MOU) with South Korea's prominent petrochemical firm, SK Geo Centric (SK). This partnership, set to kick off in 2025, will see Amcor sourcing advanced recycled materials, primarily focusing on the Asia-Pacific region. Through this MOU, Amcor aims to offer its food and healthcare clients in pivotal Asian markets, including Vietnam, enhanced access to packaging solutions crafted from recycled materials.

Vietnam Flexible Plastic Packaging Market Leaders

1. Amcor Plc

2. Huhtamaki Oyj

3. SIG Group AG

4. SCG Packaging Pubic Company Limited

5. AN PHÁT BIOPLASTICS

*Disclaimer: Major Players sorted in no particular order