How big is the Vietnam Metal Can Packaging Market?

The Vietnam Metal Can Packaging Market size is expected to reach USD 2.11 billion in 2024 and grow at a CAGR of 3.07% to reach USD 2.45 billion by 2029. Read More

What is the current Vietnam Metal Can Packaging Market size?

In 2024, the Vietnam Metal Can Packaging Market size is expected to reach USD 2.11 billion. Read More

What years does this Vietnam Metal Can Packaging Market cover, and what was the market size in 2023?

In 2023, the Vietnam Metal Can Packaging Market size was estimated at USD 2.05 billion. The report covers the Vietnam Metal Can Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Vietnam Metal Can Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Vietnam Metal Can Packaging Market Share

Statistics for the 2023 & 2024 Vietnam Metal Can Packaging market share, created by Mordor Intelligence™ Industry Reports. Vietnam Metal Can Packaging share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Vietnam Metal Can Packaging Industry

The Vietnamese metal can packaging market is fragmented owing to many key players continually trying to gain maximum market share. Some of the major players are Canpac Vietnam Co. Ltd, Showa Aluminum Can Corporation, TBC-Ball Beverage Can VN Ltd, Ball Corporation, Vietnam Baosteel Can Co. Ltd (Baosteel Group), and Royal Can Industries Company Limited. Many market players are developing high-quality metal can packaging solutions while others are making efforts toward efficient recycling of packaging products to cater to the industry requirements.

January 2024: Rooster Beers, a craft brewery hailing from Ho Chi Minh City, Vietnam, unveiled a fresh, slim can design for its popular Blonde and Dark brews. While Rooster Beers has built its reputation on crafting traditional yet approachable beers, it is now charting a unique path, diverging from Western norms. The brand's move to introduce a sleek can design underscores this departure. With meticulously chosen design elements, the new cans exude a lively, contemporary vibe.
April 2024: In Vietnam, the "extended producer responsibility" (EPR) policy now requires producers and importers to ensure the recycling of a set portion of their products and packaging. If they cannot recycle, they must contribute financially to the Vietnam Environment Protection (VEP) Fund. The Ministry of Natural Resources and Environment (MONRE) outlined these mandates in Decree 08/2022/ND-PC. Companies have specific deadlines to start recycling different items: batteries, lubricants, and tires from January 2024; electrical and electronic products from January 1, 2025; and means of transportation from January 2027. MONRE is also tasked with proposing disposal regulations for transportation by January 2025.