Market Share of Vietnam Plastic Caps And Closures Industry
The Vietnam plastic caps and closures market is consolidated with domestic players such as Duy Tan Plastic Company and international players such as Bericap Holding GmbH, Tetra Pak, and Sonoco Products Company. To solidify their footprint in the market, the players focus on new product development, partnerships, mergers and acquisitions, and collaborations.
• July 2024: Duy Tan Plastic Company, a Vietnam-based company, produced a sustainable tethered cap made with HDPE material. Unlike traditional detachable bottle caps, this bottle cap is securely affixed to the bottle, ensuring the water bottle remains sealed. This safeguards the product inside and helps preserve the water's taste while reducing the chances of plastic waste, which helps curb environmental pollution.
Vietnam Plastic Caps and Closures Market Leaders
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Bericap Holding GmbH
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Duy Tan Plastic Company
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Tetra Pak
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Indorama Ventures Vietnam
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Inplas Vietnam JSC
*Disclaimer: Major Players sorted in no particular order