Vietnam Pouch Packaging Industry Overview
In Vietnam, the pouch packaging market is witnessing a pronounced trend of consolidation, led by key local players like SCG Packaging Public Company and global giants such as Huhtamaki Oyj and Tetra Pak. These market leaders actively engage in mergers, acquisitions, and new product launches to solidify their presence in the market.
- May 2024: Tetra Pak, a Swedish food packaging firm, invested EUR 97 million (USD 104.9 million) in expanding its packaging production facility in Binh Duong, Vietnam. This move increased the facility's capacity, enabling it to introduce novel packaging formats tailored to the Vietnamese market. It underlined Tetra Pak's strategic commitment to the region.
Vietnam Pouch Packaging Market Leaders
-
QLM Label Makers Pty Ltd
-
Huhtamaki Oyj
-
Constantia Flexibles
-
SCG Packaging Public Company
-
Tetra Pak
- *Disclaimer: Major Players sorted in no particular order