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Rise in Demand from Packaged Food Industries Anticipated to Drive Vietnam Pulp and Paper Industry: Ken Research

Vietnam pulp & paper industry encompasses companies that use wood as a raw material and produce pulp, paperboard, paper, and other cellulose-based products. Pulp is a lignocellulosic fibrous material prepared by mechanically or chemically separating cellulose fibers from wood, waste paper, fiber crops, or rags. Various kinds of paper are made from wood with nothing else mixed into them. This includes magazines, newspapers, and even toilet paper. Paper pulp is a raw material for paper manufacture that contains mineral, common household items, vegetable, or man-made fibers. It forms a felted or matted sheet on a screen when moisture is removed. Several processes contribute to the emission of solvents including bleaching (acetone, dichloromethane, chloroform, methyl ethyl ketone, carbon disulfide, chloromethane, and trichloroethane), chemical pulping kraft process (terpenes, alcohols, methanol, acetone, chloroform), evaporators in chemical recovery systems (alcohols and terpenes) and wastewater treatment (terpenes, alcohols, methanol, acetone, chloroform and methyl ethyl ketone).

According to study, “Vietnam Pulp And Paper Industry Comprehensive Report Q4/2019” the key companies operating in the Vietnam pulp and paper industry are Diana Unicharm Joint Stock Company, Kraft Vina Co, Ltd., Kimberly-Clark Viet Nam Co, Ltd., Cheng Yang paper mill Co, Ltd., Sai Gon paper JSC, Box-pak Viet Nam Co, Ltd., An Hoa paper JSC, Sabeco- song Lam packaging JSC, Bien Hoa packaging JSC.

Based on type, Vietnam pulp and paper industry is segmented into paper manufacturing, paper chemical manufacturing, pulp & paper machinery manufacture and others. Paper chemical manufacturing is further sub-segmented into functional chemicals, process chemicals, coatings and others. Functional chemicals include pigments, color developers, colorants and sizing agents. Process chemicals include fixing agents, retention chemicals and water treatment chemicals. Based on product type, market is segmented into Birch Hardwood Kraft Pulp (BHK), Bleached Softwood Kraft Pulp (BSK) and High Yield Pulp (HYP). Based on pulp source, market is segmented into recycled pulp or de-inked pulp, wood pulp and non-wood pulp. The recycled paper segment is predictable to dominate the market owing to rise in concerns about the cutting down of trees for producing pulp during forecast period. Wood pulp is further sub-segmented into hardwood and softwood. Non-wood pulp is further sub-segmented into grass (reeds, bamboo), straw (wheat, corn, and rice), leaves (sisal, palm), bast (jute, kenaf, flex, and hemp), seeds (coir, cotton) and others. Based on grade, market is segmented into chemical pulping, mechanical pulping and others. In addition, based on application, market is segmented into packaging, consumer, printing industry, construction and others. Packaging segment is further sub-segmented into healthcare, pharmaceutical, beverages, food, personal care and others.  Printing industry is further sub-segmented into packaging printing, commercial printing and publication printing. Additionally, construction is further sub-segmented into infrastructure, residential and non-residential. Non-residential sector includes commercial, industrial, health, educational and others.

The Vietnam pulp and paper industry is driven by growth in economy, followed by increase in presence of the Fast-moving consumer goods (FMCG) & packaged food industries, rise in disposable income, increase in demand for hygiene products such as toilet paper, paper towels, and disposable makeup wipes. However, lack of infrastructure required for sorting & collecting and compliance with requirements appertaining to drugs & food products may impact the market. Moreover, growth in e-commerce space is a key opportunity for market.

Currently, Vietnam pulp and paper industry is still largely serving the domestic market, and the exports are very few. Country’s total paper export turnover continuously grew owing to increase in demand for lightweight paper packaging. In upcoming years, it is estimated that future of the market will be optimistic as a result of rise in shift towards greener packaging solutions during the forecast period.

For More Information, click on the link below:-

Vietnam Pulp and Paper Market Research Report

Related Reports:-

Vietnam Pulp And Paper Industry Standard Report Q4/2019

Global Enzyme for Pulp & Paper Market Research (2015-2019) and Future Forecast (2020-2025)

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Ankur Gupta, Head Marketing & Communications



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