| Product Code: ETC029870 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Vietnam plastic drums market has witnessed substantial growth, driven by the country`s expanding industrial and chemical sectors. Plastic drums are widely used for storage, transportation, and handling of liquids, chemicals, and hazardous substances. With Vietnam industrial growth and the increasing need for efficient storage solutions, the demand for plastic drums has risen. The market caters to diverse industries, including chemicals, pharmaceuticals, and food processing, where safe and reliable storage solutions are essential. Domestic and international manufacturers provide a variety of plastic drums with varying sizes, shapes, and designs to meet specific industry requirements. Additionally, the growing emphasis on sustainable packaging practices has led to the adoption of eco-friendly and recyclable plastic drums in the Vietnamese market.
The Vietnam plastic drums market is primarily driven by the country`s industrial growth and the increasing need for efficient storage and transportation solutions. Plastic drums are widely used in diverse industries, including chemicals, pharmaceuticals, and food processing, to safely store and transport liquids and chemicals. With the growing industrial activities and the expansion of the chemicals and petrochemicals sectors, the demand for plastic drums has surged. Additionally, the focus on sustainable packaging practices and the preference for eco-friendly materials have further contributed to the adoption of plastic drums. The versatility and lightweight nature of plastic drums make them an ideal choice for various applications, driving their popularity in the Vietnamese market.
The Vietnam plastic drums market faces challenges associated with sustainability and environmental concerns. While plastic drums offer advantages such as durability and cost-effectiveness, their environmental impact raises issues. The country`s growing awareness of plastic pollution and the need for eco-friendly packaging solutions may lead to a shift in consumer preferences towards more sustainable alternatives. This can present challenges for manufacturers and suppliers in the plastic drums market, compelling them to explore greener and recyclable options. Additionally, the market faces challenges related to recycling infrastructure and waste management practices. Addressing the challenges necessitates industry players` collaboration to innovate sustainable packaging solutions and support the government`s initiatives for waste management and recycling.
The Vietnam plastic drums market faced challenges during the COVID-19 pandemic due to disruptions in supply chains and logistics. As global trade and manufacturing activities were affected, the supply of raw materials for plastic drum production became uncertain. Moreover, the decreased demand from certain industries, such as chemicals and automotive, led to a temporary decline in plastic drum sales. However, the market also witnessed increased demand from sectors like pharmaceuticals and food packaging, as essential goods and medical supplies required reliable storage and transportation solutions. To mitigate the impact, manufacturers focused on streamlining operations and ensuring the continuity of production. As Vietnam economy gradually recovered, the plastic drums market resumed its growth trajectory, driven by the resumption of industrial activities and increasing demand from various sectors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Plastic Drums Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Plastic Drums Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Plastic Drums Market - Industry Life Cycle |
3.4 Vietnam Plastic Drums Market - Porter's Five Forces |
3.5 Vietnam Plastic Drums Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Vietnam Plastic Drums Market Revenues & Volume Share, By Head Type, 2021 & 2031F |
3.7 Vietnam Plastic Drums Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Vietnam Plastic Drums Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Vietnam Plastic Drums Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Plastic Drums Market Trends |
6 Vietnam Plastic Drums Market, By Types |
6.1 Vietnam Plastic Drums Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Plastic Drums Market Revenues & Volume, By Material Type, 2021-2031F |
6.1.3 Vietnam Plastic Drums Market Revenues & Volume, By Polyethylene (PE), 2021-2031F |
6.1.4 Vietnam Plastic Drums Market Revenues & Volume, By LDPE, 2021-2031F |
6.1.5 Vietnam Plastic Drums Market Revenues & Volume, By LLDPE, 2021-2031F |
6.1.6 Vietnam Plastic Drums Market Revenues & Volume, By HDPE, 2021-2031F |
6.1.7 Vietnam Plastic Drums Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.8 Vietnam Plastic Drums Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Plastic Drums Market, By Head Type |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Plastic Drums Market Revenues & Volume, By Open head, 2021-2031F |
6.2.3 Vietnam Plastic Drums Market Revenues & Volume, By Tight head, 2021-2031F |
6.3 Vietnam Plastic Drums Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Plastic Drums Market Revenues & Volume, By Less than 10 gallons, 2021-2031F |
6.3.3 Vietnam Plastic Drums Market Revenues & Volume, By 10-30 gallons, 2021-2031F |
6.3.4 Vietnam Plastic Drums Market Revenues & Volume, By 30-55 gallons, 2021-2031F |
6.3.5 Vietnam Plastic Drums Market Revenues & Volume, By 55 gallons and above, 2021-2031F |
6.4 Vietnam Plastic Drums Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Plastic Drums Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.3 Vietnam Plastic Drums Market Revenues & Volume, By Chemical & Petrochemicals, 2021-2031F |
6.4.4 Vietnam Plastic Drums Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.4.5 Vietnam Plastic Drums Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.6 Vietnam Plastic Drums Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.7 Vietnam Plastic Drums Market Revenues & Volume, By Oil and lubricants, 2021-2031F |
7 Vietnam Plastic Drums Market Import-Export Trade Statistics |
7.1 Vietnam Plastic Drums Market Export to Major Countries |
7.2 Vietnam Plastic Drums Market Imports from Major Countries |
8 Vietnam Plastic Drums Market Key Performance Indicators |
9 Vietnam Plastic Drums Market - Opportunity Assessment |
9.1 Vietnam Plastic Drums Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Vietnam Plastic Drums Market Opportunity Assessment, By Head Type, 2021 & 2031F |
9.3 Vietnam Plastic Drums Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Vietnam Plastic Drums Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Vietnam Plastic Drums Market - Competitive Landscape |
10.1 Vietnam Plastic Drums Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Plastic Drums Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |