Big market
With double-digit growth per year, according to experts, Vietnam's packaging - printing industry is considered quite attractive today. Notably, the opportunity to develop this industry is still very large in the context that Vietnam is attracting a strong attraction of world manufacturers to invest in factories because of its market advantages and competitive human resources. The escalating US-China trade war along with extensive international integration in joining many Free Trade Agreements (FTAs) also shows many opportunities to shift production investment of enterprises from other countries. to Vietnam. Meanwhile, domestic manufacturing enterprises are also under pressure, so they have to improve production as well as invest in packaging and printing to increase competitiveness.
In fact, over 70% of foreign investment capital registered in Vietnam for many years is still a manufacturing industry, showing that the demand for printing packaging on products will be quite large. This is also the reason that for many years the development of this industry has always been at double digits. This leads to an increase in the demand for packaging and printing in the country.
On the other hand, the development of retail, e-commerce also promotes the growth of the industry. Before products reach customers, whether near or far, large or small, they are carefully packed and preserved to ensure intact goods. Therefore, packaging products such as: plastic bags, adhesive tapes, foam wrapping, PE films, cartons, PE bags, zip bags... had a sudden increase.
Notably, the requirements of customers and consumers are increasingly demanding, requiring packaging not only for convenience but also for safety, environmental friendliness and intelligence. Therefore, changing packaging and improving packaging specifications are the never-ending races, the constant creation of businesses.
