Vietnam Recycled Plastics Market Growth, Demand and Challenges of the Key Industry Players 2024-2032
                     Vietnam Recycled 
Plastics Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
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las t ing resul ts .
Accord ing  t o  the  la tes t  repor t  by  I MARC G roup ,  t i t l ed  "V ie tnam Recycl ed  
P last ics  Market :  I ndust ry  T rends,  Share ,  S ize ,  Growth ,  Opportun i ty  and  
Forecast  2024-2032 ,"  t he  V ie tnam recyc led  p las t i cs  marke t  s i ze  reached  270. 1  
K i lo  Tons  in  2023 .
Report Recyc led  p las t i cs  re fe r  t o  sc rap  and  was te  p las t i c  ma te r ia l s  t ha t  a re  p rocessed in t o  use fu l  p roduc t s .  Be fo re  they  a re  recyc led ,  t he  p las t i c  ma te r i a l s  undergo  
va r i ous  s t ages ,  such  as  sor t ing ,  wash ing ,  shredd ing ,  iden t i f i ca t ion  and 
Highlight and c lass i f i ca t ion  o f  p las t i c ,  and  ex t rud ing .  They  a re  used  f o r  p roduc ing  non-
b iodegradab le  p roduc ts  such  as  foo twear ,  bags ,  t oys ,  f abr i cs ,  and  t oo thb rushes .  
Description Th is  a ids  in  r educ ing  the  amount  o f  was te  d isposed  o f  a t  l and f i l l  s i t es ,  wh ich  lowers  the  amoun t  o f  g reenhouse gas  emiss ions  re leased f r om land f i l l s .  
Consequen t l y ,  recyc led  p las t i cs  a re  ga in ing  t rac t ion  ac ross  V ie t nam as  pos t -
consumer  and pos t - indus t r ia l  p las t i cs  a re  inc reas ing ly  accumu la t e  in  land f i l l s .
Request  fo r  a  PDF sample  o f  th is  repor t :  
ht tps : / / www. imarcgroup .com/v ie tnam- recyc led-p las t i cs -marke t / r eques t sample
Report Description
Vi e t n am Recy c l ed  P l as t i cs  M ark e t  T r end s:
The  m ar ke t  i s  p r im ar i l y  d r i ven  b y  t h e  r i s i n g  en v i r on m en t a l  c once r ns  and  t h e  cons t an t  l ooko u t  f o r  g r een  so lu t i ons .  I n  
add i t i o n ,  r ecy c led  p las t i c s  f i nd  u t i l i za t i on  i n  p r oduc i ng  l ig h t w e i gh t  com ponen t s ,  w h ich  a r e  u sed  ac r oss  bu i l d in g  an d  
cons t r uc t i on ,  au t o m o t iv e ,  e lec t r i ca l  and  e lec t r on i c s  i nd us t r i es .  Nowa days ,  t h e  i nc r eas ing  p r i ce s  o f  con ven t i ona l  p las t i c s  
a r e  a l so  p r ope l l i ng  t he  dem and  f o r  r ecyc l ed  p las t i c s .  Recy c led  p las t i c s  o f f e r  r e duce d  ene r gy  co nsum pt ion  and  na t u r a l  
r eso u r ce s ,  and  l owe r  l ab o r  c os t s  c om p ar ed  t o  v i r g in  p las t i c s ,  t he r eb y  ca t a l yz ing  t he i r  d em a nd  i n  V ie t n am .  
M or e ove r ,  t he  g r ow in g  env i r o nm e n t a l  cons c ious ness  has  r e su l t e d  i n  t h e  ado p t i on  o f  sus t a inab le  m a t e r i a ls .  D ue  t o  t h i s ,  
t he  G ove r nm e n t  o f  V ie t n am  h as  u nde r t aken  seve r a l  i n i t i a t i ves  t o  r educ e  do m es t i c  p las t i c  wa s t e .  Fo r  i n s t anc e ,  Ze r o  
P las t i c  Wa s t e  C i t y  i s  a  ne w p r o jec t  t h a t  a im s  t o  em po wer  l oca l  was t e  p i cke r s  an d  im pr ov e  wa s t e  co l l ec t i on  r a t es .  
M or e ove r ,  t h e  M in i s t r y  o f  N a t u r a l  Res ou r c es  an d  Env i r on m en t  i n  V ie t nam  i s  a l so  p r ov id ing  f i n anc ia l  a ss i s t ance  t o  
en t e r p r i s es  t ha t  o f f e r  p las t i c  r ec yc l i ng ,  t hu s  f ac i l i t a t i ng  t h e  ado p t i on  o f  r ecy c led  p las t i c s  i n  t he  c oun t r y .
Look i ng  f o rw ard ,  t he  mark e t  v o l um e i s  expe c t ed  t o  r each  532 . 4  K i l o  Ton s  by  2032 ,  exh i b i t i ng  a  CAG R o f  7 . 6%  
dur i ng  t h e  f o r ecas t  pe r i od  ( 2024 - 203 2 ) .
V i ew  Repo r t  T O C,  F i g ures  and  T ab l e s :  h t t ps : / / w w w . i mar cgrou p . com / v i e t na m- re cyc l e d - p l a s t i cs - m arke t
Breakup by Material:
• Polyethylene Terephthalate (PET)
• Polypropylene (PP) 
• High Density Polyethylene (HDPE) 
• Others
Report 
Breakup by Application:
Segmentation • Non-Food Contact Packaging
• Food Contact  Packaging
• Construct ion 
• Household Products
• Others
Breakup by Region:
• Southern Vietnam 
• Northern Vietnam 
• Central  Vietnam
Report 
Segmentation
• Vinh Thanh Corporat ion
• Tr inh Nghi Jo int  Stock Company
• Import  and Export  Jo int  Stock Company 
Suwon Vina
Competitive • Quynh Quyen Hung Yen Trading & Product ion 
Company L imited
Landscape • Trang Yen P last ic  Trading Company L imited
with Key • Hung Phu P last ic  Investment Company 
L imited
Players • Tran Thanh Phat Company
• Tin Thanh P last ic  Product ion -  Trading Co.  Ltd
• Hiep Phat P last ic  Trading Manufactur ing Co.  
Ltd.
• Thien Phuoc Product ion & Trading Co.  Ltd.
How has the Vietnam recycled plastics market 
performed so far and how will it perform in the 
coming years?
What are the major materials in the Vietnam 
recycled plastics market?
Key 
Questions What has been the impact of COVID-19 on the Vietnam recycled plastics market?
Answered in 
What are the key application segments in the 
the Report Vietnam recycled plastics market?
What are the key regions in the Vietnam recycled 
plastics market?
What are the various stages in the value chain of 
the Vietnam recycled plastics market?
What are the key driving factors and challenges in 
the Vietnam recycled plastics market?
What is the structure of the Vietnam recycled 
plastics market and who are the key players?
Key What is the degree of competition in the Vietnam recycled plastics market?
Questions 
How are recycled plastics manufactured?
Answered in 
the Report
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4    V i e t n a m  R e c y c l e d  P l a s t i c s  M a r k e t
    4 . 1     M a r k e t  O v e r v i e w
Contents     4 . 2     I m p a c t  o f  C O V I D - 1 9    4 . 3     M a r k e t  P e r f o r m a n c e
    4 . 4     M a r k e t  B r e a k u p  b y  M a t e r i a l
    4 . 5     M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    4 . 6     M a r k e t  B r e a k u p  b y  R e g i o n
    4 . 7     M a r k e t  F o r e c a s t
5    S W O T  A n a l y s i s
    5 . 1     O v e r v i e w
    5 . 2     S t r e n g t h s
    5 . 3     W e a k n e s s e s
    5 . 4     O p p o r t u n i t i e s
    5 . 5     T h r e a t s
6    V a l u e  C h a i n  A n a l y s i s
7    P o r t e r s  F i v e  F o r c e s  A n a l y s i s
    7 . 1     O v e r v i e w
    7 . 2     B a r g a i n i n g  P o w e r  o f  B u y e r s
    7 . 3     B a r g a i n i n g  P o w e r  o f  S u p p l i e r s
       
    7 . 4     D e g r e e  o f  C o m p e t i t i o n
    7 . 5     T h r e a t  o f  N e w  E n t r a n t s
    7 . 6     T h r e a t  o f  S u b s t i t u t e s
8    K e y  M a r k e t  D r i v e r s  a n d  S u c c e s s  F a c t o r s
9    M a r k e t  B r e a k u p  b y  M a t e r i a l
    9 . 1     P o l y e t h y l e n e  T e r e p h t h a l a t e  ( P E T )
        9 . 1 . 1     M a r k e t  P e r f o r m a n c e
        9 . 1 . 2     M a r k e t  F o r e c a s t
    9 . 2     P o l y p r o p y l e n e  ( P P )
Table of         9 . 2 . 1     M a r k e t  P e r f o r m a n c e        9 . 2 . 2     M a r k e t  F o r e c a s t
    9 . 3     H i g h  D e n s i t y  P o l y e t h y l e n e  ( H D P E )
        9 . 3 . 1     M a r k e t  P e r f o r m a n c e
Contents         9 . 3 . 2     M a r k e t  F o r e c a s t    9 . 4     O t h e r s
        9 . 4 . 1     M a r k e t  P e r f o r m a n c e
        9 . 4 . 2     M a r k e t  F o r e c a s t
1 0   M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    1 0 . 1     N o n - F o o d  C o n t a c t  P a c k a g i n g
        1 0 . 1 . 1     M a r k e t  P e r f o r m a n c e
        1 0 . 1 . 2     M a r k e t  B r e a k u p  b y  M a t e r i a l
        1 0 . 1 . 3     M a r k e t  F o r e c a s t
    1 0 . 2     F o o d  C o n t a c t  P a c k a g i n g
        1 0 . 2 . 1     M a r k e t  P e r f o r m a n c e
        1 0 . 2 . 2     M a r k e t  B r e a k u p  b y  M a t e r i a l
        1 0 . 2 . 3     M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /v i e tn a m- rec yc l ed -p l a s t i c s -m a rke
t / t o c
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