One of the factors driving the growth of the global plastic packaging industry is due to strong demand from industries such as food, beverage, personal care, health care, … Along with that, the need for convenience of users for packaged foods for consumer products has led to These industries use more plastic packaging. This has a huge impact on the market size of plastic packaging.
However, the rapid growth of goods using plastic packaging has resulted in raw materials for production. complex plastic film packaging is increasingly scarce and more expensive. This is also a concern of many businesses across the country. Follow this article to update information about the Vietnamese plastic industry as well as look for a reputable complex plastic film packaging manufacturer.
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Current overview of Vietnam’s plastic industry
Vietnam’s plastic industry is one of the industries with a huge dependence on imported raw materials. However, in the future, the production capacity of plastic materials of the industry will be significantly improved. It is expected that by 2021, the raw material source in Vietnam can meet 40% of domestic demand.
The packaging manufacturing industry is expected to see positive growth in the near future. Because the demand for complex plastic packaging for the food and beverage industries is also increasing. Accordingly, plastic packaging has become essential due to increasing use in various industries such as healthcare, cosmetics, food and beverage, and other consumer goods.
In the future, Vietnam’s plastic industry is expected to be very large thanks to the benefits from the discount of raw raw plastic materials. Along with that, the EVFTA Free Trade Agreement is also a factor affecting this development.
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Scarcity of materials for packaging production
Current state
The rapid growth of plastic packaging is also the reason for the scarcity of raw materials. and price spikes. This greatly affects packaging manufacturers as well as businesses in many different fields.
According to the general situation of materials related to the plastic industry, the complex packaging industry is growing strongly. Specifically, the segment of paper couche cup lid is increasing by 10-12%; PET, MPET and PE, blown plastic increased 20% compared to the average price of raw materials in the first 3 quarters of 2019.
Cause of price increase and material scarcity
The cost increase coupled with the scarcity of raw materials is partly due to the operation of petrochemical plants. Mainly concentrated in the South (especially Vung Tau and Dong Nai).
Along with that, one of the factors affecting plastic materials is geographical distance, chi transportation costs of raw materials are large and unstable in the shortage of containers. Therefore, it is difficult for enterprises producing plastic packaging in the North to access domestically produced materials. At the same time, they have to rely heavily on imports from neighboring countries at high cost.
Moreover, the manufacturing process of plastic products is mainly a process of physical transformation and the shape of type of plastic material. Therefore, the cost for plastic materials always accounts for a large proportion in the production cost structure of downstream plastic enterprises.
Accordingly, in terms of production cost structure of listed plastic enterprises in Vietnam, the cost of plastic materials accounts for 73% proportion. And labor cost accounts for billion tsecond largest with 9% in the structure of Vietnam’s plastic industry. Because the cost of raw materials accounts for a large proportion, they have a great influence on the profitability of businesses in the industry.
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The move from Binh Minh Packaging Joint Stock Company
Given the current rise in raw material costs and in the next one to two quarters of 2021, Binh Minh Packaging realizes the difficulties of our customers in front of us and we are not out of that difficulty. So, in the spirit of support and sharing at this difficult time, Bình Minh Plus would like to make some adjustments. product.
We are committed to flexibly adjust when there is a price change, up or down in the near future. beneficial to the production business of both parties.
Currently there is a scarcity, increasing the price of raw materials to make flexible packaging, especially the source PE plastic has forced many businesses to increase the price of their packaging products. However, Binh Minh still ensures a stable source of goods and maintains a stable production, meeting the demand and ensuring the quantity for customers.
With more than 15 years working in the field of manufacturing complex flexible packaging, Binh Minh Packaging is confident to be a prestigious companion of customers.
Bình Minh Plus is Vietnam’s leading supplier of flexible flexible packaging. We specialize in resource-efficient, cost-effective and environmentally-friendly packaging methods. Here are some reasons why you should choose Bình Minh Plus as a reliable partner in the future. span>
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International certification
With persistent efforts over the past 15 years, Dawn of the Dawn has received worthy achievements for its dedication.
- 2011: Acquired ISO 9001 – 2008 certification;
- 2014: Obtained HACCP and GMP, food safety certification;
- 2017: Acquired ISO 9001-2015 certification;
- 2020: Received BRC issue 6.
These certificates confirm Binh Minh ensures the elements of food safety and occupational safety as well as recognized internationally recognized scientific management system standards. Therefore, when cooperating with us, customers will be completely assured of the quality of finished packaging products that we bring.
Invest in advanced German production lines
Quality of finished packaging of Binh Minh is always appreciated by many customers. To do this, we pay attention to invest in advanced production lines. Accordingly, most of our machinery equipment is imported from Germany and Japan.
- Electronic color stacked gravure printer
- Coating machine
- Solvent drying draw frame
- Solvent-free dry draw draw frame
- Testing machine, bonding tester
- Bag making machine
- Splitter
- Blower 3 layers, 5 layers, …
Investment in production lines Modernity is Binh Minh’s way to improve the quality of its packaging [/ caption]
Large capacity packaging factory
To be proactive in ensuring timely supply of large quantities, two factories of Binh Minh since its inception has been operating with a capacity of up to 2,100 tons / month.
- Factory in Tan Phu Trung Industrial Park, Cu Chi: Quy model 10.000m 2 , capacity 35-40 tons / day. span>
- VSIP II Factory, Binh Duong: Scale 12,000m2, capacity 35 – 50 tons / day.
Factory produce packaging that meets Binh Minh’s quality standards [/ caption]
Thus, along with the volatility of the plastic market and the current cost of raw materials, Dawn Packaging tries to provide ample stock at a stable price. We promise to create innovative, innovative and sustainable packaging solutions to tell customer stories. For more information, please contact the hotline (028) 66. 756. 588 for best support.