What the fibc industry does to keep up with the times is a problem many businesses need to solve. The growth of the food, cosmetic and pharmaceutical industries is a great opportunity for the packaging industry to develop. To develop, Vietnam's packaging industry needs to innovate further.
Enterprises need to improve a lot, especially in technology to meet the requirements of the export market. Therefore, new businesses can participate in the "race" of the global supply chain. Readers, please follow the article to better understand the inevitable development of the packaging industry.
History of Vietnam fibc industry
Vietnam's packaging industry has been developing since the 1990s when the market economy began to innovate. In the beginning, the packaging industry mainly focused on producing paper and cartons and was completely spontaneous, but it laid the foundation for the future.
At the beginning of the 21st century, the market economy developed along with the appearance of FDI enterprises. This has spurred Vietnamese packaging to thrive. As a result, a number of packaging enterprises appeared, including many small private enterprises. The jumbo packaging industry at this time has a small and medium scale, accounting for about 2% of the proportion of the packaging structure.
The development of the current Vietnamese fibc industry
In the period of international economic integration, Vietnam has built a free trade relationship with the ASEAN market of more than 600 million people. In particular, Vietnam has also established good relations with the United States, the European Union, China, Japan, Russia, etc. These relationships have boosted the economy, including the development of the packaging industry.
As the economy develops and urbanizes rapidly, consumer demand also increases. Many famous big supermarket brands such as Aeon, Lotte, .. appear in Vietnam. Besides, Vietnam's e-commerce industry is growing like a storm. All create opportunities for investors in manufacturing factories in Vietnam.
Many foreign businesses choose Vietnam as their market, opening up opportunities for the packaging industry. Estimated growth in the period 2018 - 2022: Packaged food increased by 38%, food by 76%, processed meat, and seafood by 58%. Faced with this demand, the fibc industry has to improve its design and preservation. This is both an opportunity and a challenge for bulk bags manufacturers.
The big bag is a diverse product in terms of types and designs, therefore, packaging materials are also diverse. Packaging materials in Vietnam are mainly primary PP. Therefore, this industry can start with a small-scale factory. In 2021, it is estimated that the whole industry will increase by 25%, of which soft plastic packaging will increase by 15% and FIBC bags will increase by 51%.
Enterprises need to improve jumbo bag production technology
Currently, most of the products appearing on the market are well-packaged with beautiful designs. This means that the packaging production market will continue to expand and entails the inevitable development of the fibc industry.
Business owners need to have a clear strategy, effective management plan and solutions to find the right technical equipment, etc. The production process needs to meet small orders with fast delivery. At the same time, the packaging design needs to be thinner, lighter, and environmentally friendly to ensure efficiency and economy.
In the period of industrial revolution 4.0, the packaging industry needs to promote digital adoption. At the same time, building a smart factory saves costs and immediately responds to the urgent requirements of customers.
EPP Vietnam has a team of leading experts in the fibc industry
In order to effectively operate a large packaging factory, EPP Vietnam had to invite a team of leading experts and engineers to consult and work directly. The people holding key management positions at EPP all have highly specialized knowledge, and graduated from the top technical universities in Vietnam.
EPP Vietnam launched many special policies to recruit skilled workers in the region to work. We pay fair remuneration for hard-skilled, experienced workers so that they can rest assured of their dedication and production. In addition, EPP still gives opportunities to young workers in the region and gradually trains skills.
Readers have just consulted the article sharing general information about what the fibc industry does to keep up with the times. EPP is manufacturing and supplying type A big bags, type B bulk bags, type C FIBC bags, and type D jumbo bags. For any information you need to consult or need to buy products, you can visit: https://epp.vn/ or contact us at the end of the article.
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📲Ms. Jennifer: +84 986 002 888 - sales@epp.vn
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📲 Mr. Lee: +84 976 791 865 - sales03@epp.vn