베트남의 접이식 카톤 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the vietnam folding carton market size was valued at USD 625.31 million in 2025 and is estimated to grow from USD 664.83 million in 2026 to reach USD 916.45 million by 2031, at a CAGR of 6.63% during 2026-2031.

This report is Segmented by Material Type (Solid Bleached Sulfate, Folding Boxboard, Coated Unbleached Kraft, White Line Chipboard, and More), Printing Technology (Lithographic Printing, Flexographic Printing, Digital Printing, and More), and End-User Industry (Food and Beverage, E-Commerce and Retail-Ready Packaging, Tobacco, and More). The Market Forecasts are Provided in Terms of Value (USD).

Vietnam Folding Carton Market Trends and Insights

Rising Demand from the E-Commerce Sector

Vietnam's online retail channel consumed 332,000 tons of packaging materials in 2023, of which folding cartons supplied roughly 40% by volume. The channel now accounts for 12% of retail goods sales, having climbed 4% points in just 3 years. Merchants increasingly prefer shelf-ready formats that cut fulfillment labor by up to 20%, a dynamic that is funneling steady orders toward converters able to combine tamper-evident engineering with striking graphics. Cross-border platforms such as Lazada and Shopee embed FSC certification into seller eligibility, instantly redefining baseline specifications for every carton shipped through their networks. The Vietnam folding carton market, therefore, benefits twice: in higher absolute volumes and in the migration to premium substrates that command superior margins.

Government Push for Sustainable Packaging

Decree 110/2026 obliges producers to finance post-consumer collection and recycling, setting a 30% paper recovery target by 2028, while Decree 05/2025 restricts single-use plastics in urban food service. Together, the regulations are channeling quick-service restaurants, electronics assemblers, and household-goods makers toward recycled-fiber carton solutions. Penalties for non-compliance range from VND 50 million (USD 2,100) to VND 100 million (USD 4,200), spurring brand owners to specify Folding Boxboard and Coated Unbleached Kraft with at least 50% recycled content. Converters that invested early in de-inking and waste-paper aggregation lines, or that formed alliances with Producer Responsibility Organizations, now enjoy a distinct licensing edge in the Vietnamese folding carton market.

Volatility in Virgin Fiber Prices

January 2026 quotations moved European Bleached Eucalyptus Kraft to USD 1,220-1,250 per ton and Northern Bleached Softwood Kraft to USD 1,600, trimming converter margins by as much as 300 basis points under contracts that cap pass-through clauses. With 70% of virgin pulp imported, exchange-rate swings and geopolitical freight surcharges add USD 80-120 to every ton landed. Only 18% of converters use forward contracts, leaving most exposed to quarterly resets that can jump 10-15%. The squeeze is most acute for Solid Bleached Sulfate grades, where brightness consistency bars substitution, weighing on earnings across the Vietnam folding carton market.

Other drivers and restraints analyzed in the detailed report include:

1. Growth in Food and Beverage Exports
2. Rising Disposable Income and Urbanization
3. Intensifying Competition from Flexible Packaging

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Solid Bleached Sulfate captured 33.42% of the Vietnam folding carton market share in 2025, firmly anchoring premium applications in cosmetics, pharmaceuticals, and high-end confectionery. Brand owners select the grade for brightness levels above 88 GE and print surfaces that enable photographic lithography, reinforcing its grip on price-sensitive but graphics-intensive categories. Folding Boxboard is expected to post an 8.75% CAGR, the fastest rate among substrates, as quick-service restaurants and e-commerce fulfillment centers adopt weights in the 250-300 gsm range to curb freight surcharges. Coated Unbleached Kraft is strengthening its foothold in electronics and household-goods shippers because Decree 110/2026 rewards recycled-content compliance, while White Line Chipboard supplies cost-conscious dry-food fillers.

Tetra Pak's expansion to 30 billion packs annually highlights the centrality of barrier-coated Solid Bleached Sulfate to aseptic dairy and juice lines, a niche that shields profits even amid pulp inflation. As recycled-content thresholds climb, converters are blending virgin and secondary fiber to safeguard tensile integrity without breaching cost targets. Inline basis-weight scanners, near-infrared moisture controls, and high-consistency refiners help large mills deliver tighter grammage tolerances, a precondition for multinationals that link payout terms to statistical process control metrics. Smaller converters unable to finance such upgrades risk relegation to low-margin commodity cartons. The Vietnam folding carton market size advantage therefore gravitates toward operators that couple substrate versatility with capital-intensive quality systems.

List of Companies Covered in this Report:

1. Dong Tien Packaging and Paper Co. Ltd.
2. Oji Packaging (Vietnam) Co. Ltd.
3. Rengo Co. Ltd.
4. Marubeni-South East Asia Packaging Corp.
5. Tetra Pak Vietnam JSC
6. Song Lam Packaging JSC
7. Siam Kraft Industry Co. Ltd.
8. Lee & Man Paper Manufacturing Ltd.
9. Thuan An Paper and Packaging JSC
10. AnBinh Printing Carton Packaging Co. Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rising Demand From the E-Commerce Sector
  • 4.2.2 Government Push for Sustainable Packaging
  • 4.2.3 Growth in Food and Beverage Exports
  • 4.2.4 Rising Disposable Income and Urbanization
  • 4.2.5 Rise of High-Color Digital Short Runs for SMEs
  • 4.2.6 Premium Carton Demand From Domestic Craft Beer Brands
• 4.3 Market Restraints
  • 4.3.1 Volatility in Virgin Fiber Prices
  • 4.3.2 Intensifying Competition From Flexible Packaging
  • 4.3.3 Logistics Bottlenecks at Key Port Facilities
  • 4.3.4 Limited Advanced Paper Recycling Capacity
• 4.4 Industry Value Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Impact of Macroeconomic Factors on the Market
• 4.8 Porter's Five Forces Analysis
  • 4.8.1 Threat of New Entrants
  • 4.8.2 Bargaining Power of Suppliers
  • 4.8.3 Bargaining Power of Buyers
  • 4.8.4 Threat of Substitutes
  • 4.8.5 Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Material Type
  • 5.1.1 Solid Bleached Sulfate
  • 5.1.2 Folding Boxboard
  • 5.1.3 Coated Unbleached Kraft
  • 5.1.4 White Line Chipboard
  • 5.1.5 Other Material Types
• 5.2 By Printing Technology
  • 5.2.1 Lithographic Printing
  • 5.2.2 Flexographic Printing
  • 5.2.3 Digital Printing
  • 5.2.4 Gravure Printing
  • 5.2.5 Other Printing Technologies
• 5.3 By End-User Industry
  • 5.3.1 Food and Beverage
  • 5.3.2 Healthcare/Pharmaceuticals
  • 5.3.3 Personal Care and Cosmetics
  • 5.3.4 Electrical and Electronics
  • 5.3.5 Household and Industrial Goods
  • 5.3.6 Tobacco
  • 5.3.7 E-commerce and Retail-ready Packaging
  • 5.3.8 Other End-User Industries

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
  • 6.4.1 Dong Tien Packaging and Paper Co. Ltd.
  • 6.4.2 Oji Packaging (Vietnam) Co. Ltd.
  • 6.4.3 Rengo Co. Ltd.
  • 6.4.4 Marubeni-South East Asia Packaging Corp.
  • 6.4.5 Tetra Pak Vietnam JSC
  • 6.4.6 Song Lam Packaging JSC
  • 6.4.7 Siam Kraft Industry Co. Ltd.
  • 6.4.8 Lee & Man Paper Manufacturing Ltd.
  • 6.4.9 Thuan An Paper and Packaging JSC
  • 6.4.10 AnBinh Printing Carton Packaging Co. Ltd.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment