Vietnam is transitioning from a linear economy to a circular economy with an increased emphasis on waste management and sustainable economic development. Consumers in Vietnam are increasingly seeking eco-friendly packaging options that have a lower environmental impact compared to traditional packaging solutions. Also, the country is focused on reducing emissions associated with the manufacture of packaging materials. Vietnam is an emerging industrial hub with accelerated economic growth and hence has severe environmental issues, particularly related to waste management and plastic pollution. Every year, Vietnam generates approximately 25.5 million tons of waste, of which 75% goes into landfills. Cartonboard paper offers recyclability, biodegradability, versatility, and performance, making it an appealing option that aligns with these sustainability requirements. Governments & regulatory bodies in Vietnam are implementing more stringent regulations for managing packaging waste and reducing the associated environmental impact. Hence, several companies are opting for cartonboard paper to comply with regulations, fulfill their commitment to sustainable practices, avoid potential penalties, and foster a positive public image. Also, cartonboard paper is biodegradable and breaks down naturally over time without causing long-term environmental harm. Hence, the growing need for sustainable & eco-friendly packaging solutions is driving the growth of the Vietnam cartonboard paper market.
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Governments and regulatory bodies across the globe are imposing strict regulations on packaging waste for environmental protection. Major environmental protection and waste management regulations in Vietnam cover Decree No. 08/2022/ND-CP for Law on Environmental Protection; Environment Impact Assessment (EIA) Laws; the Circular on Strategic Environmental Assessment; Environmental Impact Assessment and Environmental Protection Plans No. 27/2015/TT-BTNMT; Law on Environmental Protection (LEP) No 55/2014/QH132020; and Vietnam Green Label, among others. Cartonboard paper helps companies comply with regulations on packaging waste and environmental protection, enabling businesses to meet legal obligations and avoid potential penalties. Consumers and businesses are increasingly recognizing the importance of adopting sustainable and responsible packaging practices. Cartonboard paper is a sustainable and versatile packaging option, making it a preferred choice for companies targeting eco-conscious consumers. Also, several companies that adopt sustainable practices are perceived as socially responsible and environmentally conscious. This positive association may increase brand loyalty and customer trust in these organizations.
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This report studies the global Paper Napkin Making Machine market status and forecast, categorizes the global Paper Napkin Making Machine market size (value & volume) by manufacturers, type, application, and region.
Paper napkin is a kind of tissue paper that is used for cleaning the face or hands.
Paper napkins are increasingly used in restaurants, homes and other residential and commercial applications.
In order to manufacture paper napkins, the rolls of tissue paper are supplied to the flexographic printing machine which are modified for cutting the printed tissue paper rolls into various kinds of sizes that are fixed beforehand.
Consequently, paper napkins that are made up of recycled paper are being increasingly preferred by the consumers.
The major manufacturers covered in this report
The global Synthetic Paper Market size is projected to grow from USD 526 million in 2020 to USD 819 million by 2025, at a CAGR of 9.2% between 2020 and 2025.
The major driving factors of the market include eco-friendly synthetic paper and wide application areas of synthetic paper.Browse 194 tables and 57 figures spread through 167 pages and an in-depth TOC on "Synthetic Paper Market, By Raw Material (BOPP, HDPE), Application (Printing, Paper Bags, Labels), End-use Industry (Paper, Packaging), and Region (APAC, Europe, North America, Middle East & Africa, South America) - Global Forecast To 2025"The key players in the synthetic paper market are PPG Industries, Inc. (US), Seiko Epson Corporation (Japan), Agfa-Gevaert Group (Belgium), Yupo Corporation (Japan), Arjobex SAS (France), American Profol Inc. (US), Hop Industries Corporation (US), Relyco Sales, Inc. (US), Transilwrap Company, Inc. (US), MDV-Papier-und Kunststoffveredelung GmbH (Germany), Cosmo Films Ltd. (India), Neenah Inc. (US), Toyobo Co. Ltd. (Japan), Hwaseung Industries Co., Ltd. (South Korea), Innovia Films (UK), Nan Ya Plastics Corporation (Taiwan), Valeron Strength Films (US), Aluminium Feron GmbH & Co. KG (Germany), Huanyuan Plastics Film Co., Ltd. (China), Tamerica Products Inc. (US), Ruian Rifo Packaging Material Co., Ltd. (China), Kaveri Metallising & Coating Industries Pvt.
Ltd. (India), Shijiazhuang Dadao Packaging Materials Co., Ltd. (China), Elastin International Corporation (Taiwan), Masterpiece Graphix (US).
Do Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=141930359Agfa-Gevaert Group develops, produces and distributes a wide-ranging of analog & digital imaging systems and IT solutions, for the printing industry, healthcare sector and for specific industrial applications.
It also provides conductive polymers, materials for the manufacturing of high-security ID documents, membranes for hydrogen production, back sheets for solar panels, and synthetic papers (SYNAPS).
The company has its distribution network across 40 countries and have its network of agents and representatives where it doesn’t have its own sales organization.In January 2019, Agfa-Gevaert group and Fujitex Co., Ltd. which is an global trading company situated in Japan for distribution of synthetic paper under the trade name of SYNAPS, signed an agreement.
The Paper And Paper Board Packaging Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the paper and paper board packaging market include Amcor Ltd., Cascades Inc., Clearwater Paper Corporation, DS Smith Plc, ITC Ltd.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Paper And Paper Board Packaging Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/paper-and-paper-board-packaging-market/download-sampleMarket DynamicsPaper and paperboard market will be driven mainly by demographic shifts and consumer trends, such as the demand for sustainability and convenience.
Growing demand from e-commerce sector and requirement of improved product safety is propelling the demand for paper and paperboards.
It is estimated that e-commerce will drive roughly one third demand growth in transport packaging over the next several years.
