China Hollow Molding Machines Capture Over 50% Market Share in Vietnam With Annual Growth Rate Above 15%

// Ranking Announcement //

//In-depth Analysis of the Vietnamese Market//

In 2024, Vietnam's plastic products output surpassed 12 million tons, and export value soared to 4.5 billion dollars, with an average annual growth rate exceeding 15%!

However, the domestic manufacturing of plastic machinery in Vietnam is almost “nonexistent,” with 90% of plastic processing equipment relying on imports. Among these, Chinese blow molding machines, with their “cost-performance ratio and technological compatibility,” have outperformed those from Europe and the United States, capturing over 50% of the market share and staging a real-life “equipment invasion.”

Covering the full range from small bottles and jars to automobile fuel tanks, exported to over 80 countries, with multilayer co-extrusion technology comparable to top international standards (such as high-barrier chemical drums, achieving a 90% improvement in oxygen barrier performance).

By leveraging the "Vietnam International Plastics Exhibition," directly connect with VinFast, the leading new energy vehicle manufacturer in Vietnam, to secure supporting orders for products such as fuel tanks and air ducts; customize acid and alkali-resistant hollow containers for export-oriented chemical enterprises, aligning with the surge of chemical exports from Vietnam to ASEAN under the RCEP tariff benefits.

Black Technology: Injection-Stretch-Blow Molding (down to 0.3mm thin walls), multi-color gradient process, monopolizing the high-end food container and pharmaceutical bottle market in Vietnam. Established an overseas service center in Ho Chi Minh City (equipped with core spare parts and resident engineers) to address the pain point of “no one to repair broken equipment” for Vietnamese enterprises. In response to the surge in fruit exports, we offer custom high-transparency fresh-keeping containers (extending shelf life by 30%), directly targeting urgent industry needs.

The factory is located in Guangxi, near Vietnam, resulting in logistics costs 20% lower than competitors and a fast customized response time (proposal provided within 72 hours).

Leveraging border trade and cross-border e-commerce, focus on southern Vietnam (Ho Chi Minh City accounts for 80% of the plastic industry); concentrate on small consumer items: cosmetic bottles and children's toys, using "small orders with quick returns" to outcompete large factories.

// Suggestions for Going Overseas //

The demand for packaging (beverages, chemicals), automotive parts, and daily necessities is growing at an average annual rate of 15%, with hollow products accounting for over 40%. Under the RCEP, the tariff on Chinese plastic machinery exports to Vietnam is reduced to below 5% (while European and American brands remain at 15-20%).

Technical players (Tongda, Tongjia, Leshan): Rely on "intelligentization + advanced craftsmanship" to bind top-tier clients and seize the upstream of the industry chain.

Cost Schools (Vinda, Jinye): Sweeping small and medium-sized enterprises with "low price + geographical advantage" to reap the benefits of market penetration.

When 12 million tons of Vietnam's plastic blue ocean meets China's intelligent manufacturing, this round of market competition may have just begun...