Forecast: Import of Printed Paper Labels of All Kinds to Viet Nam

Throughout the past decade, the import of printed paper labels of all kinds to Viet Nam has exhibited significant fluctuations. Actual data showed a rising trend from 2013 to 2017, peaking at a 39.71% year-on-year increase in 2016. Following a dip in 2018 (-2.39%) and 2020 (-12.75%), the imports recovered in 2021 with a notable 26.23% year-on-year growth. The value of imports in 2023 stood at 18.456 million kilograms. Over the last two years, the year-on-year variations observed were 4.46% in 2022 and 4.19% in 2023. The CAGR over the past five years reached 4.81%.

The forecasted data from 2024 to 2028 suggests a continual but slower growth, with a CAGR of 2.99% and an overall growth rate of 15.87% by 2028.

Future trends to watch for:

• Impact of technological advancements on the demand for traditional printed paper labels.
• Shifts in global trade policies that may affect import costs or supply chain dynamics.
• Potential changes in consumer behavior and regulatory standards towards sustainability, influencing the types and quantities of labels imported.