News Feed

Vietnam’s soft-drinks double-digit growth, signals more PET resin consumption

Posted on : 11 Aug, 2010

 

Vietnam is the only country in SEA that has a higher beer consumption per capita than soft-drinks. However in 2009, the consumption of soft-drinks showed double-figure growth again. Multinational companies dominate the water marker. La Vie of Nestle is the best selling bottled water, followed by Aquafina (Pepsi) and Joy (Coke). The water market has the highest PET penetration, i.e. virtually 100% is bottled in PET. With this increase, Vietnam is expecting an annual consumption of 50,000t of PET Resins for 2010, with imports from Asia.

 

PET Penetration	Vietnam	Asia
Water	100%	82%
CSD	3%	40%
RTD Tea	48%	55%
Fruit/Veg. Drink	9%	41%
Functional Drinks	1%	40%

Figures Euromonitor, 2009

Source: PETplanet Insider, June 2010

 

For more information on Asia’ PET growth, join us at PETresin Xchange on 16 – 18 November 2010 in Shanghai as we discuss on Accessing the World's Largest Producer of Bottle Grade Resins. Program key highlights includes;

• Intermediates Balance in Asia - PX/PTA & MEG
• Anti-Dumping & International Trade Challenges
• PET & preform capacity and demand in key markets
• Emergence of Bio-based Raw Materials & Trends
• Bottles & Packaging Innovations & Sustainability

Click here for the latest agenda.