A plastic jerry can, also known simply as a jerry can, is a robust container typically made of high-density polyethylene (HDPE) plastic. It is designed for the safe storage, transportation, and dispensing of liquids such as water, fuel, chemicals, and other fluids. Jerry cans are widely used in various industries, including automotive, agriculture, construction, and household applications.
Sales of plastic jerry can industry in Vietnam are poised for significant growth, with an anticipated value of US$108.6 million in 2023, projected to surge to US$155.4 million by 2033. The industry is expected to witness a steady expansion, registering a Compound Annual Growth Rate (CAGR) of 3.6% throughout the forecast period.
Key areas of focus include innovations in ergonomics, closing mechanisms, and materials. This commitment to continuous improvement underscores the industry’s dedication to addressing environmental concerns and meeting the evolving needs of consumers. As sustainability becomes a focal point, the plastic jerry can sector is navigating this landscape by embracing advancements that align with responsible and eco-friendly practices in packaging design and production.
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Key features and characteristics of plastic jerry cans:
- Material: Plastic jerry cans are primarily made from high-density polyethylene (HDPE) plastic, which is known for its strength, durability, and chemical resistance. HDPE is a lightweight yet robust material that can withstand impacts, harsh environmental conditions, and exposure to various chemicals.
- Capacity: Plastic jerry cans come in a range of capacities, typically ranging from a few liters to 20 liters (or around 5 gallons). The choice of capacity depends on factors such as the volume of liquid to be stored or transported and the space available for storage or transportation.
- Design: Jerry cans typically have a rectangular or square shape with a flat base, which allows for stable stacking and storage. They feature a screw-on or snap-on cap for secure sealing, as well as a built-in handle or grip for easy lifting and carrying.
- Color Coding: Jerry cans are often available in different colors to facilitate easy identification and segregation of different types of liquids. For example, red jerry cans are commonly used for storing and transporting flammable liquids such as gasoline, while blue jerry cans may be used for storing water or non-hazardous fluids.
Growth Factors
Vietnam’s plastic jerry can industry is anticipated to demonstrate a compound annual growth rate (CAGR) of 3.6% between 2023 and 2033, indicative of the sector’s gradual expansion. The impetus behind this growth stems from factors such as urbanization, an expanding middle class with increased purchasing power, and escalating demand across diverse sectors.
The plastic jerry can market in Vietnam is predominantly controlled by both domestic and international enterprises, leveraging established footholds and cost-effective production capabilities to assert dominance in the industry.
Distribution channels for plastic jerry cans encompass retail outlets, wholesalers, and direct business-to-business sales, with certain enterprises exploring export opportunities to neighboring countries. Intense competition prevails among corporations vying for market share, with pricing influenced by various factors, including material quality, design intricacies, and brand reputation.
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Key Market Players
- Tan Phu Vietnam Joint Stock Company
- Duy Tan Plastic Company
- ALPLA Group
- Nhat Tien Manufacturing & Trading Co.
- Vietnhat Plastics
- Chan Thuan Plastic
- Zonepack Vietnam Industrial Company Limited
- Vinh Thanh Plastic Company Limited
- Tp Plastics
- Viettien Plastic Company Limited
- Exel Plastech
- Oriental Plastic Company
- Thien Phong Trade Promotion Company Limited
- Thuan thiên Co., Ltd
- Thanh Phuc Plastic
- Hiep Thanh Plastic Production And Trading Joint Stock Company
Market Segmentation
By Material:
- HDPE
- PET
- PP
- PVC
By Capacity:
- Below 20 L
- 1 L to 5 L
- 5 L to 10 L
- 10 L to 20 L
- 20 L to 25 L
- Other Customized Capacities (Above 25 L)
By End-use:
- Oleo-chemicals
- Food and Beverage
- Flavors and Fragrances
- Paints, Industrial Coatings, Chemicals
- Petroleum and Lubricants
- Pharmaceuticals
- Agrochemicals
- Others (Cosmetics, Personal Care, Household)
By Sub-region:
- South Vietnam
- Central Vietnam
- North Vietnam
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