Go to the Southeast Asian country paint companies target market

Recently, Nippon Paint Group has started in Southeast Asia, North Vietnam, Vinh Phuc province build a third paint factory , construction area of ​​60,000 ha ( 60,000 square meters ) . The factory mainly produces automobile and motorcycle industry general industrial paints , marine coatings and resins. The next five years , the plant will reach a total investment capital of $ 14 million , will enroll approximately 500 local workers.Sellotape


In addition , professional paint manufacturers have recently started Hanjin built chemical plant in Vietnam river , producing specialty coatings for mobile devices . It is understood that the plant with a total gross floor area of ​​3,300 square meters, the production of coatings daily 2.2 tons . Products are mainly used for surface mobile devices , such as mobile phones and other surface protection .

In recent years , including coatings , including the transfer of manufacturing to Southeast Asia, the phenomenon has become the focus of public attention , while the manufacturing sector , " Southeastern " phenomenon, with a gradual increase in the current production cost of closely related ; seek lower cost is under the paint industry . " Southeast Asia , "the first result .

Since the mid- 1990s , the Vietnamese economy gradually entered a rapid growth track , with an average annual economic growth rate of 8% . ADB predicts Vietnam will become one of the next countries in Asia 's fastest growing economies . Vietnam 's booming construction market for the building materials industry has brought great business opportunities. Vietnam Ministry of Construction said that Vietnam has made ​​significant headway in building materials industry , the annual growth rate of 17% for Vietnam to enter the ranks of the world building fast development of the country .Washi tape


Fast-growing building materials market in Vietnam has also attracted the attention of the international giants . The first to enter the Vietnamese market is well-known paint brand Nippon Paint . The brand is now Vietnam 's most famous paint, paint brands. In 2004, the world's largest coatings manufacturer Akzo Nobel of the Netherlands set up plants in Vietnam, Ho Chi Minh , specializing in decorative paints . June 6, 2006 , the global marine and industrial protective coatings company - Danish Hempel coatings company in Vietnam near Ho Chi Minh City Vietnam Singapore Industrial Park to build a paint factory was inaugurated . The coating plant will produce coatings used in the fields of shipbuilding , chemical, steel buildings, etc. , especially in marine coatings .

Southeast Asian countries in addition to developing a broader market, one of the main reasons to seek cheaper manufacturing cost is transferred to Southeast Asia . "Compared with Southeast Asian countries, China's average labor costs are much higher ; addition, with the RMB exchange rate fluctuations, raw material prices, increased cost of other pressures such as ecological and environmental protection continue to increase , China's paint manufacturers to make money more easily , and above Southeast Asian countries coatings business objective to become the industrial transfer of foreign investment in depression . " an industry source said , compared to China , ASEAN countries, labor, land prices are cheaper . For example, in Cambodia, a production line worker 's wage costs about $ 400, without food, accommodation ; while land prices just $ 1 one square meter , which is labor-intensive enterprises are very attractive.Masking tape


In addition to production costs, industries supporting the market demand in Southeast Asia is one of those factors . "We established a factory in Vietnam to supply paint materials Samsung Electronics and other Southeast Asian consumers ." Hanjin Chemical executive ChoiJeonggu said. According to foreign media reports , Samsung Electronics Group invested $ 2 billion to build factories in northern Vietnam , a move aimed at further expanding its production base in Vietnam. It is understood that Samsung Electronics Group mainly produces mobile phones, digital cameras and laptops , which also requires the relevant supporting materials , so there is a market demand for coatings .Wholesale masking tape