Customers often focus on the price when considering Vietnamese packing plywood. This type of plywood from Vietnam has gained a strong reputation and popularity worldwide due to its competitive pricing, which contributes to economic efficiency for customers. So, why is Vietnam packing plywood cheaper than in other countries? Let’s explore this in the following article.
1. What is Packing Plywood?
Packing plywood is a type of industrial plywood made from natural wood, known for its hardness and strength. It is widely used today, primarily for packaging purposes as its name suggests. Finished plywood panels can be used to make pallets, boxes for goods, machinery, and electronic components. Additionally, packing plywood is utilized in construction for applications such as partitions, temporary houses, and factories.
Looking for more information about plywood packing: https://vietnamplywood.vn/packing-plywood/
2. The reason why Vietnamese packing plywood is cheaper than other countries?
A/ Material
Vietnam has numerous advantages when it comes to wood materials, as forests cover three-quarters of the country’s land area and it is situated in a tropical monsoon climate. The abundant supply of raw materials across the country reduces transportation costs, resulting in lower plywood prices.
Wooden forests in Bac Kan province
Thanks to favorable conditions of nature, the species of wood are very diverse, especially hardwood which creates the solidity of Vietnam packing plywood
B/Vietnam’s Technicality
Vietnamese packing plywood factories focus on streamlining processes and maximizing production efficiency. This approach minimizes production costs, thereby creating a competitive advantage for their products.
C/Vietnamese Cheap labor cost
Vietnam is a developing country with a young population density who are of working age. That will lead to abundant human resources and factories can hire the best workers at a cheaper labor cost.
The advantage of labor is one of the important reasons which help Vietnam packing plywood famous for its cheap price and high quality in over the world.
D/ Vietnamese Government policy
Vietnam is also a country that upholds the spirit of peace and friendship, so political security is very stable, facilitating the circulation of goods.
With the policy of being an open market economy, ready to do business with countries around the world, the Vietnamese government always has open-door policies to promote the trade of goods. Therefore, plywood is an export duty-free commodity in Vietnam, this is also the reason why Vietnam packing plywood prices are competitive in the market.
E/High production volume
Vietnam plywood factories are constantly improving machines to advance product quality as well as work efficiency. Therefore, we can ready to receive a huge order from our partners, commit the quality standard and delivery time.
In conclusion, there is an abundance of reasons which help Vietnamese packing plywood is cheaper to compete in the market compared to plywood manufactured in other countries.
