DUYTAN PLASTICS

What DUYTAN PLASTICS does

Duy Tan Plastics is a Vietnamese plastic manufacturer founded in 1987 and headquartered in Ho Chi Minh City. It operates three product lines: household goods (storage containers, insulated bottles, kitchenware, and plastic furniture under the Matsu, Plaxury, Plassy, and Minice sub-brands), industrial products (steel-core and one-piece plastic pallets, crates, baskets, public wastebins, and shelving), and packaging solutions (cosmetic, food, pharmaceutical, and lubricant bottles and jars, plus PET preforms and caps). Production is built on injection molding, blow molding, and one-piece molding across three manufacturing sites in Ho Chi Minh City, Long An, and Binh Duong, with vertical integration through wholly-owned subsidiaries Duy Tan Mold (precision tooling) and MATA (color masterbatch). The company supplies Vietnamese consumers directly through three owned showrooms, an e-commerce webstore, and marketplace storefronts on Shopee, Lazada, Tiki, and TikTok Shop, and supplies multinational FMCG and pharmaceutical customers (Vinamilk, Nestlé, Pepsi, Carlsberg, Unilever, Sanofi, AstraZeneca, ROHTO) and industrial buyers in 30+ countries via direct export and authorized distributors.

The business model is overwhelmingly product-sales-driven: revenue streams consist of one-time sale of household goods, one-time sale of industrial products, one-time sale of packaging solutions, and mold manufacturing services. Consumer pricing is unit-based with promotional markdowns of 10-50%; B2B pricing is quote-based with multi-year contracts and volume discounts negotiated through dedicated hotlines for household, industrial, and Plaxury furniture lines. Distribution is hybrid: direct-to-consumer for retail and sales-led for B2B/industrial/export. The company holds ISCC PLUS certification for recycled plastics, National Brand certification (four consecutive terms, 2014-2020), 27 consecutive years of High Quality Vietnamese Product certification since 1997, and a Forbes Vietnam 2020 brand value of $2,040M USD; it is a member of the PRO Vietnam packaging recycling alliance.

Strategically, Duy Tan is positioning itself for the next phase of growth through sustainability-led packaging (the 2026 COCOON 100% recycled cosmetic packaging partnership), youth-targeted lifestyle sub-brands (the Matsu insulation bottle line launched March 2026), and deeper international distribution (the 2021 JSC Japan cooperation agreement). The stated ambition is to become the leading plastic manufacturer in ASEAN, anchored on Vietnam's largest plastics manufacturing base and a 36-year brand equity.

Name

DUYTAN PLASTICS

Legal name

Công ty Cổ Phần Sản Xuất Nhựa Duy Tân

Website

https://duytan.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Duy Tan Plastics is a Vietnamese plastic manufacturer founded in 1987, producing household goods, industrial products, and packaging solutions for Vietnamese consumers, multinational FMCG and pharmaceutical customers, and industrial buyers across 30+ countries.

Ownership category

akta.pro rank

Product category

Plastic Manufacturing

NAICS

Plastics Product Manufacturing (3261), Plastics Bottle Manufacturing (326160)

SIC

Miscellaneous Plastics Products (3080), Plastics Products, Nec (3089)

akta.pro primary industry

Extrusion Blow-Molded Containers (HDPE/PET Bottles & Jugs) (IMANAGAA)

akta.pro secondary industries

Rigid Cosmetic & Personal Care Plastic Packaging (Jars, Bottles, Compacts) (IMALAAAF), Pharmaceutical & Medical Plastic Packaging Manufacturing (IMANAEAK), Household & Institutional Rigid Plastic Packaging (Detergent, Cleaners) (IMALAAAH)

Keywords

• Plastic manufacturing
• Household plasticware
• Industrial pallets
• PET preforms
• Cosmetic packaging

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Product Sales - Household Goods: Sale of consumer plastic products including storage containers, water bottles, insulated bottles, cabinets, chairs, and kitchenware through showrooms and e-commerce channels.
2. Product Sales - Industrial Products: Sale of industrial plastic products including pallets, crates, baskets, containers, and public wastebins for businesses and manufacturing facilities.
3. Product Sales - Packaging Solutions: Custom packaging solutions for cosmetics, food, pharmaceutical, and lubricant industries including bottles, jars, preforms, and caps.
4. Mold Manufacturing: Precision mold manufacturing services through subsidiary Duy Tan Mold for plastic production tooling.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Duy Tan Plastics is a Vietnamese plastic manufacturer that produces three integrated product lines: household consumer goods (storage containers, water bottles, insulated bottles, furniture, and kitchenware under sub-brands Matsu, Plaxury, and Plassy), industrial products (plastic pallets, crates, baskets, containers, tool shelves, and public dustbins), and packaging solutions (cosmetic, food, pharmaceutical, chemical, and lubricant bottles, jars, PET preforms, and caps/closures) using injection molding, blow molding, and one-piece molding processes.

Product overview

Duy Tan Plastics is a comprehensive plastic manufacturing company producing three main product lines: Household Products (including PET products, Matsu thermal bottles, Plaxury outdoor furniture, Plassy, furniture cabinets, 2-color products, kids products, and U Glass), Industrial Products (pallets, crates, baskets, containers, tool shelves, and public dustbins), and Packaging Products (cosmetic, chemical, food, pharmaceutical, and lubricant packaging including PET preforms, caps, and closures). The company operates as a single unified manufacturing operation rather than a platform-plus-modules architecture, with products organized by end-use category and distributed through showrooms, online store, and marketplace partners.

Differentiator

Problem solved

Functional benefit

Brands

• Matsu: Sub-brand offering insulated bottles, water bottles, and household storage products
• Plaxury
• Plassy
• Minice
• Plassy

Products and services

• Household Plastic Products (Sản Phẩm Gia Dụng) Consumer plastic products including storage containers, thermal bottles, water bottles, waste bins, and household organization items sold to individual consumers through showrooms, webstore, and marketplaces.
• PET Products (Sản Phẩm PET) PET plastic bottles, containers, and preforms for water, beverages, and food storage applications.
• Matsu Insulated Bottles and Drinkware Thermal insulation bottles, tumblers, and drinkware products under the Matsu sub-brand, including the launched Matsu insulation bottle collection for active youth.
• Plaxury Outdoor Furniture Premium plastic outdoor furniture including chairs, tables, and picnic items designed for durability and weather resistance under the Plaxury sub-brand.
• Plastic Furniture and Storage Cabinets (Nội Thất) Plastic wardrobes, cabinets, shelves, and storage furniture for homes including the Tabi, Wing, Mina, and Kata product series.
• Industrial Plastic Pallets Industrial plastic pallets for warehousing, logistics, and storage applications including steel-core pallets, one-piece pallets, and rack pallets, with up to 10x longer lifespan than wood pallets.
• Industrial Crates and Large Baskets Plastic crates and containers for industrial and agricultural use, plus large plastic baskets for storage and transport.
• Public Dustbins Public waste bins and trash receptacles for outdoor and commercial use, including the 40L two-compartment step-on bin launched for waste sorting.
• Cosmetic Packaging Solutions Plastic packaging solutions for cosmetics and personal care products including bottles, jars, and closures, with a 100% recycled plastic variant for sustainability-focused brands.
• Food Packaging Food-grade plastic packaging including containers and jars for food storage, supplied to leading F&B brand owners.
• Pharmaceutical Packaging Plastic packaging for pharmaceutical products meeting food-safety and pharmaceutical-grade standards, plus cold storage pallets for vaccine logistics.
• Chemical and Lubricant Packaging Plastic packaging for chemical products designed for chemical resistance, and plastic packaging for lubricants and oils.
• PET Preforms (Phôi PET) PET preforms used as inputs for blow molding bottles for beverages, water, and food products, produced using automated CNC machines.
• Caps and Closures (Nắp - Nút) Plastic caps and closures manufactured for various container types, sold to packaging customers.
• Precision Mold Manufacturing (Duy Tan Mold) Precision mold manufacturing services for plastic production tooling, delivered through the wholly-owned subsidiary Duy Tan Mold (Khuôn Chính Xác).

Quantifiable outcome

• Products exported to 30+ countries including demanding markets like USA, Japan, and Europe
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• COCOONcoreStrategic or Co-development Partner · 16 June 2026Duy Tan collaborates with COCOON to deploy 100% recycled plastic cosmetics packaging solutions. This partnership represents Duy Tan's commitment to sustainable development and circular economy principles, providing eco-friendly packaging options for the cosmetics industry.
• JSC (Japan Small and Medium Enterprise Development)coreStrategic or Co-development Partner · 12 March 2021Strategic cooperation agreement signed in March 2021 for business development collaboration. JSC's sales network helps expand Duy Tan's distribution domestically and internationally, particularly for industrial products like pallets and plastic crates. The partnership leverages JSC's market reach to promote Duy Tan's typical industrial products.
• PRO Vietnam (Vietnam Packaging Recycling Alliance)coreStrategic or Co-development PartnerDuy Tan participates as a member of PRO Vietnam packaging recycling alliance, contributing to circular economy initiatives and sustainable packaging development in Vietnam.

Scale indicators9 records

Recent moves5 records

Expansion highlights7 records

Broad incumbents

• Amcor plc: Global flexible and rigid plastic packaging leader serving the same multinational FMCG, healthcare, and personal-care customers that Duy Tan supplies — sets the global benchmark for sustainable packaging that Duy Tan's ISCC PLUS line competes against.
• Sonoco Products Company: Global diversified packaging manufacturer serving consumer, industrial, and healthcare end-markets — comparable to Duy Tan on the B2B industrial and FMCG packaging mix, though with a primarily U.S. manufacturing footprint.
• SCG (Siam Cement Group): Large Thai conglomerate with a significant packaging arm (SCGP) producing rigid plastic and paper-based packaging across ASEAN — a broader incumbent that competes with Duy Tan on Vietnamese and regional FMCG packaging accounts.
• ALPLA - Werke Alwin Lehner GmbH: Austrian-headquartered global rigid plastic packaging manufacturer with extensive operations in Southeast Asia — competes with Duy Tan on B2B packaging for multinational FMCG and personal-care brands across the region.
• Berry Global Group (Amcor): Global plastic packaging manufacturer (now part of Amcor) producing rigid containers, bottles, and consumer packaging — competing on multinational FMCG rigid-packaging accounts that overlap with Duy Tan's customer roster.

Direct peers

• My Thuy Song Hong Plastic Group: Vietnamese plastic packaging group producing household and industrial plastic products for domestic and export markets — a domestic competitor overlapping with Duy Tan across multiple consumer and industrial SKUs.
• Dong A Plastic Joint Stock Company (DPG): Largest HOSE-listed Vietnamese plastic manufacturer with broadly comparable portfolio spanning household goods, construction plastics, and packaging — most directly comparable to Duy Tan on geography, product breadth, and B2B/B2C mix.
• Tien Phong Plastic Joint Stock Company (NTP): HOSE-listed Vietnamese plastic packaging producer focused on FMCG, food, and consumer goods packaging — direct competitor to Duy Tan's B2B packaging line across overlapping FMCG accounts and PET bottle SKUs.
• Binh Minh Plastic Joint Stock Company (BMP): HOSE-listed Vietnamese manufacturer of plastic pipes, fittings, and rigid packaging serving construction, industrial, and FMCG customers — overlapping with Duy Tan's industrial and B2B packaging segments in the same domestic market.
• Rang Dong Plastic Joint Stock Company (RDP): HOSE-listed Vietnamese plastic housewares brand with similar consumer-product mix to Duy Tan's Plassy and household segments, competing for the same retail shelf, showrooms, and Vietnamese household wallet.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@nhuaduytan
• Facebookfacebook.com/DuyTan.Plastics.Corp
• TikToktiktok.com/@nhuaduytan
• Xx.com/DuyTan11873290
• LinkedInlinkedin.com/company/duy-tan-plastics-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DUYTAN PLASTICS