Vietnam’s Pad Printing Machine Market Analysis: Opportunities & TEFISEN's Role
[Abstract] With the rapid rise of Vietnam's manufacturing industry, the demand for efficient industrial equipment continues to grow, and Vietnam's pad printing machines are increasingly used in industries such as electronics, toys, cosmetics, and household consumer goods. In 2023, the market size for pad printing machines in Vietnam reached $150 million, and it is expected to grow to $230 million by 2028. TEFISEN established a subsidiary in Vietnam in 2024, further consolidating its position in the Southeast Asian market. I. Introduction: The Rise of Vietnam's Manufacturing Industry and the Demand for Pad Printing Machines With its low-cost manufacturing advantage, stable investment environment, and strong ties to international markets, Vietnam has rapidly eme...
