Vietnam Retail Market
Segments - by Product Types (Food, Beverage, & Tobacco; Personal Care & Households; Industrial & Automotive; Furniture, Toys, & Hobby; Electrical & Electronics; Apparel, Footwear, & Accessories; and Others), Distribution Channels (Hypermarkets/Supermarkets, Department Store, Specialty Stores, E-commerce, and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The Vietnam Retail market size is projected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising tourism activities, increasing disposable income, changing consumer taste and preferences, changing demographic profile, healthy economic growth, and rapid urbanization.
Retail market is the market for the sale of goods and services to various consumers rather than intermediaries and producers through various channels of distribution to earn the profits. Retail shops are available in various ranges from strip shopping centers in the residential markets to large and indoor shopping malls and complexes. Wholesalers are the independent organizations in the distribution channel, which buy the goods in bulk and then sell it to the resellers rather than consumers.
The retail market includes sale of goods to the ultimate users which gives the services of making goods available in different locations and large quantities. It involves the buying of goods from wholesalers and then displaying the goods for selling it to the customers physically or online. Wholesalers and retailers take the ownership of the goods to bear the risk of carrying inventory.
Market Trends, Drivers, Restraints, and Opportunities
- Rapid growth in the retail data is major factor propelling the market growth during the forecast period.
- Increasing digitization to enhance customer experience and retail operations is projected to push the market expansion in the coming years.
- Lack of technology adoption by various unorganized retail sector acts as key challenges that can impede the market growth.
- Data deficit faced in the retail market is anticipated to hinder the market expansion during the forecast period.
- R&D investment and technological advancement in the retail sector is expected to offer significant opportunities for the market players.
Scope of the Report
The report on the Vietnam Retail market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
Vietnam Retail Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Product Types (Food, Beverage, & Tobacco; Personal Care & Households; Industrial & Automotive; Furniture, Toys, & Hobby; Electrical & Electronics; Apparel, Footwear, & Accessories; and Others), Distribution Channels (Hypermarkets/Supermarkets, Department Store, Specialty Stores, E-commerce, and Others) |
|
Country |
Vietnam |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
Central Group; Vin Group; Saigon Co. Op; AEON Group; and Lotte Mart |
Market Segment Insights:
Personal care & households segment is projected to account for a large market share
Based on product types, the Vietnam Retail market is divided into food, beverage, & tobacco; personal care & households; industrial & automotive; furniture, toys, & hobby; electrical & electronics; apparel, footwear, & accessories; and others. The personal care & households segment is expected to constitute a key share of the market during the forecast period owing to increasing demand for natural personal care products, increasing income, and growing demand for household goods in the country. However, the food, beverage, & tobacco segment is anticipated to expand at a rapid pace during the forecast period due to rising population is growing demand for the foods and beverages.
E-commerce segment is projected to hold a key market share
On the basis of distribution channels, the market is segmented into hypermarkets/supermarkets, department store, specialty stores, e-commerce, and others. The e-commerce segment is expected to represent a key share of the market in the coming years due to increasing Smartphone penetration and rising usage of internet across the countries. The number of suppliers for online selling is increasing and changing purchasing power of the consumers is expected to drive the market. The rising new trend such as online fresh groceries and rising adoption of internet of things is anticipated to boost the market. On the other hand, the supermarkets/hypermarkets segment is anticipated to expand at a rapid pace during the forecast period owing to access to variety of consumer goods under one roof with flexible timings and various discount offers available.
Segments
Segments Covered in the Report
The Vietnam Retail market has been segmented on the basis of
Product Types
- Food, Beverage, & Tobacco
- Personal Care & Households
- Industrial & Automotive
- Furniture, Toys, & Hobby
- Electrical & Electronics
- Apparel, Footwear, & Accessories
- Others
Distribution Channels
- Hypermarkets/Supermarkets
- Department Store
- Specialty Stores
- E-commerce
- Others
Country
- Vietnam
Key Players
- Central Group
- Vin Group
- Saigon Co. Op
- AEON Group
- Lotte Mart
Competitive Landscape
Key players competing in the Vietnam Retail market include Central Group; Vin Group; Saigon Co. Op; AEON Group; and Lotte Mart. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instance,
- In 2020, Vinamik and GTNFoods became Moc Chau Milk’s strategic stakeholder after they acquired more than 39 million shares of the company.
- In July 2020, Muji the leading Japanese retailer opened a store in HCM city.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Retail Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Retail Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Retail Market - Supply Chain
4.5. Global Retail Market Forecast
4.5.1. Retail Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Retail Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Retail Market Absolute $ Opportunity
5. Global Retail Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Retail Market Size and Volume Forecast by Types
5.3.1. Food, Beverage, & Tobacco
5.3.2. Personal Care & Households
5.3.3. Industrial & Automotive
5.3.4. Furniture, Toys, & Hobby
5.3.5. Electrical & Electronics
5.3.6. Apparel, Footwear, & Accessories
5.3.7. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Retail Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Retail Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Retail Demand Share Forecast, 2019-2026
7. North America Retail Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Retail Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Retail Market Size and Volume Forecast by Types
7.4.1. Food, Beverage, & Tobacco
7.4.2. Personal Care & Households
7.4.3. Industrial & Automotive
7.4.4. Furniture, Toys, & Hobby
7.4.5. Electrical & Electronics
7.4.6. Apparel, Footwear, & Accessories
7.4.7. Others
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Retail Demand Share Forecast, 2019-2026
8. Latin America Retail Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Retail Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Retail Market Size and Volume Forecast by Types
8.4.1. Food, Beverage, & Tobacco
8.4.2. Personal Care & Households
8.4.3. Industrial & Automotive
8.4.4. Furniture, Toys, & Hobby
8.4.5. Electrical & Electronics
8.4.6. Apparel, Footwear, & Accessories
8.4.7. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Retail Demand Share Forecast, 2019-2026
9. Europe Retail Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Retail Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Retail Market Size and Volume Forecast by Types
9.4.1. Food, Beverage, & Tobacco
9.4.2. Personal Care & Households
9.4.3. Industrial & Automotive
9.4.4. Furniture, Toys, & Hobby
9.4.5. Electrical & Electronics
9.4.6. Apparel, Footwear, & Accessories
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Retail Demand Share Forecast, 2019-2026
10. Asia Pacific Retail Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Retail Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Retail Market Size and Volume Forecast by Types
10.4.1. Food, Beverage, & Tobacco
10.4.2. Personal Care & Households
10.4.3. Industrial & Automotive
10.4.4. Furniture, Toys, & Hobby
10.4.5. Electrical & Electronics
10.4.6. Apparel, Footwear, & Accessories
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Retail Demand Share Forecast, 2019-2026
11. Middle East & Africa Retail Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Retail Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Retail Market Size and Volume Forecast by Types
11.4.1. Food, Beverage, & Tobacco
11.4.2. Personal Care & Households
11.4.3. Industrial & Automotive
11.4.4. Furniture, Toys, & Hobby
11.4.5. Electrical & Electronics
11.4.6. Apparel, Footwear, & Accessories
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Retail Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Retail Market: Market Share Analysis
12.2. Retail Distributors and Customers
12.3. Retail Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Central Group
12.4.2. Vin Group
12.4.3. Saigon Co. Op
12.4.4. AEON Group
12.4.5. Lotte Mart
2. Assumptions and Acronyms Used
3. Research Methodology
4. Retail Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Retail Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Retail Market - Supply Chain
4.5. Global Retail Market Forecast
4.5.1. Retail Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Retail Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Retail Market Absolute $ Opportunity
5. Global Retail Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Retail Market Size and Volume Forecast by Types
5.3.1. Food, Beverage, & Tobacco
5.3.2. Personal Care & Households
5.3.3. Industrial & Automotive
5.3.4. Furniture, Toys, & Hobby
5.3.5. Electrical & Electronics
5.3.6. Apparel, Footwear, & Accessories
5.3.7. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Retail Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Retail Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Retail Demand Share Forecast, 2019-2026
7. North America Retail Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Retail Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Retail Market Size and Volume Forecast by Types
7.4.1. Food, Beverage, & Tobacco
7.4.2. Personal Care & Households
7.4.3. Industrial & Automotive
7.4.4. Furniture, Toys, & Hobby
7.4.5. Electrical & Electronics
7.4.6. Apparel, Footwear, & Accessories
7.4.7. Others
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Retail Demand Share Forecast, 2019-2026
8. Latin America Retail Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Retail Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Retail Market Size and Volume Forecast by Types
8.4.1. Food, Beverage, & Tobacco
8.4.2. Personal Care & Households
8.4.3. Industrial & Automotive
8.4.4. Furniture, Toys, & Hobby
8.4.5. Electrical & Electronics
8.4.6. Apparel, Footwear, & Accessories
8.4.7. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Retail Demand Share Forecast, 2019-2026
9. Europe Retail Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Retail Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Retail Market Size and Volume Forecast by Types
9.4.1. Food, Beverage, & Tobacco
9.4.2. Personal Care & Households
9.4.3. Industrial & Automotive
9.4.4. Furniture, Toys, & Hobby
9.4.5. Electrical & Electronics
9.4.6. Apparel, Footwear, & Accessories
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Retail Demand Share Forecast, 2019-2026
10. Asia Pacific Retail Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Retail Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Retail Market Size and Volume Forecast by Types
10.4.1. Food, Beverage, & Tobacco
10.4.2. Personal Care & Households
10.4.3. Industrial & Automotive
10.4.4. Furniture, Toys, & Hobby
10.4.5. Electrical & Electronics
10.4.6. Apparel, Footwear, & Accessories
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Retail Demand Share Forecast, 2019-2026
11. Middle East & Africa Retail Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Retail Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Retail Market Size and Volume Forecast by Types
11.4.1. Food, Beverage, & Tobacco
11.4.2. Personal Care & Households
11.4.3. Industrial & Automotive
11.4.4. Furniture, Toys, & Hobby
11.4.5. Electrical & Electronics
11.4.6. Apparel, Footwear, & Accessories
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Retail Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Retail Market: Market Share Analysis
12.2. Retail Distributors and Customers
12.3. Retail Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Central Group
12.4.2. Vin Group
12.4.3. Saigon Co. Op
12.4.4. AEON Group
12.4.5. Lotte Mart
Our Clients
Related Reports
Some other reports from this category!
