Vietnam Apparel & Textile Machinery Market (2025-2031) | Trends, Industry, Outlook, Forecast, Analysis,Revenue, Size, Value, Growth, Share & Companies

Market Forecast By Machine Types (Spinning Machine, Weaving Machine, Knitting Machine, Texturing Machine), By Applications (Textile Industry, Clothing Industry), By Raw Material Types (Wool, Cotton, Cellulosic, Polypropylene, Acrylic, Others) And Competitive Landscape

Product Code: ETC004262 Publication Date: Sep 2020 Updated Date: Dec 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Vietnam Apparel & Textile Machinery Market Highlights

Report Name Vietnam Apparel & Textile Machinery Market
Forecast period 2025-2031
CAGR 11%
Growing Sector Clothing Industry Segment

Topics Covered in Vietnam Apparel & Textile Machinery Market Report

The Vietnam Apparel & Textile Machinery Market report thoroughly covers the market by machine types, applications and raw material types. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Vietnam Apparel & Textile Machinery Market Synopsis

The Vietnam Apparel & Textile Machinery Market is expected to experience a steady growth during the forecast period. This growth can be attributed to various factors such as increasing disposable income, changing consumer preferences towards branded clothing, and government initiatives promoting the development of the textile industry.

According to 6Wresearch, Vietnam Apparel & Textile Machinery Market size is expected to grow at a CAGR 11% during 2025-2031. Vietnam's highly skilled and competitive labor force is one of the primary factors propelling the country's garment and textile industry's expansion. With almost 60% of the population under 35, the nation boasts a sizable pool of youthful, educated laborers. Because of its favorable demographics and low labor costs, it is a desirable location for clothing makers.

Vietnam's textile and garment sector has grown significantly, yet there are still issues that must be resolved if it is to continue growing. The growing cost of labor is a significant issue as the nation's economy expands and wages rise. As a result, manufacturing processes are now more automated and technologically advanced, requiring more financial outlays.

Vietnam Apparel & Textile Machinery Market Leading Players

The apparel and textile industry in Vietnam is highly competitive, with both domestic and international players vying for market share. Some of the key players in the market include Vinatex, Viet Tien Garment Corporation, and Garment 10 Corporation. These companies have a strong presence in the local market and also export their products globally to countries such as the United States, Japan, and Europe.

Vietnam Apparel & Textile Machinery Market Government Regulations

The Vietnamese government has played a crucial role in supporting the growth of the apparel and textile industry. It has implemented policies that promote foreign investment, provide incentives for businesses, and improve infrastructure and logistics capabilities. The government has also signed various trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the European Union-Vietnam Free Trade Agreement (EVFTA), which have opened up new markets for Vietnamese textile exports.

Future Insights of the Market

Vietnam's garment and textile industry appears to have a bright future because to its supportive government, competent workforce, and business-friendly climate. It is anticipated that the business will continue to grow in the upcoming years due to rising consumer demand for goods that are produced sustainably and ethically. In order to increase productivity and cut expenses, there will also be a stronger emphasis on automating and integrating technology into production processes. Vietnam is positioned to become into a significant player in the global apparel market in the years to come as it continues to establish itself as a top exporter of clothing. All things considered, enterprises wishing to enter or increase their position in this vibrant industry will find plenty of opportunity in Vietnam's garment and textile machinery market. 

Market Segmentation by Machine Types

According to Dhaval, Research Manager, 6Wresearch, The weaving machine segment is experiencing high demand in the Vietnamese apparel and textile machinery market. This can be attributed to the increase in production of woven garments, which are popular among consumers for their durability and versatility. With the growing demand for woven products, there is an increasing need for advanced and efficient weaving machines, making this segment a key driver of growth in the market.  So if you are looking to invest in the Vietnamese apparel and textile machinery industry, focusing on weaving machines could be a profitable decision.  Overall, it is important to closely monitor market trends and consumer preferences to identify other potential segments with high growth potential.

Market Segmentation by Applications

The clothing industry is the segment that is growing in demand in the Vietnamese apparel and textile machinery market. As Vietnam's garment exports continue to rise, driven by increasing demand from international markets, there is a corresponding increase in demand for machinery used in the production of clothing items. This includes sewing machines, cutting machines, and finishing equipment. With Vietnam being one of the world's largest exporters of garments, this segment is expected to see sustained growth in the coming years. Businesses looking to enter or expand their presence in this market should consider investing in machinery specifically designed for clothing production.

Market Segmentation by Raw Material Types

Cotton is the raw material type that is currently in high demand in the Vietnamese apparel and textile machinery market. This is due to its widespread use in the production of garments, particularly t-shirts, which are a major export product for Vietnam. As the country aims to increase its self-sufficiency in cotton production, there will be an even greater need for advanced machinery to process this raw material efficiently. Investing in machinery specifically designed for cotton processing can therefore be a lucrative opportunity for businesses operating in this market. Other raw materials such as wool and cellulosic fibers also have potential for growth, as consumer demand shifts towards sustainable and eco-friendly materials.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Running from 2021 to 2024.
  • Base Year 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Affecting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Vietnam Apparel & Textile Machinery Market Overview
  • Vietnam Apparel & Textile Machinery Market Outlook
  • Market Size of Vietnam Apparel & Textile Machinery Market, 2024
  • Forecast of Vietnam Apparel & Textile Machinery Market, 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Revenues & Volume for the Period 2021 - 2031
  • Vietnam Apparel & Textile Machinery Market Trend Evolution
  • Vietnam Apparel & Textile Machinery Market Drivers and Challenges
  • Vietnam Apparel & Textile Machinery Price Trends
  • Vietnam Apparel & Textile Machinery Porter's Five Forces
  • Vietnam Apparel & Textile Machinery Industry Life Cycle
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Machine Types for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Spinning Machine for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Weaving Machine for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Knitting Machine for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Texturing Machine for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Applications for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Textile Industry for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Clothing Industry for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Raw Material Types for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Wool for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Cotton for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Cellulosic for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Polypropylene for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Acrylic for the Period 2021 - 2031
  • Historical Data and Forecast of Vietnam Apparel & Textile Machinery Market Revenues & Volume By Others for the Period 2021 - 2031
  • Vietnam Apparel & Textile Machinery Import Export Trade Statistics
  • Market Opportunity Assessment By Machine Types
  • Market Opportunity Assessment By Applications
  • Market Opportunity Assessment By Raw Material Types
  • Vietnam Apparel & Textile Machinery Top Companies Market Share
  • Vietnam Apparel & Textile Machinery Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Apparel & Textile Machinery Company Profiles
  • Vietnam Apparel & Textile Machinery Key Strategic Recommendations

Markets Covered

The Vietnam Apparel & Textile Machinery Market report provides a detailed analysis of the following market segments

By Machine Types

  • Spinning Machine
  • Weaving Machine
  • Knitting Machine
  • Texturing Machine

By Applications

  • Textile Industry
  • Clothing Industry

By Raw Material Types 

  • Wool
  • Cotton
  • Cellulosic
  • Polypropylene
  • Acrylic
  • Others

Vietnam Apparel & Textile Machinery Market (2025-2031): FAQs

Rising labor costs, compliance with regulations, and the need for continuous innovation and technology upgrades.
Vinatex, Viet Tien Garment Corporation, and Garment 10 Corporation are some key players in the market.
The government has implemented policies to promote foreign investment, provide incentives for businesses, and improve infrastructure. It has also signed trade agreements that open up new markets for Vietnamese exports.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
Table of Contents
1. Executive Summary
2. Introduction
2.1. Key Highlights of the Report
2.2. Report Description
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. Vietnam Apparel & Textile Machinery Market Overview
3.1. Vietnam Country Macro Economic Indicators
3.2. Vietnam Apparel & Textile Machinery Market Revenues & Volume, 2021 & 2031F
3.3. Vietnam Apparel & Textile Machinery Market - Industry Life Cycle
3.4. Vietnam Apparel & Textile Machinery Market - Porter's Five Forces
3.5. Vietnam Apparel & Textile Machinery Market Revenues & Volume Share, By Machine Types, 2021 & 2031F
3.6. Vietnam Apparel & Textile Machinery Market Revenues & Volume Share, By Applications, 2021 & 2031F
3.7. Vietnam Apparel & Textile Machinery Market Revenues & Volume Share, By Raw Material Types, 2021 & 2031F
4. Vietnam Apparel & Textile Machinery Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Vietnam Apparel & Textile Machinery Market Trends
6. Vietnam Apparel & Textile Machinery Market, By Types
6.1. Vietnam Apparel & Textile Machinery Market, By Machine Types
6.1.1 Overview and Analysis
6.1.2. Vietnam Apparel & Textile Machinery Market Revenues & Volume, By Machine Types, 2021 - 2031F
6.1.3. Vietnam Apparel & Textile Machinery Market Revenues & Volume, By Spinning Machine, 2021 - 2031F
6.1.4. Vietnam Apparel & Textile Machinery Market Revenues & Volume, By Weaving Machine, 2021 - 2031F
6.1.5. Vietnam Apparel & Textile Machinery Market Revenues & Volume, By Knitting Machine, 2021 - 2031F
6.1.6. Vietnam Apparel & Textile Machinery Market Revenues & Volume, By Texturing Machine , 2021 - 2031F
6.2. Vietnam Apparel & Textile Machinery Market, By Applications
6.2.1. Overview and Analysis
6.2.2. Vietnam Apparel & Textile Machinery Market Revenues & Volume, By Textile Industry, 2021 - 2031F
6.2.3. Vietnam Apparel & Textile Machinery Market Revenues & Volume, By Clothing Industry, 2021 - 2031F
6.3. Vietnam Apparel & Textile Machinery Market, By Raw Material Types
6.3.1. Overview and Analysis
6.3.2. Vietnam Apparel & Textile Machinery Market Revenues & Volume, By Wool, 2021 - 2031F
6.3.3 Vietnam Apparel & Textile Machinery Market Revenues & Volume, By Cotton, 2021 - 2031F
6.3.4. Vietnam Apparel & Textile Machinery Market Revenues & Volume, By Cellulosic, 2021 - 2031F
6.3.5. Vietnam Apparel & Textile Machinery Market Revenues & Volume, By Polypropylene, 2021 - 2031F
6.3.6. Vietnam Apparel & Textile Machinery Market Revenues & Volume, By Acrylic, 2021 - 2031F
6.3.7. Vietnam Apparel & Textile Machinery Market Revenues & Volume, By Others, 2021 - 2031F
7. Vietnam Apparel & Textile Machinery Market Import-Export Trade Statistics
7.1. Vietnam Apparel & Textile Machinery Market Export to Major Countries
7.2. Vietnam Apparel & Textile Machinery Market Imports from Major Countries
8. Vietnam Apparel & Textile Machinery Market Key Performance Indicators
9. Vietnam Apparel & Textile Machinery Market - Opportunity Assessment
9.1. Vietnam Apparel & Textile Machinery Market Opportunity Assessment, By Machine Types, 2021 & 2031F
9.2. Vietnam Apparel & Textile Machinery Market Opportunity Assessment, By Applications, 2021 & 2031F
9.3. Vietnam Apparel & Textile Machinery Market Opportunity Assessment, By Raw Material Types, 2021 & 2031F
10. Vietnam Apparel & Textile Machinery Market - Competitive Landscape
10.1. Vietnam Apparel & Textile Machinery Market Revenue Share, By Companies, 2024
10.2. Vietnam Apparel & Textile Machinery Market Competitive Benchmarking, By Operating and Technical Parameters
11. Company Profiles
12. Recommendations
13. Disclaimer
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