Product Code: ETC319770 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Color Cosmetics Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 13.32% in 2025, climbs to a high of 15.31% in 2028, and moderates to 14.11% by 2029.
The Color Cosmetics market in Vietnam is projected to grow at a exponential growth rate of 15.18% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Vietnam color cosmetics market has experienced substantial growth driven by changing beauty trends, urbanization, and increased disposable incomes. Both domestic and international cosmetic brands compete in this market, offering a wide range of products to cater to diverse consumer preferences. The market`s growth is also influenced by marketing strategies, product innovation, and consumer awareness of cosmetic trends.
The Vietnam color cosmetics market has witnessed remarkable growth due to several factors. Firstly, changing consumer lifestyles and increasing disposable incomes have led to an upsurge in the demand for cosmetics, including makeup products. The beauty and personal care industry in Vietnam has become increasingly competitive, with both international and domestic brands vying for market share. Furthermore, the influence of social media and celebrity endorsements has played a significant role in boosting the sales of color cosmetics. The market`s growth is also driven by a growing awareness of skincare and beauty products among Vietnamese consumers, who are now seeking more sophisticated and diverse cosmetic options.
The Vietnam color cosmetics market has been experiencing challenges related to intense competition and rapidly changing consumer preferences. As the market becomes more crowded, companies need to invest heavily in marketing and product innovation to stand out. Additionally, the rising awareness of environmental sustainability and ethical concerns has put pressure on cosmetics manufacturers to develop eco-friendly packaging and products, adding complexity and costs to their operations.
In the Vietnam color cosmetics market, the COVID-19 pandemic initially led to a decline in sales as lockdowns and remote work reduced the demand for makeup products. Consumer priorities shifted towards skincare and self-care routines. Brands in the cosmetics industry responded by launching skincare lines and adapting their marketing strategies to focus on natural beauty and wellness. As restrictions eased, there was a gradual recovery in the market, with consumers seeking products that offered convenience and long-lasting wear for occasional use. The pandemic accelerated the trend of e-commerce in cosmetics retail, with many consumers turning to online shopping for their beauty needs.
In the Vietnam color cosmetics market, well-established brands like BeautyGlow Vietnam and ColorTrend Cosmetics have been at the forefront, offering a wide range of makeup and beauty products that cater to diverse consumer preferences.
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 Color Cosmetics Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Color Cosmetics Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Color Cosmetics Market - Industry Life Cycle |
3.4 Vietnam Color Cosmetics Market - Porter's Five Forces |
3.5 Vietnam Color Cosmetics Market Revenues & Volume Share, By Target Market, 2021 & 2031F |
3.6 Vietnam Color Cosmetics Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
3.7 Vietnam Color Cosmetics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Color Cosmetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Color Cosmetics Market Trends |
6 Vietnam Color Cosmetics Market, By Types |
6.1 Vietnam Color Cosmetics Market, By Target Market |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Color Cosmetics Market Revenues & Volume, By Target Market, 2021-2031F |
6.1.3 Vietnam Color Cosmetics Market Revenues & Volume, By Prestige Products, 2021-2031F |
6.1.4 Vietnam Color Cosmetics Market Revenues & Volume, By Mass Products, 2021-2031F |
6.2 Vietnam Color Cosmetics Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Color Cosmetics Market Revenues & Volume, By Offline, 2021-2031F |
6.2.3 Vietnam Color Cosmetics Market Revenues & Volume, By Online, 2021-2031F |
6.3 Vietnam Color Cosmetics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Color Cosmetics Market Revenues & Volume, By Nail Products, 2021-2031F |
6.3.3 Vietnam Color Cosmetics Market Revenues & Volume, By Hair Products, 2021-2031F |
6.3.4 Vietnam Color Cosmetics Market Revenues & Volume, By Lip Products, 2021-2031F |
6.3.5 Vietnam Color Cosmetics Market Revenues & Volume, By Face Products, 2021-2031F |
6.3.6 Vietnam Color Cosmetics Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Color Cosmetics Market Import-Export Trade Statistics |
7.1 Vietnam Color Cosmetics Market Export to Major Countries |
7.2 Vietnam Color Cosmetics Market Imports from Major Countries |
8 Vietnam Color Cosmetics Market Key Performance Indicators |
9 Vietnam Color Cosmetics Market - Opportunity Assessment |
9.1 Vietnam Color Cosmetics Market Opportunity Assessment, By Target Market, 2021 & 2031F |
9.2 Vietnam Color Cosmetics Market Opportunity Assessment, By Distribution, 2021 & 2031F |
9.3 Vietnam Color Cosmetics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Color Cosmetics Market - Competitive Landscape |
10.1 Vietnam Color Cosmetics Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Color Cosmetics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |