Product Code: ETC019010 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Vietnam Electric Plugs And Sockets market currently, in 2023, has witnessed an HHI of 3134, Which has decreased slightly as compared to the HHI of 4816 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Vietnam electric plugs and sockets market experienced significant growth between 2025 and 2031, owing to rapid urbanization, industrialization, and increasing electricity demand. As the country`s economy expanded, there was a surge in the use of electrical appliances and devices, thereby driving the demand for electric plugs and sockets.
Several factors fueled the growth of the electric plugs and sockets market in Vietnam. Firstly, the rising per capita income and improving living standards led to an increased adoption of electronic gadgets and household appliances, creating a robust market for various types of plugs and sockets. Moreover, the government`s initiatives to enhance infrastructure and electrification in rural areas further bolstered market growth. Additionally, the growing tourism sector attracted investments in hotels, resorts, and commercial establishments, further boosting the demand for electric plugs and sockets.
Despite the favorable market conditions, the Vietnam electric plugs and sockets market also faced some challenges. One significant challenge was the prevalence of counterfeit electrical products in the market, which posed safety risks and hampered the growth of reputed brands. Moreover, fluctuations in raw material prices affected the profit margins of manufacturers, compelling them to seek innovative cost-effective solutions. Furthermore, the lack of standardization in the electrical products market created confusion among consumers and impacted overall market growth.
The outbreak of the Covid-19 pandemic in 2025 had a significant impact on various industries, including the electric plugs and sockets market in Vietnam. The initial disruption in supply chains and manufacturing activities resulted in a temporary slump in the market. However, as the situation improved, the market gradually recovered due to increased consumer spending on home appliances and electronics during lockdowns and remote work setups. The pandemic also accelerated the adoption of digital technology, leading to a surge in demand for electronic devices, further propelling the market`s growth.
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 Electric Plugs and Sockets Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Electric Plugs and Sockets Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Electric Plugs and Sockets Market - Industry Life Cycle |
3.4 Vietnam Electric Plugs and Sockets Market - Porter's Five Forces |
3.5 Vietnam Electric Plugs and Sockets Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Electric Plugs and Sockets Market Revenues & Volume Share, By Power rate, 2021 & 2031F |
3.7 Vietnam Electric Plugs and Sockets Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Vietnam Electric Plugs and Sockets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Electric Plugs and Sockets Market Trends |
6 Vietnam Electric Plugs and Sockets Market, By Types |
6.1 Vietnam Electric Plugs and Sockets Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Electric Plugs and Sockets Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Electric Plugs and Sockets Market Revenues & Volume, By Two-Pin, 2021-2031F |
6.1.4 Vietnam Electric Plugs and Sockets Market Revenues & Volume, By Three-Pin, 2021-2031F |
6.1.5 Vietnam Electric Plugs and Sockets Market Revenues & Volume, By Four-Pin, 2021-2031F |
6.1.6 Vietnam Electric Plugs and Sockets Market Revenues & Volume, By Five-pin, 2021-2031F |
6.2 Vietnam Electric Plugs and Sockets Market, By Power rate |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Electric Plugs and Sockets Market Revenues & Volume, By High Power, 2021-2031F |
6.2.3 Vietnam Electric Plugs and Sockets Market Revenues & Volume, By Medium Power, 2021-2031F |
6.2.4 Vietnam Electric Plugs and Sockets Market Revenues & Volume, By Low Power, 2021-2031F |
6.3 Vietnam Electric Plugs and Sockets Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Electric Plugs and Sockets Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Vietnam Electric Plugs and Sockets Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Vietnam Electric Plugs and Sockets Market Revenues & Volume, By Industrial, 2021-2031F |
7 Vietnam Electric Plugs and Sockets Market Import-Export Trade Statistics |
7.1 Vietnam Electric Plugs and Sockets Market Export to Major Countries |
7.2 Vietnam Electric Plugs and Sockets Market Imports from Major Countries |
8 Vietnam Electric Plugs and Sockets Market Key Performance Indicators |
9 Vietnam Electric Plugs and Sockets Market - Opportunity Assessment |
9.1 Vietnam Electric Plugs and Sockets Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Electric Plugs and Sockets Market Opportunity Assessment, By Power rate, 2021 & 2031F |
9.3 Vietnam Electric Plugs and Sockets Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Vietnam Electric Plugs and Sockets Market - Competitive Landscape |
10.1 Vietnam Electric Plugs and Sockets Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Electric Plugs and Sockets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |