Product Code: ETC019070 | 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 | |
The Vietnam face care products market witnessed substantial growth between 2025 and 2031, driven by changing beauty standards, increasing awareness of skincare routines, and a growing preference for cosmetic products. As consumers became more conscious of their appearance and the importance of skincare, the demand for face care products surged across the country. The market`s expansion was also supported by the rise of e-commerce platforms, enabling easy access to a wide range of face care products.
Several factors fueled the growth of the face care products market in Vietnam during the specified period. Firstly, the rising disposable income of the middle-class population enabled them to allocate a larger share of their earnings to personal care and grooming products, including face care items. Secondly, the influence of social media and beauty influencers played a significant role in promoting specific products and beauty trends, further propelling the market. Additionally, an increasing number of men showing interest in face care and grooming products contributed to the overall market growth.
Despite the positive growth trajectory, the Vietnam face care products market encountered certain challenges. One of the primary challenges was the saturation of the market with numerous local and international brands, intensifying competition. Established brands faced the challenge of retaining their market share against new entrants, while new players struggled to establish a foothold in the highly competitive landscape. Moreover, fluctuations in raw material prices and stringent regulations on cosmetic product testing and labeling imposed additional hurdles for manufacturers and suppliers.
The outbreak of the Covid-19 pandemic in 2025 had a mixed impact on the Vietnam face care products market. During the initial phases of the pandemic, strict lockdown measures and economic uncertainties led to a temporary decline in consumer spending on non-essential products, including face care items. However, as the situation improved and people adapted to the new normal, there was a noticeable shift in consumer behavior. The increased focus on personal health and wellness, along with more time spent indoors, led to a rise in the adoption of self-care routines, including skincare. As a result, online sales of face care products witnessed a surge, compensating for the initial downturn.
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 Face Care Products Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Face Care Products Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Face Care Products Market - Industry Life Cycle |
3.4 Vietnam Face Care Products Market - Porter's Five Forces |
3.5 Vietnam Face Care Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Face Care Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Vietnam Face Care Products Market Revenues & Volume Share, By Gender, 2021 & 2031F |
3.8 Vietnam Face Care Products Market Revenues & Volume Share, By Age, 2021 & 2031F |
4 Vietnam Face Care Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Face Care Products Market Trends |
6 Vietnam Face Care Products Market, By Types |
6.1 Vietnam Face Care Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Face Care Products Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Face Care Products Market Revenues & Volume, By Face Cream & Moisturizer, 2021-2031F |
6.1.4 Vietnam Face Care Products Market Revenues & Volume, By Anti-Aging Cream, 2021-2031F |
6.1.5 Vietnam Face Care Products Market Revenues & Volume, By Serum, 2021-2031F |
6.1.6 Vietnam Face Care Products Market Revenues & Volume, By Face Mask, 2021-2031F |
6.1.7 Vietnam Face Care Products Market Revenues & Volume, By Face Wash, 2021-2031F |
6.1.8 Vietnam Face Care Products Market Revenues & Volume, By Cleanser, 2021-2031F |
6.1.9 Vietnam Face Care Products Market Revenues & Volume, By Scrub, 2021-2031F |
6.1.10 Vietnam Face Care Products Market Revenues & Volume, By Scrub, 2021-2031F |
6.2 Vietnam Face Care Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Face Care Products Market Revenues & Volume, By Beauty Parlors/Salons, 2021-2031F |
6.2.3 Vietnam Face Care Products Market Revenues & Volume, By Multi-Brand Retail Outlets, 2021-2031F |
6.2.4 Vietnam Face Care Products Market Revenues & Volume, By Online Platforms, 2021-2031F |
6.2.5 Vietnam Face Care Products Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.6 Vietnam Face Care Products Market Revenues & Volume, By Exclusive Retail Stores, 2021-2031F |
6.3 Vietnam Face Care Products Market, By Gender |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Face Care Products Market Revenues & Volume, By Male, 2021-2031F |
6.3.3 Vietnam Face Care Products Market Revenues & Volume, By Female, 2021-2031F |
6.4 Vietnam Face Care Products Market, By Age |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Face Care Products Market Revenues & Volume, By 0?1, 2021-2031F |
6.4.3 Vietnam Face Care Products Market Revenues & Volume, By 2?25, 2021-2031F |
6.4.4 Vietnam Face Care Products Market Revenues & Volume, By 26?40, 2021-2031F |
6.4.5 Vietnam Face Care Products Market Revenues & Volume, By 41?55, 2021-2031F |
6.4.6 Vietnam Face Care Products Market Revenues & Volume, By >55, 2021-2031F |
7 Vietnam Face Care Products Market Import-Export Trade Statistics |
7.1 Vietnam Face Care Products Market Export to Major Countries |
7.2 Vietnam Face Care Products Market Imports from Major Countries |
8 Vietnam Face Care Products Market Key Performance Indicators |
9 Vietnam Face Care Products Market - Opportunity Assessment |
9.1 Vietnam Face Care Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Face Care Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Vietnam Face Care Products Market Opportunity Assessment, By Gender, 2021 & 2031F |
9.4 Vietnam Face Care Products Market Opportunity Assessment, By Age, 2021 & 2031F |
10 Vietnam Face Care Products Market - Competitive Landscape |
10.1 Vietnam Face Care Products Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Face Care Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |