Product Code: ETC229830 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Flip Flops Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 11.07% in 2025, growth builds up to 13.33% by 2029.
By 2027, Vietnam's Flip Flops market is forecasted to achieve a high growth rate of 12.41%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The flip flops market in Vietnam offers casual and comfortable footwear known for their simplicity and ease of wear. Flip flops are widely worn in warm and tropical climates, making them a popular choice for everyday footwear. They are valued for their convenience and affordability, catering to individuals seeking relaxed and informal footwear options in Vietnam.
The growth of the Vietnam flip flops market is propelled by the comfort and casual appeal of flip flops, the preference for breathable footwear, and the availability of fashionable designs. Flip flops are popular footwear for warm weather and leisure activities. The market benefits from the tropical climate in Vietnam, the relaxed lifestyle, and the desire for footwear that offers comfort and style. Manufacturers create flip flops with ergonomic features and trendy aesthetics, catering to consumers looking for casual and easy-to-wear footwear, contributing to the market`s growth.
The Vietnam flip flops market faces challenges related to competition, fashion trends, and consumer preferences for comfort and style. Flip flops are popular footwear in the country, but competition among manufacturers is intense. Additionally, fashion trends can influence consumer preferences for flip flop designs and colors. Manufacturers must invest in research and development to offer comfortable and stylish flip flops while staying attuned to evolving fashion trends and consumer demands for comfort.
The Vietnam flip flops market experienced shifts in consumer preferences and retail dynamics during the COVID-19 pandemic. With changes in lifestyle and work-from-home arrangements, there were fluctuations in demand for footwear. Flip flops, known for comfort and casual wear, saw changes in demand patterns. Manufacturers adapted by offering a variety of styles and catering to both indoor and outdoor use. Online sales channels gained prominence as consumers sought convenient and contactless shopping options. Despite shifts in demand, the market remained dynamic and adjusted to meet the evolving preferences of consumers during the pandemic.
In the Vietnam flip flops market, key players include both domestic manufacturers of flip flops and international footwear brands with a presence in the Vietnamese market. Domestic companies like Bitis`s are actively involved in the production and distribution of flip flops within Vietnam. Additionally, international footwear brands such as Havaianas offer flip flops as part of their product offerings in the Vietnamese market, providing consumers with comfortable and stylish footwear options for casual wear.
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 Flip Flops Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Flip Flops Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Flip Flops Market - Industry Life Cycle |
3.4 Vietnam Flip Flops Market - Porter's Five Forces |
3.5 Vietnam Flip Flops Market Revenues & Volume Share, By Sole Material, 2021 & 2031F |
3.6 Vietnam Flip Flops Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Vietnam Flip Flops Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for comfortable and affordable footwear in Vietnam |
4.2.2 Rising disposable income levels leading to increased spending on fashion and lifestyle products |
4.2.3 Expansion of tourism industry in Vietnam boosting demand for flip flops as a casual and convenient footwear choice |
4.3 Market Restraints |
4.3.1 Intense competition from local and international footwear brands in the market |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Seasonal demand fluctuations affecting sales of flip flops |
5 Vietnam Flip Flops Market Trends |
6 Vietnam Flip Flops Market, By Types |
6.1 Vietnam Flip Flops Market, By Sole Material |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Flip Flops Market Revenues & Volume, By Sole Material, 2021-2031F |
6.1.3 Vietnam Flip Flops Market Revenues & Volume, By EVA Flip Flops, 2021-2031F |
6.1.4 Vietnam Flip Flops Market Revenues & Volume, By PVC Flip Flops, 2021-2031F |
6.1.5 Vietnam Flip Flops Market Revenues & Volume, By Rubber Flip Flops, 2021-2031F |
6.1.6 Vietnam Flip Flops Market Revenues & Volume, By EVA+Rubber Flip Flops, 2021-2031F |
6.1.7 Vietnam Flip Flops Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Flip Flops Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Flip Flops Market Revenues & Volume, By Women Flip Flops, 2021-2031F |
6.2.3 Vietnam Flip Flops Market Revenues & Volume, By Men Flip Flops, 2021-2031F |
6.2.4 Vietnam Flip Flops Market Revenues & Volume, By Girls Flip Flops, 2021-2031F |
6.2.5 Vietnam Flip Flops Market Revenues & Volume, By Boys Flip Flops, 2021-2031F |
7 Vietnam Flip Flops Market Import-Export Trade Statistics |
7.1 Vietnam Flip Flops Market Export to Major Countries |
7.2 Vietnam Flip Flops Market Imports from Major Countries |
8 Vietnam Flip Flops Market Key Performance Indicators |
8.1 Average selling price of flip flops in Vietnam |
8.2 Number of tourists visiting Vietnam |
8.3 Consumer sentiment towards flip flops as a fashion trend |
8.4 Percentage of online sales in the flip flops market |
8.5 Customer satisfaction ratings for flip flop brands in Vietnam |
9 Vietnam Flip Flops Market - Opportunity Assessment |
9.1 Vietnam Flip Flops Market Opportunity Assessment, By Sole Material, 2021 & 2031F |
9.2 Vietnam Flip Flops Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Vietnam Flip Flops Market - Competitive Landscape |
10.1 Vietnam Flip Flops Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Flip Flops Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |