Market Forecast By Product Type (Non-Alcohol Based, Alcohol Based), By Product Form (Gel, Foam, Spray & Others), By Distribution Channel (Online, Offline), By End Users (Healthcare, Domestic Household, Educational Institution, Hospitality & Others (Public & Private offices, Retail, Transportation, etc.)) and competitive landscape
Product Code: ETC002180 | Publication Date: Apr 2020 | Updated Date: Nov 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Viet Nam Hand Sanitizer Market registered a growth of 10.79% in value shipments in 2021 as compared to 2020 and an increase of 9.57% CAGR in 2021 over a period of 2017. In Hand Sanitizer Market Viet Nam is becoming more competitive as the HHI index in 2021 was 648 while in 2017 it was 1025. 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 less numbers of players or countries exporting in the market.
Viet Nam has reportedly relied more on imports to meet its growing demand in Hand Sanitizer Market. India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Hand Sanitizer Market in 2021 was 5 while in 2017 it was 8.72. China, Rep. of Korea, United Kingdom, France and India were among the top players of the market in 2021, where China acquired the largest market share of 11.71% with a shipment value of 4.7 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 United Kingdom had the largest market share of 19.89% with the shipment value of 4.57 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As United Kingdom price is lower than the average price, it provided a significant edge among other competitor in 2017.
Vietnam hand sanitizer market is expected to register considerable growth in the years to come. Growing urbanization, consistent improvement in healthcare facilities and prospering population are some of the factors that would lead to an increased demand for hand sanitizer in Vietnam during the forecast period. Further, CSK in partnership with Vietnam’s government has urged to provide several healthcare services to underserved rural communities in Vietnam which would further boost the demand for hand sanitizer in the country during the forecast period.
According to 6Wresearch, Vietnam Hand Sanitizer Market size is anticipated to register growth during 2020-2026. The country’s vision is to achieve universal health coverage by 2030, under the United Nation’s sustainable development goals. The government is constantly working on bringing the rural areas upfront and providing them with all basic health necessities & facilities which would result in the growth of the hand sanitizer market in Vietnam. Moreover, the recent COVID-19 outbreak has created an alarming situation in the country causing a drastic surge in the demand for hand sanitizer which would complement the hand sanitizer market in Vietnam in the years to come.
By product form, the gel segment accounted for the highest revenue generation over the last few years and demand is expected to continue at the same pace during the forecast period. By product type, alcohol-based sanitizers are gaining traction in the country due to its high efficiency and effectiveness during the ongoing COVID-19 outbreak in the country which would further witness a surge in demand over the coming years.
The Vietnam hand sanitizer market report thoroughly covers the market by product type, product form, distribution channel, and end-users. Vietnam hand sanitizer market outlook report provides an unbiased and detailed analysis of the on-going Vietnam hand sanitizer 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.
Key Highlights of the Report:
Markets Covered
The Vietnam hand sanitizer market report provides a detailed analysis of the following market segments:
TABLE OF CONTENTS |
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Vietnam Hand Sanitizer Market Overview |
3.1. Vietnam Hand Sanitizer Market Revenues, 2016-2026F |
3.2. Vietnam Hand Sanitizer Market Revenue Share, By Product Type, 2019 & 2026F |
3.3. Vietnam Hand Sanitizer Market Revenue Share, By Product Form, 2019 & 2026F |
3.4. Vietnam Hand Sanitizer Market Revenue Share, By Distribution Channel, 2019 & 2026F |
3.5. Vietnam Hand Sanitizer Market Revenue Share, By End Users, 2019 & 2026F |
3.6. Vietnam Hand Sanitizer Market-Industry Life Cycle |
3.7. Vietnam Hand Sanitizer Market-Porter’s Five Forces |
4. Vietnam Hand Sanitizer Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Vietnam Hand Sanitizer Market Trends |
6. Vietnam Hand Sanitizer Market Overview, By Product Type |
6.1. Vietnam Hand Sanitizer Market Revenues, By Non-Alcohol Based, 2016-2026F |
6.2. Vietnam Hand Sanitizer Market Revenues, By Alcohol Based, 2016-2026F |
7. Vietnam Hand Sanitizer Market Overview, By Product Form |
7.1. Vietnam Hand Sanitizer Market Revenues, By Gel, 2016-2026F |
7.2. Vietnam Hand Sanitizer Market Revenues, By Foam, 2016-2026F |
7.3. Vietnam Hand Sanitizer Market Revenues, By Spray, 2016-2026F |
7.4. Vietnam Hand Sanitizer Market Revenues, By Others, 2016-2026F |
8. Vietnam Hand Sanitizer Market Overview, By Distribution Channel |
8.1. Vietnam Hand Sanitizer Market Revenues, By Online, 2016-2026F |
8.2. Vietnam Hand Sanitizer Market Revenues, By Offline, 2016-2026F |
9. Vietnam Hand Sanitizer Market Overview, By End Users |
9.1. Vietnam Hand Sanitizer Market Revenues, By Healthcare, 2016-2026F |
9.2. Vietnam Hand Sanitizer Market Revenues, By Dometic Household, 2016-2026F |
9.3. Vietnam Hand Sanitizer Market Revenues, By Educational Institution, 2016-2026F |
9.4. Vietnam Hand Sanitizer Market Revenues, By Hospitality, 2016-2026F |
9.5. Vietnam Hand Sanitizer Market Revenues, By Others, 2016-2026F |
10. Vietnam Hand Sanitizer Market Key Performance Indicators |
11. Vietnam Hand Sanitizer Market Opportunity Assessment |
11.1. Vietnam Hand Sanitizer Market Opportunity Assessment, By Product Type, 2026F |
11.2. Vietnam Hand Sanitizer Market Opportunity Assessment, By Product Form, 2026F |
11.3. Vietnam Hand Sanitizer Market Opportunity Assessment, By Distribution Channel, 2026F |
11.4. Vietnam Hand Sanitizer Market Opportunity Assessment, By End Users, 2026F |
12. Vietnam Hand Sanitizer Market Competitive Landscape |
12.1. Vietnam Hand Sanitizer Market Competitive Benchmarking, By Operating & Technical Parameters |
12.2. Vietnam Hand Sanitizer Market Revenue Share, By Companies, 2019 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |