Product Code: ETC382650 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The horsehair market in Vietnam caters to various industries, including traditional crafts, musical instrument manufacturing, and upholstery. Horsehair is valued for its strength, flexibility, and durability, making it suitable for a wide range of applications. The market`s growth is closely tied to the demand from these industries, both domestically and internationally. Sustainable sourcing and ethical practices are increasingly important in this market.
The Vietnam horsehair market is driven by the country`s growing equestrian industry and the demand for horsehair-based products, such as brushes, bows for musical instruments, and upholstery materials. The quality and durability of Vietnamese horsehair are highly regarded globally, attracting international buyers. Additionally, the rise of cultural events and traditional practices involving horsehair items has further bolstered this market, making it a significant contributor to the country`s exports.
The horsehair market may encounter challenges related to animal welfare and ethical concerns. The sourcing of horsehair from live animals, particularly for products like brushes and musical instruments, can raise ethical questions. Market participants need to consider these concerns and explore alternatives.
The horsehair market in Vietnam saw reduced demand during the pandemic as equestrian activities and events were limited. With fewer gatherings and cultural events, the need for horsehair for traditional instruments also declined. This led to some suppliers diversifying their product offerings or exploring export opportunities to mitigate the domestic downturn.
The horsehair market in Vietnam is limited, with a few artisans and small-scale producers engaged in collecting and processing horsehair for various crafts and industries.