Product Code: ETC296490 | 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 | |
Vietnam licensed merchandise market has seen significant development as the country`s consumer preferences evolve. Licensing deals with popular characters, brands, and franchises have become prevalent, leading to a wide variety of licensed products in the market. The appeal of licensed merchandise extends across different age groups, making it a lucrative industry for both local and international companies. Factors like brand loyalty and consumer awareness contribute to the market`s expansion.
In the Vietnam licensed merchandise market, the primary driver is the popularity of branded products and merchandise associated with renowned franchises, sports teams, and entertainment properties. Licensing agreements with global brands and intellectual properties have led to a wide range of licensed products flooding the market, attracting consumers looking for quality and authenticity in their purchases.
The Vietnam licensed merchandise market encounters several challenges as it caters to the diverse interests of consumers. One of the central challenges is the need to navigate complex licensing agreements and intellectual property rights, which can be time-consuming and costly. Manufacturers must ensure compliance with these agreements to avoid legal issues. Additionally, market trends and consumer preferences for licensed merchandise can change rapidly, requiring manufacturers to stay ahead of the curve in terms of product offerings and marketing strategies. The COVID-19 pandemic has disrupted supply chains and impacted the availability of licensed products, affecting production and distribution. Furthermore, competition from both domestic and international brands puts pressure on manufacturers to differentiate themselves through unique offerings and partnerships. Lastly, counterfeiting remains a persistent challenge in the licensed merchandise market, demanding increased efforts in anti-counterfeiting measures and brand protection.
The Vietnam licensed merchandise market underwent significant changes during the COVID-19 pandemic. As consumer behaviors shifted, particularly with the closure of physical retail stores and the growth of e-commerce, licensed merchandise faced challenges in distribution and sales. Many businesses had to reevaluate their licensing agreements and distribution channels to cater to changing consumer preferences. The entertainment and sports industries, key sources of licensed merchandise, also faced disruptions with the postponement or cancellation of events. Virtual and online engagement became essential for the licensed merchandise market to maintain its presence and reach consumers. The pandemic prompted a rethinking of strategies and partnerships to ensure the market`s resilience in a digital-first environment.
In the Vietnam licensed merchandise market, key participants encompass Disney Consumer Products, Warner Bros. Consumer Products, Universal Brand Development, Marvel Entertainment, and Nickelodeon.
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 Licensed Merchandise Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Licensed Merchandise Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Licensed Merchandise Market - Industry Life Cycle |
3.4 Vietnam Licensed Merchandise Market - Porter's Five Forces |
3.5 Vietnam Licensed Merchandise Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Licensed Merchandise Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Vietnam Licensed Merchandise Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
3.8 Vietnam Licensed Merchandise Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Vietnam Licensed Merchandise Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income levels in Vietnam leading to increased consumer spending on licensed merchandise. |
4.2.2 Rising popularity of licensed products and characters among the younger generation in Vietnam. |
4.2.3 Expansion of retail channels and e-commerce platforms providing easier access to licensed merchandise. |
4.3 Market Restraints |
4.3.1 Presence of counterfeit products in the market affecting the sales and brand reputation of licensed merchandise. |
4.3.2 Limited awareness and understanding of licensed merchandise among certain consumer segments in Vietnam. |
4.3.3 Regulatory challenges and intellectual property rights issues impacting the licensing process for merchandise. |
5 Vietnam Licensed Merchandise Market Trends |
6 Vietnam Licensed Merchandise Market, By Types |
6.1 Vietnam Licensed Merchandise Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Licensed Merchandise Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Licensed Merchandise Market Revenues & Volume, By Apparel and Footwear, 2021-2031F |
6.1.4 Vietnam Licensed Merchandise Market Revenues & Volume, By Accessories and Gifts, 2021-2031F |
6.1.5 Vietnam Licensed Merchandise Market Revenues & Volume, By Toys and Games, 2021-2031F |
6.1.6 Vietnam Licensed Merchandise Market Revenues & Volume, By Others, 2021-2031F |
6.1.7 Vietnam Licensed Merchandise Market Revenues & Volume, By , 2021-2031F |
6.2 Vietnam Licensed Merchandise Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Licensed Merchandise Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.3 Vietnam Licensed Merchandise Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.4 Vietnam Licensed Merchandise Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.2.5 Vietnam Licensed Merchandise Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.6 Vietnam Licensed Merchandise Market Revenues & Volume, By Others, 2021-2031F |
6.2.7 Vietnam Licensed Merchandise Market Revenues & Volume, By , 2021-2031F |
6.3 Vietnam Licensed Merchandise Market, By Price Range |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Licensed Merchandise Market Revenues & Volume, By Premium, 2021-2031F |
6.3.3 Vietnam Licensed Merchandise Market Revenues & Volume, By Economic, 2021-2031F |
6.3.4 Vietnam Licensed Merchandise Market Revenues & Volume, By , 2021-2031F |
6.4 Vietnam Licensed Merchandise Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Licensed Merchandise Market Revenues & Volume, By Men, 2021-2031F |
6.4.3 Vietnam Licensed Merchandise Market Revenues & Volume, By Women, 2021-2031F |
6.4.4 Vietnam Licensed Merchandise Market Revenues & Volume, By Children, 2021-2031F |
7 Vietnam Licensed Merchandise Market Import-Export Trade Statistics |
7.1 Vietnam Licensed Merchandise Market Export to Major Countries |
7.2 Vietnam Licensed Merchandise Market Imports from Major Countries |
8 Vietnam Licensed Merchandise Market Key Performance Indicators |
8.1 Number of licensed merchandise collaborations with local artists or influencers. |
8.2 Percentage increase in the demand for licensed merchandise in Vietnam. |
8.3 Growth in the number of licensed merchandise stores and distribution points across different regions in Vietnam. |
9 Vietnam Licensed Merchandise Market - Opportunity Assessment |
9.1 Vietnam Licensed Merchandise Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Licensed Merchandise Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Vietnam Licensed Merchandise Market Opportunity Assessment, By Price Range, 2021 & 2031F |
9.4 Vietnam Licensed Merchandise Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Vietnam Licensed Merchandise Market - Competitive Landscape |
10.1 Vietnam Licensed Merchandise Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Licensed Merchandise Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |