Market Forecast By Type (Brassiere, Knickers, Shape Wear, Others), By Distribution Channel (Specialty Stores, Multi Brands Stores, Online), And Competitive Landscape
Product Code: ETC042371 | Publication Date: Jan 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Vietnam Lingerie Market report thoroughly covers the market By Type, and By Distribution Channel. The market report provides an unbiased and detailed analysis of the ongoing 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.
The Vietnam lingerie market is expected to witness significant growth from 2025 to 2031, with a projected CAGR of 8.2% during the forecast period. This growth can be attributed to various factors such as the increasing demand for lingerie among women, changing lifestyles and fashion trends, and the rise in disposable income.
According to 6Wresearch, the Vietnam Lingerie Market Size is expected to reach a significant CAGR of 8.2% during the forecast period 2025-2031. One of the major drivers of this market is the growing demand for comfortable and stylish lingerie among women in Vietnam. With an increasing number of working women, there has been a shift towards more functional and practical lingerie that not only provides comfort but also enhances their overall appearance. As a result, manufacturers are constantly innovating their designs and materials to cater to the diverse needs of consumers. The rise of e-commerce in Vietnam has also contributed significantly to the growth of the lingerie market. E-commerce platforms provide a convenient and efficient way for consumers to browse and purchase lingerie products, thus expanding the customer base for businesses. This trend is expected to continue as more Vietnamese consumers embrace online shopping.
However, the market also faces challenges such as intense competition from both global and local players. This has led to price wars and pressure on profit margins for companies. In order to stay competitive, businesses need to focus on quality, branding strategies, and continuous innovation.
The evolving preferences of Vietnamese consumers have resulted in noticeable trends within the Lingerie Market in Vietnam. Technology has played a pivotal role, with e-commerce and virtual fitting rooms gaining popularity, allowing customers to conveniently shop for lingerie online. Sustainable practices have also become a focus, with many companies adopting eco-friendly materials and ethical production processes to cater to socially conscious consumers. Furthermore, an increased demand for diverse sizes, inclusive designs, and high-tech fabrics reflects the changing expectations and requirements of the demographic.
Investors keen on exploring opportunities in this sector will find numerous prospects fuelled by Vietnam Lingerie Market Growth. The consistent expansion of retail infrastructure, combined with increasing disposable incomes, presents favourable conditions for both domestic and international players. Strategic partnerships, franchising models, and localization of product designs to meet specific cultural preferences further enhance the market’s investment appeal. Additionally, innovations in premium product segments such as shapewear and activewear-inspired lingerie are poised to attract more affluent target groups.
Several prominent players are driving competition within the Vietnam Lingerie Market Share, including both established international brands and smaller domestic businesses. Renowned companies such as Triumph, Sabina, and Wacoal dominate this space, leveraging their brand reputation and innovative product offerings. Meanwhile, local manufacturers are gaining traction with affordable yet quality products tailored to the needs of Vietnamese women. This dynamic creates a highly competitive environment that pushes brands to invest in research, marketing, and customer engagement.
Government policies play a pivotal role in shaping the Vietnam Lingerie Industry. Policies centred on import-export duties, labour standards, and manufacturing regulations greatly affect the operations of brands within Vietnam. The government’s push for sustainable practices and compliance with international standards adds another layer of complexity for manufacturers, forcing them to innovate while maintaining high quality. Efforts to standardize trade agreements and regulations could offer a stable foundation for further industry expansion.
The Vietnam Lingerie Market is expected to grow significantly in the coming years, fuelled by technological innovations and consumer-centric designs. Brands focusing on inclusivity, sustainability, and digital marketing strategies will likely dominate future markets. Anticipated advancements in premium and eco-friendly lingerie lines will cater to the growing demand for high-quality, environmentally conscious products. Overall, the market is on a promising trajectory, with continued investments and adaptations to align with global trends and local needs.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, The Brassiere segment is expected to dominate the market due to its high demand among women of all age groups. The increasing awareness about proper fit and comfort has led to a rise in demand for quality brassieres.
The online segment is expected to dominate the market. The convenience of shopping from home and a wide range of options available online have led to the popularity of online lingerie shopping among Vietnamese women.
The report offers a comprehensive study of the subsequent market segments
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 Lingerie Market Overview |
3.1 Vietnam Lingerie Market Revenues & Volume, 2021 - 2031F |
3.2 Vietnam Lingerie Market - Industry Life Cycle |
3.3 Vietnam Lingerie Market - Porter's Five Forces |
3.4 Vietnam Lingerie Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.5 Vietnam Lingerie Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Impact Analysis of COVID-19 on Vietnam Lingerie Market |
5 Vietnam Lingerie Market Dynamics |
5.1 Impact Analysis |
5.2 Market Drivers |
5.3 Market Restraints |
6 Vietnam Lingerie Market Trends |
7 Vietnam Lingerie Market, By Type |
7.1 Overview and Analysis |
7.2 Vietnam Lingerie Market Revenues & Volume, By Type, 2021 - 2031F |
7.3 Vietnam Lingerie Market Revenues & Volume, By Brassiere, 2021 - 2031F |
7.4 Vietnam Lingerie Market Revenues & Volume, By Knickers, 2021 - 2031F |
7.5 Vietnam Lingerie Market Revenues & Volume, By Shape Wear, 2021 - 2031F |
7.6 Vietnam Lingerie Market Revenues & Volume, By Others, 2021 - 2031F |
8 Vietnam Lingerie Market, By Distribution Channel |
8.1 Overview and Analysis |
8.2 Vietnam Lingerie Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
8.3 Vietnam Lingerie Market Revenues & Volume, By Multi Brands Stores, 2021 - 2031F |
8.4 Vietnam Lingerie Market Revenues & Volume, By Online, 2021 - 2031F |
9 Vietnam Lingerie Market Import-Export Trade Statistics |
9.1 Vietnam Lingerie Market Export to Major Countries |
9.2 Vietnam Lingerie Market Imports from Major Countries |
10 Vietnam Lingerie Market Key Performance Indicators |
11 Vietnam Lingerie Market - Opportunity Assessment |
11.1 Vietnam Lingerie Market Opportunity Assessment, By Type, 2031F |
11.2 Vietnam Lingerie Market Opportunity Assessment, By Distribution Channel, 2031F |
12 Vietnam Lingerie Market - Competitive Landscape |
12.1 Vietnam Lingerie Market Revenue Share, By Companies, 2024 |
12.2 Vietnam Lingerie Market Competitive Benchmarking, By Operating and Technical Parameters |
13 Company Profiles |
14 Recommendations |
15 Disclaimer |