| Product Code: ETC334410 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The nail polish market in Vietnam is experiencing substantial growth, largely driven by changing fashion trends and increased beauty consciousness among Vietnamese consumers. Nail care and nail art have become an integral part of grooming routines, and nail polish is a prominent product in the cosmetics industry. Both local and international brands are actively participating in this market, offering a wide range of colors and formulations to cater to various preferences. The market`s growth is also fueled by an expanding retail landscape and e-commerce platforms, making nail polish products more accessible to consumers.
In Vietnam nail polish market, several factors have contributed to its growth. The beauty and personal care industry has witnessed significant expansion, with nail care becoming an integral part of grooming routines. The fashion-conscious Vietnamese population, influenced by social media and beauty trends, seeks a wide range of nail polish colors and finishes to express their individual style. The affordability of nail polish products and the rise of nail salons across the country have further fueled the market`s growth, making nail polish a popular cosmetic item in Vietnam.
The Vietnam nail polish market faces several challenges, including competition from both domestic and international brands. To stand out in this crowded market, companies must continuously innovate in terms of colors, formulations, and packaging. Quality control is another significant challenge, as ensuring the safety and effectiveness of nail polish products is crucial for consumer trust. Additionally, meeting regulatory requirements, especially those related to chemical compositions and labeling, can be complex. Environmental concerns, such as the use of harmful chemicals, also require companies to invest in eco-friendly formulations and practices. Lastly, the nail polish market is sensitive to fashion trends, making it essential for manufacturers to keep up with changing consumer preferences.
The Vietnam nail polish market faced a dual impact from the pandemic. During lockdowns, the demand for nail polish declined as people reduced their cosmetic routines and focused on essential products. Nail salons were also temporarily closed, further affecting the market. However, as restrictions eased, there was a surge in DIY beauty treatments, including nail care. This led to a gradual recovery in the nail polish market, with consumers seeking both traditional and trendy nail colors. Brands that adapted to online sales and offered innovative products saw better performance during this period.
The Vietnam nail polish market features key players such as Sivanna Colors Vietnam, Cosmo Beauty Vietnam, and Vietnam Nail Co., Ltd. These companies are instrumental in manufacturing and supplying a wide range of nail polish products to meet the demands of the beauty and cosmetics industry in the country.
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 Nail Polish Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Nail Polish Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Nail Polish Market - Industry Life Cycle |
3.4 Vietnam Nail Polish Market - Porter's Five Forces |
3.5 Vietnam Nail Polish Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Vietnam Nail Polish Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Nail Polish Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Vietnam |
4.2.2 Growing awareness and interest in beauty and grooming products |
4.2.3 Rising trend of nail art and nail care routines |
4.3 Market Restraints |
4.3.1 Competition from other beauty and cosmetic products |
4.3.2 Counterfeit or low-quality nail polish products in the market |
4.3.3 Economic uncertainties impacting consumer spending |
5 Vietnam Nail Polish Market Trends |
6 Vietnam Nail Polish Market, By Types |
6.1 Vietnam Nail Polish Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Nail Polish Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Vietnam Nail Polish Market Revenues & Volume, By Regular Nail Polish, 2021-2031F |
6.1.4 Vietnam Nail Polish Market Revenues & Volume, By Gel Nail Polish, 2021-2031F |
6.1.5 Vietnam Nail Polish Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Nail Polish Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Nail Polish Market Revenues & Volume, By Hypermarkets & Supermarkets, 2021-2031F |
6.2.3 Vietnam Nail Polish Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 Vietnam Nail Polish Market Revenues & Volume, By E-commerce, 2021-2031F |
6.2.5 Vietnam Nail Polish Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Nail Polish Market Import-Export Trade Statistics |
7.1 Vietnam Nail Polish Market Export to Major Countries |
7.2 Vietnam Nail Polish Market Imports from Major Countries |
8 Vietnam Nail Polish Market Key Performance Indicators |
8.1 Number of nail salons and beauty parlors offering nail services |
8.2 Online searches and social media engagement related to nail polish trends |
8.3 Participation rates in nail art workshops and events |
9 Vietnam Nail Polish Market - Opportunity Assessment |
9.1 Vietnam Nail Polish Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Vietnam Nail Polish Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Nail Polish Market - Competitive Landscape |
10.1 Vietnam Nail Polish Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Nail Polish Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |