Vietnam Paints Market (2025-2031) | Share, Size, Companies, Value, Industry, Forecast, Outlook, Analysis, Trends, Growth & Revenue

Market Forecast By Resin (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester), By Technology (Waterborne, Solventborne, Powder), By Application (Architectural, Industrial) And Competitive Landscape
Product Code: ETC017570 Publication Date: Aug 2023 Updated Date: Feb 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Vietnam Paints Market Competition 2023

Vietnam Paints market currently, in 2023, has witnessed an HHI of 1613, Which has increased slightly as compared to the HHI of 1377 in 2017. The market is moving towards moderately competitive. 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 fewer numbers of players or countries exporting in the market.

 Vietnam Paints Market Competition 2023

Vietnam Export Potential Assessment For Paints Market (Values in USD Thousand)


Vietnam Export Potential Assessment For Paints Market (Values in USD Thousand)

Vietnam Paints Market Synopsis

The Vietnam paints market includes various types of paints and coatings used in construction, automotive, industrial, and other sectors for protection, decoration, and functional purposes.

Drivers of the Market

Vietnam rapid urbanization and infrastructure development have driven the demand for paints in the construction sector for residential and commercial buildings. The growth of the automotive industry has increased the demand for automotive paints and coatings. The use of paints and coatings in various industrial applications, such as machinery and equipment, has contributed to the market`s growth. The development of new urban areas and real estate projects has boosted the demand for paints and coatings in the country.

Challenges of the Market

Price sensitivity among consumers and businesses can be a challenge for paint manufacturers and retailers, especially in a competitive market. Compliance with environmental regulations and the demand for eco-friendly and low-VOC paints can be challenging for some paint manufacturers. The availability of imported paints and coatings can impact the market share of domestic manufacturers.

COVID-19 Impact on the Market

The COVID-19 pandemic could have had various impacts on the Vietnam paints market. Disruptions in supply chains and logistical challenges during lockdowns might have affected the production and distribution of paints. The pandemic`s economic impact might have influenced construction activities, automotive sales, and industrial projects, affecting the demand for paints in these sectors. Additionally, changes in consumer spending patterns during the pandemic could have impacted the demand for paints for residential and commercial projects.

Key Highlights of the Report:

  • Vietnam Paints Market Outlook
  • Market Size of Vietnam Paints Market, 2024
  • Forecast of Vietnam Paints Market, 2031
  • Historical Data and Forecast of Vietnam Paints Revenues & Volume for the Period 2021-2031
  • Vietnam Paints Market Trend Evolution
  • Vietnam Paints Market Drivers and Challenges
  • Vietnam Paints Price Trends
  • Vietnam Paints Porter's Five Forces
  • Vietnam Paints Industry Life Cycle
  • Historical Data and Forecast of Vietnam Paints Market Revenues & Volume By Resin for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Paints Market Revenues & Volume By Acrylic for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Paints Market Revenues & Volume By Alkyd for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Paints Market Revenues & Volume By Epoxy for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Paints Market Revenues & Volume By Polyurethane for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Paints Market Revenues & Volume By Polyester for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Paints Market Revenues & Volume By Technology for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Paints Market Revenues & Volume By Waterborne for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Paints Market Revenues & Volume By Solventborne for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Paints Market Revenues & Volume By Powder for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Paints Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Paints Market Revenues & Volume By Architectural for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Paints Market Revenues & Volume By Industrial for the Period 2021-2031
  • Vietnam Paints Import Export Trade Statistics
  • Market Opportunity Assessment By Resin
  • Market Opportunity Assessment By Technology
  • Market Opportunity Assessment By Application
  • Vietnam Paints Top Companies Market Share
  • Vietnam Paints Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Paints Company Profiles
  • Vietnam Paints Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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 Paints Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Paints Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Paints Market - Industry Life Cycle

3.4 Vietnam Paints Market - Porter's Five Forces

3.5 Vietnam Paints Market Revenues & Volume Share, By Resin, 2021 & 2031F

3.6 Vietnam Paints Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.7 Vietnam Paints Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Vietnam Paints Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Vietnam Paints Market Trends

6 Vietnam Paints Market, By Types

6.1 Vietnam Paints Market, By Resin

6.1.1 Overview and Analysis

6.1.2 Vietnam Paints Market Revenues & Volume, By Resin, 2021-2031F

6.1.3 Vietnam Paints Market Revenues & Volume, By Acrylic, 2021-2031F

6.1.4 Vietnam Paints Market Revenues & Volume, By Alkyd, 2021-2031F

6.1.5 Vietnam Paints Market Revenues & Volume, By Epoxy, 2021-2031F

6.1.6 Vietnam Paints Market Revenues & Volume, By Polyurethane, 2021-2031F

6.1.7 Vietnam Paints Market Revenues & Volume, By Polyester, 2021-2031F

6.2 Vietnam Paints Market, By Technology

6.2.1 Overview and Analysis

6.2.2 Vietnam Paints Market Revenues & Volume, By Waterborne, 2021-2031F

6.2.3 Vietnam Paints Market Revenues & Volume, By Solventborne, 2021-2031F

6.2.4 Vietnam Paints Market Revenues & Volume, By Powder, 2021-2031F

6.3 Vietnam Paints Market, By Application

6.3.1 Overview and Analysis

6.3.2 Vietnam Paints Market Revenues & Volume, By Architectural, 2021-2031F

6.3.3 Vietnam Paints Market Revenues & Volume, By Industrial, 2021-2031F

7 Vietnam Paints Market Import-Export Trade Statistics

7.1 Vietnam Paints Market Export to Major Countries

7.2 Vietnam Paints Market Imports from Major Countries

8 Vietnam Paints Market Key Performance Indicators

9 Vietnam Paints Market - Opportunity Assessment

9.1 Vietnam Paints Market Opportunity Assessment, By Resin, 2021 & 2031F

9.2 Vietnam Paints Market Opportunity Assessment, By Technology, 2021 & 2031F

9.3 Vietnam Paints Market Opportunity Assessment, By Application, 2021 & 2031F

10 Vietnam Paints Market - Competitive Landscape

10.1 Vietnam Paints Market Revenue Share, By Companies, 2024

10.2 Vietnam Paints Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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