Product Code: ETC047050 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Party Supplies Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 14.80% in 2025, climbs to a high of 16.91% in 2028, and moderates to 15.30% by 2029.
By 2027, Vietnam's Party Supplies market is forecasted to achieve a exponential growth rate of 16.86%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Vietnam Party Supplies Market has experienced robust growth as social gatherings and celebrations gain significance in the country`s culture. The rising disposable income, urbanization, and increasing exposure to global trends have influenced consumer preferences for themed parties and events. Party supplies such as decorations, balloons, tableware, and costumes are in high demand during festivals, birthdays, and special occasions. Moreover, the growing popularity of social media platforms has further driven the trend of visually appealing and Instagram-worthy parties. Key players in this market are actively introducing a wide range of creative and customizable party supplies to cater to the diverse needs of consumers.
The Vietnam Party Supplies Market has experienced significant growth due to the increasing popularity of celebrations and events in the country. The rising disposable income, urbanization, and exposure to global trends have influenced consumer preferences, leading to a higher demand for themed parties and events. Party supplies such as decorations, balloons, tableware, and costumes are in high demand during festivals, birthdays, and special occasions. Despite digital communication options, the tradition of exchanging physical greetings cards remains popular in Vietnamese culture. Moreover, the growing trend of personalized and handmade cards has further driven the market`s expansion. Leading greetings cards manufacturers in the country are focusing on creativity and unique designs to cater to the diverse preferences of consumers.
The Vietnam Party Supplies Market faces challenges related to changing consumer preferences and market trends. As consumer demands evolve, manufacturers must continuously innovate and offer a wide variety of creative and unique party supplies to stay relevant in the market. Seasonal fluctuations in demand during festivals and special occasions can also pose challenges for manufacturers to manage inventory and production. Additionally, the market`s growth may be influenced by economic factors, as consumers` disposable income and spending patterns can impact the demand for party supplies.
The Vietnam Party Supplies Market faced challenges during the COVID-19 pandemic due to restrictions on social gatherings and events. The closure of event venues and the cancellation or postponement of parties and celebrations impacted the demand for party supplies. With people prioritizing safety and adhering to social distancing measures, there was a shift in consumer spending away from non-essential items, including party decorations and supplies. However, as restrictions eased and the situation improved, the market witnessed a gradual recovery. The demand for party supplies picked up with the resumption of events and celebrations, including weddings, birthdays, and festivals. Key players in the market adapted to the changing market conditions by offering creative and themed party supplies, leveraging e-commerce platforms to reach consumers, and promoting contactless delivery options.
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 Party Supplies Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Party Supplies Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Party Supplies Market - Industry Life Cycle |
3.4 Vietnam Party Supplies Market - Porter's Five Forces |
3.5 Vietnam Party Supplies Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Party Supplies Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Vietnam Party Supplies Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Party Supplies Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Party Supplies Market Trends |
6 Vietnam Party Supplies Market, By Types |
6.1 Vietnam Party Supplies Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Party Supplies Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Party Supplies Market Revenues & Volume, By Balloons, 2021-2031F |
6.1.4 Vietnam Party Supplies Market Revenues & Volume, By Banners, 2021-2031F |
6.1.5 Vietnam Party Supplies Market Revenues & Volume, By Pinatas, 2021-2031F |
6.1.6 Vietnam Party Supplies Market Revenues & Volume, By Games, 2021-2031F |
6.1.7 Vietnam Party Supplies Market Revenues & Volume, By Home Decor, 2021-2031F |
6.1.8 Vietnam Party Supplies Market Revenues & Volume, By Tableware/Disposables, 2021-2031F |
6.1.9 Vietnam Party Supplies Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Vietnam Party Supplies Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Party Supplies Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Party Supplies Market Revenues & Volume, By Commercial Use, 2021-2031F |
6.2.3 Vietnam Party Supplies Market Revenues & Volume, By Domestic Use, 2021-2031F |
6.3 Vietnam Party Supplies Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Party Supplies Market Revenues & Volume, By Supermarket/Hypermarket, 2021-2031F |
6.3.3 Vietnam Party Supplies Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.3.4 Vietnam Party Supplies Market Revenues & Volume, By Specialized Store, 2021-2031F |
6.3.5 Vietnam Party Supplies Market Revenues & Volume, By E-Commerce, 2021-2031F |
6.3.6 Vietnam Party Supplies Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Party Supplies Market Import-Export Trade Statistics |
7.1 Vietnam Party Supplies Market Export to Major Countries |
7.2 Vietnam Party Supplies Market Imports from Major Countries |
8 Vietnam Party Supplies Market Key Performance Indicators |
9 Vietnam Party Supplies Market - Opportunity Assessment |
9.1 Vietnam Party Supplies Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Party Supplies Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Vietnam Party Supplies Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Party Supplies Market - Competitive Landscape |
10.1 Vietnam Party Supplies Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Party Supplies Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |