Product Code: ETC021290 | Publication Date: Aug 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam showers and shower trays market experienced significant growth during the period from 2020 to 2026. The country`s booming real estate and construction sectors, coupled with changing consumer preferences for modern and luxurious bathrooms, contributed to the expansion of the market. As the standard of living improved and disposable incomes increased, there was a growing demand for high-quality and aesthetically pleasing showers and shower trays in both residential and commercial properties. The market saw a shift towards innovative and space-saving shower solutions, reflecting the evolving lifestyle and design preferences of Vietnamese consumers.
Several drivers fueled the growth of the showers and shower trays market in Vietnam. Firstly, the rapid urbanization and population growth in major cities created a demand for new housing and commercial spaces. As construction activities flourished, the need for modern and functional bathroom fixtures, including showers and shower trays, increased. Secondly, the growing influence of global design trends and an emphasis on interior aesthetics boosted the demand for stylish and contemporary shower solutions. Consumers sought showers with advanced features such as rain showers, thermostatic controls, and water-saving mechanisms, adding to the market`s growth. Moreover, the rising awareness of water conservation and sustainability encouraged the adoption of eco-friendly shower products with low water consumption. The promotion of green building practices and environmental certification programs further supported the market for water-efficient shower and tray options.
Despite its growth, the Vietnam showers and shower trays market faced certain challenges during the mentioned period. One of the primary challenges was the competition from low-cost and imported bathroom products. With Vietnam being an open economy, cheap imports from other countries posed a challenge for local manufacturers, especially those targeting price-sensitive segments of the market.
The outbreak of the Covid-19 pandemic in 2020 had implications for the Vietnam showers and shower trays market. The pandemic`s disruptions to construction activities and project timelines led to temporary delays in installations and renovations, affecting the demand for new showers and trays.
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 Showers and Shower Trays Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Showers and Shower Trays Market Revenues & Volume, 2020 & 2030F |
3.3 Vietnam Showers and Shower Trays Market - Industry Life Cycle |
3.4 Vietnam Showers and Shower Trays Market - Porter's Five Forces |
3.5 Vietnam Showers and Shower Trays Market Revenues & Volume Share, By Types, 2020 & 2030F |
3.6 Vietnam Showers and Shower Trays Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Vietnam Showers and Shower Trays Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Showers and Shower Trays Market Trends |
6 Vietnam Showers and Shower Trays Market, By Types |
6.1 Vietnam Showers and Shower Trays Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Showers and Shower Trays Market Revenues & Volume, By Types, 2020-2030F |
6.1.3 Vietnam Showers and Shower Trays Market Revenues & Volume, By Ceramic, 2020-2030F |
6.1.4 Vietnam Showers and Shower Trays Market Revenues & Volume, By Acrylic, 2020-2030F |
6.1.5 Vietnam Showers and Shower Trays Market Revenues & Volume, By Steel, 2020-2030F |
6.2 Vietnam Showers and Shower Trays Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Showers and Shower Trays Market Revenues & Volume, By Commercial, 2020-2030F |
6.2.3 Vietnam Showers and Shower Trays Market Revenues & Volume, By Residential, 2020-2030F |
7 Vietnam Showers and Shower Trays Market Import-Export Trade Statistics |
7.1 Vietnam Showers and Shower Trays Market Export to Major Countries |
7.2 Vietnam Showers and Shower Trays Market Imports from Major Countries |
8 Vietnam Showers and Shower Trays Market Key Performance Indicators |
9 Vietnam Showers and Shower Trays Market - Opportunity Assessment |
9.1 Vietnam Showers and Shower Trays Market Opportunity Assessment, By Types, 2020 & 2030F |
9.2 Vietnam Showers and Shower Trays Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Vietnam Showers and Shower Trays Market - Competitive Landscape |
10.1 Vietnam Showers and Shower Trays Market Revenue Share, By Companies, 2023 |
10.2 Vietnam Showers and Shower Trays Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |