Product Code: ETC023990 | 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 | |
The Vietnam skincare creams and lotions market has been experiencing robust growth in recent years, driven by changing consumer perceptions towards personal grooming, increasing disposable incomes, and a growing awareness of skincare routines. Skincare creams and lotions are essential products in daily skincare regimes, catering to various skin concerns such as moisturizing, anti-aging, and sun protection. As the beauty and personal care industry witness a surge in demand, the market for skincare creams and lotions continues to expand.
Several factors have contributed to the growth of the skincare creams and lotions market in Vietnam. Firstly, the increasing urbanization and exposure to beauty trends through social media and beauty influencers have led to a rising demand for skincare products among young urban consumers. Secondly, the growing focus on self-care and wellness has influenced consumers to invest in skincare products that promote skin health and appearance. Moreover, the availability of a wide range of skincare creams and lotions, including both domestically produced and imported products, has provided consumers with various options to address their specific skincare needs.
Despite its growth, the Vietnam skincare creams and lotions market faces certain challenges. One of the primary challenges is the competition from numerous brands and products, making it crucial for skincare companies to differentiate themselves through product innovation and marketing strategies. Additionally, consumer concerns about the ingredients used in skincare products and the authenticity of certain products may affect consumer trust in the market.
The Covid-19 pandemic had implications for the Vietnam skincare creams and lotions market. During lockdowns and periods of restricted movement, the sales of skincare products may have temporarily declined due to reduced consumer spending on non-essential items. Moreover, with increased hygiene awareness during the pandemic, there may have been a shift in consumer preferences towards products with natural and clean ingredients. However, the pandemic also brought opportunities for skincare companies to focus on e-commerce and online sales channels, as consumers turned to digital platforms for their shopping needs.
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 Skincare Creams and Lotions Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Skincare Creams and Lotions Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Skincare Creams and Lotions Market - Industry Life Cycle |
3.4 Vietnam Skincare Creams and Lotions Market - Porter's Five Forces |
3.5 Vietnam Skincare Creams and Lotions Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Skincare Creams and Lotions Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Skincare Creams and Lotions Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Skincare Creams and Lotions Market Trends |
6 Vietnam Skincare Creams and Lotions Market, By Types |
6.1 Vietnam Skincare Creams and Lotions Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Skincare Creams and Lotions Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Skincare Creams and Lotions Market Revenues & Volume, By Face Cream, 2021-2031F |
6.1.4 Vietnam Skincare Creams and Lotions Market Revenues & Volume, By Body Lotion, 2021-2031F |
6.2 Vietnam Skincare Creams and Lotions Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Skincare Creams and Lotions Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 Vietnam Skincare Creams and Lotions Market Revenues & Volume, By Supermarket & Hypermarket, 2021-2031F |
6.2.4 Vietnam Skincare Creams and Lotions Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.5 Vietnam Skincare Creams and Lotions Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Skincare Creams and Lotions Market Import-Export Trade Statistics |
7.1 Vietnam Skincare Creams and Lotions Market Export to Major Countries |
7.2 Vietnam Skincare Creams and Lotions Market Imports from Major Countries |
8 Vietnam Skincare Creams and Lotions Market Key Performance Indicators |
9 Vietnam Skincare Creams and Lotions Market - Opportunity Assessment |
9.1 Vietnam Skincare Creams and Lotions Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Skincare Creams and Lotions Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Skincare Creams and Lotions Market - Competitive Landscape |
10.1 Vietnam Skincare Creams and Lotions Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Skincare Creams and Lotions Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |