Product Code: ETC011930 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Vietnam Sports Shoes market currently, in 2023, has witnessed an HHI of 6126, Which has increased slightly as compared to the HHI of 4228 in 2017. The market is moving towards Highly concentrated. 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.
The sports shoes market in Vietnam has been witnessing steady growth due to various factors, including an increasing interest in fitness and sports activities among the population, rising disposable incomes, and changing lifestyles. With a growing emphasis on health and wellness, there has been an upswing in the demand for sports footwear in the country.
As people become more aware of the importance of leading an active lifestyle, the demand for sports shoes for various sports and fitness activities increases. Vietnam has experienced economic growth, leading to a rise in disposable income levels. This has allowed consumers to spend more on sports-related products, including sports shoes. The ongoing urbanization and shift in lifestyles have led to an increased focus on leisure and sports activities, further driving the demand for sports shoes. The expansion of retail channels, both physical stores and e-commerce platforms, has made sports shoes more accessible to a broader consumer base.
Vietnam sports shoe manufacturers face tough competition from well-established international brands that have a strong presence in the market. The prevalence of counterfeit sports shoes can negatively impact the sales of genuine brands, affecting consumer trust and brand reputation. Any fluctuations in the prices of raw materials, such as rubber and leather, can affect the production costs of sports shoes.
Some of the key players in the Vietnam sports shoes market include both international and domestic brands, such as Nike, Adidas, Puma, Asics, New Balance, Li-Ning, and Biti`s.
The COVID-19 pandemic has had significant effects on various industries, and the sports shoes market was no exception. During the pandemic, many retail stores were closed, and consumer spending on non-essential items like sports shoes decreased. However, there might have been an increase in demand for sports shoes suitable for home workouts or outdoor activities as people sought ways to stay active while adhering to lockdown restrictions.
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 Sports Shoes Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Sports Shoes Market Revenues & Volume, 2020 & 2030F |
3.3 Vietnam Sports Shoes Market - Industry Life Cycle |
3.4 Vietnam Sports Shoes Market - Porter's Five Forces |
3.5 Vietnam Sports Shoes Market Revenues & Volume Share, By Gender Type, 2020 & 2030F |
3.6 Vietnam Sports Shoes Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Vietnam Sports Shoes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Sports Shoes Market Trends |
6 Vietnam Sports Shoes Market, By Types |
6.1 Vietnam Sports Shoes Market, By Gender Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Sports Shoes Market Revenues & Volume, By Gender Type, 2020-2030F |
6.1.3 Vietnam Sports Shoes Market Revenues & Volume, By Men, 2020-2030F |
6.1.4 Vietnam Sports Shoes Market Revenues & Volume, By Women, 2020-2030F |
6.1.5 Vietnam Sports Shoes Market Revenues & Volume, By Kids, 2020-2030F |
6.2 Vietnam Sports Shoes Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Sports Shoes Market Revenues & Volume, By Online, 2020-2030F |
6.2.3 Vietnam Sports Shoes Market Revenues & Volume, By Offline, 2020-2030F |
7 Vietnam Sports Shoes Market Import-Export Trade Statistics |
7.1 Vietnam Sports Shoes Market Export to Major Countries |
7.2 Vietnam Sports Shoes Market Imports from Major Countries |
8 Vietnam Sports Shoes Market Key Performance Indicators |
9 Vietnam Sports Shoes Market - Opportunity Assessment |
9.1 Vietnam Sports Shoes Market Opportunity Assessment, By Gender Type, 2020 & 2030F |
9.2 Vietnam Sports Shoes Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Vietnam Sports Shoes Market - Competitive Landscape |
10.1 Vietnam Sports Shoes Market Revenue Share, By Companies, 2023 |
10.2 Vietnam Sports Shoes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |