Product Code: ETC045670 | 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 Sun Care Products Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 15.10% in 2028, following an initial rate of 13.14%, before easing to 13.89% at the end of the period.
The Sun Care Products market in Vietnam is projected to grow at a high growth rate of 14.99% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Vietnam Sun Care Products Market has been experiencing robust growth, driven by increasing awareness of sun protection and the growing concern over skin health. The country`s tropical climate and high UV radiation levels have led to a rising demand for sun care products, including sunscreen lotions, creams, sprays, and lip balms. The market is witnessing significant innovations, with the introduction of products offering higher SPF levels, water resistance, and natural and organic ingredients. Additionally, the rising popularity of outdoor activities and beach tourism has further contributed to the market`s growth. The presence of both local and international skincare brands, along with extensive marketing campaigns, has helped in promoting sun care awareness among consumers.
The Vietnam Sun Care Products Market is driven by several factors contributing to the growing awareness and demand for sun protection products. The country`s tropical climate and high UV radiation levels have led to an increased understanding of the importance of sun protection for skin health. Rising consumer awareness about the harmful effects of UV rays, such as premature aging and skin cancer, has led to a surge in demand for sun care products. The popularity of outdoor activities and beach tourism in Vietnam has further contributed to the market`s growth, as consumers seek effective sun protection solutions. The market`s expansion is also supported by the introduction of innovative products with higher SPF levels, water resistance, and natural ingredients.
The Vietnam Sun Care Products Market encounters specific challenges that may affect its growth trajectory. One significant challenge is the price sensitivity of consumers, particularly in rural areas, which may limit the adoption of premium sun care products. Counterfeit products and unregulated imports may pose risks to consumers and impact the market`s credibility. The effectiveness of certain sun care products under extreme weather conditions and outdoor activities can also be a challenge. Additionally, the lack of comprehensive public awareness campaigns about the importance of sun protection may result in suboptimal sunscreen usage among some segments of the population.
The Vietnam Sun Care Products Market experienced a mixed impact during the COVID-19 pandemic. While there was an initial decline in the demand for sun care products due to reduced outdoor activities and travel restrictions, the increased focus on health and hygiene during the pandemic led to a growing awareness of sun protection. As people began to spend more time outdoors for recreational purposes, the demand for sunscreens and sun care products saw a gradual recovery. Manufacturers adapted to the changing consumer needs by introducing innovative products with added skin benefits and natural ingredients. E-commerce platforms also played a crucial role in reaching consumers during lockdown periods. The market`s recovery was also supported by the government`s initiatives to promote health and wellness, including awareness campaigns on sun protection.
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 Sun Care Products Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Sun Care Products Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Sun Care Products Market - Industry Life Cycle |
3.4 Vietnam Sun Care Products Market - Porter's Five Forces |
3.5 Vietnam Sun Care Products Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Sun Care Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Sun Care Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Sun Care Products Market Trends |
6 Vietnam Sun Care Products Market, By Types |
6.1 Vietnam Sun Care Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Sun Care Products Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Sun Care Products Market Revenues & Volume, By Self Tanning, 2021-2031F |
6.1.4 Vietnam Sun Care Products Market Revenues & Volume, By After Sun, 2021-2031F |
6.1.5 Vietnam Sun Care Products Market Revenues & Volume, By Sun Protection, 2021-2031F |
6.2 Vietnam Sun Care Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Sun Care Products Market Revenues & Volume, By Supermarkets/ Hypermarkets, 2021-2031F |
6.2.3 Vietnam Sun Care Products Market Revenues & Volume, By Specialists Stores, 2021-2031F |
6.2.4 Vietnam Sun Care Products Market Revenues & Volume, By Online Store, 2021-2031F |
6.2.5 Vietnam Sun Care Products Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Sun Care Products Market Import-Export Trade Statistics |
7.1 Vietnam Sun Care Products Market Export to Major Countries |
7.2 Vietnam Sun Care Products Market Imports from Major Countries |
8 Vietnam Sun Care Products Market Key Performance Indicators |
9 Vietnam Sun Care Products Market - Opportunity Assessment |
9.1 Vietnam Sun Care Products Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Sun Care Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Sun Care Products Market - Competitive Landscape |
10.1 Vietnam Sun Care Products Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Sun Care Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |