Product Code: ETC016190 | 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 | |
Vietnam Sunglasses market currently, in 2023, has witnessed an HHI of 4096, Which has increased slightly as compared to the HHI of 3460 in 2017. The market is moving towards 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 sunglasses market in Vietnam has been growing steadily over the past few years. The increasing awareness of eye health, fashion trends, and rising disposable income of the middle class have contributed to the market`s expansion. Sunglasses are no longer considered just a protective eyewear accessory but also a style statement.
As people become more aware of the harmful effects of UV rays on their eyes, the demand for sunglasses as a protective measure has increased. Sunglasses have become an essential fashion accessory among the younger population, driving demand for trendy and stylish eyewear. Vietnam economic growth has led to an increase in disposable income, enabling consumers to spend more on lifestyle and fashion products, including sunglasses. Vietnam is a popular tourist destination, attracting visitors from around the world. Tourists often purchase sunglasses as souvenirs or for protection against the sun during their stay.
The market may face challenges related to the presence of counterfeit sunglasses, which can impact the sales of genuine eyewear. The sunglasses market in Vietnam is competitive, with both domestic and international brands vying for market share. Any fluctuations in the country`s economy could affect consumer spending patterns and impact the demand for non-essential items like sunglasses.
Some of the key players in the Vietnam sunglasses market include both local and international brands. These may include well-known names in the eyewear industry like Ray-Ban, Oakley, Maui Jim, and local brands catering to specific segments of the market.
The Covid-19 pandemic had significant implications for various industries, including eyewear. During the height of the pandemic, lockdowns, and restrictions on movement and tourism, the sunglasses market likely experienced a decline in sales. However, as restrictions eased and the situation improved, the market was expected to gradually recover.
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 Sunglasses Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Sunglasses Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Sunglasses Market - Industry Life Cycle |
3.4 Vietnam Sunglasses Market - Porter's Five Forces |
3.5 Vietnam Sunglasses Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Sunglasses Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.7 Vietnam Sunglasses Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Sunglasses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Sunglasses Market Trends |
6 Vietnam Sunglasses Market, By Types |
6.1 Vietnam Sunglasses Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Sunglasses Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Sunglasses Market Revenues & Volume, By Polarized, 2021-2031F |
6.1.4 Vietnam Sunglasses Market Revenues & Volume, By Non-polarized, 2021-2031F |
6.2 Vietnam Sunglasses Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Sunglasses Market Revenues & Volume, By Women, 2021-2031F |
6.2.3 Vietnam Sunglasses Market Revenues & Volume, By Men, 2021-2031F |
6.2.4 Vietnam Sunglasses Market Revenues & Volume, By Unisex, 2021-2031F |
6.3 Vietnam Sunglasses Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Sunglasses Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Vietnam Sunglasses Market Revenues & Volume, By Offline, 2021-2031F |
7 Vietnam Sunglasses Market Import-Export Trade Statistics |
7.1 Vietnam Sunglasses Market Export to Major Countries |
7.2 Vietnam Sunglasses Market Imports from Major Countries |
8 Vietnam Sunglasses Market Key Performance Indicators |
9 Vietnam Sunglasses Market - Opportunity Assessment |
9.1 Vietnam Sunglasses Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Sunglasses Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.3 Vietnam Sunglasses Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Sunglasses Market - Competitive Landscape |
10.1 Vietnam Sunglasses Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Sunglasses Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |