Product Code: ETC421826 | Publication Date: Oct 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Textile Fabrics Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 13.04% in 2028, following an initial rate of 11.16%, before easing to 11.96% at the end of the period.
The Textile Fabrics market in Vietnam is projected to grow at a high growth rate of 12.92% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Vietnam textile fabrics market is a critical component of the country`s textile industry. It encompasses a wide range of fabrics, including cotton, polyester, silk, and more. The demand for textile fabrics in Vietnam is driven by various sectors, including apparel, home textiles, and industrial applications. As Vietnam continues to establish itself as a textile manufacturing powerhouse, the market for textile fabrics remains robust.
The Vietnam textile fabrics market has witnessed growth due to several key factors. Textile fabrics are essential raw materials for the textile and garment industry, which has seen significant expansion in Vietnam. The demand for high-quality fabrics, both for domestic consumption and export, has driven the market. Additionally, government support for the textile sector and investments in manufacturing infrastructure have contributed to market growth. The trend towards sustainable and eco-friendly materials has also boosted the demand for textiles made from natural fibers. Challenges may include competition from synthetic fabrics and the need to ensure consistent fabric quality.
The Vietnam textile fabrics market faces challenges related to competition from cheaper imports and fluctuations in raw material prices. Low-cost imports, often from neighboring countries, can impact the competitiveness of locally produced fabrics. Additionally, the prices of raw materials like cotton and synthetic fibers can be volatile. To succeed, businesses should focus on product differentiation, quality control, and innovation in fabric design. They should also establish strong relationships with local suppliers to manage raw material costs effectively.
The textile fabrics market encountered significant disruptions during the pandemic. The closure of retail stores, reduced consumer spending, and supply chain challenges affected the entire value chain from raw materials to finished products. The market`s recovery is closely tied to the overall economic recovery and the restoration of consumer confidence in the textile and fashion industry.
Major players in the textile fabrics market include Vinatex, Phong Phu Corporation, and TNG Investment and Trading Joint Stock Company.
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 Textile Fabrics Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Textile Fabrics Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Textile Fabrics Market - Industry Life Cycle |
3.4 Vietnam Textile Fabrics Market - Porter's Five Forces |
3.5 Vietnam Textile Fabrics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Textile Fabrics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Textile Fabrics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Textile Fabrics Market Trends |
6 Vietnam Textile Fabrics Market, By Types |
6.1 Vietnam Textile Fabrics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Textile Fabrics Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Textile Fabrics Market Revenues & Volume, By Cotton, 2021-2031F |
6.1.4 Vietnam Textile Fabrics Market Revenues & Volume, By Polycottons, 2021-2031F |
6.1.5 Vietnam Textile Fabrics Market Revenues & Volume, By Polyester, 2021-2031F |
6.2 Vietnam Textile Fabrics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Textile Fabrics Market Revenues & Volume, By T-shirts, 2021-2031F |
6.2.3 Vietnam Textile Fabrics Market Revenues & Volume, By Sportwear, 2021-2031F |
6.2.4 Vietnam Textile Fabrics Market Revenues & Volume, By Outdoor Clothing, 2021-2031F |
6.2.5 Vietnam Textile Fabrics Market Revenues & Volume, By Performance Wear, 2021-2031F |
7 Vietnam Textile Fabrics Market Import-Export Trade Statistics |
7.1 Vietnam Textile Fabrics Market Export to Major Countries |
7.2 Vietnam Textile Fabrics Market Imports from Major Countries |
8 Vietnam Textile Fabrics Market Key Performance Indicators |
9 Vietnam Textile Fabrics Market - Opportunity Assessment |
9.1 Vietnam Textile Fabrics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Textile Fabrics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Textile Fabrics Market - Competitive Landscape |
10.1 Vietnam Textile Fabrics Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Textile Fabrics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |