| Product Code: ETC034070 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Vietnam trimming materials market experienced steady growth between 2025 and 2031. Trimming materials, including fabrics, ribbons, laces, and decorative elements, play a crucial role in various industries, particularly in fashion, interior decoration, and handicrafts. The market`s expansion can be attributed to the country`s growing fashion industry, increasing disposable income, and the popularity of DIY and handmade crafts. As Vietnam economy continued to develop, the demand for high-quality and diverse trimming materials surged, driving the market forward. Additionally, the rise of e-commerce and online retail platforms further contributed to the market`s growth during the specified period.
Several key drivers played a vital role in propelling the growth of Vietnam trimming materials market. Firstly, the flourishing fashion industry in the country contributed significantly to the demand for trimming materials. As Vietnamese consumers increasingly embraced fashion trends and sought unique and personalized clothing and accessories, the demand for ribbons, laces, and other trimming elements increased. Secondly, the rise of interior decoration and home improvement activities further drove the market`s expansion. As homeowners sought to beautify their living spaces, the demand for decorative trimming materials for curtains, cushions, and other furnishings grew substantially. Moreover, the popularity of DIY and handmade crafts in Vietnam significantly impacted the trimming materials market. DIY enthusiasts and artisans required a variety of trimming materials to create personalized and custom-made items, leading to increased sales in the market.
Despite its growth, the Vietnam trimming materials market encountered certain challenges during the period under review. One of the major challenges was the availability of counterfeit or substandard trimming materials in the market. These low-quality products not only compromised the aesthetics and durability of finished products but also affected the reputation of legitimate trimming material suppliers. Another significant challenge was the fluctuation in raw material prices. Trimming materials, particularly fabrics and ribbons, are often influenced by global commodity prices, which can impact the production costs for manufacturers. Such price fluctuations may affect the pricing of trimming materials and impact profit margins for suppliers.
The Covid-19 pandemic had a notable impact on the Vietnam trimming materials market. During the initial phases of the pandemic, economic activities were affected due to lockdowns and restrictions, leading to a decline in demand for trimming materials. With events and social gatherings being limited, the demand for fashion and decorative items reduced, resulting in decreased purchases of trimming materials. However, as the pandemic progressed, the market started to recover. The increased time spent at home during lockdowns led to a surge in DIY and crafting activities, boosting the demand for trimming materials. Moreover, the shift towards online shopping and the rise of e-commerce platforms during the pandemic allowed trimming material suppliers to reach a broader customer base and maintain sales.
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 Trimming Materials Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Trimming Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Trimming Materials Market - Industry Life Cycle |
3.4 Vietnam Trimming Materials Market - Porter's Five Forces |
3.5 Vietnam Trimming Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Trimming Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Trimming Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Trimming Materials Market Trends |
6 Vietnam Trimming Materials Market, By Types |
6.1 Vietnam Trimming Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Trimming Materials Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Trimming Materials Market Revenues & Volume, By Wood, 2021-2031F |
6.1.4 Vietnam Trimming Materials Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.5 Vietnam Trimming Materials Market Revenues & Volume, By Metal , 2021-2031F |
6.1.6 Vietnam Trimming Materials Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Trimming Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Trimming Materials Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Vietnam Trimming Materials Market Revenues & Volume, By Non-Residential, 2021-2031F |
7 Vietnam Trimming Materials Market Import-Export Trade Statistics |
7.1 Vietnam Trimming Materials Market Export to Major Countries |
7.2 Vietnam Trimming Materials Market Imports from Major Countries |
8 Vietnam Trimming Materials Market Key Performance Indicators |
9 Vietnam Trimming Materials Market - Opportunity Assessment |
9.1 Vietnam Trimming Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Trimming Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Trimming Materials Market - Competitive Landscape |
10.1 Vietnam Trimming Materials Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Trimming Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |