Product Code: ETC4536931 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Vietnam Vegetable Oils in Beauty and Personal Care Market is gaining traction as consumers prioritize natural and plant-based ingredients in cosmetic and skincare products. Vegetable oils, such as olive oil, coconut oil, and argan oil, are valued for their moisturizing and nourishing properties, driving their inclusion in a variety of beauty and personal care formulations. The market is characterized by a growing consciousness of the potential benefits of vegetable oils in promoting skin health and hair care. As the beauty and personal care industry in Vietnam continues to embrace natural and sustainable ingredients, the demand for Vegetable Oils is expected to witness sustained growth.
The Vietnam Vegetable Oils in Beauty and Personal Care Market is being primarily driven by the increasing consumer preference for natural and organic ingredients in cosmetics and personal care products. There is a growing awareness of the potential harm caused by synthetic chemicals and a rising interest in products that use vegetable oils as a base. These oils are seen as being more gentle and beneficial for the skin and hair. Additionally, the trend towards sustainability and eco-friendliness is pushing the demand for vegetable oils as they are often considered more environmentally friendly compared to petroleum-based ingredients. Furthermore, the beauty and personal care industry in Vietnam is experiencing rapid growth, and manufacturers are responding to the demand for vegetable oil-based products, which is contributing to the overall expansion of this market.
The challenges in the Vietnam Vegetable Oils in Beauty and Personal Care Market include the need for sustainable sourcing of raw materials, aligning with the growing demand for environmentally friendly products. Market players must navigate through consumer perceptions and preferences, addressing concerns related to product authenticity and transparency. The market`s vulnerability to price fluctuations in raw materials and the competitive landscape in the beauty and personal care industry pose additional challenges.
The Vietnam vegetable oils in the beauty and personal care market have experienced a notable impact from the COVID-19 pandemic. The restrictions and lockdown measures imposed to curb the spread of the virus have disrupted the supply chains and manufacturing processes, leading to challenges in the production and distribution of vegetable oil-based beauty and personal care products. The decreased consumer purchasing power during the economic downturn has also affected the demand for these products. Additionally, shifting consumer priorities towards essential items and a focus on hygiene have influenced product preferences. As a result, the market has witnessed fluctuations in sales and a shift in consumer behavior, prompting industry players to adapt their strategies to navigate the uncertainties brought about by the ongoing pandemic.
In the Vietnam Vegetable Oils in Beauty and Personal Care market, major players such as Cargill, Wilmar International, Bunge Limited, and IOI Corporation are driving innovation. These companies are key suppliers of vegetable oils used in various beauty and personal care products, contributing to the growing trend of natural and sustainable ingredients in the Vietnamese cosmetics industry.
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 Vegetable Oils in Beauty and Personal Care Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Vegetable Oils in Beauty and Personal Care Market - Industry Life Cycle |
3.4 Vietnam Vegetable Oils in Beauty and Personal Care Market - Porter's Five Forces |
3.5 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Vietnam Vegetable Oils in Beauty and Personal Care Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Vegetable Oils in Beauty and Personal Care Market Trends |
6 Vietnam Vegetable Oils in Beauty and Personal Care Market, By Types |
6.1 Vietnam Vegetable Oils in Beauty and Personal Care Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume, By Color Cosmetics, 2021-2031F |
6.1.4 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume, By Skin Care, 2021-2031F |
6.1.5 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume, By Hair Care, 2021-2031F |
6.2 Vietnam Vegetable Oils in Beauty and Personal Care Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume, By Conventional, 2021-2031F |
6.2.3 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume, By Organic, 2021-2031F |
6.3 Vietnam Vegetable Oils in Beauty and Personal Care Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume, By Coconut, 2021-2031F |
6.3.3 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume, By Sweet Almond, 2021-2031F |
6.3.4 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume, By Jojoba, 2021-2031F |
6.3.5 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume, By Argan, 2021-2031F |
6.3.6 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume, By Apricot, 2021-2031F |
6.3.7 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenues & Volume, By Pomegranate, 2021-2031F |
7 Vietnam Vegetable Oils in Beauty and Personal Care Market Import-Export Trade Statistics |
7.1 Vietnam Vegetable Oils in Beauty and Personal Care Market Export to Major Countries |
7.2 Vietnam Vegetable Oils in Beauty and Personal Care Market Imports from Major Countries |
8 Vietnam Vegetable Oils in Beauty and Personal Care Market Key Performance Indicators |
9 Vietnam Vegetable Oils in Beauty and Personal Care Market - Opportunity Assessment |
9.1 Vietnam Vegetable Oils in Beauty and Personal Care Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Vietnam Vegetable Oils in Beauty and Personal Care Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.3 Vietnam Vegetable Oils in Beauty and Personal Care Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Vietnam Vegetable Oils in Beauty and Personal Care Market - Competitive Landscape |
10.1 Vietnam Vegetable Oils in Beauty and Personal Care Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Vegetable Oils in Beauty and Personal Care Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |