Vietnam Wholesale Market (2025-2031) | Share, Forecast, Growth, Trends, Industry, Size, Revenue, Outlook, Analysis, Segmentation

Market Forecast By Type (Non-Durable Goods Merchant Wholesalers, Wholesale Electronic Markets And Agents And Brokers, Durable Goods Merchant Wholesalers), By Ownership (Wholesale/Distribution Chain, Independent Wholesalers) And Competitive Landscape

Product Code: ETC035330 Publication Date: Jun 2023 Updated Date: Mar 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Vietnam Wholesale Market Highlights

Report Name Vietnam Wholesale Market
Forecast period 2025-2031
CAGR 6.2%
Growing Sector Electronics

Topics Covered in the Vietnam Wholesale Market Report

Vietnam Wholesale Market report thoroughly covers the market by type and by ownership The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Vietnam Wholesale Market Synopsis

Vietnam Wholesale Market has experienced significant growth in recent years, driven by the expansion of both domestic and international trade. Factors such as rising consumer demands, urbanization, and the proliferation of modern retail chains have contributed to this upward trajectory. Additionally, Vietnam's strategic location in Southeast Asia and government initiatives aimed at improving trade infrastructure have further accelerated the market’s growth. The emergence of e-commerce platforms has also reshaped the wholesale landscape, providing businesses with more efficient distribution channels and access to a wider customer base. This dynamic environment positions Vietnam as a key player in the region’s wholesale trading sector.

According to 6Wresearch, the Vietnam Wholesale Market is projected to grow at a CAGR of 6.2% during the forecast period 2025-2031. This growth is anticipated to be driven by continued economic development, increased investments in trade and logistics infrastructure, and the rising adoption of digital technologies in the wholesale sector. Key areas such as consumer goods, agricultural products, and industrial equipment are expected to contribute significantly to Vietnam Wholesale Market Growth. Furthermore, Vietnam's growing middle class and evolving consumer preferences are likely to fuel demand, encouraging wholesalers to adopt innovative strategies and adapt to emerging market trends.

However, the Vietnam Wholesale Industry faces several challenges that could impede its growth trajectory. One significant hurdle is the fragmentation of the market, with numerous small and medium-sized enterprises competing, leading to inefficiencies and difficulties in scaling operations. Additionally, inadequate infrastructure in certain regions poses logistical challenges, limiting the ability to meet growing demand effectively. The industry also struggles with limited access to advanced technologies for smaller players, creating a digital divide that hampers competitiveness. Regulatory complexities and fluctuating trade policies add further uncertainty, while global economic volatility and supply chain disruptions continue to test the resilience of industry stakeholders. Addressing these challenges will be critical to unlocking the full potential of Vietnam's wholesale sector.

Vietnam Wholesale Market Trends

Vietnam Wholesale Market is witnessing several positive trends that signal strong potential for growth. The increasing adoption of e-commerce and digital platforms is transforming the way wholesalers conduct their business, enabling broader market reach and improved operational efficiency. Investments in infrastructure development, such as improved transportation networks, are also gradually alleviating logistical issues, paving the way for smoother supply chain operations. Additionally, the rising demand for locally sourced and sustainable products has opened new avenues for businesses to cater to conscious consumers. Foreign direct investments and strategic partnerships are further driving innovation and modernization, equipping the industry with the tools needed to compete in an increasingly globalized market. These trends highlight the dynamic evolution of Vietnam's wholesale sector, making it a promising landscape for future opportunities.

Investment Opportunities in the Vietnam Wholesale Market

Vietnam Wholesale Market presents numerous investment opportunities for both local and international stakeholders. With the rapid growth of e-commerce, there is significant potential for investments in digital infrastructure and online marketplace platforms tailored to wholesale operations. Additionally, the surge in demand for sustainable and locally sourced products creates openings for businesses to invest in eco-friendly supply chains and local production capabilities. The ongoing development of transportation and logistics infrastructure offers opportunities for investors to support advanced warehousing, distribution networks, and last-mile delivery systems. Furthermore, the Vietnamese government's favourable policies and incentives for foreign direct investment continue to attract global players, fostering innovation and collaboration in the wholesale sector. These factors collectively make Vietnam an attractive destination for strategic investments in this evolving market.

Leading Players in the Vietnam Wholesale Market

Leading players in the Vietnam wholesale market include prominent domestic and international companies that have established strong footholds in the sector. Notable names include Saigon Co.op, one of the largest retail and wholesale chains in Vietnam, known for its extensive network and diverse product range. Mega Market (formerly Metro Cash & Carry) is another key player, offering comprehensive wholesale solutions and focusing on professional customers such as hotels, restaurants, and small retailers. Additionally, platforms like Alibaba and Lazada are capitalizing on the growing e-commerce trend, connecting wholesalers with buyers through innovative digital solutions. These companies, alongside other emerging players, continue to shape the dynamic landscape of Vietnam’s wholesale market, leveraging technology, robust supply networks, and customer-centric strategies.

Government Regulations

Government regulations play a pivotal role in shaping Vietnam wholesale market by fostering fair competition and ensuring compliance with international trade standards. Policies promoting foreign direct investment (FDI) have encouraged the entry of global players, while local businesses benefit from supportive measures aimed at enhancing competitiveness. Regulations such as those governing import-export activities, taxation, and quality control are designed to streamline operations and protect consumer interests. Additionally, the government emphasizes digital transformation, offering incentives for businesses to adopt e-commerce platforms and modernize supply chains. These regulatory frameworks not only provide structure to the market but also drive its growth and integration into the global economy.

Future Insights of the Vietnam Wholesale Market

Vietnam Wholesale Market is poised for significant transformation driven by advancements in technology, increasing globalization, and evolving consumer preferences. The adoption of digital platforms and automation is expected to enhance supply chain efficiency, reduce operational costs, and improve access for small and medium enterprises (SMEs). With continued government support for foreign investment and infrastructure development, the market is likely to attract more global players, promoting healthy competition and innovation. Additionally, the focus on sustainable practices and eco-friendly solutions will increasingly shape business strategies, reflecting consumer demand for ethical and environmentally conscious trade. These trends indicate a vibrant and competitive future for Vietnam's wholesale market, firmly establishing it as a critical player in the global trading network.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Non-durable goods to Dominate the Market-By Type

According to Vasudha, Senior Research Analyst, 6Wresearch, Non-Durable Goods Merchant Wholesalers emerge as a dominant segment. This is largely attributed to the growing demand for everyday essentials such as food, beverages, textile products, and personal care items. Vietnam's expanding population and urbanization have further fueled the consumption of non-durable goods, making this segment highly lucrative. Strong local production capabilities and efficient distribution networks also contribute significantly to its dominance.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Vietnam Wholesale Market Outlook
  • Market Size of Vietnam Wholesale Market, 2024
  • Forecast of Vietnam Wholesale Market, 2031
  • Historical Data and Forecast of Vietnam Wholesale Revenues & Volume for the Period 2021-2031
  • Vietnam Wholesale Market Trend Evolution
  • Vietnam Wholesale Market Drivers and Challenges
  • Vietnam Wholesale Price Trends
  • Vietnam Wholesale Porter's Five Forces
  • Vietnam Wholesale Industry Life Cycle
  • Historical Data and Forecast of Vietnam Wholesale Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Wholesale Market Revenues & Volume By Non-Durable Goods Merchant Wholesalers for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Wholesale Market Revenues & Volume By Wholesale Electronic Markets And Agents And Brokers for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Wholesale Market Revenues & Volume By Durable Goods Merchant Wholesalers for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Wholesale Market Revenues & Volume By Ownership for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Wholesale Market Revenues & Volume By Wholesale/Distribution Chain for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Wholesale Market Revenues & Volume By Independent Wholesalers for the Period 2021-2031
  • Vietnam Wholesale Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Ownership
  • Vietnam Wholesale Top Companies Market Share
  • Vietnam Wholesale Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Wholesale Company Profiles
  • Vietnam Wholesale Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

By Type

  • Non-Durable Goods Merchant Wholesalers
  • Wholesale Electronic Markets
  •  Agents And Brokers
  • Durable Goods Merchant Wholesalers

By Ownership

  • Wholesale/Distribution Chain
  • Independent Wholesalers

Vietnam Wholesale Market (2025-2031): FAQs

Economic growth, rising disposable income, industrial expansion, and the rise of e-commerce are key growth drivers.
Trade agreements, growing consumer demand, and supportive government policies are the main drivers.
Challenges include intense competition, logistics and distribution issues, regulatory changes, and price volatility.
The market is expected to grow steadily, fueled by expanding e-commerce, increasing urbanization, and improved infrastructure.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Wholesale Market Overview
3.1 Vietnam Country Macro Economic Indicators
3.2 Vietnam Wholesale Market Revenues & Volume, 2021 & 2031F
3.3 Vietnam Wholesale Market - Industry Life Cycle
3.4 Vietnam Wholesale Market - Porter's Five Forces
3.5 Vietnam Wholesale Market Revenues & Volume Share, By Type, 2021 & 2031F
3.6 Vietnam Wholesale Market Revenues & Volume Share, By Ownership, 2021 & 2031F
4 Vietnam Wholesale Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Vietnam Wholesale Market Trends
6 Vietnam Wholesale Market, By Types
6.1 Vietnam Wholesale Market, By Type
6.1.1 Overview and Analysis
6.1.2 Vietnam Wholesale Market Revenues & Volume, By Type, 2021 - 2031F
6.1.3 Vietnam Wholesale Market Revenues & Volume, By Non-Durable Goods Merchant Wholesalers, 2021 - 2031F
6.1.4 Vietnam Wholesale Market Revenues & Volume, By Wholesale Electronic Markets And Agents And Brokers, 2021 - 2031F
6.1.5 Vietnam Wholesale Market Revenues & Volume, By Durable Goods Merchant Wholesalers, 2021 - 2031F
6.2 Vietnam Wholesale Market, By Ownership
6.2.1 Overview and Analysis
6.2.2 Vietnam Wholesale Market Revenues & Volume, By Wholesale/Distribution Chain, 2021 - 2031F
6.2.3 Vietnam Wholesale Market Revenues & Volume, By Independent Wholesalers, 2021 - 2031F
7 Vietnam Wholesale Market Import-Export Trade Statistics
7.1 Vietnam Wholesale Market Export to Major Countries
7.2 Vietnam Wholesale Market Imports from Major Countries
8 Vietnam Wholesale Market Key Performance Indicators
9 Vietnam Wholesale Market - Opportunity Assessment
9.1 Vietnam Wholesale Market Opportunity Assessment, By Type, 2021 & 2031F
9.2 Vietnam Wholesale Market Opportunity Assessment, By Ownership, 2021 & 2031F
10 Vietnam Wholesale Market - Competitive Landscape
10.1 Vietnam Wholesale Market Revenue Share, By Companies, 2024
10.2 Vietnam Wholesale Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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