The Vietnam laundry appliances market is projected to expand from USD 1,171.0 million in 2023 to USD 1,985.6 million by 2029, achieving a compound annual growth rate (CAGR) of 9.2% during the period from 2024 to 2029. The home laundry appliances market in Vietnam is driven by rapid urbanization and a growing middle class, leading to increased demand for time-saving home appliances. As disposable incomes rise, more households are upgrading to washing machines and dryers. Additionally, the trend towards energy-efficient and compact models, catering to both smaller living spaces and cost-conscious consumers, is further fueling market growth.
The report delivers an in-depth analysis of the Vietnam laundry appliances industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the laundry appliances market.
Market Segmentation
The following outlines the segmentation of the Vietnam laundry appliances market:
Product: washer dryers, washing machines
Distribution channel: supermarkets and hypermarkets, home appliance stores, e-commerce, others
The laundry appliances market in the Vietnam is segmented by product and distribution channel. Product segments are divided into washer dryers, and washing machines. Distribution channel segmentation includes supermarkets and hypermarkets, home appliance stores, e-commerce, and others.
Competitive Landscape
In examining the competitive landscape, key players in the laundry appliances market include The Samsung Group, Panasonic Corporation, Midea Group Co. Ltd., LG Corporation, Hon Hai Precision Industry Co. Ltd., Haier Group Corporation, Electrolux AB and Arcelik A.S. This report delivers an in-depth examination of leading companies in the laundry appliances sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Vietnam laundry appliances market.
Gain in-depth analysis and forecasts for the key segments of the Vietnam laundry appliances market: product and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Vietnam laundry appliances market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Vietnam laundry appliances market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Vietnam Laundry Appliances Market – Product Analysis
Vietnam Laundry Appliances Market – Distribution Channel Analysis
Key Players and Market Share
– The Samsung Group
– Panasonic Corporation
– Midea Group Co., Ltd.
– LG Corporation
– Hon Hai Precision Industry Co., Ltd.
– Haier Group Corporation
– Electrolux AB
– Arcelik A.S.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Vietnam Laundry Appliances Market 2019-2029
Chart Vietnam Laundry Appliances Market, Net Growth, 2019-2029
Chart Vietnam Laundry Appliances Market, Growth Rates, 2019-2029
Table Vietnam Laundry Appliances Market by Product, 2019-2029
Chart Vietnam Laundry Appliances Market by Product, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Laundry Appliances Market by Product, 2019-2029
Table Vietnam Laundry Appliances Market by Distribution Channel, 2019-2029
Chart Vietnam Laundry Appliances Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Laundry Appliances Market by Distribution Channel, 2019-2029
Table Vietnam Laundry Appliances Market Share (%), by Companies, 2019-2023
Chart Vietnam Laundry Appliances Market, by Companies, 2023
Table Vietnam Laundry Appliances Market Share (%), by Brands, 2019-2023
Chart Vietnam Laundry Appliances Market, by Brands, 2023
Table Vietnam – Population (Millions) and Forecast
Table Vietnam – Consumer Price Index (CPI) and Forecast
Table Vietnam – Gross Domestic Product and Forecast
Table Vietnam Laundry Appliances Market: Spend as a Proportion of GDP (%)
Table Vietnam Laundry Appliances Market: Consumption per Capita (Population)
Companies Mentioned
The Samsung Group
Panasonic Corporation
Midea Group Co., Ltd.
LG Corporation
Hon Hai Precision Industry Co., Ltd.
Haier Group Corporation
Electrolux AB
Arcelik A.S.