The market for food preparation appliances is set for moderate growth, with projections indicating an increase of USD 45.4 million and a compound annual growth rate (CAGR) nearing 9.1% over the forecast period. In Vietnam, the food preparation appliances market is experiencing growth, driven by rising disposable incomes and increasing urbanization. As more Vietnamese consumers move into urban areas and join the middle class, there is a growing demand for modern, time-saving kitchen appliances such as blenders, food processors, and air fryers. Additionally, the trend toward healthier eating is gaining momentum, pushing consumers to invest in appliances that support nutritious home cooking, such as juicers and steamers. The increasing availability of affordable, energy-efficient products is also making these appliances more accessible to a wider range of consumers.
The report provides a comprehensive analysis of the Vietnam food preparation appliances industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type and distribution channel. The insights gained from this evaluation help reveal the growth potential within the food preparation appliances sector.
Market Segmentation
The segmentation of the Vietnam food preparation appliances market is outlined below:
Product type: blenders, food processors, juice extractors, centrifugal juicers, mixers, others
Distribution channel: supermarkets and hypermarkets, electronics and appliance stores, e-commerce, others
The Vietnam market for food preparation appliances is divided based on product type and distribution channel. By product type, the market features blenders, food processors, juice extractors, centrifugal juicers, mixers, and others. Distribution channel segmentation comprises supermarkets and hypermarkets, electronics and appliance stores, e-commerce, and others.
Competitive Landscape
The food preparation appliances market remains highly competitive, with major players including Winia Group, Versuni Holding B.V., TIROSS Co. Ltd., Tara JSC, Sunhouse Group JSC, Son Thang Co. Ltd., Sanaky Co. Ltd., Panasonic Corporation, Lock & Lock Co. Ltd., Groupe SEB, Goldsun Vietnam JSC and B&B Trends S.L.
This report presents an extensive analysis of major entities in the food preparation appliances market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Vietnam food preparation appliances market.
Gain in-depth analysis and forecasts for the key segments of the Vietnam food preparation appliances market: product type 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 food preparation appliances market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Vietnam food preparation 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 Food Preparation Appliances Market – Product Type Analysis
Vietnam Food Preparation Appliances Market – Distribution Channel Analysis
Key Players and Market Share
– Winia Group
– Versuni Holding B.V.
– TIROSS Co., Ltd.
– Tara JSC
– Sunhouse Group JSC
– Son Thang Co., Ltd.
– Sanaky Co., Ltd.
– Panasonic Corporation
– Lock & Lock Co., Ltd.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Vietnam Food Preparation Appliances Market 2019-2029
Chart Vietnam Food Preparation Appliances Market, Net Growth, 2019-2029
Chart Vietnam Food Preparation Appliances Market, Growth Rates, 2019-2029
Table Vietnam Food Preparation Appliances Market by Product Type, 2019-2029
Chart Vietnam Food Preparation Appliances Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Food Preparation Appliances Market by Product Type, 2019-2029
Table Vietnam Food Preparation Appliances Market by Distribution Channel, 2019-2029
Chart Vietnam Food Preparation Appliances Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Food Preparation Appliances Market by Distribution Channel, 2019-2029
Table Vietnam Food Preparation Appliances Market Share (%), by Companies, 2019-2023
Chart Vietnam Food Preparation Appliances Market, by Companies, 2023
Table Vietnam Food Preparation Appliances Market Share (%), by Brands, 2019-2023
Chart Vietnam Food Preparation 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 Food Preparation Appliances Market: Spend as a Proportion of GDP (%)
Table Vietnam Food Preparation Appliances Market: Consumption per Capita (Population)
Companies Mentioned
Winia Group
Versuni Holding B.V.
TIROSS Co., Ltd.
Tara JSC
Sunhouse Group JSC
Son Thang Co., Ltd.
Sanaky Co., Ltd.
Panasonic Corporation
Lock & Lock Co., Ltd.
Groupe SEB
Goldsun Vietnam JSC
B&B Trends S.L.