Projections for the Vietnam perfume market suggest a promising growth trajectory, with an anticipated rise of USD 67.7 million and a compound annual growth rate (CAGR) nearing 8.4% over the next five years. In Vietnam, the perfume market is being driven by rising disposable incomes and the growing middle class, particularly in major cities like Ho Chi Minh City and Hanoi. The influence of global fashion trends and an increasing interest in personal grooming among young professionals is also boosting demand for luxury and premium fragrances. The rise of online retail platforms is also making a wider range of perfumes more accessible, contributing to the expansion of the market.
This report presents a detailed overview of the Vietnam perfume industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, price range, packaging and distribution channel. This detailed analysis supports the identification of growth opportunities within the perfume industry.
Market Segmentation
The Vietnam perfume market is structured as follows:
Product type: men’s perfume, women’s perfume, unisex perfume
Price range: mass, premium
Packaging: glass bottles, plastic bottles, others (crystal, metal, etc.)
Distribution channel: supermarkets and hypermarkets, grocery stores, department stores, health and beauty stores, e-commerce, others
The perfume market in Vietnam is segmented across product type, price range, packaging and distribution channel. In terms of product type, the market is segmented into men’s perfume, women’s perfume, and unisex perfume. Price range categories include mass, and premium. Packaging segments consist of glass bottles, plastic bottles, and others (crystal, metal, etc.). Distribution channel segmentation includes supermarkets and hypermarkets, grocery stores, department stores, health and beauty stores, e-commerce, and others.
Competitive Landscape
The Vietnam perfume market remains highly competitive, with major players including Wipro Limited, Shiseido Company Limited, Saigon Cosmetics Corporation (SCC), Revlon Inc., PUIG SL, Oriflame Cosmetics S.A., Marico Limited, LVMH Moet Hennessy Louis Vuitton SA (LVMH), L’Oreal S.A., LG Household & Health Care Ltd., Lana Cosmetics S.A.E, Inter Parfums Inc., Give Back Beauty LLC (GBB), Euroitalia S.R.L., Coty Inc. and Chanel S.A.
The report provides a detailed assessment of prominent companies within the perfume market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Vietnam perfume market.
Gain in-depth analysis and forecasts for the key segments of the Vietnam perfume market: product type, price range, packaging 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 perfume market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Vietnam perfume 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 Perfume Market – Product Type Analysis
Vietnam Perfume Market – Price Range Analysis
Vietnam Perfume Market – Packaging Analysis
Vietnam Perfume Market – Distribution Channel Analysis
Key Players and Market Share
– Wipro Limited
– Shiseido Company, Limited
– Saigon Cosmetics Corporation (SCC)
– Revlon, Inc.
– PUIG SL
– Oriflame Cosmetics S.A.
– Marico Limited
– LVMH Moet Hennessy Louis Vuitton SA (LVMH)
– L’Oreal S.A.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Vietnam Perfume Market 2019-2029
Chart Vietnam Perfume Market, Net Growth, 2019-2029
Chart Vietnam Perfume Market, Growth Rates, 2019-2029
Table Vietnam Perfume Market by Product Type, 2019-2029
Chart Vietnam Perfume Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Perfume Market by Product Type, 2019-2029
Table Vietnam Perfume Market by Price Range, 2019-2029
Chart Vietnam Perfume Market by Price Range, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Perfume Market by Price Range, 2019-2029
Table Vietnam Perfume Market by Packaging, 2019-2029
Chart Vietnam Perfume Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Perfume Market by Packaging, 2019-2029
Table Vietnam Perfume Market by Distribution Channel, 2019-2029
Chart Vietnam Perfume Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Perfume Market by Distribution Channel, 2019-2029
Table Vietnam Perfume Market Share (%), by Companies, 2019-2023
Chart Vietnam Perfume Market, by Companies, 2023
Table Vietnam Perfume Market Share (%), by Brands, 2019-2023
Chart Vietnam Perfume 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 Perfume Market: Spend as a Proportion of GDP (%)
Table Vietnam Perfume Market: Consumption per Capita (Population)
Companies Mentioned
Wipro Limited
Shiseido Company, Limited
Saigon Cosmetics Corporation (SCC)
Revlon, Inc.
PUIG SL
Oriflame Cosmetics S.A.
Marico Limited
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
L’Oreal S.A.
LG Household & Health Care, Ltd.
Lana Cosmetics S.A.E
Inter Parfums, Inc.
Give Back Beauty LLC (GBB)
Euroitalia S.R.L.
Coty Inc.
Chanel S.A.