Market Forecast By Segmentation (Sheets, Pillowcases, Duvet Cover, Others (mattress protector, bed runner, throws)), By Distribution Channel (Online, Offline), By End Users (Residential, Commercial), By Regions (Northern Region (Hanoi City, Hung Yen Province Hai Phong City, Quang Ninh Province, Hai Duong Province, Ha Tay Province, Bac Ninh Province, Vinh Phuc Province), Central Region (Thua Thien Hue Province, Quang Nam Province, Quang Ngai Province, Binh Dinh Province, Da Nang City), Southern Region (Ho Chi Minh City, Binh Duong Province, Ba Ria – Vung Tau Province, Dong Nai Province, Tay Ninh Province, Binh Phuoc Province, Long An Province)) and Competitve Landscape
Product Code: ETC021890 | Publication Date: Sep 2022 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 78 | No. of Figures: 29 | No. of Tables: 6 | |
Vietnam Bed Linen market currently, in 2023, has witnessed an HHI of 5554, Which has increased slightly as compared to the HHI of 4610 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Vietnam bed linen market report comprehensively covers the market by type, distribution channel, end-user, and region. The Vietnam bed linen market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/ high growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
Vietnam bed linen market witnessed considerable growth in recent years on account of the growing demand for bed linen from the flourishing hospitality sector, underpinned by strong growth in tourism in the country in addition with rising residential real estate sales. The demand for bed linen industry is on a growth trajectory mainly attributed to the growing residential sector, owing to government initiatives like the ‘National Housing Development Strategy for 2021-30’ which aims to provide 279 housing projects along with “Strategy on Vietnam’s tourism development until 2022”, vision to 2030” which aims to attract 17 to 20 million international visitors in 2022. However, Vietnam’s bed linen market significantly declined in 2020 due to the outbreak of covid-19 pandemic as a consequence of the 90% disruption in the supply chain and import restrictions in Vietnam’s textile and garment industry. Also, the demand from the hospitality sector and the hotel industry were in a major slump owing to restrictions on travel and emphasis on social distancing.
According to 6wresearch, the Vietnam Bed Linen Market is projected to grow at a CAGR of 12.5% during 2022-2028F. An increasing number of consumers and the rising disposable income are the major factors for the growth of the bed linen market. The projected growth in Vietnam’s bed linen market for the coming years can be attributed to the factors such as the demand for improved lifestyle, increasing per capita income, and rising urban population which accounted for 38.8% of Vietnam’s total population in 2022, would act as a propeller for bed linen market in Vietnam. Furthermore, hospitality projects such as Empire City Hotel in Ho Chi Minh City and Rosewood Hoi An in charming Hoi An, would augment the demand for bed linen in the coming year in Vietnam.
By distribution channel, the offline segment garnered most of the market share as the consumers have the option of comparing the bed linen available at the store physically which allows them to get a first-hand look at the products, for an easy examination of the quality and materials. However, the growing popularity of online retail stores of bed linen among millennials is likely to drive growth in online distribution segments as well over the coming years. Moreover, the extensive marketing campaigns and promotional offers by e-retailers along with growing smartphone penetration and logistics industry in the country may drive the growth of online distribution channels in the coming years.
By product types, sheets acquired the highest revenue share owing to the various technological advancement in sheets like anti-bacterial, breathable, chemical-free etc. This trend is also expected to continue in future which would drive the bed linen market in Vietnam.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Vietnam Bed Linen Market Overview |
3.1 Vietnam Bed Linen Market Revenues, 2021 - 2028F |
3.2 Vietnam Bed Linen Market - Industry Life Cycle |
3.3 Vietnam Bed Linen Market - Porter's Five Forces |
4. Vietnam Bed Linen Market-Impact Analysis of COVID-19 |
5. Vietnam Bed Linen Market Dynamics |
5.1 Impact Analysis |
5.2 Market Drivers |
5.3 Market Restraints |
6. Vietnam Bed Linen Market Overview, By Product Types |
6.1 Vietnam Bed Linen Market Revenue Share and Revenues By Product Type, 2018 - 2028F |
6.1.1 Vietnam Bed Linen Market Revenue Share and Revenues, By Sheets, 2018 - 2028F |
6.1.2 Vietnam Bed Linen Market Revenue Share and Revenues, By Pillowcases, 2018 - 2028F |
6.1.3 Vietnam Bed Linen Market Revenue Share and Revenues, By Duvet Cover, 2018 - 2028F |
6.1.4 Vietnam Bed Linen Market Revenue Share and Revenues, By Other Bed Linens, 2018 - 2028F |
6.2 Vietnam Bed Linen Market Volume Share and Volumes By Product Type, 2018 - 2028F |
6.2.1 Vietnam Bed Linen Market Volume Share and Volumes, By Sheets, 2018 - 2028F |
6.2.2 Vietnam Bed Linen Market Volume Share and Volumes, By Pillowcases, 2018 - 2028F |
6.2.3 Vietnam Bed Linen Market Volume Share and Volumes, By Duvet Cover, 2018 - 2028F |
6.2.4 Vietnam Bed Linen Market Volume Share and Volumes, By Other Bed Linens, 2018 - 2028F |
7. Vietnam Bed Linen Market Overview, By Distribution Channel |
7.2.1 Vietnam Bed Linen Market Revenues, By Online, 2018 - 2028F |
7.2.2 Vietnam Bed Linen Market Revenues, By Offline, 2018 - 2028F |
8. Vietnam Bed Linen Market Overview, By End-users |
8.3.1 Vietnam Bed Linen Market Revenues, By Residential, 2018 - 2028F |
8.3.2 Vietnam Bed Linen Market Revenues, By Commercial, 2018 - 2028F |
9. Vietnam Bed Linen Market Overview, By Regions |
9.4.1 Vietnam Bed Linen Market Revenues, By Northern Region, 2018 - 2028F |
9.4.2 Vietnam Bed Linen Market Revenues, By Southern Region, 2018 - 2028F |
9.4.3 Vietnam Bed Linen Market Revenues, By Central Region, 2018 - 2028F |
10. Vietnam Bed Linen Market Import-Export Trade Statistics |
10.1 Vietnam Bed Linen Market Export to Major Countries |
10.2 Vietnam Bed Linen Market Imports from Major Countries |
11. Vietnam Bed Linen Market Key Performance Indicators |
12. Vietnam Bed Linen Market - Opportunity Assessment |
12.1 Vietnam Bed Linen Market Opportunity Assessment, By Product Type, 20212F |
12.2 Vietnam Bed Linen Market Opportunity Assessment, By Distribution Channel, 20212F |
12.3 Vietnam Bed Linen Market Opportunity Assessment, By End-users, 20212F |
12.4 Vietnam Bed Linen Market Opportunity Assessment, By Regions, 20212F |
13. Vietnam Bed Linen Market - Competitive Landscape |
13.1 Vietnam Bed Linen Market Revenues & Volume Share, By Companies, 2021 |
13.2 Vietnam Bed Linen Market Competitive Benchmarking, By Operating and Technical Parameters |
14. Company Profiles |
14.1 Everpia Joint Stock Company |
14.2 Binh Thanh Import Export Production & Trade JSC (GILIMEX) |
14.3 Phong Phu Corporation |
14.4 Mirae JSC |
14.5 Dreamland |
14.6 Vikosan Production and Trading Co., Ltd |
14.7 Thanh Binh Grand |
14.8 Song Hong Garment Joint Stock Company |
14.9 Hoang Hai Trading Joint Stock Company |
14.10 Lien A |
15. Key Strategic Recommendations |
16. Disclaimer |
List of Figures |
1. Vietnam Bed Linen Market Revenues and Volume, 2022-2028F ($ Million, Thousand Units) |
2. Percentage Change in Consumer Spending in Vietnam, 2020 Pre-Covid19, 2020 & 2021 |
3. Number of People Categorized By Income Groups Based on Daily Spending in Vietnam, 2020 & 2030 (Million) |
4. Vietnam Monthly Income Per Capita By Area, 2016-2020 ($) |
5. Vietnam Total Population Growth Rate Vs Urban Population Growth Rate, 2005-2030 (%) |
6. Vietnam Major Urban Populated Areas, 2022 |
7. Vietnam Upcoming Hotel Projects, 2022E-2025F |
8. Vietnam Hotel Projects, By Types, 2022E-2025F |
9. Vietnam Cotton Average Import Price, (USD/KG), 2018/19 – 2021/22 |
10. Vietnam Cotton Imports from USA by First Half Marketing Year (August – January) |
11. Vietnam Bed Linen Market Revenue Share, By Product Type, 2021 & 2028F |
12. Vietnam Bed Linen Market Volume Share, By Product Type, 2021 & 2028F |
13. Vietnam Bed Linen Market Revenue Share, By Distribution Channels, 2021 & 2028F |
14. Vietnam Bed Linen Market Revenue Share, By End-Users, 2021 & 2028F |
15. Vietnam Bed Linen Market Revenue Share, By Regions, 2021 & 2028F |
16. Vietnam Number of Hospitals, 2018 – 2021 |
17. Vietnam Healthcare Expenditure Forecast, 2018 & 2028F ($ Billion) |
18. Projected Population At Nation wide, Urban/Rural Levels, 2018 – 2028F (%) |
19. Number of Households in Vietnam, 2018 & 2020 (Millions) |
20. Vietnam Bed Linen Market Total Exports, 2017-2020 ($ Million) |
21. Vietnam Bed Linen Market Export Data, By Country, 2020 ($ Million) |
22. Vietnam Bed Linen Market Total Imports, 2017-2020 ($ Million) |
23. Vietnam Bed Linen Market Import Data, By Country, 2020 ($ Million) |
24. Vietnam Bed Linen Market Opportunity Assessment, By Product Type, 2028F |
25. Vietnam Bed Linen Market Opportunity Assessment, By Distribution Channel, 2028F |
26. Vietnam Bed Linen Market Opportunity Assessment, By End-Users, 2028F |
27. Vietnam Bed Linen Market Opportunity Assessment, By Regions, 2028F |
28. Vietnam Bed Linen Market Revenue Ranking, By Companies, 2021 |
29. Vietnam Number Of Hotel Projects, By Cities, 2022 |
List of Tables |
1. Vietnam Bed Linen Market Revenues, By Product Type, 2018-2028F ($ Million) |
2. Vietnam Bed Linen Market Volume, By Product Type, 2018-2028F (Thousand Units) |
3. Vietnam Bed Linen Market Revenues, By Distribution Channels, 2018-2028F ($ Million) |
4. Vietnam Bed Linen Market Revenues, By End-Users, 2018-2028F ($ Million) |
5. Vietnam Bed Linen Market Revenues, By Regions, 2018-2028F ($ Million) |
6. Vietnam Upcoming Residential Projects, 2021 |
Product Code: ETC021890 | Publication Date: Oct 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |