Vietnam Electrical Appliances Market (2025-2031) Outlook | Companies, Forecast, Value, Analysis, Share, Industry, Revenue, Growth, Size & Trends

Market Forecast By Product Type (Audio & Video Equipment, Large Electronics Appliances, Small Electronics Appliances, Personal Care Products, Operation, Semi-automatic, Automatic), By End-User (Residential, Commercial), By Distribution Channel (Online, Offline) And Competitive Landscape
Product Code: ETC261750 Publication Date: Aug 2022 Updated Date: Feb 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam Electrical Appliances Market Competition 2023

Vietnam Electrical Appliances market currently, in 2023, has witnessed an HHI of 8690, Which has increased slightly as compared to the HHI of 6263 in 2017. The market is moving towards Highly 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 Electrical Appliances Market Competition 2023

Vietnam Export Potential Assessment For Electrical Appliances Market (Values in USD Thousand)


Vietnam Export Potential Assessment For Electrical Appliances Market (Values in USD Thousand)

Vietnam Electrical Appliances Market Synopsis

The electrical appliances market in Vietnam encompasses a wide range of household and commercial electrical devices and appliances, such as refrigerators, washing machines, and air conditioners. Electrical appliances simplify daily routines and enhance convenience. This market supports the electrical and electronics industry, contributing to modern living and business operations in Vietnam.

Drivers of the Market

The growth of the Vietnam electrical appliances market is propelled by consumer demand for modern and efficient household appliances, the urbanization of residential areas, and the rising middle-class population. Electrical appliances encompass a wide range of products, including refrigerators, washing machines, air conditioners, and kitchen appliances. The market benefits from changing lifestyles, increased disposable income, and the desire for convenience and energy savings. Manufacturers introduce innovative and feature-rich appliances to meet consumer needs, supporting the market`s growth.

Challenges of the Market

The Vietnam electrical appliances market confronts challenges related to competition, energy efficiency demands, and technological advancements. Electrical appliances are integral to modern living, and consumers and businesses seek energy-efficient and technologically advanced products. Manufacturers must invest in research and development to create energy-efficient electrical appliances that meet the changing demands of consumers and businesses while staying at the forefront of technological advancements.

COVID-19 Impact on the Market

The Vietnam electrical appliances market experienced changes during the COVID-19 pandemic, primarily related to shifts in consumer lifestyle and home needs. With more people working and studying from home, there was a surge in demand for various electrical appliances, including kitchen appliances and home office equipment. Manufacturers adapted by offering innovative and energy-efficient appliances to cater to changing preferences. Online sales channels gained prominence as consumers sought convenient and safe shopping options. Despite challenges posed by the pandemic, the market remained dynamic and played a vital role in enhancing home comfort and productivity.

Key Players in the Market

Key players in the Vietnam electrical appliances market encompass both domestic manufacturers and international brands specializing in a wide range of electrical appliances. Domestic manufacturers like Dien Quang Lamp Joint Stock Company produce electrical appliances, including lighting products and small appliances, to meet the demands of consumers in Vietnam. Furthermore, international electrical appliance brands such as Philips and Panasonic offer a diverse portfolio of electrical appliances in the Vietnamese market, catering to various household and consumer needs.

Key Highlights of the Report:

  • Vietnam Electrical Appliances Market Outlook
  • Market Size of Vietnam Electrical Appliances Market, 2024
  • Forecast of Vietnam Electrical Appliances Market, 2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Revenues & Volume for the Period 2021-2031
  • Vietnam Electrical Appliances Market Trend Evolution
  • Vietnam Electrical Appliances Market Drivers and Challenges
  • Vietnam Electrical Appliances Price Trends
  • Vietnam Electrical Appliances Porter's Five Forces
  • Vietnam Electrical Appliances Industry Life Cycle
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By Audio & Video Equipment for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By Large Electronics Appliances for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By Small Electronics Appliances for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By Personal Care Products for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By Operation for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By Semi-automatic for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By Automatic for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By End-User for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By Online for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Electrical Appliances Market Revenues & Volume By Offline for the Period 2021-2031
  • Vietnam Electrical Appliances Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By End-User
  • Market Opportunity Assessment By Distribution Channel
  • Vietnam Electrical Appliances Top Companies Market Share
  • Vietnam Electrical Appliances Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Electrical Appliances Company Profiles
  • Vietnam Electrical Appliances Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Electrical Appliances Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Electrical Appliances Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Electrical Appliances Market - Industry Life Cycle

3.4 Vietnam Electrical Appliances Market - Porter's Five Forces

3.5 Vietnam Electrical Appliances Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Vietnam Electrical Appliances Market Revenues & Volume Share, By End-User, 2021 & 2031F

3.7 Vietnam Electrical Appliances Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Vietnam Electrical Appliances Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Vietnam Electrical Appliances Market Trends

6 Vietnam Electrical Appliances Market, By Types

6.1 Vietnam Electrical Appliances Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Electrical Appliances Market Revenues & Volume, By Product Type, 2021-2031F

6.1.3 Vietnam Electrical Appliances Market Revenues & Volume, By Audio & Video Equipment, 2021-2031F

6.1.4 Vietnam Electrical Appliances Market Revenues & Volume, By Large Electronics Appliances, 2021-2031F

6.1.5 Vietnam Electrical Appliances Market Revenues & Volume, By Small Electronics Appliances, 2021-2031F

6.1.6 Vietnam Electrical Appliances Market Revenues & Volume, By Personal Care Products, 2021-2031F

6.1.7 Vietnam Electrical Appliances Market Revenues & Volume, By Operation, 2021-2031F

6.1.8 Vietnam Electrical Appliances Market Revenues & Volume, By Semi-automatic, 2021-2031F

6.2 Vietnam Electrical Appliances Market, By End-User

6.2.1 Overview and Analysis

6.2.2 Vietnam Electrical Appliances Market Revenues & Volume, By Residential, 2021-2031F

6.2.3 Vietnam Electrical Appliances Market Revenues & Volume, By Commercial, 2021-2031F

6.3 Vietnam Electrical Appliances Market, By Distribution Channel

6.3.1 Overview and Analysis

6.3.2 Vietnam Electrical Appliances Market Revenues & Volume, By Online, 2021-2031F

6.3.3 Vietnam Electrical Appliances Market Revenues & Volume, By Offline, 2021-2031F

7 Vietnam Electrical Appliances Market Import-Export Trade Statistics

7.1 Vietnam Electrical Appliances Market Export to Major Countries

7.2 Vietnam Electrical Appliances Market Imports from Major Countries

8 Vietnam Electrical Appliances Market Key Performance Indicators

9 Vietnam Electrical Appliances Market - Opportunity Assessment

9.1 Vietnam Electrical Appliances Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Vietnam Electrical Appliances Market Opportunity Assessment, By End-User, 2021 & 2031F

9.3 Vietnam Electrical Appliances Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Vietnam Electrical Appliances Market - Competitive Landscape

10.1 Vietnam Electrical Appliances Market Revenue Share, By Companies, 2024

10.2 Vietnam Electrical Appliances Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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