Vietnam Shaving and Hair Removal Products Market (2025-2031) | Analysis, Companies, Share, Forecast, Size, Growth, Trends, Outlook, Revenue, Value & Industry

Market Forecast By Product Types (Shave Gels, Shave Foams, Shaving and Hair Removal Creams, Sprays, Lotions, Waxes, Wax Strips), By End-Users (Salon, Personal Use) And Competitive Landscape

Product Code: ETC024230 Publication Date: Aug 2023 Updated Date: Aug 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Vietnam Shaving and Hair Removal Products Market Growth Rate 

According to 6Wresearch internal database and industry insights, the Vietnam Shaving and Hair Removal Products Market is projected to grow at a Compound Annual Growth Rate of 8.14% from 2025 to 2031. The market is rising, growing awareness, increasing disposable incomes, and growing demand for convenient at-home hair removal solutions, fuelling market expansion.

Vietnam Shaving and Hair Removal Products Market Highlights

Report Name Vietnam Shaving and Hair Removal Products Market
Forecast period 2025-2031
CAGR 8.14%
Growing Sector Beauty & Personal Care

Topics Covered in the Vietnam Shaving and Hair Removal Products Market Report

The Vietnam Shaving and Hair Removal Products Market report thoroughly covers the market By Product Types, and by end-users. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics.

Vietnam Shaving and Hair Removal Products Market Synopsis

Rising focus on grooming and hygiene habits is driving Vietnamese consumers to look for better-quality hair removal and shaving products, such as razors, epilators, and wax strips. Rising disposable income and trends toward urbanisation are expediting this shift. International brands are responding with more retail products and distribution in Vietnam. This combination of economic development, changes in habits and improving retail penetration is creating steady growth across the industry, in both metropolitan and rural areas of the country.

The Vietnam Shaving and Hair Removal Products Market is anticipated to grow at a CAGR of 8.14% during the forecast period 2025-2031. The Vietnam shaving and hair removal products market benefits from rising disposable incomes, allowing consumers to focus more on personal grooming. Increasing awareness of hygiene and appearance, particularly among younger demographics, drives demand higher. Rapid urbanisation and beauty trends spread via social media also support the ongoing Vietnam Shaving and Hair Removal Products Market Growth. Additionally, a growing preference for innovative, skin-friendly, and sustainable products encourages manufacturers to adjust their offerings to meet changing consumer needs and broaden their market reach.

Vietnam Shaving and Hair Removal Products Market Challenges

The Vietnam Shaving and Hair Removal Products Market has significant prospects for growth; it faces some challenges. For example, consumers who are price-sensitive in rural areas limit the availability of premium or innovative products; customers may not know about all the advanced grooming options they would like or need, which can slow uptake. Competition in the market from both domestic and international brands can also constrain margins. Environmental problems from disposable products present an added challenge and encourage corporations to focus on more sustainable alternatives.

Vietnam Shaving and Hair Removal Products Market Trends

Various emerging trends in the Vietnam Shaving and Hair Removal Products Industry highlight an increasing demand for eco-friendly and sustainable options like biodegradable razors and organic waxing solutions. Technological innovations, such as laser and electric hair removal devices, are becoming popular among tech-savvy consumers. The growth of rising e-commerce platforms has expanded access to both domestic and international brands, reshaping buying habits. Moreover, an increase in gender-neutral marketing strategies is fostering broader product acceptance.

Investment Opportunities in the Vietnam Shaving and Hair Removal Products Market

The Vietnam Shaving and Hair Removal Products Market presents great possibilities for investments from both local and foreign companies. Main areas of focus will be introducing premium products aimed at high-income consumers and scaling up our manufacturing capacity to lower costs. It will be crucial to place importance on digital marketing and e-commerce to leverage the rise in online sales. However, collaborative partnerships with local retailers and distributors can expand our market reach, which will also help foreign investors take advantage of this rapidly expanding consumer marketplace in Vietnam.

Leading Players in the Vietnam Shaving and Hair Removal Products Market

Leading players in the Vietnam Shaving and Hair Removal Products Market include renowned global brands like Gillette, Veet, and Philips, as well as regional competitors offering cost-effective solutions. Focusing on innovation, these firms launch hypoallergenic and dermatologically tested products to attract sensitive-skin customers. They also emphasise powerful branding and marketing campaigns to enhance customer retention.

Government Regulations in the Vietnam Shaving and Hair Removal Products Market

According to Vietnamese Government data, Government policies in Vietnam require that shaving and hair removal products are safe and of good quality. The Ministry of Health has requirements for products related to ingredients, labelling, and usage instructions. The Ministry of Health also reviews imported goods to ensure they comply with environmental protection regulations and meet health standards. The government also provides incentives for any company that produces eco-friendly products or sustainable practices. 

Future Insights of the Vietnam Shaving and Hair Removal Products Market

The Vietnam Shaving and Hair Removal Products Market is expected to grow steadily in the coming years, driven by evolving lifestyle and grooming habits. By 2031, industry players are likely to innovate with new product frameworks or expand existing lines using advanced technologies and eco-friendly options. Urbanisation and increased awareness among women about personal care will create growth opportunities, while rising competition in the online sales sector poses significant challenges to gaining the Vietnam Shaving and Hair Removal Products market.

Market Segmentation Analysis

The report offers a comprehensive study of the following market segments and their leading categories:

Shaving and Hair Removal Creams to Dominate the Market- By Product Types

According to Ritika Kalra, Senior Research Analyst at 6Wresearch, among product types, Shaving and Hair Removal Creams dominate the market due to their ease of use, cost-effectiveness, and suitability for various skin types. These products appeal to both men and women, require no specialised equipment, and offer quick results, making them a preferred choice over traditional shaving methods.

Personal Use to Dominate the Market- By End-Users

Within end-user segments, Personal Use holds the largest market share as consumers increasingly prefer at-home grooming solutions for convenience, privacy, and affordability. The growing availability of a wide range of products in retail stores and online platforms further supports the dominance of the personal use segment.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Vietnam Shaving and Hair Removal Products Market Outlook
  • Market Size of Vietnam Shaving and Hair Removal Products Market, 2024
  • Forecast of Vietnam Shaving and Hair Removal Products Market, 2031
  • Historical Data and Forecast of Vietnam Shaving and Hair Removal Products Revenues & Volume for the Period 2021-2031
  • Vietnam Shaving and Hair Removal Products Market Trend Evolution
  • Vietnam Shaving and Hair Removal Products Market Drivers and Challenges
  • Vietnam Shaving and Hair Removal Products Price Trends
  • Vietnam Shaving and Hair Removal Products Porter's Five Forces
  • Vietnam Shaving and Hair Removal Products Industry Life Cycle
  • Historical Data and Forecast of Vietnam Shaving and Hair Removal Products Market Revenues & Volume By Product Types for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Shaving and Hair Removal Products Market Revenues & Volume By Shave Gels for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Shaving and Hair Removal Products Market Revenues & Volume By Shave Foams for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Shaving and Hair Removal Products Market Revenues & Volume By Shaving and Hair Removal Creams for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Shaving and Hair Removal Products Market Revenues & Volume By Sprays for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Shaving and Hair Removal Products Market Revenues & Volume By Lotions for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Shaving and Hair Removal Products Market Revenues & Volume By Waxes for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Shaving and Hair Removal Products Market Revenues & Volume By Wax Strips for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Shaving and Hair Removal Products Market Revenues & Volume By End-Users for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Shaving and Hair Removal Products Market Revenues & Volume By Salon for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Shaving and Hair Removal Products Market Revenues & Volume By Personal Use for the Period 2021-2031
  • Vietnam Shaving and Hair Removal Products Import Export Trade Statistics
  • Market Opportunity Assessment By Product Types
  • Market Opportunity Assessment By End-Users
  • Vietnam Shaving and Hair Removal Products Top Companies Market Share
  • Vietnam Shaving and Hair Removal Products Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Shaving and Hair Removal Products Company Profiles
  • Vietnam Shaving and Hair Removal Products Key Strategic Recommendations

Market Segmentation

The Market report covers a detailed analysis of the following market segments:

By Product Types

  • Shave Gels
  • Shave Foams
  • Shaving and Hair Removal Creams
  • Sprays
  • Lotions
  • Waxes
  • Wax Strips

By End-Users

  • Salon
  • Personal Use

Vietnam Shaving and Hair Removal Products Market (2025-2031): FAQs

The Vietnam Shaving and Hair Removal Products Market is projected to grow at a CAGR of approximately 8.14% during 2025–2031.
Rising beauty consciousness, the popularity of at-home laser/IPL devices and increasing demand for natural depilatories are shaping the market.
Gillette remains a dominant global brand, alongside emerging local and natural-focused competitors.
6Wresearch actively monitors the Vietnam Shaving and Hair Removal Products Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Vietnam Shaving and Hair Removal Products Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Shaving and Hair Removal Products Market Overview
3.1 Vietnam Country Macro Economic Indicators
3.2 Vietnam Shaving and Hair Removal Products Market Revenues & Volume, 2021 & 2031F
3.3 Vietnam Shaving and Hair Removal Products Market - Industry Life Cycle
3.4 Vietnam Shaving and Hair Removal Products Market - Porter's Five Forces
3.5 Vietnam Shaving and Hair Removal Products Market Revenues & Volume Share, By Product Types, 2021 & 2031F
3.6 Vietnam Shaving and Hair Removal Products Market Revenues & Volume Share, By End-Users, 2021 & 2031F
4 Vietnam Shaving and Hair Removal Products Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Vietnam Shaving and Hair Removal Products Market Trends
6 Vietnam Shaving and Hair Removal Products Market, By Types
6.1 Vietnam Shaving and Hair Removal Products Market, By Product Types
6.1.1 Overview and Analysis
6.1.2 Vietnam Shaving and Hair Removal Products Market Revenues & Volume, By Product Types, 2021-2031F
6.1.3 Vietnam Shaving and Hair Removal Products Market Revenues & Volume, By Shave Gels, 2021-2031F
6.1.4 Vietnam Shaving and Hair Removal Products Market Revenues & Volume, By Shave Foams, 2021-2031F
6.1.5 Vietnam Shaving and Hair Removal Products Market Revenues & Volume, By Shaving and Hair Removal Creams, 2021-2031F
6.1.6 Vietnam Shaving and Hair Removal Products Market Revenues & Volume, By Sprays, 2021-2031F
6.1.7 Vietnam Shaving and Hair Removal Products Market Revenues & Volume, By Lotions, 2021-2031F
6.1.8 Vietnam Shaving and Hair Removal Products Market Revenues & Volume, By Waxes, 2021-2031F
6.2 Vietnam Shaving and Hair Removal Products Market, By End-Users
6.2.1 Overview and Analysis
6.2.2 Vietnam Shaving and Hair Removal Products Market Revenues & Volume, By Salon, 2021-2031F
6.2.3 Vietnam Shaving and Hair Removal Products Market Revenues & Volume, By Personal Use, 2021-2031F
7 Vietnam Shaving and Hair Removal Products Market Import-Export Trade Statistics
7.1 Vietnam Shaving and Hair Removal Products Market Export to Major Countries
7.2 Vietnam Shaving and Hair Removal Products Market Imports from Major Countries
8 Vietnam Shaving and Hair Removal Products Market Key Performance Indicators
9 Vietnam Shaving and Hair Removal Products Market - Opportunity Assessment
9.1 Vietnam Shaving and Hair Removal Products Market Opportunity Assessment, By Product Types, 2021 & 2031F
9.2 Vietnam Shaving and Hair Removal Products Market Opportunity Assessment, By End-Users, 2021 & 2031F
10 Vietnam Shaving and Hair Removal Products Market - Competitive Landscape
10.1 Vietnam Shaving and Hair Removal Products Market Revenue Share, By Companies, 2024
10.2 Vietnam Shaving and Hair Removal Products Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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