Key Insights
The Vietnam home textile market, encompassing bed linen, bath linen, kitchen linen, upholstery, and floor coverings, is poised for significant expansion. Factors driving this growth include rising disposable incomes, rapid urbanization, and a heightened consumer demand for aesthetically pleasing and comfortable living spaces. The residential sector is the primary contributor, supported by a growing middle class prioritizing home improvement. The commercial sector, including hospitality, also presents substantial demand for high-quality, durable textiles. Distribution channels are evolving, with traditional retail formats like supermarkets and hypermarkets coexisting with the swift growth of e-commerce, offering enhanced convenience and product variety. Despite challenges such as import competition and raw material price volatility, the market's upward trajectory is assured. A projected CAGR of 5.36% signifies sustained growth from the base year 2025. The market size is estimated at 747.36 million by 2033. Key industry players, including Gilimex and Everpia JSC, are leveraging this expansion through product innovation, broadened distribution, and adaptation to changing consumer preferences. Bed linen and bath linen segments are expected to lead growth, driven by increased consumer expenditure on home comfort and hygiene.
Vietnam Home Textile Market Market Size (In Million)
The Vietnam home textile market forecast projects continued expansion, bolstered by government initiatives supporting the domestic textile industry and infrastructure development. To maintain competitiveness, local manufacturers must prioritize product quality, sustainable practices, and innovative designs to meet discerning consumer demands. A growing emphasis on eco-friendly and ethically sourced products is anticipated as consumer awareness of environmental and social responsibility increases. This trend will create both challenges and opportunities for businesses. Strategic alliances and technological investments will be vital for companies seeking to secure a competitive advantage and capitalize on the market's long-term potential.
Vietnam Home Textile Market Company Market Share
Vietnam Home Textile Market: A Comprehensive Report (2019-2033)
This meticulously researched report provides a detailed analysis of the Vietnam home textile market, offering invaluable insights for industry stakeholders, investors, and businesses seeking to enter or expand within this dynamic sector. The study covers the period 2019-2033, with 2025 serving as the base and estimated year. The report leverages robust data and analysis to forecast market trends, identify key players, and highlight lucrative opportunities.
Vietnam Home Textile Market Market Concentration & Innovation
The Vietnam home textile market exhibits a moderately concentrated landscape, with a few large players holding significant market share. Gilimex, Everpia JSC, and Phong Phu Corporation are among the leading companies, collectively accounting for an estimated xx% of the market in 2024. However, smaller players and emerging businesses also contribute significantly to the market's overall dynamism. Innovation is driven by increasing consumer demand for sustainable, high-quality products. The regulatory framework, while evolving, generally supports industry growth. Product substitutes, such as synthetic fabrics, pose a competitive challenge, but the growing preference for natural materials presents opportunities for innovation in this area. End-user trends, particularly a shift towards comfort and aesthetic appeal, are influencing product development. M&A activity has been moderate in recent years, with deal values fluctuating between xx Million and xx Million annually, reflecting industry consolidation and strategic expansion. Notable M&A events in the past few years involved [Insert details of any known M&A activities, if available; otherwise, replace with “no significant publicly reported M&A events”].
Vietnam Home Textile Market Industry Trends & Insights
The Vietnam home textile market is experiencing robust growth, with a projected CAGR of xx% during the forecast period (2025-2033). Key growth drivers include rising disposable incomes, increasing urbanization, and a growing preference for comfortable and aesthetically pleasing home environments. Technological disruptions, such as the adoption of advanced manufacturing techniques and the rise of e-commerce, are transforming the industry's landscape. Consumer preferences are shifting towards sustainable and ethically sourced products, creating opportunities for companies emphasizing eco-friendly materials and production practices. Competitive dynamics are characterized by both intense price competition and a focus on product differentiation. Market penetration of online channels is rapidly increasing, while the adoption of smart home textiles is also creating new market segments. The overall market size is estimated to reach xx Million by 2025 and surpass xx Million by 2033.
Dominant Markets & Segments in Vietnam Home Textile Market
Leading Region: The Southern region of Vietnam, particularly Ho Chi Minh City and surrounding provinces, accounts for the largest market share due to its higher concentration of population, industrial infrastructure, and consumer spending.
Product Segments: The Bed Linen segment currently holds the largest market share, driven by high demand from both residential and commercial customers. However, Kitchen Linen and Bath Linen segments are also experiencing significant growth. Upholstery and Floor covering show lower market share and are expected to rise moderately over the forecast period.
End-User Segments: The Residential segment dominates, reflecting the significant size of the domestic consumer base. However, the Commercial segment is growing steadily, driven by demand from hotels, restaurants, and other businesses.
Distribution Channels: Supermarkets & hypermarkets remain the primary distribution channel, with online sales rapidly gaining traction and specialty stores maintaining a niche presence.
Key drivers include favorable economic policies promoting domestic manufacturing, robust infrastructure development, and government initiatives supporting small and medium-sized enterprises.
Vietnam Home Textile Market Product Developments
Recent product innovations focus on incorporating sustainable materials, such as organic cotton and bamboo, alongside advanced functionalities like antimicrobial treatments and temperature regulation. The market also sees a rise in customizable and personalized products to cater to individual preferences. These developments contribute to enhanced product quality, consumer satisfaction, and increased market competitiveness.
Report Scope & Segmentation Analysis
This report offers a comprehensive segmentation of the Vietnam home textile market across various aspects:
Product: Bed Linen, Bath Linen, Kitchen Linen, Upholstery Covering, Floor Covering. Each segment’s growth projections, market size, and competitive dynamics are individually analyzed.
End-User: Residential and Commercial. The market sizes and growth prospects for each segment are explored, highlighting market share and influencing factors.
Distribution: Supermarkets & Hypermarkets, Specialty Stores, Online, and Other Distribution Channels. The report examines the role and growth potential of each channel. Market penetration and sales contributions are thoroughly evaluated for each channel.
Key Drivers of Vietnam Home Textile Market Growth
Several factors drive the growth of the Vietnam home textile market. These include:
Rising Disposable Incomes: Increased purchasing power fuels higher demand for home textiles.
Urbanization: The ongoing migration to urban areas expands the potential consumer base.
Government Support: Policies supporting local industries and infrastructure developments create favorable conditions for growth.
E-commerce Growth: Online sales channels provide increased accessibility and market reach.
Challenges in the Vietnam Home Textile Market Sector
Challenges include:
Supply Chain Disruptions: Global events can impact raw material availability and costs.
Intense Competition: Numerous players create a competitive pricing environment.
Labor Costs: Rising wages can affect profitability, impacting manufacturing competitiveness.
Emerging Opportunities in Vietnam Home Textile Market
Opportunities include:
Sustainable Products: Growing consumer demand for eco-friendly products presents a significant growth opportunity.
Smart Home Textiles: Integration of technology into home textiles opens up new market niches.
E-commerce Expansion: Further penetration of online retail channels can drive market growth.
Leading Players in the Vietnam Home Textile Market Market
- Gilimex
- Everpia JSC
- Phong Phu Corporation
- Hung Thanh Dat Company
- Duc Hanh Garment JSC
- Mirae JSC
- Viet Tra Co Ltd
- Lotus Vietnam JSC
- Metiseko
- Damsan yarntex JSC
Key Developments in Vietnam Home Textile Market Industry
March 2022: A Taiwanese textile firm sought assistance in expanding its operations in Vietnam's Bau Bang Industrial Park, highlighting the ongoing foreign investment interest.
March 2022: A Vietnam-based fashion enterprise partnered with Fibre Trace and Good Earth Cotton to promote sustainable and traceable fibers, indicating a growing focus on ethical and environmental concerns within the industry.
Strategic Outlook for Vietnam Home Textile Market Market
The Vietnam home textile market presents a compelling investment opportunity. The country's favorable economic conditions, expanding consumer base, and growing focus on sustainability create a promising outlook for long-term growth. Companies that can effectively leverage e-commerce, adopt sustainable practices, and differentiate their products through innovation will be well-positioned to capitalize on the market's potential.
Vietnam Home Textile Market Segmentation
-
1. Product
- 1.1. Bed Linen
- 1.2. Bath Linen
- 1.3. Kitchen Linen
- 1.4. Upholstery Covering
- 1.5. Floor Covering
-
2. End-User
- 2.1. Residential
-
2.2. Commercial
- 2.2.1. Hospitality and Leisure
- 2.2.2. Offices
- 2.2.3. Other Commercial End-Users
-
3. Distribution
- 3.1. Supermarkets & Hypermarkets
- 3.2. Specialty Stores
- 3.3. Online
- 3.4. Other Distribution Channels
Vietnam Home Textile Market Segmentation By Geography
- 1. Vietnam
Vietnam Home Textile Market Regional Market Share
Geographic Coverage of Vietnam Home Textile Market
Vietnam Home Textile Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.36% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. 4.; Growing Population is Expected to Drive the Growth of this Market4.; Increased Demand for Modern Kitchen Design
- 3.3. Market Restrains
- 3.3.1. Fluctuating Raw Material Costs
- 3.4. Market Trends
- 3.4.1. Growth in Urbanization is Driving the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Vietnam Home Textile Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Product
- 5.1.1. Bed Linen
- 5.1.2. Bath Linen
- 5.1.3. Kitchen Linen
- 5.1.4. Upholstery Covering
- 5.1.5. Floor Covering
- 5.2. Market Analysis, Insights and Forecast - by End-User
- 5.2.1. Residential
- 5.2.2. Commercial
- 5.2.2.1. Hospitality and Leisure
- 5.2.2.2. Offices
- 5.2.2.3. Other Commercial End-Users
- 5.3. Market Analysis, Insights and Forecast - by Distribution
- 5.3.1. Supermarkets & Hypermarkets
- 5.3.2. Specialty Stores
- 5.3.3. Online
- 5.3.4. Other Distribution Channels
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Vietnam
- 5.1. Market Analysis, Insights and Forecast - by Product
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2025
- 6.2. Company Profiles
- 6.2.1 Gilimex
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 Everpia JSC
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 Phong Phu Corporation
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Hung Thanh Dat Company
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 Duc Hanh Garment JSC
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Mirae JSC
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Viet Tra Co Ltd
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 Lotus Vietnam JSC
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Metiseko
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 Damsan yarntex JSC
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.1 Gilimex
List of Figures
- Figure 1: Vietnam Home Textile Market Revenue Breakdown (million, %) by Product 2025 & 2033
- Figure 2: Vietnam Home Textile Market Share (%) by Company 2025
List of Tables
- Table 1: Vietnam Home Textile Market Revenue million Forecast, by Product 2020 & 2033
- Table 2: Vietnam Home Textile Market Volume K Unit Forecast, by Product 2020 & 2033
- Table 3: Vietnam Home Textile Market Revenue million Forecast, by End-User 2020 & 2033
- Table 4: Vietnam Home Textile Market Volume K Unit Forecast, by End-User 2020 & 2033
- Table 5: Vietnam Home Textile Market Revenue million Forecast, by Distribution 2020 & 2033
- Table 6: Vietnam Home Textile Market Volume K Unit Forecast, by Distribution 2020 & 2033
- Table 7: Vietnam Home Textile Market Revenue million Forecast, by Region 2020 & 2033
- Table 8: Vietnam Home Textile Market Volume K Unit Forecast, by Region 2020 & 2033
- Table 9: Vietnam Home Textile Market Revenue million Forecast, by Product 2020 & 2033
- Table 10: Vietnam Home Textile Market Volume K Unit Forecast, by Product 2020 & 2033
- Table 11: Vietnam Home Textile Market Revenue million Forecast, by End-User 2020 & 2033
- Table 12: Vietnam Home Textile Market Volume K Unit Forecast, by End-User 2020 & 2033
- Table 13: Vietnam Home Textile Market Revenue million Forecast, by Distribution 2020 & 2033
- Table 14: Vietnam Home Textile Market Volume K Unit Forecast, by Distribution 2020 & 2033
- Table 15: Vietnam Home Textile Market Revenue million Forecast, by Country 2020 & 2033
- Table 16: Vietnam Home Textile Market Volume K Unit Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Vietnam Home Textile Market?
The projected CAGR is approximately 5.36%.
2. Which companies are prominent players in the Vietnam Home Textile Market?
Key companies in the market include Gilimex, Everpia JSC, Phong Phu Corporation, Hung Thanh Dat Company, Duc Hanh Garment JSC, Mirae JSC, Viet Tra Co Ltd, Lotus Vietnam JSC, Metiseko, Damsan yarntex JSC.
3. What are the main segments of the Vietnam Home Textile Market?
The market segments include Product, End-User, Distribution.
4. Can you provide details about the market size?
The market size is estimated to be USD 747.36 million as of 2022.
5. What are some drivers contributing to market growth?
4.; Growing Population is Expected to Drive the Growth of this Market4.; Increased Demand for Modern Kitchen Design.
6. What are the notable trends driving market growth?
Growth in Urbanization is Driving the Market.
7. Are there any restraints impacting market growth?
Fluctuating Raw Material Costs.
8. Can you provide examples of recent developments in the market?
On 31st March 2022, Taiwanese Textile firm seeks help for expansion project in in Vietnam. Southern Vietnamese province of Binh Duong had a meeting with Yeh Ming Yuh, director general of Taiwanese concern Polytex Far Eastern Vietnam, to discuss how to help the later resolve issues facing its expansion project at the Bau Bang Industrial Park. Yeh sought help in legal formalities for building a workers' dormitory and paperwork for a 10-MW solar power plant.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in million and volume, measured in K Unit.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Vietnam Home Textile Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Vietnam Home Textile Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Vietnam Home Textile Market?
To stay informed about further developments, trends, and reports in the Vietnam Home Textile Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence