Retail market in Vietnam 2024-2028

Description

List of Tables

The retail market in Vietnam is forecasted to grow by USD 226.4 bn during 2023-2028, accelerating at a CAGR of 13.64% during the forecast period. The report on the retail market in Vietnam provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for convenience food products, expansion of retail landscape in Vietnam, and growing popularity of private-label brands.

Technavio's retail market in Vietnam is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	11.74%
CAGR	13.64%
Incremental Value	$226.4bn

By Distribution Channel

Offline
Online

By Type

Grocery
Electronics and appliances
Home and garden
Health and beauty
Others

By Geographical Landscape

APAC

This study identifies the emergence of urban lifestyles in Vietnam as one of the prime reasons driving the retail market in Vietnam growth during the next few years. Also, rising market activities by retailers and growing preference for local brands will lead to sizable demand in the market.

The report on the retail market in Vietnam covers the following areas:

Retail market in Vietnam sizing
Retail market in Vietnam forecast
Retail market in Vietnam industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading retail market in Vietnam vendors that include 7 Eleven Inc., AEON CO. LTD., Berli Jucker Public Co. Ltd., Central Group of Company, Central Retail Corp., Charoen Pokphand Foods PCL, Circle K, E Mart Co. Ltd., FPT Retail Joint Stock Co., Lotte Shopping Plaza Vietnam Co. Ltd., Masan Group, MM Mega Market Vietnam, Saigon Union of Trading Cooperatives, and SPAR International. Also, the retail market in Vietnam analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR72289

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Vietnam - Market size and forecast 2023-2028 ($ billion)
- Data Table on Vietnam - Market size and forecast 2023-2028 ($ billion)
- Chart on Vietnam: Year-over-year growth 2023-2028 (%)
- Data Table on Vietnam: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Retail Market in Vietnam 2018 - 2022
- Historic Market Size - Data Table on Retail Market in Vietnam 2018 - 2022 ($ billion)
4.2 Distribution Channel segment analysis 2018 - 2022
- Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Distribution Channel

6.1 Market segments
- Chart on Distribution Channel - Market share 2023-2028 (%)
- Data Table on Distribution Channel - Market share 2023-2028 (%)
6.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
- Chart on Offline - Market size and forecast 2023-2028 ($ billion)
- Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
- Chart on Offline - Year-over-year growth 2023-2028 (%)
- Data Table on Offline - Year-over-year growth 2023-2028 (%)
6.4 Online - Market size and forecast 2023-2028
- Chart on Online - Market size and forecast 2023-2028 ($ billion)
- Data Table on Online - Market size and forecast 2023-2028 ($ billion)
- Chart on Online - Year-over-year growth 2023-2028 (%)
- Data Table on Online - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ billion)
- Data Table on Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 Grocery - Market size and forecast 2023-2028
- Chart on Grocery - Market size and forecast 2023-2028 ($ billion)
- Data Table on Grocery - Market size and forecast 2023-2028 ($ billion)
- Chart on Grocery - Year-over-year growth 2023-2028 (%)
- Data Table on Grocery - Year-over-year growth 2023-2028 (%)
7.4 Electronics and appliances - Market size and forecast 2023-2028
- Chart on Electronics and appliances - Market size and forecast 2023-2028 ($ billion)
- Data Table on Electronics and appliances - Market size and forecast 2023-2028 ($ billion)
- Chart on Electronics and appliances - Year-over-year growth 2023-2028 (%)
- Data Table on Electronics and appliances - Year-over-year growth 2023-2028 (%)
7.5 Home and garden - Market size and forecast 2023-2028
- Chart on Home and garden - Market size and forecast 2023-2028 ($ billion)
- Data Table on Home and garden - Market size and forecast 2023-2028 ($ billion)
- Chart on Home and garden - Year-over-year growth 2023-2028 (%)
- Data Table on Home and garden - Year-over-year growth 2023-2028 (%)
7.6 Health and beauty - Market size and forecast 2023-2028
- Chart on Health and beauty - Market size and forecast 2023-2028 ($ billion)
- Data Table on Health and beauty - Market size and forecast 2023-2028 ($ billion)
- Chart on Health and beauty - Year-over-year growth 2023-2028 (%)
- Data Table on Health and beauty - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Opportunity/Restraints

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints

10 Competitive Landscape

10.1 Overview
10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
- Overview on factors of disruption
10.4 Industry risks
- Impact of key risks on business

11 Competitive Analysis

11.1 Companies profiled
- Companies covered
11.2 Market positioning of companies
- Matrix on companies position and classification
- 7 Eleven Inc.
- 7 Eleven Inc. - Overview
- 7 Eleven Inc. - Product / Service
- 7 Eleven Inc. - Key offerings
11.4 AEON CO. LTD.
- AEON CO. LTD. - Overview
- AEON CO. LTD. - Business segments
- AEON CO. LTD. - Key offerings
- AEON CO. LTD. - Segment focus
11.5 Berli Jucker Public Co. Ltd.
- Berli Jucker Public Co. Ltd. - Overview
- Berli Jucker Public Co. Ltd. - Business segments
- Berli Jucker Public Co. Ltd. - Key news
- Berli Jucker Public Co. Ltd. - Key offerings
- Berli Jucker Public Co. Ltd. - Segment focus
11.6 Central Group of Company
- Central Group of Company - Overview
- Central Group of Company - Product / Service
- Central Group of Company - Key offerings
11.7 Central Retail Corp.
- Central Retail Corp. - Overview
- Central Retail Corp. - Business segments
- Central Retail Corp. - Key news
- Central Retail Corp. - Key offerings
- Central Retail Corp. - Segment focus
11.8 Charoen Pokphand Foods PCL
- Charoen Pokphand Foods PCL - Overview
- Charoen Pokphand Foods PCL - Business segments
- Charoen Pokphand Foods PCL - Key news
- Charoen Pokphand Foods PCL - Key offerings
- Charoen Pokphand Foods PCL - Segment focus
11.9 Circle K
- Circle K - Overview
- Circle K - Product / Service
- Circle K - Key offerings
11.10 E Mart Co. Ltd.
- E Mart Co. Ltd. - Overview
- E Mart Co. Ltd. - Product / Service
- E Mart Co. Ltd. - Key offerings
11.11 FPT Retail Joint Stock Co.
- FPT Retail Joint Stock Co. - Overview
- FPT Retail Joint Stock Co. - Product / Service
- FPT Retail Joint Stock Co. - Key offerings
11.12 Lotte Shopping Plaza Vietnam Co. Ltd.
- Lotte Shopping Plaza Vietnam Co. Ltd. - Overview
- Lotte Shopping Plaza Vietnam Co. Ltd. - Product / Service
- Lotte Shopping Plaza Vietnam Co. Ltd. - Key offerings
11.13 Masan Group
- Masan Group - Overview
- Masan Group - Business segments
- Masan Group - Key offerings
- Masan Group - Segment focus
11.14 MM Mega Market Vietnam
- MM Mega Market Vietnam - Overview
- MM Mega Market Vietnam - Product / Service
- MM Mega Market Vietnam - Key offerings
11.15 Saigon Union of Trading Cooperatives
- Saigon Union of Trading Cooperatives - Overview
- Saigon Union of Trading Cooperatives - Product / Service
- Saigon Union of Trading Cooperatives - Key offerings
11.16 SPAR International
- SPAR International - Overview
- SPAR International - Product / Service
- SPAR International - Key offerings

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
12.3 Currency conversion rates for US$
- Currency conversion rates for US$
12.4 Research methodology
- Research methodology
12.5 Data procurement
- Information sources
12.6 Data validation
- Data validation
12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
12.8 Data synthesis
- Data synthesis
12.9 360 degree market analysis
- 360 degree market analysis
12.10 List of abbreviations
- List of abbreviations