Key Findings
The Vietnam sanitary protection market is set to propel with a 5.66% CAGR during the estimated years 2020 and 2028. A highly competitive market and the availability of comfortable sanitary protection products drive market growth in the country.
Market Insights
In Vietnam, there is a rising demand for sanitary protection products with value-added features like antibacterial properties, cooling, natural scent, freshening, superior absorption levels, and comfortable design in an era of green living and healthier lifestyles. This is expected to augment the growth of the sanitary protection market in Vietnam during the assessment period.
In 2020, women made up 50.2% of the Vietnamese population, according to official government statistics. Throughout the forecast period, the sanitary protection market in Vietnam is anticipated to experience steady growth due to rising income levels and hygiene standards. Due to the growth of sex education, which has been a government priority, there is a particularly strong potential for growth in rural areas.
Therefore, brands might consider working with the government on educational initiatives that could help to raise the profile of their products and brands. Hence, this is expected to fuel developments in the industry, which can positively impact the sanitary protection market in Vietnam during the forecast period.
COMPETITIVE ANALYSIS
Key companies in the market include Procter & Gamble Vietnam Ltd, Kimberly-Clark Vietnam Co Ltd, Kao Vietnam Ltd, Diana JSC, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments