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The Vietnam sanitary ware and bathroom accessories market attained a value of USD 576.17 million in 2023. The industry is further expected to grow in the forecast period of 2024-2032 at a CAGR of 6.4% to reach USD 1009.88 million by 2032 owing to changing lifestyle and growing per capita income of individuals.
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Sanitary ware and bathroom accessories are commonly manufactured from ceramic, pressed metal, and acrylic plastic and perspex materials, among others.
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Vietnam sanitary ware and bathroom accessories industry can be broadly categorised based on:
The Vietnam sanitary ware and bathroom accessories market is being driven by the economic growth, increasing demand for concept bathrooms, rising disposable income, and the development in residential areas. The introduction of new styles of concept bathroom and eco-friendly sanitary ware is further fuelling the growth of the industry. Moreover, technological advancements in water saving and sustainable material for sanitary ware is boosting the demand of the product. Also, rising construction activities and a growing shift from unbranded to branded products are other factors leading to the demand growth in the industry.
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The report presents a detailed analysis of the following key players in the Vietnam sanitary ware and bathroom accessories market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Material |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The Vietnam sanitary ware and bathroom accessories market reached a value of USD 576.17 million in 2023.
The market is projected to grow at a CAGR of nearly 6.4% in the forecast period of 2024-2032.
The market is estimated to reach a value of about USD 1009.88 million by 2032.
The major drivers of the market include rising disposable incomes, increasing population, rising construction industry, economic growth, rising demand for concept bathrooms, development in residential areas, and the technological advancements in water saving.
The use of sustainable material for sanitary ware, along with the rising shift towards branded products are expected to be the key trends in the market.
The major product types of sanitary ware and bathroom accessories in Vietnam include toilet/water closet, wash basin, pedestal, cistern, faucets, and showers, among others.
The leading materials in the market include ceramic, pressed metal, and acrylic plastic and perspex, among others.
The leading players in the market are Vietnam Caesar Sanitary Equipment Joint Stock Company, Gessi S.p.A., Innoci Viet Nam Co., Ltd , Italisa (Vietnam) Co., Ltd, Jaquar Vietnam , CAESAR Bathroom, Grelli Sanitary Ware, ROCA Sanitario, S.A., Toto Vietnam Co.,Ltd., Viglacera Corporation- JSC, LIXIL VINA Co., Ltd (LIXIL Corporation), Viet Ceramics International Joint Stock Company, Others.
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