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Vietnam Sanitary Ware and Bathroom Accessories Market: By Product Type: Toilet/Water closet, Wash basin, Pedestal, Cistern, Faucets, Showers, Others; By Material: Ceramic, Pressed Metal, Acrylic Plastic & Perspex, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Vietnam Sanitary Ware and Bathroom Accessories Market Outlook

The Vietnam sanitary ware and bathroom accessories market attained a value of USD 467 million in 2020. The industry is further expected to grow in the forecast period of 2021-2026 at a CAGR of 6.4% to reach USD 677 million by 2026 owing to changing lifestyle and growing per capita income of individuals.

 

Vietnam Sanitary Ware and Bathroom Accessories Market

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Properties and Applications

Sanitary ware and bathroom accessories are commonly manufactured from ceramic, pressed metal, and acrylic plastic and perspex materials, among others. 

 

Vietnam Sanitary Ware and Bathroom Accessories Market by Material

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Vietnam sanitary ware and bathroom accessories industry can be broadly categorised based on:

  • Product Type
    • Toilet/Water closet
    • Wash basin
    • Pedestal
    • Cistern
    • Faucets
    • Showers
    • Others
  • Material 
    • Ceramic 
    • Pressed Metal
    • Acrylic Plastic and Perspex
    • Others

 

Vietnam Sanitary Ware and Bathroom Accessories Market By Region

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Market Analysis

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.

 

Competitive Landscape

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:

  • CAESAR Bathroom
  • Gessi SpA
  • Innoci Vietnam
  • Italisa (Vietnam) Co., Ltd
  • Jaquar Group
  • LIXIL VINA Co., Ltd (LIXIL Corporation)
  • ROCA Sanitario, S.A.
  • Toto Ltd.
  • Viglacera Corporation
  • Viet Ceramics International Company

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.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key findings of the Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data 
3    Executive Summary
    3.1    Market Overview
    3.2    Market Analysis
4    Vietnam Sanitary Ware & Bathroom Accessories Market Analysis
    4.1    Vietnam Sanitary Ware & Bathroom Accessories Market (2016-2020) & Forecast (2021-2026)
    4.2    Vietnam Sanitary Ware & Bathroom Accessories Market Breakup by Product Type
        4.2.1    Toilet/Water closet
        4.2.2    Wash basin
        4.2.3    Pedestal
        4.2.4    Cistern
        4.2.5    Faucets
        4.2.6    Showers
        4.2.7    Others
    4.3    Vietnam Sanitary Ware & Bathroom Accessories Market Breakup by Product Type: Historical Market (2016-2020) & Forecast (2021-2026)
        4.3.1    Toilet/Water closet
        4.3.2    Wash basin
        4.3.3    Pedestal
        4.3.4    Cistern
        4.3.5    Faucets
        4.3.6    Showers
        4.3.7    Others  
    4.4    Vietnam Sanitary Ware & Bathroom Accessories Market Breakup by Material
        4.4.1    Ceramic 
        4.4.2    Pressed Metal
        4.4.3    Acrylic Plastic & Perspex
        4.4.4    Others
    4.5    Vietnam Sanitary Ware & Bathroom Accessories Market Breakup by Material: Historical Market (2016-2020) & Forecast (2021-2026)
        4.5.1    Ceramic 
        4.5.2    Pressed Metal
        4.5.3    Acrylic Plastic & Perspex
        4.5.4    Others
5    SWOT Analysis
    5.1    Overview
    5.2    Strengths
    5.3    Weaknesses
    5.4    Opportunities
    5.5    Threats
6    Porter’s Five Forces Analysis
    6.1    Overview
    6.2    Buyer’s Power
    6.3    Supplier’s Power
    6.4    New Entrants
    6.5    Degree of Rivalry
    6.6    Substitutes
7    Competitive Landscape & Supplier Analysis
    7.1    CAESAR Bathroom
    7.2    Gessi SpA
    7.3    Innoci Vietnam
    7.4    Italisa (Vietnam) Co., Ltd
    7.5    Jaquar Group
    7.6    LIXIL VINA Co., Ltd (LIXIL Corporation)
    7.7    ROCA Sanitario, S.A.
    7.8    Toto Ltd.
    7.9    Viglacera Corporation
    7.10    Viet Ceramics International Company
8    Industry Events and Developments

Key Questions Answered in the Report

The Vietnam sanitary ware and bathroom accessories market reached a value of USD 467 million in 2020.

The market is projected to grow at a CAGR of nearly 6.4% in the forecast period of 2021-2026.

The market is estimated to reach a value of about USD 677 million by 2026.

The major drivers of the industry 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 as well as the rising shift from unbranded to branded products are expected to be the key trends guiding the growth of the industry.

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 industry include ceramic, pressed metal, and acrylic plastic and perspex, among others.

The leading players in the market are CAESAR Bathroom, Gessi SpA, Innoci Vietnam, Italisa (Vietnam) Co., Ltd, Jaquar Group, LIXIL VINA Co., Ltd (LIXIL Corporation), ROCA Sanitario, S.A., Toto Ltd., Viglacera Corporation, and Viet Ceramics International Company.

Analyst Review

The Vietnam sanitary ware and bathroom accessories market attained a value of USD 467 million in 2020, driven by the development in residential areas. Aided by the technological advancements in water saving, the industry is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 6.4% The industry is projected to reach USD 677 million by 2026.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on product types, the market for sanitary ware and bathroom accessories in Vietnam can be segmented into toilet/water closet, wash basin, pedestal, cistern, faucets, and showers, among others. On the basis of application, the industry can be divided into ceramic, pressed metal, and acrylic plastic and perspex, among others. The key players in the above industry include CAESAR Bathroom, Gessi SpA, Innoci Vietnam, Italisa (Vietnam) Co., Ltd, Jaquar Group, LIXIL VINA Co., Ltd (LIXIL Corporation), ROCA Sanitario, S.A., Toto Ltd., Viglacera Corporation, and Viet Ceramics International Company.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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