Glowing Growth: Vietnam’s Cosmetic Market Insights & Future Trends
Vietnam Cosmetics Market Research Report: Forecast (2025–2030) Introduction Vietnam's cosmetics industry is poised for significant growth between 2025 and 2030. Driven by a rising middle class, increasing disposable incomes, and evolving beauty standards, the market offers ample opportunities for both international and local brands. This report provides an in-depth analysis of market trends, key drivers, challenges, and future prospects. Market Overview Market Size : Valued at approximately USD 2.5 billion in 2024. Projected Growth : Expected to reach USD 3.2 billion by 2030. CAGR : Estimated at 4.2% during the forecast period (2025–2030). Key Players : L'Oréal Vietnam Co., Ltd., Unilever Vietnam International Company Limited, Estee Lauder (Vietnam) Limited, Beiersdorf Vietnam Co., Ltd., Procter & Gamble Vietnam Company Limited, Shiseido Cosmetics Vietnam Co., Ltd., Marico Limited, Chanel, Inc., MON Trading Co., Ltd. (Vedet...