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Vietnam Retail Market 2023-2027

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    Report

  • 120 Pages
  • December 2022
  • Region: Vietnam
  • TechNavio
  • ID: 5547419
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The retail market in Vietnam is poised to grow by $163.49 bn during 2023-2027, accelerating at a CAGR of 11.4% 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 the growing demand for convenience food products, the expansion of retail landscape, and the growing popularity of private-label brands.

The retail market in vietnam is segmented as below:

By Distribution Channel

  • Offline
  • Online

By Type

  • Grocery
  • Electronics and appliances
  • Home and garden
  • Health and beauty
  • Others
This study identifies urban lifestyles as one of the prime reasons driving the retail market growth during the next few years. Also, rising market activities by retailers and a 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 sizing
  • Retail market forecast
  • Retail market 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 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 accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on Vietnam - Market size and forecast 2022-2027 ($ billion)
Exhibit 12: Data Table on Vietnam - Market size and forecast 2022-2027 ($ billion)
Exhibit 13: Chart on Vietnam: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on Vietnam: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Retail market in Vietnam 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on Retail market in Vietnam 2017 - 2021 ($ billion)
4.2 Distribution Channel Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ billion)
4.3 End-User Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - End-User Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Distribution Channel
6.1 Market segments
Exhibit 25: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 26: Data Table on Distribution Channel - Market share 2022-2027 (%)
6.2 Comparison by Distribution Channel
Exhibit 27: Chart on Comparison by Distribution Channel
Exhibit 28: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2022-2027
Exhibit 29: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 30: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 31: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Offline - Year-over-year growth 2022-2027 (%)
6.4 Online - Market size and forecast 2022-2027
Exhibit 33: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 34: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Online - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 37: Market opportunity by Distribution Channel ($ billion)
7 Market Segmentation by Type
7.1 Market segments
Exhibit 38: Chart on Type - Market share 2022-2027 (%)
Exhibit 39: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 40: Chart on Comparison by Type
Exhibit 41: Data Table on Comparison by Type
7.3 Grocery - Market size and forecast 2022-2027
Exhibit 42: Chart on Grocery - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Grocery - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Grocery - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Grocery - Year-over-year growth 2022-2027 (%)
7.4 Electronics and appliances - Market size and forecast 2022-2027
Exhibit 46: Chart on Electronics and appliances - Market size and forecast 2022-2027 ($ billion)
Exhibit 47: Data Table on Electronics and appliances - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Chart on Electronics and appliances - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Electronics and appliances - Year-over-year growth 2022-2027 (%)
7.5 Home and garden - Market size and forecast 2022-2027
Exhibit 50: Chart on Home and garden - Market size and forecast 2022-2027 ($ billion)
Exhibit 51: Data Table on Home and garden - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Chart on Home and garden - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Home and garden - Year-over-year growth 2022-2027 (%)
7.6 Health and beauty - Market size and forecast 2022-2027
Exhibit 54: Chart on Health and beauty - Market size and forecast 2022-2027 ($ billion)
Exhibit 55: Data Table on Health and beauty - Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Chart on Health and beauty - Year-over-year growth 2022-2027 (%)
Exhibit 57: Data Table on Health and beauty - Year-over-year growth 2022-2027 (%)
7.7 Others - Market size and forecast 2022-2027
Exhibit 58: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 59: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 61: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by Type
Exhibit 62: Market opportunity by Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 64: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 65: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 66: Overview on factors of disruption
10.4 Industry risks
Exhibit 67: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
Exhibit 68: Vendors covered
11.2 Market positioning of vendors
Exhibit 69: Matrix on vendor position and classification
11.3 7-Eleven Inc.
Exhibit 70: 7-Eleven Inc. - Overview
Exhibit 71: 7-Eleven Inc. - Product/Service
Exhibit 72: 7-Eleven Inc. - Key offerings
11.4 AEON CO. Ltd.
Exhibit 73: AEON CO. Ltd. - Overview
Exhibit 74: AEON CO. Ltd. - Business segments
Exhibit 75: AEON CO. Ltd. - Key offerings
Exhibit 76: AEON CO. Ltd. - Segment focus
11.5 Berli Jucker Public Co. Ltd.
Exhibit 77: Berli Jucker Public Co. Ltd. - Overview
Exhibit 78: Berli Jucker Public Co. Ltd. - Business segments
Exhibit 79: Berli Jucker Public Co. Ltd. - Key news
Exhibit 80: Berli Jucker Public Co. Ltd. - Key offerings
Exhibit 81: Berli Jucker Public Co. Ltd. - Segment focus
11.6 Central Group of Company
Exhibit 82: Central Group of Company - Overview
Exhibit 83: Central Group of Company - Product/Service
Exhibit 84: Central Group of Company - Key news
Exhibit 85: Central Group of Company - Key offerings
11.7 Central Retail Corp.
Exhibit 86: Central Retail Corp. - Overview
Exhibit 87: Central Retail Corp. - Business segments
Exhibit 88: Central Retail Corp. - Key news
Exhibit 89: Central Retail Corp. - Key offerings
Exhibit 90: Central Retail Corp. - Segment focus
11.8 Charoen Pokphand Foods PCL
Exhibit 91: Charoen Pokphand Foods PCL - Overview
Exhibit 92: Charoen Pokphand Foods PCL - Business segments
Exhibit 93: Charoen Pokphand Foods PCL - Key news
Exhibit 94: Charoen Pokphand Foods PCL - Key offerings
Exhibit 95: Charoen Pokphand Foods PCL - Segment focus
11.9 Circle K
Exhibit 96: Circle K - Overview
Exhibit 97: Circle K - Product/Service
Exhibit 98: Circle K - Key offerings
11.10 E Mart Co. Ltd.
Exhibit 99: E Mart Co. Ltd. - Overview
Exhibit 100: E Mart Co. Ltd. - Product/Service
Exhibit 101: E Mart Co. Ltd. - Key offerings
11.11 FPT Retail Joint Stock Co.
Exhibit 102: FPT Retail Joint Stock Co. - Overview
Exhibit 103: FPT Retail Joint Stock Co. - Product/Service
Exhibit 104: FPT Retail Joint Stock Co. - Key offerings
11.12 Lotte Shopping Plaza Vietnam Co. Ltd.
Exhibit 105: Lotte Shopping Plaza Vietnam Co. Ltd. - Overview
Exhibit 106: Lotte Shopping Plaza Vietnam Co. Ltd. - Product/Service
Exhibit 107: Lotte Shopping Plaza Vietnam Co. Ltd. - Key offerings
11.13 Masan Group
Exhibit 108: Masan Group - Overview
Exhibit 109: Masan Group - Product/Service
Exhibit 110: Masan Group - Key offerings
11.14 MM Mega Market Vietnam
Exhibit 111: MM Mega Market Vietnam - Overview
Exhibit 112: MM Mega Market Vietnam - Product/Service
Exhibit 113: MM Mega Market Vietnam - Key offerings
11.15 Saigon Union of Trading Cooperatives
Exhibit 114: Saigon Union of Trading Cooperatives - Overview
Exhibit 115: Saigon Union of Trading Cooperatives - Product/Service
Exhibit 116: Saigon Union of Trading Cooperatives - Key offerings
11.16 SPAR International
Exhibit 117: SPAR International - Overview
Exhibit 118: SPAR International - Product/Service
Exhibit 119: SPAR International - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 120: Inclusions checklist
Exhibit 121: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 122: Currency conversion rates for US$
12.4 Research methodology
Exhibit 123: Research methodology
Exhibit 124: Validation techniques employed for market sizing
Exhibit 125: Information sources
12.5 List of abbreviations
Exhibit 126: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Vendor Market Positioning
Exhibits 7: Parent market
Exhibits 8: Market Characteristics
Exhibits 9: Offerings of vendors included in the market definition
Exhibits 10: Market segments
Exhibits 11: Chart on Vietnam - Market size and forecast 2022-2027 ($ billion)
Exhibits 12: Data Table on Vietnam - Market size and forecast 2022-2027 ($ billion)
Exhibits 13: Chart on Vietnam: Year-over-year growth 2022-2027 (%)
Exhibits 14: Data Table on Vietnam: Year-over-year growth 2022-2027 (%)
Exhibits 15: Historic Market Size - Data Table on Retail market in Vietnam 2017 - 2021 ($ billion)
Exhibits 16: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ billion)
Exhibits 17: Historic Market Size - End-User Segment 2017 - 2021 ($ billion)
Exhibits 18: Five forces analysis - Comparison between 2022 and 2027
Exhibits 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 21: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 22: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 23: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 24: Chart on Market condition - Five forces 2022 and 2027
Exhibits 25: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibits 26: Data Table on Distribution Channel - Market share 2022-2027 (%)
Exhibits 27: Chart on Comparison by Distribution Channel
Exhibits 28: Data Table on Comparison by Distribution Channel
Exhibits 29: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibits 30: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibits 31: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibits 32: Data Table on Offline - Year-over-year growth 2022-2027 (%)
Exhibits 33: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibits 34: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibits 35: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibits 36: Data Table on Online - Year-over-year growth 2022-2027 (%)
Exhibits 37: Market opportunity by Distribution Channel ($ billion)
Exhibits 38: Chart on Type - Market share 2022-2027 (%)
Exhibits 39: Data Table on Type - Market share 2022-2027 (%)
Exhibits 40: Chart on Comparison by Type
Exhibits 41: Data Table on Comparison by Type
Exhibits 42: Chart on Grocery - Market size and forecast 2022-2027 ($ billion)
Exhibits 43: Data Table on Grocery - Market size and forecast 2022-2027 ($ billion)
Exhibits 44: Chart on Grocery - Year-over-year growth 2022-2027 (%)
Exhibits 45: Data Table on Grocery - Year-over-year growth 2022-2027 (%)
Exhibits 46: Chart on Electronics and appliances - Market size and forecast 2022-2027 ($ billion)
Exhibits 47: Data Table on Electronics and appliances - Market size and forecast 2022-2027 ($ billion)
Exhibits 48: Chart on Electronics and appliances - Year-over-year growth 2022-2027 (%)
Exhibits 49: Data Table on Electronics and appliances - Year-over-year growth 2022-2027 (%)
Exhibits 50: Chart on Home and garden - Market size and forecast 2022-2027 ($ billion)
Exhibits 51: Data Table on Home and garden - Market size and forecast 2022-2027 ($ billion)
Exhibits 52: Chart on Home and garden - Year-over-year growth 2022-2027 (%)
Exhibits 53: Data Table on Home and garden - Year-over-year growth 2022-2027 (%)
Exhibits 54: Chart on Health and beauty - Market size and forecast 2022-2027 ($ billion)
Exhibits 55: Data Table on Health and beauty - Market size and forecast 2022-2027 ($ billion)
Exhibits 56: Chart on Health and beauty - Year-over-year growth 2022-2027 (%)
Exhibits 57: Data Table on Health and beauty - Year-over-year growth 2022-2027 (%)
Exhibits 58: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibits 59: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibits 60: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibits 61: Data Table on Others - Year-over-year growth 2022-2027 (%)
Exhibits 62: Market opportunity by Type ($ billion)
Exhibits 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 64: Impact of drivers and challenges in 2022 and 2027
Exhibits 65: Overview on Criticality of inputs and Factors of differentiation
Exhibits 66: Overview on factors of disruption
Exhibits 67: Impact of key risks on business
Exhibits 68: Vendors covered
Exhibits 69: Matrix on vendor position and classification
Exhibits 70: 7-Eleven Inc. - Overview
Exhibits 71: 7-Eleven Inc. - Product/Service
Exhibits 72: 7-Eleven Inc. - Key offerings
Exhibits 73: AEON CO. Ltd. - Overview
Exhibits 74: AEON CO. Ltd. - Business segments
Exhibits 75: AEON CO. Ltd. - Key offerings
Exhibits 76: AEON CO. Ltd. - Segment focus
Exhibits 77: Berli Jucker Public Co. Ltd. - Overview
Exhibits 78: Berli Jucker Public Co. Ltd. - Business segments
Exhibits 79: Berli Jucker Public Co. Ltd. - Key news
Exhibits 80: Berli Jucker Public Co. Ltd. - Key offerings
Exhibits 81: Berli Jucker Public Co. Ltd. - Segment focus
Exhibits 82: Central Group of Company - Overview
Exhibits 83: Central Group of Company - Product/Service
Exhibits 84: Central Group of Company - Key news
Exhibits 85: Central Group of Company - Key offerings
Exhibits 86: Central Retail Corp. - Overview
Exhibits 87: Central Retail Corp. - Business segments
Exhibits 88: Central Retail Corp. - Key news
Exhibits 89: Central Retail Corp. - Key offerings
Exhibits 90: Central Retail Corp. - Segment focus
Exhibits 91: Charoen Pokphand Foods PCL - Overview
Exhibits 92: Charoen Pokphand Foods PCL - Business segments
Exhibits 93: Charoen Pokphand Foods PCL - Key news
Exhibits 94: Charoen Pokphand Foods PCL - Key offerings
Exhibits 95: Charoen Pokphand Foods PCL - Segment focus
Exhibits 96: Circle K - Overview
Exhibits 97: Circle K - Product/Service
Exhibits 98: Circle K - Key offerings
Exhibits 99: E Mart Co. Ltd. - Overview
Exhibits 100: E Mart Co. Ltd. - Product/Service
Exhibits 101: E Mart Co. Ltd. - Key offerings
Exhibits 102: FPT Retail Joint Stock Co. - Overview
Exhibits 103: FPT Retail Joint Stock Co. - Product/Service
Exhibits 104: FPT Retail Joint Stock Co. - Key offerings
Exhibits 105: Lotte Shopping Plaza Vietnam Co. Ltd. - Overview
Exhibits 106: Lotte Shopping Plaza Vietnam Co. Ltd. - Product/Service
Exhibits 107: Lotte Shopping Plaza Vietnam Co. Ltd. - Key offerings
Exhibits 108: Masan Group - Overview
Exhibits 109: Masan Group - Product/Service
Exhibits 110: Masan Group - Key offerings
Exhibits 111: MM Mega Market Vietnam - Overview
Exhibits 112: MM Mega Market Vietnam - Product/Service
Exhibits 113: MM Mega Market Vietnam - Key offerings
Exhibits 114: Saigon Union of Trading Cooperatives - Overview
Exhibits 115: Saigon Union of Trading Cooperatives - Product/Service
Exhibits 116: Saigon Union of Trading Cooperatives - Key offerings
Exhibits 117: SPAR International - Overview
Exhibits 118: SPAR International - Product/Service
Exhibits 119: SPAR International - Key offerings
Exhibits 120: Inclusions checklist
Exhibits 121: Exclusions checklist
Exhibits 122: Currency conversion rates for US$
Exhibits 123: Research methodology
Exhibits 124: Validation techniques employed for market sizing
Exhibits 125: Information sources
Exhibits 126: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global market in Vietnam: 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.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is urban lifestyles.`

According to the report, one of the major drivers for this market is the growing demand for convenience food products.

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 a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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
  • SPAR International