Apart from direct sales to individual consumers, pocket pouches are also suitable for several downstream market sectors, including fashion retail, e-commerce, the gift market, and the tourism industry. Pocket pouches are highly versatile and fashionable, essential for daily life and travel, with a vast market scale, a wide customer base, and steadily growing market demand over the years.
According to the publisher analysis, Vietnam has become an important base for pocket pouch production in recent years, benefiting from its low labor costs and improving manufacturing capabilities. The export volume and value of pocket pouches from Vietnam has been increasing annually. Compared to other ASEAN countries, Vietnam has a more cost-effective labor force and strong export infrastructure, along with higher recognition in the international market. It offers relatively advanced technology and extensive experience; better meeting clients' customization needs. For pocket pouches, a type of small consumer goods, Vietnam’s competitive advantages are quite evident.
The production capacity and output of leather goods and textiles in Vietnam are continuously growing, and the pocket pouch manufacturing industry is also developing rapidly, with many international brands establishing production bases in the country. According to the publisher analysis, the Vietnamese government supports the development of the bag and pouch manufacturing industry through preferential policies and investment promotion, enhancing the competitiveness of Vietnamese pocket pouch products in the international market.
Vietnamese bag products have gained international recognition for their high cost-effectiveness, with exports increasing annually, becoming a crucial part of Vietnam's foreign trade. The publisher data shows that the total export value of Vietnamese cases and bags exceeded USD 3 billion in 2023, occupying a significant position in the global market. Vietnam has achieved remarkable success in this field and is expected to maintain its competitiveness in the international market in the future.
According to the publisher data, the total export value of pocket pouches from Vietnam reached USD 170 million in 2023, and from January to May 2024, the export value was about USD 65 million. The publisher analyzes that from 2021 to 2024, the main export destinations for Vietnamese pocket pouches were South Korea, the United States, and Japan. Major companies importing these products from Vietnam include SIMONE ACC COLLECTION, TBS INTERNATIONAL CO, LTD, and TAIWAN YAMANI INC. Vietnamese pocket pouch exporters are mainly foreign-funded enterprises, especially subsidiaries and OEM factories of large international bag companies or brands established in Vietnam. Major Vietnamese pocket pouch exporters include SIMONE Vietnam, TBS GROUP, and BL LEATHER BANK CO, LTD.
According to the publisher analysis, due to factors such as Vietnam's participation in numerous free trade agreements, continuous progress in the quality, technology, and design of the Vietnamese bag industry, and the growth of the global pocket pouch market size, the export volume of Vietnamese pocket pouches is also expected to continue to increase.
Topics covered:
- The Import and Export of Pocket Pouches in Vietnam (2021-2024)
- Total Export Volume and Percentage Change of Pocket Pouches in Vietnam (2021-2024)
- Total Export Value and Percentage Change of Pocket Pouches in Vietnam (2021-2024)
- Total Export Volume and Percentage Change of Pocket Pouches in Vietnam (January-May 2024)
- Total Export Value and Percentage Change of Pocket Pouches in Vietnam (January-May 2024)
- Average Export Price of Pocket Pouches in Vietnam (2021-2024)
- Top 10 Export Destinations for Vietnam Pocket Pouches and Their Import Volume
- Top 10 Suppliers in the Export Market of Pocket Pouches in Vietnam and Their Export Volume
- Top 10 Buyers in the Export Market of Pocket Pouches in Vietnam and Their Import Volume
- How to Find International Distributors and End Users of Pocket Pouches in Vietnam
- How Foreign Enterprises Enter the Pocket Pouches Export Market of Vietnam
- Forecast for the Export of Pocket Pouches in Vietnam (2024-2033)
Table of Contents
Companies Mentioned
- Simone Acc Collection
- Tbs International Co Ltd.
- Taiwan Yamani Inc.
- Simone Vietnam
- Tbs Group
- Bl Leather Bank Co Ltd
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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