According to the publisher's analysis, Vietnam's towel manufacturing industry has developed rapidly in recent years. This is mainly due to the competitiveness of Vietnam's labor costs and the transfer of international textile and clothing industries. Vietnam's home textile industry chain is becoming more and more complete. And it is gradually becoming an important base for international brands to layout. In addition, the Vietnamese government is also actively promoting the development of the textile industry and increasing investment and support for the textile industry.
Vietnam's textile market is mainly driven by exports and has become an important part of the global textile industry chain. It is a major OEM manufacturing site for textiles and clothing, and an important export base for the global home textile manufacturing industry. In 2024, Vietnam's textile and clothing industry exports exceeded US$44 billion.
According to the publisher's data, the total export value of Vietnam's cotton towels reached US$294 million in 2023. In 2024, international market demand continued to grow. From January to November, the cumulative export value of Vietnam's cotton towels was close to US$280 million. It is expected that Vietnam's cotton towel exports will continue to rise in the next few years.
According to the publisher's analysis, the United States, Japan, South Korea, China and other countries are currently the main export destinations for Vietnamese cotton towels. Japan and South Korea are the main export markets for Vietnamese cotton towels. According to the publisher's analysis, the top three export destinations for Vietnamese cotton towels from 2021 to 2024 are Japan, South Korea and the United States. The main companies importing cotton towels from Vietnam include SONGWOL INTERNATIONAL CO LTD, YAMAUCHI CO LTD, HOUEI CO LTD and other companies. Vietnamese cotton towel exporters include local Vietnamese companies and foreign-funded companies in the Vietnamese market.
Overall, the export volume of Vietnamese cotton towels has gradually increased, and the main export markets include the United States, South Korea, Japan and other regions. According to the publisher's analysis, Vietnam's textiles are competitive in the international market due to their low production costs. It is expected that as Vietnam's position in global trade improves, the export volume of Vietnamese cotton towels is expected to continue to grow.
The publisher recommends that global textile and clothing industry chain companies should investigate the Vietnamese market as soon as possible and prepare for the layout of the Vietnamese market.
Topics covered:
- The Import and Export of Cotton Towels in Vietnam (2021-2024)
- Total Export Volume and Percentage Change of Cotton Towels in Vietnam (2021-2024)
- Total Export Value and Percentage Change of Cotton Towels in Vietnam (2021-2024)
- Total Export Volume and Percentage Change of Cotton Towels in Vietnam (January-November 2024)
- Total Export Value and Percentage Change of Cotton Towels in Vietnam (January-November 2024)
- Average Export Price of Cotton Towels in Vietnam (2021-2024)
- Top 10 Export Destinations and Supply Volume of Vietnam’s Cotton Towels Export Market
- Top 10 Suppliers in the Export Market of Cotton Towels in Vietnam and Their Supply Volume
- Top 10 Buyers of Cotton Towels in Vietnam and Their Import Volumes
- How to Find International Distributors and International End Users of Cotton Towels Exports in Vietnam
- How Foreign Enterprises Enter the Cotton Towels Market of Vietnam
- Forecast for the Export of Cotton Towels in Vietnam (2025-2034)
Table of Contents
Companies Mentioned
- Songwol International Co Ltd.
- Yamauchi Co Ltd.
- Houei Co Ltd.
- Song Wol Vina Jsc
- Vietnam Dadong Company Limited
- Vietnam Dadong 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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