Consumer Electronics Retail in Vietnam
Summary
Consumer Electronics Retail in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The consumer electronics retail market comprises the sales of communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment. The market value represents the retail sales value of consumer electronics.
- The Vietnamese consumer electronics retail market recorded revenues of $9.2 billion in 2023, representing a compound annual growth rate (CAGR) of 1% between 2018 and 2023.
- The communications equipment segment accounted for the market's largest proportion in 2023, with total revenues of $4.7 billion, equivalent to 50.7% of the market's overall value.
- Rising consumer confidence is a key driver for the consumer electronics retail market, as consumers are more inclined to invest in the latest gadgets and devices that enhances their lifestyle. The General Statistics Office of Vietnam reports that consumer spending in Vietnam increased by 1.8% in 2023 from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the consumer electronics retail market in Vietnam
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the consumer electronics retail market in Vietnam
- Leading company profiles reveal details of key consumer electronics retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Vietnam consumer electronics retail market with five year forecasts by both value and volume
- What was the size of the Vietnam consumer electronics retail market by value in 2023?
- What will be the size of the Vietnam consumer electronics retail market in 2028?
- What factors are affecting the strength of competition in the Vietnam consumer electronics retail market?
- How has the market performed over the last five years?
- What are the main segments that make up Vietnam's consumer electronics retail market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the most recent developments in the market?
- 8 Company Profiles
- 8.1. Mobile World Investment Corp
- 8.2. FPT Digital Retail JSC
- 8.3. Hoang Kim Tay Nguyen Group Joint Stock Company
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Vietnam consumer electronics retail market value: $ million, 2018-23
- Table 2: Vietnam consumer electronics retail market category segmentation: % share, by value, 2018-23
- Table 3: Vietnam consumer electronics retail market category segmentation: $ million, 2018-23
- Table 4: Vietnam consumer electronics retail market geography segmentation: $ million, 2023
- Table 5: Vietnam consumer electronics retail market distribution: % share, by value, 2023
- Table 6: Vietnam consumer electronics retail market value forecast: $ million, 2023-28
- Table 7: Mobile World Investment Corp: key facts
- Table 8: Mobile World Investment Corp: Annual Financial Ratios
- Table 9: Mobile World Investment Corp: Key Employees
- Table 10: FPT Digital Retail JSC: key facts
- Table 11: FPT Digital Retail JSC: Annual Financial Ratios
- Table 12: Hoang Kim Tay Nguyen Group Joint Stock Company: key facts
- Table 13: Hoang Kim Tay Nguyen Group Joint Stock Company: Annual Financial Ratios
- Table 14: Hoang Kim Tay Nguyen Group Joint Stock Company: Key Employees
- Table 15: Vietnam Size of Population (million), 2019-23
- Table 16: Vietnam real GDP (Constant 2010 Prices, $ billion), 2019-23
- Table 17: Vietnam GDP (Current Prices, $ Billion), 2019-23
- Table 18: Vietnam Inflation, 2019-23
- Table 19: Vietnam Consumer Price Index (Absolute), 2019-23
- Table 20: Vietnam exchange rate, 2018-23
- List of Figures
- Figure 1: Vietnam consumer electronics retail market value: $ million, 2018-23
- Figure 2: Vietnam consumer electronics retail market category segmentation: $ million, 2018-23
- Figure 3: Vietnam consumer electronics retail market geography segmentation: % share, by value, 2023
- Figure 4: Vietnam consumer electronics retail market distribution: % share, by value, 2023
- Figure 5: Vietnam consumer electronics retail market value forecast: $ million, 2023-28
- Figure 6: Forces driving competition in the consumer electronics retail market in Vietnam, 2023
- Figure 7: Drivers of buyer power in the consumer electronics retail market in Vietnam, 2023
- Figure 8: Drivers of supplier power in the consumer electronics retail market in Vietnam, 2023
- Figure 9: Factors influencing the likelihood of new entrants in the consumer electronics retail market in Vietnam, 2023
- Figure 10: Factors influencing the threat of substitutes in the consumer electronics retail market in Vietnam, 2023
- Figure 11: Drivers of degree of rivalry in the consumer electronics retail market in Vietnam, 2023
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