VIETNAM SPORTSWEAR MARKET

 

INTRODUCTION

 

The Vietnamese sportswear market is growing as people are considering healthier lifestyles. The Vietnamese government is encouraging exercise and healthy diets. In recent years Vietnam has seen rising obesity in the younger generation aged under 18 years and living in bigger cities.

 

 

In the past, the Vietnamese population were not aware about the existence of sportswear and they were wearing comfortable clothes like T-shirts and shorts for exercises. 

 

Recently, Vietnamese are paying more attention to the design of sportswear and for appearance. Especially in big cities, people are more interested in health and fitness trends. The signing up for the wellness and fitness places is increasing particularly in the younger generation.  

 

 

VIETNAM SPORTSWEAR MARKET SIZE AND FORECAST

 

The Vietnam sportswear market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.

 

RECENT DEVELOPMENTS IN SPORTSWEAR MARKET IN VIETNAM

 

Sl. No.	Company	Year	Developments
1.	Adidas	Sep, 2019	Adidas Saigon centre officially relaunched its store with new appearence and twice the scale to become the largest two-storey Adidas store in Vietnam.
2.	PUMA	Oct, 2021	PUMA grew its sales in the third quarter despite the disturbance in the supply chain.
3.	Nike	March, 2022	Nike’s revenue in the quarter which ended in Feb rose from 5% to $10.87 billion.
4.	Asics	March, 2022	Asics and Gmbh partnered up to roll out a duo of GEL-QUANTUM 360 6 colorways.

 

COMPANY PROFILES

• Adidas
• PUMA
• Skechers
• Nike
• Asics

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average selling price in the  Vietnam Sportswear  Market right now and how will it change in the next 5-6 years? 
2. Market share of Vietnam Sportswear manufacturers and their upcoming products
3. Cost advantage for OEMs who manufacture Vietnam Sportswear  in-house
4. 5 key predictions for next 5 years in Vietnam Sportswear Market
5. Latest trends in Vietnam Sportswear  Market, by every market segment
6. The market size (both volume and value) of Vietnam Sportswear  Market in 2022-2027 and every year in between
7. Global production breakup of Vietnam Sportswear Market, by suppliers and their OEM relationship
8. What is happening overall in the Vietnam Sportswear market.
9. Who are the major players in the Vietnam Sportswear market?
10. What are the business opportunities in the Vietnam Sportswear Industry?
11. What is the target group ?
12. What are the plans for the Vietnam Sportswear market in the next five years?
13. What are the Threats in Vietnam Sportswear market in the next five years.