Key Market Indicators
Vietnam's cosmetics import and export is expected to grow significantly over the next five years. Imports are predicted to reach $934 million by 2026, increasing at a compound annual growth rate (CAGR) of 2.8% from $789 million in 2021. This marks a rise of 5.2% since 2005. China, Germany and the UK were the top three countries in terms of import. Exports of cosmetics from Vietnam are predicted to reach $453 million by 2026, growing at a CAGR of 3.1% from $377 million in 2021. Since 2005, the country's supply has increased by 3.5%. The US, Germany and Ireland were the top three countries in terms of export.
Latest reports
Vietnam Cosmetics Market Report- Q4 2024
In Q4 2024, the Vietnam cosmetics market continues to experience robust growth, driven by an expanding middle class and increasing consumer interest in...
