The import of chenille fabric of manmade fibres to Vietnam was valued at 42.201 million USD in 2023. With forecasted values increasing from 44.649 million USD in 2024 to 54.342 million USD in 2028, the year-on-year growth percentages from 2024 onwards are 5.96%, 5.58%, 4.84%, and 4.52% respectively. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 4.57%.
Key future trends to watch for include changing consumer preferences towards sustainable and eco-friendly materials, fluctuations in raw material prices, and potential trade policy changes impacting import duties and tariffs. Additionally, technological advancements in fabric production and changing patterns in global supply chains may influence the import dynamics of chenille fabric in Vietnam.
