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The Vietnam skin care products market size reached approximately USD 1.20 Billion in 2024. The market is estimated to grow at a CAGR of 9.50% in the forecast period of 2025-2034, reaching a value of around USD 2.97 Billion by 2034.
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Global Vietnam Skin Care Products Market size was valued at $860.4 Million in 2022, and is projected to reach $1,920.7 Million by 2030, at a CAGR of 10.56%.
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The Vietnam Skin Care Product Market is valued at USD 930 million, primarily driven by increased consumer awareness about skin health, the influence of beauty trends, and the expanding middle-class population in Vietnam.
The revenue in the 'Skin Care' segment of the beauty & personal care market in Vietnam was forecast to continuously increase between 2025 and 2030 by in total ***** million U.S. dollars (+***** percent). After the tenth consecutive increasing year, the revenue is estimated to reach *** billion U.S. dollars and therefore a new peak in 2030. Find other key market indicators concerning the average revenue per user (ARPU) and revenue growth.The Statista Market Insights cover a broad range of additional markets.
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Uncover the growth potential in the Vietnam Natural Skincare Market, size at USD 100 in 2023, highlighting trends, key developments, and challenges impacting the industry.
The revenue change in the 'Skin Care' segment of the beauty & personal care market in Vietnam was forecast to continuously decrease between 2025 and 2030 by in total *** percentage points. According to this forecast, in 2030, the revenue change will have decreased for the eighth consecutive year to *** percent. Find other key market indicators concerning the revenue and average revenue per user (ARPU).The Statista Market Insights cover a broad range of additional markets.
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In Vietnam Skin Care Market, Consumers are increasingly looking for products that not only improve the appearance of their skin but also contribute to long-term skin health.
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Dive into the USD 936.21 million Vietnam Skin Care Market with insights on demand forecast, consumer trends, and market outlook to 2028.
Over the last two observations, the revenue is forecast to significantly increase in all segments. As part of the positive trend, the revenue achieves the maximum value across all four different segments by the end of the comparison period. Notably, the segment Body stands out with the highest value of ****** million U.S. dollars. Find other insights concerning similar markets and segments, such as a comparison of revenue in Italy and a comparison of average revenue per user (ARPU) in the Philippines.The Statista Market Insights cover a broad range of additional markets.
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Explore the future of the Vietnam Beauty Products Market with a size at USD 1.5 billion in 2023, featuring growth trends, competitive landscape, and consumer preferences.
In 2030, the revenue change is forecast to significantly decrease in all segments compared to the previous time point. Concerning the four selected segments, the segment Body has the largest revenue change with *** percent. Contrastingly, Baby & Child is ranked last, with **** percent. Their difference, compared to Body, lies at **** percentage points. Find other insights concerning similar markets and segments, such as a comparison of average revenue per user (ARPU) in Russia and a comparison of revenue in Russia.The Statista Market Insights cover a broad range of additional markets.
Significant fluctuations are estimated for all segments over the forecast period for the online revenue share. Only for the segment Online, a significant increase can be observed over the forecast period. Here, the online revenue share exhibits a difference of ***** percent between 2021 and 2029. Find further statistics on other topics such as a comparison of the online revenue share in Italy and a comparison of the online revenue share in Europe. The Statista Market Insights cover a broad range of additional markets.
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Vietnam Cosmetics Market was valued at USD 1.68 billion in 2024 and is anticipated to grow USD 2.34 billion by 2030 with a CAGR of 5.74%
Pages | 81 |
Market Size | 2024: USD 1.68 Billion |
Forecast Market Size | 2030: USD 2.34 Billion |
CAGR | 2025-2030: 5.74% |
Fastest Growing Segment | Online |
Largest Market | Northern Vietnam |
Key Players | 1. L'Oréal Vietnam Co., Ltd. 2. Unilever Vietnam International Company Limited 3. Estee Lauder (Vietnam) Limited 4. Beiersdorf Vietnam Co., Ltd 5. Procter & Gamble Vietnam Company Limited 6. Shiseido Cosmetics Vietnam Co., Ltd 7. Marico Limited 8. Chanel, Inc. 9. MON Trading Co., Ltd (Vedette) 10. YLV Company Limited (The Skinna) |
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The Beauty and Personal Care Products Market is Segmented by Product Type (Personal Care Products, Cosmetics/Makeup Products), Category (Premium Products and Mass Products), Ingredient Type (Natural/Organic, and Conventional/Synthetic), Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, Online Retail Channels and Other Channels), and Geography. The Market Forecasts are Provided in Terms of Value (USD).
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The Asia Pacific skin care cosmeceutical market presents a compelling investment opportunity, driven by increasing awareness of skin health and a rising disposable income across the region. The market, while exhibiting a currently low CAGR (let's assume, for illustrative purposes, a CAGR of 5% based on typical growth in this sector), is poised for significant expansion fueled by several key factors. The burgeoning middle class in countries like China, India, and Vietnam is creating a larger consumer base willing to invest in premium skincare products. Furthermore, a growing preference for natural and organic ingredients, coupled with the increasing prevalence of skin concerns like acne and aging, is boosting demand for cosmeceuticals offering targeted solutions. Significant growth is expected within the anti-aging and sun protection segments, driven by the increasing awareness of the long-term effects of sun exposure and the desire to maintain youthful appearance. Online distribution channels are experiencing rapid growth, offering convenient access to a wider range of products and creating a more competitive marketplace. However, factors such as stringent regulatory environments in some countries and the potential for counterfeit products present challenges to sustained market growth. Despite a currently low CAGR, the market's segmentation reveals pockets of substantial growth. The anti-aging segment, for instance, is likely to show above-average growth due to the expanding aging population and increased disposable incomes. Similarly, the online distribution channel is expected to be a significant driver of future market expansion. Competition among established players like Procter & Gamble, Johnson & Johnson, and L'Oreal, alongside emerging local brands, will continue to shape the market landscape. The geographical diversity within Asia-Pacific also presents unique opportunities and challenges; understanding the nuances of consumer preferences in each country – China's focus on brightening products, for example, versus India's diverse needs – is crucial for successful market penetration. While a precise market size is unavailable, a logical estimate, considering typical market sizes in similar regions and the presence of major players, would place the current market size in the billions, with significant projected expansion over the forecast period. Market penetration strategies that focus on effective marketing, brand building, and leveraging digital channels are crucial for success in this dynamic market. Notable trends are: Skin Care Segment Holds a Leading Share.
Comprehensive dataset of 280 Beauty products wholesalers in Vietnam as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.
The revenue in the beauty & personal care market in Vietnam was forecast to continuously increase between 2025 and 2030 by in total *** billion U.S. dollars (+***** percent). After the ***** consecutive increasing year, the revenue is estimated to reach **** billion U.S. dollars and therefore a new peak in 2030. Find further information concerning Indonesia and Thailand. The Statista Market Insights cover a broad range of additional markets.
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Vietnam Collagen Supplement Market size was valued at USD 140.08 Million in 2024 and is projected to reach USD 223.27 Million by 2032, growing at a CAGR of 6% from 2026 to 2032.
Vietnam Collagen Supplement Market Drivers
Growing Middle Class: As Vietnam's middle class expands, consumers are increasingly prioritizing health and wellness, leading to a greater interest in dietary supplements, including collagen.
Preventative Healthcare: There's a rising awareness of the importance of preventative healthcare, with consumers seeking products that support long-term health and well-being.
Influence of Global Beauty Trends: Vietnamese consumers are influenced by global beauty trends, particularly those emphasizing skincare and anti-aging.
Desire for Youthful Appearance: Collagen supplements are perceived as a way to maintain youthful skin, hair, and nails, driving demand among beauty-conscious consumers.
Growth of Online Retail: The expansion of e-commerce platforms and online retailers makes collagen supplements more accessible to consumers across Vietnam.
The global average revenue per capita in the 'Skin Care' segment of the beauty & personal care market was forecast to continuously increase between 2025 and 2030 by in total 3.7 U.S. dollars (+14.57 percent). After the tenth consecutive increasing year, the average revenue per capita is estimated to reach 29.06 U.S. dollars and therefore a new peak in 2030. Notably, the average revenue per capita of the 'Skin Care' segment of the beauty & personal care market was continuously increasing over the past years.Find more information concerning Thailand and Vietnam. The Statista Market Insights cover a broad range of additional markets.
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The Vietnam Male Grooming Market size is USD 200 million in 2023, outlines adoption trends, segmentation, and sourcing strategies to drive operational outcomes.
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The Vietnam skin care products market size reached approximately USD 1.20 Billion in 2024. The market is estimated to grow at a CAGR of 9.50% in the forecast period of 2025-2034, reaching a value of around USD 2.97 Billion by 2034.