Research Market Industry

  Vietnam Furniture Market Overview Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 4.95% ( 2024-2032) The Vietnam e-wallet market is expanding rapidly, driven by increasing digital adoption, smartphone penetration, and the convenience of cashless payments. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 4.95% from 2024 to 2032. Vietnam Furniture Market Trends and Drive: The Vietnam furniture market is characterized by several emerging trends, such as a rising demand for multifunctional and space-efficient furniture, especially among urban consumers residing in limited spaces. Additionally, there is an increasing preference for eco-conscious and sustainably sourced materials, as consumers are becoming more aware of environmental repercussions. Furthermore, the market is experiencing a rise in online furniture purchases, propelled by the convenience of e-commerce platforms and the growing digita...

  Vietnam Digital Payment Market Overview Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 14.40% ( 2024-2032) The Vietnam digital payment market is rapidly growing, fueled by the rise of e-commerce, smartphone usage, and a shift towards cashless transactions. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 14.40% from 2024 to 2032. Vietnam Digital Payment Market Trends and Drive: The digital payment market in Vietnam is experiencing the increasing adoption of smartphones, internet connectivity, and digital banking services. As the Vietnamese economy becomes more digitalized, consumers are embracing online and mobile payments for their convenience, speed, and security. Digital wallets, contactless payments, and QR code-based transactions are gaining popularity, particularly in urban areas. The younger, technologically proficient population is playing a key role in influencing the ad...

  Vietnam Pharmacy Retail Market Overview Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 5.31% (2024-2032) Vietnam pharmacy retail market is expanding, driven by increasing healthcare demands and a growing number of retail pharmacy chains. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 5.31% from 2024 to 2032. Vietnam Pharmacy Retail Market Trends and Drivers: The Vietnam pharmacy retail market is evolving rapidly, with a shift toward the expansion of both online and offline retail channels. As digital transformation accelerates, consumers are turning to e-commerce platforms for purchasing pharmaceuticals and wellness products, with several pharmacies adopting online services to cater to this growing demand. This trend is particularly prevalent among urban populations and technologically proficient consumers seeking convenience. Another important trend is the growing preference for self-med...

Vietnam Payments Market Overview Base Year:  2023 Historical Years:  2018-2023 Forecast Years:  2024-2032 Market Growth Rate: 9.34%   (2024-2032) The Vietnam payments market is rapidly advancing, fueled by the shift towards digital transactions and the rise of fintech innovations. According to the latest report by IMARC Group, the market is projected to grow at a  CAGR of 9.34%   from 2024 to 2032. Vietnam Payments Market Trends and Drive: The Vietnam payments market is growing fast, thanks to new tech. More people are using mobile wallets and online payments. This is because smartphones are getting more popular and internet access is better. Younger people are leading this change. They prefer quick and easy payments over cash. This is because they are more tech-savvy and want a smooth experience. E-commerce is also playing a big role. Online shopping is becoming more common. People want safe and easy ways to pay when they shop online. The government is hel...

Vietnam Taxi Market Overview Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 9.36%   (2024-2032) The Vietnam taxi market is expanding steadily, driven by urbanization, rising tourism, and the growing popularity of ride-hailing apps, which offer convenient and affordable transportation options across major cities. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 9.36%   from 2024 to 2032. Vietnam Taxi Market Trends and Drivers: The Vietnam taxi market is experiencing significant changes with the rise of ride-hailing services, which have become the preferred mode of transportation for several consumers. Companies like Grab and Be are gaining traction due to their convenience, competitive pricing, and ability to offer various services, such as carpooling and cashless payments. This shift has led to a decline in traditional taxi usage, as consumers appreciate the ease and affordability of app-ba...

  Vietnam Seafood Market Overview Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 2.79%   (2024-2032) The Vietnam seafood market is a dynamic sector characterized by diverse products, strong export growth, and increasing global demand, driven by sustainable practices and innovation. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 2.79%   from 2024 to 2032. Vietnam Seafood Market Trends and Drivers: The Vietnam seafood market is experiencing significant growth, driven by expanding urbanization and changing dietary preferences. The increasing demand for high-quality seafood, particularly in major urban centers such as Ho Chi Minh City, Hanoi, and Da Nang, is propelling industry expansion. The growing middle class and rising disposable incomes in Vietnam are also boosting the demand for premium and value-added seafood products. This trend is encouraging seafood processors ...

  Vietnam Logistics Market Overview Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 5.91% (2024-2032) The Vietnam logistics market is thriving, driven by expanding e-commerce, infrastructure development, favorable trade policies, and increasing demand for efficient supply chain solutions. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 5.91% from 2024 to 2032. Vietnam Logistics Market Trends and Drivers: The Vietnam logistics market is witnessing significant transformation, driven by rapid economic growth and increasing integration into global trade networks. The country’s strategic location in Southeast Asia makes it a critical hub for regional and international trade, leading to growing investments in logistics infrastructure. Key trends include the rise of e-commerce, which is fueling demand for efficient supply chain solutions and last-mile delivery services. Additionally, digital transformati...

  Vietnam Biopharmaceutical Market Overview Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 8.47% (2024-2032) The Vietnam biopharmaceutical market is growing rapidly, driven by increasing healthcare needs, government support, and rising investment in research and development. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 8.47% from 2024 to 2032. Vietnam Biopharmaceutical Market Trends and Drivers The Vietnam biopharmaceutical market is experiencing a growing focus on biologics, which are expected to become major components of the healthcare system. Biologics, including monoclonal antibodies and vaccines, are gaining popularity due to their effectiveness in treating chronic diseases such as cancer, autoimmune disorders, and infectious diseases. Additionally, there is an increasing emphasis on biosimilars, as these products offer cost-effective alternatives to original biologics, which helps i...

  Vietnam Luxury Goods Market Overview Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 6.10% (2024-2032) The Vietnam luxury goods market is experiencing significant growth, driven by rising disposable incomes, a growing middle and affluent class, and increasing demand for high-end products. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 6.10% from 2024 to 2032. Vietnam Luxury Goods Market Trends and Drivers: The Vietnam luxury goods market is experiencing robust growth, driven by expanding urbanization, increasing disposable incomes, and a growing middle class. As the economy of the country continues to develop, there is a rising demand for premium products across various sectors, including fashion, automobiles, watches, and fine dining. Moreover, the young and affluent population, particularly in major cities such as Hanoi and Ho Chi Minh City, is propelling market demand as younger consumers ex...