Home laundry appliances have scope to develop further in Vietnam over the forecast period, supported by fast urbanisation in the cities, higher living standards, and the ongoing penetration of consumer electronics and appliances specialists into rural areas. Indeed, we expect retail volume growth to continue its recovery over the forecast period and creep back into positive performance figures.
Inverter technology and water-saving features continue to rise in popularity, thanks to their cost-saving qualities and sustainable positioning. As such, it is expected an increasing number of players will introduce these features over the forecast period and use them as key promotional points in their advertising methods.
E-commerce still has scope for growth in home laundry appliances, thanks to developments seen in such platforms, along with the wide ranges of products, brands, and discounts offered via the online channel. That said, consumer appliances and electronics specialists retailers remain relevant, thanks to consumers being able to inspect the products in real life and seek the advice of in-store experts, in addition to ease of access to warranty solutions and after sales services.
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Understand the latest market trends and future growth opportunities for the Home Laundry Appliances industry in Vietnam with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Laundry Appliances industry in Vietnam, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Laundry Appliances
Home laundry appliances includes the following categories: automatic dryers, automatic washing machines, automatic washer dryers and semi-automatic washing machines.
See All of Our DefinitionsThis report originates from Passport, our Home Laundry Appliances research and analysis database.
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