According to Organic Market Research, Vietnam Skin Care Market Share was USD 961.95 million in 2023 and the market is projected to touch USD 2,347.94 million by 2032, at a CAGR of 11.8% during the forecast period. The market is expected to continue expanding, with growth fueled by increasing consumer spending on premium skin care products, urbanization, and greater awareness of the benefits of maintaining healthy skin.
The Vietnam Skin Care Market Size has experienced significant growth in recent years, driven by increasing consumer awareness of skin health, rising disposable income, and the influence of social media. As more Vietnamese consumers, particularly millennials and Gen Z, prioritize self-care and grooming, the demand for a wide range of skin care products, from moisturizers to anti-aging creams, has surged.
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Market Segmentation
By Product Type
- Sunscreens
- Anti-Ageing Products
- Moisturizers
- Cleansers
- Toners
- Face Masks
- Others
By Gender
- Unisex
- Male
- Female
By Category
- Hand Care
- Depilatories
- Make-up Remover
- Body Care
- Facial Care
- Others
By Cohort Group
- Millennials
- Gen X
- Gen Alpha
- Gen Z
- Baby Boomers
By End-user
- Personal
- Professional
By Distribution Channel
- Pharmacy & Drug Stores
- Specialty Stores
- Online
- Offline-Supermarkets/Hypermarkets
- Departmental Stores
- Others
Customization Scope
- Available upon request
Pricing
- Available upon request
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Vietnam Skin Care Market Revenue
Key Players in the Market
The major players in the market are L’Oréal S.A., Shiseido Company, Limited, Unilever PLC, Procter & Gamble Co., Johnson & Johnson Services, Inc., Beiersdorf AG, Estée Lauder Companies Inc., Kao Corporation, Amorepacific Corporation, Saigon Cosmetic Corporation.
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