Vietnam Sportswear Market Outlook, Growth and Trends 2025-2033
Vietnam Sportswear Market Overview
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Growth Rate: 3.46% (2025-2033)
The Vietnam sportswear market is experiencing rapid growth, driven by rising health consciousness, increasing disposable income, and a strong demand for both international and local brands. According to the latest report by IMARC Group, The Vietnam sportswear market size reached USD 792.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,075.3 Million by 2033, exhibiting a growth rate (CAGR) of 3.46% during 2025-2033.
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Vietnam Sportswear Industry Trends and Drivers:
The Vietnamese sportswear market is growing rapidly. This growth comes from several factors. More people are becoming health-conscious. Disposable incomes are also rising. Plus, sports and fitness activities are gaining popularity. One major trend is the rise of athleisure wear. This type of clothing blends sportswear with everyday outfits. People want comfortable and stylish options for workouts and casual outings. E-commerce platforms are also on the rise. They let consumers explore a wider range of sportswear brands and products. Additionally, more Vietnamese athletes are competing in international events. This creates national pride and boosts interest in sports and related apparel. As interest in sports grows, so does the demand for performance-oriented sportswear. Consumers are looking for high-quality, advanced products. The market is diversifying, with brands offering gear for niche activities like yoga, running, and outdoor adventures.
A key trend in the Vietnamese sportswear market is the rise of social media and influencer marketing. Brands use digital platforms to connect with consumers. They promote products and boost brand awareness. Fitness influencers and online communities create a strong demand for stylish, functional sportswear. Consumers want products that match their active lifestyles. There's also a growing interest in sustainable and eco-friendly sportswear. Shoppers are now more aware of their impact on the environment. They prefer brands that prioritize ethical sourcing and sustainable practices. This approach gives these brands a competitive edge. Additionally, we see more collaborations between international sportswear brands and local designers. These partnerships lead to unique, culturally relevant products. This blend of global trends and local influences keeps the Vietnamese sportswear market dynamic and evolving.
Our comprehensive Vietnam sportswear market outlook reflects both short-term tactical and long-term strategic planning. This analysis is essential for stakeholders aiming to navigate the complexities of the market and capitalize on emerging opportunities.
Vietnam Sportswear Industry Segmentation:
The report has segmented the market into the following categories:
Product Insights:
- Shoes
- Clothes
Distribution Channel Insights:
- Online Stores
- Retail Stores
End User Insights:
- Men
- Women
- Kids
Regional Insights:
- Northern Vietnam
- Central Vietnam
- Southern Vietnam
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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