Growing Cosmetics and Toiletries Sale Boosting Vietnam Retail Market

Cosmetics and toiletries sales in Vietnam are projected to grow at a CAGR of around 30% during 2012-2015, says RNCOS in its research report.

NOIDA, India (prHWY.com) February 17, 2013 - Cosmetics and toiletries sales in Vietnam are witnessing significant growth over the past few years. The market is expanding on the back of improving living standards and extensive advertising campaigns. Increasing young population and rising incomes are contributing to the industry growth. Besides, foreign manufactured make-up and skin-care products are gaining popularity among Vietnamese customers. International brands started developing the domestic market realizing its prospect and profitability. Further, rising income, increasing fashion consciousness, and the entry of foreign players will provide a bigger boost to the industry. Therefore, considering all the factors, it is anticipated that the cosmetics and toiletries sales in Vietnam will grow at a CAGR of around 30% during 2012-2015.

According to a research report, "Vietnam Retail Market Forecast to 2014", retail sector in Vietnam is showing dynamic growth over the past few years due to increasing modernization, rising number of global retail players, and mounting disposable income. Further, as per our findings, the number of modern retail stores is increasing in the country, which is attracting a number of foreign investors and international brands. Moreover, the changing government regulations and consumer increasing attention towards modern retail concepts are also favoring the growth of the Industry.

Besides this, our report covers an in-depth analysis of the market performance by food retail sale including its segments, such as packaged food, dried processed food, noodles, dairy, bakery, and baby food. It also provides the detailed analysis of non-food retailing sector along with its segments, such as clothing, footwear, consumer electronics market, cosmetics and furniture. In addition, it includes the study on performance of the industry by province and by ownership along with their segments. Besides, our report covers detailed analysis of the consumer behavior including their lifestyles, shopping habits and purchasing behavior.

Our report "Vietnam Retail Market Forecast to 2014", elaborates the industry's current and past performance, and presents forecasts to depict a clear and balanced picture of the Vietnamese retail market. It also covers the emerging trends of the industry along with its roadblocks. Moreover, it also provides the comprehensive analysis of the retail formats including traditional and modern stores.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM337.htm

Some of our Related Reports are:

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- Indian Online Retail Market Analysis (http://www.rncos.com/Report/IM421.htm)
- Global Cosmeceuticals Market Analysis (http://www.rncos.com/Report/IM366.htm)
- Middle East Retail Sector Forecast to 2013 (http://www.rncos.com/Report/IM196.htm)
- South African Retail Industry Forecast to 2013 (http://www.rncos.com/Report/IM275.htm)

Check Related REPORTS on: http://www.rncos.com/Retail%20industry.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: vietnam retail market

Categories: Retail

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