Vietnam consumer electronics market 2022

  • What is the consumer trend in Vietnam 2023?

    In 2023, consumers are becoming more sophisticated, value-conscious, and digitally connected.
    This is being driven by a number of factors, including the country's strong economic growth, rising incomes, and increasing urbanization.
    One of the most striking trends is the growing sophistication of Vietnamese consumers..

  • In 2021, total electronics exports were valued at US$108.37 billion, making up a third of all exports (Tien 2021) and the industry recorded its highest production output in both consumer electronics and electronic components in that year (Joseph 2021).
Overall, the Consumer Electronics market generated a total revenue of US$987 billion in 2022, representing a 4.4% decline from the previous year. The Consumer Electronics market is dominated by established and well-known companies, including Apple, Samsung, Huawei, and Sony.
Overall, the Consumer Electronics market generated a total revenue of US$987 billion in 2022, representing a 4.4% decline from the previous year.
Overall, the Consumer Electronics market generated a total revenue of US$987 billion in 2022, representing a 4.4% decline from the previous year. The Consumer  SmartphonesTelevisionsLaptopsDigital Cameras

How big is the consumer electronics market in Vietnam in 2021?

In 2021, the revenue of consumer electronics in Vietnam amounted to over 8

47 billion U S dollars By then, around 15 2 percent of sales were made online

Data shows the shift of sales channels of the Vietnamese consumer electronics market since 2017

How big is the e-commerce market in Vietnam?

The Vietnamese Consumer Electronics eCommerce market is predicted to reach US$4,332

6 million by 2023 and accounts for 95

0% of the Electronics & Media eCommerce market in Vietnam

It is expected to increase over the next years

What is the growth rate of consumer electronics market in 2023?

In the Consumer Electronics market, 37

6% of total revenue will be generated through online sales by 2023

In the Consumer Electronics market, volume is expected to amount to 98

2m pieces by 2028

The Consumer Electronics market is expected to show a volume growth of 2

4% in 2024

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