Megatrends in Vietnam

December 2023

This Megatrends report highlights long-term trends resulting from shifts in consumer values and behaviour. It provides a summary of each of Euromonitor International’s 10 focus megatrends and insights as to how each trend has manifested in Vietnam.

USD 1,325
Request More Information

Delivery

Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).

This report comes in PPT.

Overview:

Consumer Lifestyle reports provide detailed snapshorts of the behaviours, attitudes and spending patterns of consumers in 40 countries. 

The Lifestyles reports offer valuable statistics and insights into key consumer traits and values, linking behaviour trends with purchase and consumption habits. Using lifestyles survey data, these reports quantify behaviours, preferences and motivations both now and in the future across specific consumer-related topics relating to how consumers live, shop, work and play in 40 markets. Analysis is also included on how Euromonitor’s 8 focus megatrends, the longer-term shifts in consumer attitudes and behaviour, are playing out in each of the 40 countries. Consumer lifestyles are constantly shifting. Understanding behavioural shifts is vital for businesses to stay competitive and adapt to in order to capitalise on new opportunities.

The Consumer Lifestyle in Vietnam report includes:

Lifestyles survey data and analysis on consumer values, behaviour and future expectations on topics such as life priorities, home and work life, ethical and health priorities and eating, leisure and shopping habits and use of technology. Consumer Megatrends covered are: Connected Consumers Ethical Living Experience More Healthy Living Middle Class Retreat Premiumisation Shifting Market Frontiers Shopping Reinvented

The Consumer Lifestyle in Vietnam report answers:

  • How is the consumer mindset in Vietnam changing? In Vietnam, what are consumer attitudes towards “green” and sustainable products?
  • What values influence consumers in Vietnam purchase decisions?
  • Where and how do consumers shop in Vietnam?
  • What health-related activities do consumers in Vietnam participate in?
  • What megatrends should I focus on in Vietnam (and why)?
  • How do I prioritize my investment? I operate in country x, which are the most important megatrends in that country?
  • My product chimes with the Healthy Living trend, what consumer behaviours do I need to consider for innovation planning?
Scope
The drivers shaping consumer behaviour
Megatrends framework
Businesses harness megatrends to renovate, innovate and disrupt
Convenience
AEON Vietnam enhances convenience with web shop redesign
Tech is being used to simplify everyday tasks
Consumers seek flexibility in all areas of life
Many shoppers want to see what they are buying
Consumers enjoy the flexibility of online shopping
Convenience drives demand for home delivered meals
Digital living
Loopsie uses AI to transform user’s photos into anime-style images
More activities move online
Consumers are protective of their personal data
Millennials are the least concerned about sharing data
Consumer reviews are the most trusted information source
Half of consumers expect more face-to-face activity post-pandemic
Diversity and inclusion
MFast promotes financial inclusion in rural Vietnam
Gen X are the most keen to support charities aligned with their values
Most want to make a positive difference to the world
Vietnamese people generally feel comfortable expressing their identity
Shoppers are paying more attention to brand values
Experience more
Vietnam’s first virtual runway is hosted on ORTHO’s metaverse
Consumers enjoy socialising both online and offline
Safety is the number one priority when choosing a holiday destination
More consumers value real world than online experiences
Personalisation
Apple offers the option to customise products at its new online store
Vietnamese are keen to express themselves via their online persona
Consumers enjoy tailored experiences
Premiumisation
East West Brewery continues to innovate in the emerging craft beer category
Most people want a simpler life
Millennials have the most confidence in their investments
Natural ingredients and high quality are prized attributes
Pursuit of value
Fundiin partners with LOTTE Cinema to launch BNPL for cinema tickets
Vietnamese shoppers are less thrifty than their global counterparts
Consumers are worried about rising living costs
Shoppers are embracing the circular economy
Consumers seek ways to make their money go further
Shopper reinvented
VR360 launches Vietnam’s first virtual reality shopping mall
Shoppers put their trust in celebrity-endorsed brands
Consumers enjoy a mix of in-store and online shopping
S-commerce is well-developed in Vietnam
Gen Z are the most likely to shop via social media channels
Sustainable living
Vietnam launches its first electric bike delivery service
Consumers are eager to protect the environment
Vietnamese underperform global peers when it comes to recycling
Reducing plastics use tops the list of green activities
More consumers are voting with their feet
Compostable packaging is considered the most sustainable
Wellness
Medigo makes healthcare more convenient, accessible and affordable
Massage is the leading antidote to stress
Vietnamese are very keen on health and fitness
Consumers continue to take precautions in the post-pandemic era
Leverage the power of megatrends to shape your strategy today
Share:

Buy Conumer Lifestyle overview reports to:

Gain a thorough knowledge of shifting consumer attitudes and habits and fill in information gaps to inform product/service development, market positioning and channel strategy.

NEW REPORT GUARANTEE

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!

;