The lack of investment in marketing means that distribution will likely continue to continue to play a significant role in the growth and expansion of pet products in Vietnam. In 2021, the smallest players, included under “others”, accounted for more than three quarters of value sales within pet products, with most having very limited distribution.
Pet products is projected to see a healthy growth over the forecast period. Thanks to the country’s successful vaccination campaign economic activity is expected to gradually pick up which should help restore consumer confidence.
The pet humanisation trend has played a key role in driving the development of pet care in many global markets, but it remains at the early stages of development in Vietnam. In the past animals such as cats and dogs were often seen as working animals or even as a source of food, but these attitudes are changing with people increasingly viewing their pets as companions.
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Understand the latest market trends and future growth opportunities for the Pet Products industry in Vietnam with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Pet Products industry in Vietnam, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Pet Products
This is the aggregation of cat litter, healthcare, dietary supplements and other pet products.
See All of Our DefinitionsThis report originates from Passport, our Pet Products research and analysis database.
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