Sanitary ware manufacturing industry in Vietnam 2021
The sanitary ware manufacturing industry in Vietnam has experienced significant development in recent years and this trend is expected to continue in 2021. There are a number of factors contributing to the industry's positive outlook. This:
Urbanization and Infrastructure Development
Vietnam is experiencing rapid urbanization, with an increasing number of people living in cities. This drives demand for housing and infrastructure development, including the construction of apartment buildings, commercial spaces, and public facilities. Therefore, there should be an increased demand for sanitary products such as toilets, wash basins, showers and faucets.
Increase available income
As the economy continues to grow, so does the disposable income of Vietnamese consumers. This leads to higher spending on home improvements, including the installation of modern sanitary ware and utility products. Consumers are increasingly concerned about hygiene and aesthetics, creating an increased demand for quality sanitary ware brands.
Initiation from the government
The Vietnamese government has implemented many programs to encourage infrastructure development and urban planning. This includes investing in water supply and sanitation systems, promoting the adoption of suitable sanitary ware products in both homes and public spaces.
Increase awareness of health and hygiene
The ongoing COVID-19 pandemic has raised awareness about health and hygiene. Consumers are more concerned about hygiene and cleanliness, creating increased demand for sanitary ware products that are easy to clean, hygienic and incorporate advanced technologies such as contactless features. .
Industry innovation and product diversification
Both domestic and international sanitary ware brands are introducing innovative products and designs to meet increasingly complex consumer preferences. This includes eco-friendly options, water-saving appliances and smart technologies that enhance comfort and efficiency.
