Vietnam’s Bottled Water Industry and its Growth, Trends, Progress, Challenges, Opportunities and Upcoming Projects
Market Entry - Bottled Water Industry in Vietnam: Analysis of Growth, Trends and Progress (2017 - 2022)

PUBLISHED

DEC 2017

Market Entry - Bottled Water Industry in Vietnam: Analysis of Growth, Trends and Progress (2017 - 2022)

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About the Market

The packaged drinking water industry continues to maintain its momentum, driven by increased demand for goods, economic and technological developments. Major contributors to the market are the developed nations of North America and the developing nations of Asia, such as China. Transportation cost in Europe, Central Asia, the Middle East and North Africa were most promising in 2013. The GCC countries shall become a vast trade market in the future. Key factors in the growth of packaged drinking water industry are liberal packaged drinking water policies, removal of trade barriers, linkage to the WTO, economic growth, technology, investments, and rising transportation needs. Development in sectors like transport, infrastructure, fuel prices, innovation and regulation shall also impact the cost of trade. The market is restrained by high fuel cost, old technology, and expensive manpower. The major players in this industry include Nestle Waters, Hangzhou Sightseeing Tour, Danone, Coca-Cola Co. (Dasani, Ciel, Kinley) and Nongfu Spring Co. Ltd.

About the Geography

Vietnam is a communist state located in the South China Sea bordered by China, Myanmar, and Thailand. It is the largest recipient of FDI in Asia after China and India. Earlier it used to rely on traditional industries only, but in the past few years, the government has done very well to attract huge foreign investments into the country.

The country is rapidly developing into a manufacturing hub due to its stable economy, young and cheap workforce, and socio-political stability. The government is committed to liberalizing the economy and introduce reforms to create an atmosphere of the free market. Samsung and LG have partnered with the government to manufacture everything starting from smartphones to ships. Vietnam’s FDI inflows are now being directed towards real estate, tourism, and heavy industry. Major investors are South Korea, Malaysia, and the UK. The government has set up new SEZ and FTZ and introduced tax benefits to attract foreign investments. Vietnam must work on its financial reforms and curb corruption to reach its potential to beat its Asian counterparts in attracting foreign investment. Also, Vietnam is a member of ASEAN and WTO and is committed to fair trade.

 

Component Name

Value

GDP (USD billion)

194

GDP Annual Growth Rate

6.4

GDP Per Capita

1685

Unemployment Rate

2.06

Wages

217.2

Inflation Rate

3.34

Consumer Price Index (CPI)

103

Interest Rate

6.5

Balance of Trade (USD billion)

-0.1

Manufacturing PMI (Index Points)

(52.9

Ease of Doing Business

90

Competitiveness Rank

60

Corruption Rank

112

Consumer Confidence

145

Consumer Spending (USD billion)

127.74

Corporate Tax Rate

22

Sales Tax Rate

10

 

The Market Entry Series

Exploring global markets is now recognized as the shortest way to ensure high time to efficiency conversion, when trying to expand revenues past domestic markets, for firms both large and small. Our market entry series, priced suitably low contains the essentials of all the parameters (Refer: Table of Contents) you must be apprised of before you can have a well informed contemplation of a business opportunity in your choice of industry, in your choice of geography.

 

 

 

1. Introduction

                1.1 Scope of the Report

                1.2 Regional Analysis

                                1.2.1 PESTLE Analysis

                                1.2.2 Analysis of Ease of Doing Business

2. Market Dynamics

                2.1 Drivers

                2.2 Restraints

                2.3 Opportunities

3. Market Demand Analysis

                3.1 Socio-Economic Segmentation

                3.2 Demographic Strengths & Weaknesses

                3.3 Spending Patterns

                3.4 Target Market Identification

4. Market Size of Bottled Water Industry by Type (USD millions)

                4.1 Still water

                4.2 Carbonated water

                4.3 Flavored water

                4.4 Functional water

                4.5 Others

5. Market Entry

                5.1 Market Entry: The Strategy

                                5.1.1 Types of Entry Modes, by Market Entry Objectives

                                5.1.2 Competition Analysis

                                                5.1.2.1 Market Share

                                                5.1.2.2 Strategies Adopted, Recent Events 

                                5.1.3 Pricing Strategy

                                5.1.4 Supply Chain Analysis

                                                5.1.4.1 Trade (Import-Export Analysis)

                                                5.1.4.2 Distribution Network & Retail Analysis

                5.2 Market Entry: The Administration

                                5.2.1 How to Register a Company (Flowchart)

                                5.2.2 Registration Processes 

                                                5.2.2.1 Ministries Involved

                                                5.2.2.2 Criteria and Conditions

                                5.2.3 List of Forms & Documents

                                5.2.4 Product Control Guidelines specified by the Government

6. Sources

7. Disclaimer

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