Vietnam Liquid Soap Market Size, Share, Growth Drivers, Trends, Opportunities & Forecast 2025-2030

Vietnam liquid soap market is valued at USD 1.1 Bn, driven by hygiene awareness and demand for natural products, projected to grow at 12% CAGR with e-commerce expansion.

The Vietnam Liquid Soap Market is valued at USD 1.1 billion, based on a five-year historical analysis. Growth is primarily driven by increasing consumer awareness of hygiene and cleanliness, alongside rising demand for personal care and household cleaning products. The market has experienced a pronounced shift toward liquid soap due to its convenience, effectiveness, and the heightened focus on sanitation following recent health crises. The demand for natural and organic formulations is also accelerating, as consumers seek milder, chemical-free alternatives and innovative product formats such as foaming and moisturizing liquid soaps.

Key cities including Ho Chi Minh City and Hanoi remain the primary demand centers due to their large populations and advanced urbanization. These urban hubs have a higher density of retail outlets and a growing middle class, leading to increased adoption of liquid soap for both personal and household use. Urban lifestyles and evolving consumer preferences in these regions continue to fuel market expansion.

In 2023, the Vietnamese government strengthened regulatory oversight of the liquid soap industry through the “National Technical Regulation on Cosmetic Products, QCVN 12:2015/BYT” issued by the Ministry of Health. This regulation mandates strict compliance with health and safety standards for manufacturing, requiring all liquid soap products to meet defined hygiene and safety criteria before market entry. The regulation covers ingredient restrictions, labeling, and quality assurance, ensuring consumer protection and promoting the use of safe, effective cleaning products.

Vietnam Liquid Soap Market Segmentation

By Type:

The liquid soap market in Vietnam is segmented into Antibacterial Liquid Soap, Moisturizing Liquid Soap, Foaming Liquid Soap, Liquid Hand Soap, Liquid Body Wash, Dishwashing Liquid Soap, Baby Liquid Soap, Organic/Natural Liquid Soap, and Others. These categories reflect diverse consumer needs, with antibacterial and moisturizing variants gaining traction due to heightened hygiene awareness and skin care concerns. Foaming and organic/natural liquid soaps are increasingly popular among health-conscious consumers seeking gentle and eco-friendly options.

By End-User:

End-user segmentation comprises Residential, Commercial (Hotels, Restaurants, Offices), Industrial (Factories, Manufacturing), Healthcare (Hospitals, Clinics), and Government & Utilities. Residential users account for the largest share, reflecting the widespread adoption of liquid soap for personal and household hygiene. Commercial and healthcare segments are notable for their stringent hygiene requirements and bulk purchasing patterns, while industrial and government sectors focus on compliance and large-scale usage.

Vietnam Liquid Soap Market Competitive Landscape

The Vietnam Liquid Soap Market is characterized by a dynamic mix of regional and international players. Leading participants such as Unilever Vietnam, Procter & Gamble Vietnam, Colgate-Palmolive Vietnam, Kao Vietnam Co., Ltd., NEO Corporate Vietnam (D-nee), SC Johnson Vietnam, Kimberly-Clark Vietnam, Lix Detergent Joint Stock Company (Công ty C? ph?n B?t gi?t Lix), Net Detergent Joint Stock Company (Công ty C? ph?n B?t gi?t Net), Công ty TNHH M? Ph?m H??ng Vi?t, Công ty TNHH Th??ng M?i T?ng H?p Hòa Bình, Công ty TNHH S?n Xu?t Th??ng M?i H??ng Th?o, Công ty TNHH M? Ph?m H??ng Trà, Công ty TNHH Th??ng M?i D?ch V? H??ng Vi?t, Công ty TNHH S?n Xu?t Hóa M? Ph?m Vi?t Nam contribute to innovation, geographic expansion, and service delivery in this space.

Vietnam Liquid Soap Market Industry Analysis

Growth Drivers

Increasing Consumer Awareness of Hygiene:

The Vietnamese population is increasingly prioritizing hygiene, particularly post-COVID-19. In future, the health and hygiene sector is projected to grow by 12% annually, driven by heightened awareness. The Ministry of Health reported that 85% of urban consumers now regularly use liquid soap, reflecting a significant shift from traditional soap. This trend is supported by government campaigns promoting handwashing, which have reached over 30 million people nationwide, further boosting liquid soap consumption.

Rising Disposable Incomes:

Vietnam's GDP per capita is expected to reach approximately $4,800 in future, indicating a rise in disposable incomes. As consumers have more spending power, they are increasingly opting for premium liquid soap products. The World Bank noted that household consumption in Vietnam has increased by 8% annually, with personal care products, including liquid soaps, seeing a significant share of this growth. This trend is expected to continue as economic conditions improve.

Growth in E-commerce and Online Retail:

The e-commerce sector in Vietnam is projected to reach $25 billion in future, growing at a rate of 25% annually. This growth is facilitating easier access to liquid soap products, particularly among younger consumers who prefer online shopping. According to a recent report by Statista, 60% of consumers aged 18-34 have purchased personal care items online, indicating a shift in purchasing behavior that benefits liquid soap brands with strong online presence and marketing strategies.

Market Challenges

Intense Competition Among Local and International Brands:

The Vietnamese liquid soap market is characterized by fierce competition, with over 150 brands vying for market share. Local brands like Lifebuoy and international players such as Dove are engaged in aggressive marketing strategies. This competition has led to price wars, with some brands reducing prices by up to 15% to attract consumers. Such dynamics can erode profit margins and make it challenging for new entrants to establish themselves in the market.

Fluctuating Raw Material Prices:

The liquid soap industry is heavily reliant on raw materials such as palm oil and surfactants, which have seen price volatility. In future, palm oil prices are expected to fluctuate between $900 and $1,300 per ton due to global supply chain disruptions. This unpredictability can significantly impact production costs for manufacturers, forcing them to either absorb costs or pass them on to consumers, which could affect sales and market stability.

Vietnam Liquid Soap Market Future Outlook

The Vietnam liquid soap market is poised for continued growth, driven by increasing consumer awareness of hygiene and rising disposable incomes. As e-commerce expands, brands that effectively leverage online platforms will likely capture a larger market share. Additionally, the trend towards natural and eco-friendly products is expected to gain momentum, with consumers increasingly seeking sustainable options. Companies that adapt to these trends and invest in innovative marketing strategies will be well-positioned to thrive in this evolving landscape.

Market Opportunities

Introduction of Eco-Friendly Products:

There is a growing demand for eco-friendly liquid soaps, with the market for sustainable personal care products projected to reach $1.2 billion in future. Brands that focus on biodegradable ingredients and sustainable packaging can tap into this lucrative segment, appealing to environmentally conscious consumers and enhancing brand loyalty.

Expansion into Rural Markets:

With approximately 70% of Vietnam's population residing in rural areas, there is significant potential for liquid soap brands to expand their reach. As rural incomes rise, the demand for personal care products is expected to increase. Targeting these markets with tailored marketing strategies and affordable product lines can unlock new revenue streams for manufacturers.