19
Feb

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Trendy Products to Source in Vietnam in 2024

Vietnam, known for its dynamic economy and skilled labor force, has become a go-to destination for sourcing a wide range of products, especially in recent years when many companies started to implement the China Plus One strategy.

In 2024, the country will continue to be the place to go for its quality manufacturing and innovative products, especially in sectors like textiles, furniture, home decor, and eco-friendly goods, offering insights into how businesses can benefit from sourcing these items from Vietnam in 2024.

#1 Textiles and Garments

Vietnam’s textile and garment industry is known for its craftsmanship, quality, and capacity to meet the demands of the global fashion market. People around the globe are now familiar with the term “Made in Vietnam” printed on the back of their shirts.

In 2024, this sector will continue to thrive, driven by advancements in sustainable materials and ethical manufacturing practices. The US remained the biggest apparels importer of Vietnam last year, followed by Japan and South Korea. With the objectives of opening new markets, diversifying products and customers, Vietnam expects to see a recovery of the industry this year.

#2 Furniture

Vietnam ranked among the world’s five leading wood product exporting countries. The furniture manufacturers have carved a niche in the global market with their exquisite designs and use of sustainable materials. The foundation of Vietnam’s furniture industry includes 5600 enterprises in the wood and furniture sector, 4500 of which are dedicated furniture manufacturers with 4000 being Vietnamese enterprises. 

In 2024, the focus is on furniture that combines aesthetic appeal with functionality and simplicity, catering to the evolving needs of modern consumers. Factories in Vietnam are fast to adapt to the global needs, making the country a one stop shop for all the furniture demands.

#3 Home Decor

The home decor industry in Vietnam is flourishing. Items such as handwoven textiles, ceramic ware, and lacquer art are in high demand, offering an opportunity for businesses to diversify their home decor collections with products that tell a story.

Among these, bamboo and rattan products stand out for their sustainability, versatility, and beauty. Vietnam’s bamboo and rattan items, ranging from furniture and lighting fixtures to decorative items and kitchen utensils, are crafted by workers in Mekong Delta regions or Northern parts of Vietnam, majority of them are female workers. These materials are not only eco-friendly but also durable, making them ideal for both indoor and outdoor use. 

#4 Eco-friendly and Sustainable Products

As the world moves towards sustainability, many countries in the world including EU banned single use plastics, Vietnamese manufacturers are leading the way in eco-friendly and sustainable products.

From bamboo kitchenware to Lepironia grass straws, the range of green products available is vast and growing. Sourcing these items from Vietnam not only helps businesses meet consumer demand for sustainable products, makes them stand out from their competitors, but also supports environmental conservation efforts.

#5 Craftsmanship-Driven Products

This sector is celebrated for its high-quality, intricately designed goods, including handcrafted jewelry, detailed embroidery, and a variety of artisanal creations.These products stand out due to their superior craftsmanship.

Businesses looking to source these craftsmanship-driven items from Vietnam gain access to distinctive products that elevate their brand’s uniqueness in a crowded marketplace.

Sourcing from Vietnam in 2024 presents a promising opportunity for businesses looking to enhance their product offerings with quality, sustainability, and innovation. Whether it’s textiles, furniture, home decor, eco-friendly goods, or craftmanship-driven products, Vietnam’s manufacturing sector is equipped to meet the diverse needs of the global market. 

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