VIETBABY Hanoi 2024: Vietnam International Maternity, Baby & Kids Fair

VIETBABY Hanoi : Event Name
Category: Baby, Kids and Maternity
Event Date: 26 – 28 September, 2024
Frequency: Annual
Location: Hanoi International Centre of Exhibition (ICE) – 94 Tran Quoc Toan Tran Hung Dao Street Hoan Kiem District Hanoi 10000 Vietnam
Organizer: COEX VINA Company Limited – 8th Floor, PDD Building, No 162 Pasteur, Ben Nghe ward, District 1, Ho Chi Minh City, Vietnam 
Phone: +84-901-534-565
Email: minhkhue[at]coex.vn
Timings: 09:00 AM – 18:00 PM
Tickets: Visitor Registration Required – Click Here!

VIETBABY Hanoi 2024 – International Exhibition of Products and Services for Pregnant Mothers, Mothers and Children

VIETBABY Hanoi 2024:

International Exhibition of Products and Services for Pregnant Mothers, Mothers and Children is the leading trade exhibition in the mother and baby industry in Vietnam. The year 2023 marks the 10th year the Vietbaby exhibition is held. Vietbaby has been and will continue to be a bridge to help connect businesses, partners, and potential customers to meet and expand the market.

Highlights:

Why Vietnam?

Potential Market:

According to data from the General Statistics Office, an average of 1.56 million children are born each year in Vietnam, making it the country with the highest percentage of households with children in Southeast Asia. Therefore, the demand of parents for products for children is also gradually increasing, making Vietnam one the most potential market for the mother and baby industry.

Currently, putting baby safety first has made Vietnamese consumers spend more on foreign brands. Many free trade agreements have been signed, and tariff barriers have been reduced to help high-quality imported goods enter Vietnam with competitive and more reasonable prices, stimulating consumption. As a result, the revenue of the market of products and services for mothers and children in Vietnam can reach 7 USD billion with a growth rate of 30-40%.

Therefore, the potential for developing the mother and baby industry in general and educational products in particular is huge in Vietnam.

While global market growth in the consumer goods sector has stagnated, the mother and baby care sector has seen more steady growth over the past decade. According to Grand View Research, the global children’s products market size is expected to reach USD 16.78 billion by 2025, at a healthy CAGR of 5.5% during the forecast period.

Potential Mothers Of The Future

Parents always want the best for their children – and this is especially true for Millennials and Gen Z parents. For them, the “Quality over Quantity” approach is important and high-tech gadgets, organic foods and chemical-free mother and baby products are all worth it.

The mother and baby industry report from Nielsen IQ shows that, in developing markets like Vietnam, the demand for mother and baby care products is increasing in both quantity and quality. This stems from the fact that per capita income in Vietnam is growing well every year, leading to increased spending and living needs of
people.

In addition, for the mother and baby industry, consumers do not pay too much attention to price but instead pay more attention to product quality. In particular, the middle class in Vietnam is growing strongly, they are willing to invest more and more heavily in their children.

Golden Population Structure

Vietnam is still in the “Golden Population Structure” stage. With this feature, Vietnam is a potential market for businesses providing products and services related to mothers and children.

According to statistics, Vietnam is the country with the highest rate of households with children in Southeast Asia with about 12% of families with children under 1 year old and 20% between 1 and 2 years old. Estimates from Danso.org show that in 2023, an average of 3,887 children will be born every day. This has created a premise for demand in the mother and baby market to continue to grow in the near future.

Why Exhibit?

Exhibitors Profile: