The prospects for promoting hats in Vietnam are broad. Vietnam has a hot climate, and there is a great demand for hats among people. At present, the hat consumption market in this area is active, and various styles of hats are very popular. In the future, with the continuous development of fashion concepts and the increase in outdoor activities, the demand for hats is expected to keep growing.

According to statistics from the General Department of Vietnam Customs, the export value of hats in 2024 was 309 million US dollars, an increase of 28.3%. The Vietnamese garment industry still enjoys competitive advantages in terms of labor costs, corporate income tax benefits, and personal income tax benefits, presenting huge opportunities for Vietnam hats suppliers.

According to Tendata Global Trade Data, the Following are The Top 10 Largest Buyers of Vietnam Hats Suppliers:

1. Vietnam：$122.59 million(97.65% )

2. Philippines：$1.72 million(1.37% )

3. India：$0.80 million(0.64% )

4. Bangladesh：$0.13 million(0.10% )

5. Ecuador：$0.12 million(0.10% )

6. Sri Lanka：$0.06 million(0.05% )

7. Namibia：$0.03 million(0.02% )

8. Kenya：$0.02 million(0.02% )

9. Ivory Coast：$0.01 million(0.01% )

10. Belarus：$0.01 million(0.01% )

The domestic market in Vietnam accounts for nearly 98%, indicating that this industrial chain is more oriented towards the demands of domestic industries such as clothing, sports, and labor protection. Among Southeast Asian countries, only the Philippines shows a certain market demand, while the demand in other countries is relatively weak.

According to Tendata, the Following Companies are the Largest Vietnam Hats Suppliers:

1. CONG TY TNHH UNIFAX: $27.07 million (21.56%)

As the largest hats supplier of the Vietnamese market, UNIFAX holds more than one fifth of the share, demonstrating strong production capacity and a stable international customer base.

2. HWA SOO TEXTILE CO LTD: $12.03 million (9.59%)

HWA SOO, with a background of South Korean capital, has strong competitiveness in Vietnam's hat exports and is good at medium and high-end orders.

3. T M VINA CO LTD: $5.10 million (4.06%)

With a stable production scale, it has entered the top five, mainly targeting the medium-sized order market, and has obvious growth potential.

4. CONG TY TNHH CCH TOP VN: $4.43 million (3.53%)

Although the market share of this enterprise is small, it has certain competitive advantages in the field of functional or customized hats.

5. CONG TY TNHH AVERY DENNISON RIS VIET NAM: $3.40 million (2.71%)

Backed by the internationally renowned brand Avery Dennison, its advantages lie in brand endorsement and supply chain management capabilities.

6. CONG TY TNHH IL KWANG VINA: $3.10 million (2.47%)

A Korean-funded enterprise, focusing on the export market, offers stable product quality and has long-term cooperation value.

7. YUPOONG VIETNAM CO LTD: $2.70 million (2.15%)

The Vietnamese branch of Yupoong, a globally renowned hat industry enterprise, mainly produces sports hats and fashionable hats, which enjoy high recognition in the international market.

8. CONG TY TNHH DAE YOUNG TEXTILE VIET NAM: $2.23 million (1.78%)

Entering the hat supply chain with a background in textiles, it has stable production capacity and strong price competitiveness.

9. CONG TY TNHH YP LONG AN: $2.22 million (1.77%)

It belongs to small and medium-sized enterprises. Although its share is limited, it is active and highly flexible in specific niche markets.

10. CONG TY TNHH CHENYES VIET NAM: $2.08 million (1.66%)

As a small supplier of Vietnamese hats, we mainly target specific customer groups and have the advantages of customization and cost.

In addition to leading enterprises, there are also a number of small and medium-sized suppliers distributed in the market, such as CCH TOP, Avery Dennison RIS, Il Kwang Vina, Yupoong Vietnam, etc. Their shares are mostly concentrated in the range of 2% - 4%. These Vietnamese hat suppliers usually have differentiated advantages in certain categories (such as functional hats, sports hats, and fashion products), which facilitates the formation of segmented market competition.

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