Water Treatment Opportunities

Through our Joint Venture, Australia Freshwater Systems we are providing water treatment systems to the Vietnam market.  Looking for a particular solution? Or perhaps looking for help to promote and distribute your product in Vietnam?  Contact us for information on what products and services are available, what opportunities there are to distribute your product in Vietnam and any other enquiries.

The Water Treatment Market in Vietnam in 2024

Context

Some key points to remember:

  • Vietnam water treatment systems market is projected to exhibit a growth rate (CAGR) of 13.68% during 2024-2032. 
  • Population is approaching 100 million people.
  • Public infrastructure such as water treatment systems struggle to keep pace with rapid urbanization and development.


Our take on the Vietnam water market.

The Vietnamese water treatment systems market is poised for remarkable growth, with a projected Compound Annual Growth Rate (CAGR) of 13.68% during the period of 2024 to 2032. This optimistic outlook is underpinned by a combination of critical factors that underscore the sector's burgeoning potential. The expanding industrial sector stands as a pivotal driver, demanding more sophisticated and efficient water treatment solutions to meet its burgeoning needs. Coupled with rapid urbanization, there is an escalating demand for improved water quality for a growing urban population, further stressing the importance of advanced water treatment infrastructures.


Heightened awareness among the Vietnamese population about the risks of waterborne diseases has significantly shifted consumer behavior, leading to an increased demand for home water treatment systems. This awareness is part of a broader concern over rising inadequacies in existing water infrastructure, which struggles to keep pace with the country's growth and the resultant water quality challenges. Additionally, the looming challenges posed by climate change, including increased pollution and water scarcity, have made the need for effective water treatment solutions more critical than ever.


The ongoing research and development (R&D) efforts within the sector also play a crucial role in driving the market forward. Innovations in water treatment technologies, including more efficient filtration methods and sustainable practices. (UV and RO dominate the discussion at present).

For those new to the Vietnam market, the structure of the industry is less structured than many western markets but it works and creates opportunities for companies with good solutions and technology.  The public sector and donor led projects are effective in certain areas and to address some of the needs.  However, most Vietnamese consumers are looking for ways to improve their health and the quality of the water they drink, or bath in, is a big part of that.  Feel free to reach out to discuss things in more detail - if i get enough enquiries we may do some more indepth content on this topic.

The video shows some highlights of the recent VietWater event held over 3 days in Ho Chi Minh City.


 

Consumers

The Vietnamese water treatment market is an exciting place for businesses focusing on consumers who are increasingly concerned about their health and water quality. With cities growing fast and more people aware of the risks of dirty water, there's a big demand for products that can make water safe to drink at home or work. People are especially looking for solutions that fit well with their busy, urban lives, considering the existing water systems are not always reliable and climate change is making water issues worse.

To learn more just contact us. We are just a phone call away.

Growth Market

When it comes to getting the word out, events like VietWater and joining groups like the Vietnam Chamber of Commerce and Industry or the Australian Chamber of Commerce in Vietnam are golden opportunities. These spots are perfect for showing off new products, meeting the big names in the industry, and getting a feel for what's trending. They're also great for making contacts that can lead to partnerships or even help with getting into government projects. Getting involved here can really help a new brand stand out and build trust with potential customers and partners. We found this approach cost effective and time effective as a starting point.

We would be happy to help your company develop a strategy and get started today.

Help wanted

Diving into the Vietnamese market without knowing the ropes can be tricky. The rules and regulations, what local customers like, and how to get your products to them can be a lot to figure out. Plus, it's a crowded market, with lots of brands trying to catch the eye of the same customers. And, there's the whole thing about understanding how business is done in Vietnam, which can be pretty different from what you're used to. Without someone who knows the ins and outs, it's easy to get lost, making it super important to team up with someone who's got the experience and knows how to navigate these waters.

Experience matters.