In 2025, the Vietnamese waterproof footwear market decreased by X% to $X for the first time since 2021, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2025, the growth of the market remained at a somewhat lower figure.
Waterproof Footwear Production in Vietnam
In value terms, waterproof footwear production rose remarkably to $X in 2025 estimated in export price. Overall, the total production indicated a notable expansion from 2012 to 2025: its value increased at an average annual rate of X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2025 figures, production decreased by X% against 2022 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Waterproof footwear production peaked at $X in 2022; however, from 2023 to 2025, production remained at a lower figure.
Waterproof Footwear Exports
Exports from Vietnam
Waterproof footwear exports from Vietnam surged to X pairs in 2025, with an increase of X% on the year before. Over the period under review, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X pairs in 2022; however, from 2023 to 2025, the exports remained at a lower figure.
In value terms, waterproof footwear exports surged to $X in 2025. Overall, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2022; however, from 2023 to 2025, the exports failed to regain momentum.
Exports by Country
The United States (X pairs), the UK (X pairs) and Japan (X pairs) were the main destinations of waterproof footwear exports from Vietnam, with a combined X% share of total exports. Malaysia, the Netherlands, South Korea, Germany, Canada and China lagged somewhat behind, together comprising a further X%.
From 2012 to 2025, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, the United States ($X), the UK ($X) and Japan ($X) were the largest markets for waterproof footwear exported from Vietnam worldwide, together accounting for X% of total exports. Germany, the Netherlands, South Korea, Canada, Malaysia and China lagged somewhat behind, together comprising a further X%.
In terms of the main countries of destination, Canada, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2025, the average waterproof footwear export price amounted to $X per pair, surging by X% against the previous year. In general, export price indicated notable growth from 2012 to 2025: its price increased at an average annual rate of X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2025 figures, waterproof footwear export price decreased by X% against 2022 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per pair in 2022; however, from 2023 to 2025, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2025, amid the top suppliers, the country with the highest price was Germany ($X per pair), while the average price for exports to Malaysia ($X per pair) was amongst the lowest.
From 2012 to 2025, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.
Waterproof Footwear Imports
Imports into Vietnam
In 2025, the amount of waterproof footwear imported into Vietnam amounted to X pairs, rising by X% against 2023 figures. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X pairs in 2018; however, from 2019 to 2025, imports failed to regain momentum.
In value terms, waterproof footwear imports stood at $X in 2025. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2025, imports stood at a somewhat lower figure.
Imports by Country
In 2025, China (X pairs) was the main waterproof footwear supplier to Vietnam, with a X% share of total imports. Moreover, waterproof footwear imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X pairs), more than tenfold.
From 2012 to 2025, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and South Korea (X% per year).
In value terms, China ($X) constituted the largest supplier of waterproof footwear to Vietnam, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports.
From 2012 to 2025, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and South Korea (X% per year).
Import Prices by Country
The average waterproof footwear import price stood at $X per pair in 2025, therefore, remained relatively stable against the previous year. In general, the import price, however, recorded a mild decline. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per pair in 2018; however, from 2019 to 2025, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2025, amid the top importers, the country with the highest price was Thailand ($X per pair), while the price for South Korea ($X per pair) was amongst the lowest.
From 2012 to 2025, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced a decline.
Frequently Asked Questions (FAQ) :
Brazil constituted the country with the largest volume of waterproof footwear consumption, comprising approx. 35% of total volume. Moreover, waterproof footwear consumption in Brazil exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was taken by the United States, with an 8.9% share.
The countries with the highest volumes of production in 2024 were Brazil, China and the United States, with a combined 63% share of global production.
In value terms, China constituted the largest supplier of waterproof footwear to Vietnam, comprising 89% of total imports. The second position in the ranking was held by Thailand, with a 7.9% share of total imports.
In value terms, the largest markets for waterproof footwear exported from Vietnam were the United States, the UK and Japan, with a combined 56% share of total exports. Germany, the Netherlands, South Korea, Canada, Malaysia and China lagged somewhat behind, together accounting for a further 26%.
The average waterproof footwear export price stood at $16 per pair in 2024, rising by 6.3% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2024: its price increased at an average annual rate of +3.4% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, waterproof footwear export price decreased by -4.0% against 2022 indices. The growth pace was the most rapid in 2019 when the average export price increased by 40%. Over the period under review, the average export prices attained the maximum at $16 per pair in 2022; however, from 2023 to 2024, the export prices stood at a somewhat lower figure.
In 2024, the average waterproof footwear import price amounted to $5.3 per pair, almost unchanged from the previous year. Over the period under review, the import price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 123%. Over the period under review, average import prices attained the maximum at $13 per pair in 2018; however, from 2019 to 2024, import prices stood at a somewhat lower figure.
This report provides a comprehensive view of the waterproof footwear industry in Vietnam, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the waterproof footwear landscape in Vietnam.
Domestic demand is shaped by both household and industrial usage, with trade flows linking local supply to imports and exports.
Pricing dynamics reflect unit values, freight costs, exchange rates, and regulatory shifts that affect sourcing decisions.
Supply depends on input availability and production efficiency, creating a distinct national cost curve.
Market concentration varies by segment, creating different competitive landscapes and entry barriers.
The 2035 outlook highlights where capacity investment and demand growth are most aligned within the country.
Report scope
The report combines market sizing with trade intelligence and price analytics for Vietnam. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.
Market size and growth in value and volume terms
Consumption structure by end-use segments
Production capacity, output, and cost dynamics
Trade flows, exporters, importers, and balances
Price benchmarks, unit values, and margin signals
Competitive context and market entry conditions
Product coverage
Prodcom 15201100 - Waterproof footwear, with uppers in rubber or plastics (excluding incorporating a protective metal toecap)
Country coverage
Vietnam
Country profile and benchmarks
This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for Vietnam. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.
Methodology
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
International trade data (exports, imports, and mirror statistics)
National production and consumption statistics
Company-level information from financial filings and public releases
Price series and unit value benchmarks
Analyst review, outlier checks, and time-series validation
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
Forecasts to 2035
The forecast horizon extends to 2035 and is based on a structured model that links waterproof footwear demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in Vietnam.
Historical baseline: 2012-2025
Forecast horizon: 2026-2035
Scenario-based sensitivity to income growth, substitution, and regulation
Capacity and investment outlook for major producing companies
Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Price analysis and trade dynamics
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
Price benchmarks by country and sub-region
Export and import unit value trends
Seasonality and calendar effects in trade flows
Price outlook to 2035 under baseline assumptions
Profiles of market participants
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
Business focus and production capabilities
Geographic reach and distribution networks
Cost structure and pricing strategy indicators
Compliance, certification, and sustainability context
How to use this report
Quantify domestic demand and identify the most attractive segments
Evaluate export opportunities and prioritize target destinations
Track price dynamics and protect margins
Benchmark performance against leading competitors
Build evidence-based forecasts for investment decisions
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of waterproof footwear dynamics in Vietnam.
FAQ
What is included in the waterproof footwear market in Vietnam?
The market size aggregates consumption and trade data, presented in both value and volume terms.
How are the forecasts to 2035 built?
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Does the report cover prices and margins?
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
Which benchmarks are included?
The report benchmarks market size, trade balance, prices, and per-capita indicators for Vietnam.
Can this report support market entry decisions?
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business