| Product Code: ETC8840777 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Philippines` external analgesics import market saw significant growth in 2024, with top exporting countries being India, Singapore, Indonesia, Metropolitan France, and Japan. The market displayed high concentration levels indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 22.45%, with a notable growth spurt of 38.55% from 2023 to 2024. This showcases a thriving market for external analgesics in the Philippines, driven by imports from diverse countries contributing to the industry`s expansion.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines External Analgesics Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines External Analgesics Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines External Analgesics Market - Industry Life Cycle |
3.4 Philippines External Analgesics Market - Porter's Five Forces |
3.5 Philippines External Analgesics Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines External Analgesics Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines External Analgesics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic pain conditions in the Philippines |
4.2.2 Growing awareness among consumers about the benefits of external analgesics |
4.2.3 Rise in disposable income leading to higher spending on healthcare products |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for product approval and marketing |
4.3.2 Presence of substitute products like oral pain relievers |
4.3.3 Price sensitivity among consumers in a price-conscious market |
5 Philippines External Analgesics Market Trends |
6 Philippines External Analgesics Market, By Types |
6.1 Philippines External Analgesics Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines External Analgesics Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines External Analgesics Market Revenues & Volume, By Hot/Cold Products, 2021- 2031F |
6.1.4 Philippines External Analgesics Market Revenues & Volume, By Disposable, 2021- 2031F |
6.1.5 Philippines External Analgesics Market Revenues & Volume, By Non-Disposable, 2021- 2031F |
6.1.6 Philippines External Analgesics Market Revenues & Volume, By Kinesiology Tape, 2021- 2031F |
6.1.7 Philippines External Analgesics Market Revenues & Volume, By Heating Pads, 2021- 2031F |
6.1.8 Philippines External Analgesics Market Revenues & Volume, By TENS Devices, 2021- 2031F |
6.2 Philippines External Analgesics Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines External Analgesics Market Revenues & Volume, By Retail/Brick & Mortar, 2021- 2031F |
6.2.3 Philippines External Analgesics Market Revenues & Volume, By E-Commerce, 2021- 2031F |
6.2.4 Philippines External Analgesics Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines External Analgesics Market Import-Export Trade Statistics |
7.1 Philippines External Analgesics Market Export to Major Countries |
7.2 Philippines External Analgesics Market Imports from Major Countries |
8 Philippines External Analgesics Market Key Performance Indicators |
8.1 Number of pharmacies stocking external analgesics products |
8.2 Consumer awareness levels about external analgesics brands |
8.3 Frequency of doctor recommendations for external analgesics |
9 Philippines External Analgesics Market - Opportunity Assessment |
9.1 Philippines External Analgesics Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines External Analgesics Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines External Analgesics Market - Competitive Landscape |
10.1 Philippines External Analgesics Market Revenue Share, By Companies, 2024 |
10.2 Philippines External Analgesics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |