Philippines External Analgesics Market (2025-2031) | Outlook, Forecast, Share, Value, Segmentation, Trends, Size & Revenue, Growth, Analysis, Industry, Companies, Competitive Landscape

Market Forecast By Product (Hot/Cold Products, Disposable, Non-Disposable, Kinesiology Tape, Heating Pads, TENS Devices, Red Light Therapy/ Infrared Therapy), By Distribution Channel (Retail/Brick & Mortar, E-Commerce, Others) And Competitive Landscape
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 Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Philippines External Analgesics Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Philippines External Analgesics Market Outlook
  • Market Size of Philippines External Analgesics Market, 2024
  • Forecast of Philippines External Analgesics Market, 2031
  • Historical Data and Forecast of Philippines External Analgesics Revenues & Volume for the Period 2021- 2031
  • Philippines External Analgesics Market Trend Evolution
  • Philippines External Analgesics Market Drivers and Challenges
  • Philippines External Analgesics Price Trends
  • Philippines External Analgesics Porter's Five Forces
  • Philippines External Analgesics Industry Life Cycle
  • Historical Data and Forecast of Philippines External Analgesics Market Revenues & Volume By Product for the Period 2021- 2031
  • Historical Data and Forecast of Philippines External Analgesics Market Revenues & Volume By Hot/Cold Products for the Period 2021- 2031
  • Historical Data and Forecast of Philippines External Analgesics Market Revenues & Volume By Disposable for the Period 2021- 2031
  • Historical Data and Forecast of Philippines External Analgesics Market Revenues & Volume By Non-Disposable for the Period 2021- 2031
  • Historical Data and Forecast of Philippines External Analgesics Market Revenues & Volume By Kinesiology Tape for the Period 2021- 2031
  • Historical Data and Forecast of Philippines External Analgesics Market Revenues & Volume By Heating Pads for the Period 2021- 2031
  • Historical Data and Forecast of Philippines External Analgesics Market Revenues & Volume By TENS Devices for the Period 2021- 2031
  • Historical Data and Forecast of Philippines External Analgesics Market Revenues & Volume By Red Light Therapy/ Infrared Therapy for the Period 2021- 2031
  • Historical Data and Forecast of Philippines External Analgesics Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
  • Historical Data and Forecast of Philippines External Analgesics Market Revenues & Volume By Retail/Brick & Mortar for the Period 2021- 2031
  • Historical Data and Forecast of Philippines External Analgesics Market Revenues & Volume By E-Commerce for the Period 2021- 2031
  • Historical Data and Forecast of Philippines External Analgesics Market Revenues & Volume By Others for the Period 2021- 2031
  • Philippines External Analgesics Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Distribution Channel
  • Philippines External Analgesics Top Companies Market Share
  • Philippines External Analgesics Competitive Benchmarking By Technical and Operational Parameters
  • Philippines External Analgesics Company Profiles
  • Philippines External Analgesics Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines External Analgesics Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines External Analgesics Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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

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