| Product Code: ETC8834299 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines witnessed a significant rise in algae skincare product imports in 2024, with top exporters being Thailand, South Korea, China, USA, and Metropolitan France. The market shows a healthy competitive landscape as indicated by the low Herfindahl-Hirschman Index (HHI) concentration. With a strong compound annual growth rate (CAGR) of 14.66% from 2020 to 2024 and a notable growth rate of 12.87% from 2023 to 2024, the skincare industry in the Philippines is poised for continued expansion and innovation in the coming years.

Algae-based skincare products in the Philippines benefit from rising interest in natural and organic cosmetics. Algae extracts offer antioxidant, moisturizing, and anti-aging properties, making them popular ingredients in creams, masks, and serums. The market is driven by both local brands and imports targeting eco-conscious consumers.
Algae-infused skincare products are gaining popularity in the Philippines due to their natural antioxidant and moisturizing properties. Consumer trends favor clean beauty and eco-conscious brands, encouraging the development of innovative algae-based formulations. Marketing efforts highlight the environmental benefits and efficacy of algae ingredients.
Algae-based skincare products in the Philippines are limited by low consumer awareness and skepticism regarding their efficacy compared to traditional or synthetic ingredients. Moreover, limited local sourcing and the need to import high-quality extracts raise production costs. The segment also faces stiff competition from established botanical and marine-based skincare alternatives that dominate shelf space in beauty retail.
The natural skincare segment in the Philippines is expanding rapidly, with algae-based products gaining popularity for their antioxidant and moisturizing properties. Investments can focus on product development incorporating algae extracts, establishing branding that highlights natural and sustainable ingredients, and expanding distribution through e-commerce and specialty stores. Partnerships with cosmetic manufacturers and dermatological research centers can enhance credibility and innovation.
Skincare products containing algae are regulated under the FDAâs Center for Cosmetics. Manufacturers and importers must obtain cosmetic product notification and comply with ASEAN Cosmetics Directive standards. Government policies support organic and natural product innovations through DTI incentives and SME development programs.
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 Algae Skincare Products Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Algae Skincare Products Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Algae Skincare Products Market - Industry Life Cycle |
3.4 Philippines Algae Skincare Products Market - Porter's Five Forces |
3.5 Philippines Algae Skincare Products Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Algae Skincare Products Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Philippines Algae Skincare Products Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Philippines Algae Skincare Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the benefits of algae-based skincare products in the Philippines |
4.2.2 Increasing demand for natural and sustainable beauty products |
4.2.3 Rising disposable income and willingness to spend on premium skincare products |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality algae sources for skincare product formulation |
4.3.2 Competition from established brands offering conventional skincare products |
4.3.3 Challenges in effectively marketing and educating consumers about the benefits of algae skincare products |
5 Philippines Algae Skincare Products Market Trends |
6 Philippines Algae Skincare Products Market, By Types |
6.1 Philippines Algae Skincare Products Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Algae Skincare Products Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Algae Skincare Products Market Revenues & Volume, By Cleansers & Toners, 2021- 2031F |
6.1.4 Philippines Algae Skincare Products Market Revenues & Volume, By Moisturizers & Creams, 2021- 2031F |
6.1.5 Philippines Algae Skincare Products Market Revenues & Volume, By Face Serum & Oil, 2021- 2031F |
6.1.6 Philippines Algae Skincare Products Market Revenues & Volume, By Face Masks, 2021- 2031F |
6.1.7 Philippines Algae Skincare Products Market Revenues & Volume, By Eye & Lip Care Treatments, 2021- 2031F |
6.1.8 Philippines Algae Skincare Products Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Algae Skincare Products Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Philippines Algae Skincare Products Market Revenues & Volume, By Macroalgae, 2021- 2031F |
6.2.3 Philippines Algae Skincare Products Market Revenues & Volume, By Microalgae, 2021- 2031F |
6.3 Philippines Algae Skincare Products Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Algae Skincare Products Market Revenues & Volume, By Red Algae, 2021- 2031F |
6.3.3 Philippines Algae Skincare Products Market Revenues & Volume, By Brown Algae, 2021- 2031F |
6.3.4 Philippines Algae Skincare Products Market Revenues & Volume, By Green Algae, 2021- 2031F |
6.3.5 Philippines Algae Skincare Products Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Algae Skincare Products Market Import-Export Trade Statistics |
7.1 Philippines Algae Skincare Products Market Export to Major Countries |
7.2 Philippines Algae Skincare Products Market Imports from Major Countries |
8 Philippines Algae Skincare Products Market Key Performance Indicators |
8.1 Number of new product launches incorporating algae as a key ingredient |
8.2 Increase in the number of skincare brands partnering with local algae suppliers |
8.3 Growth in the number of skincare influencers and beauty experts recommending algae skincare products |
9 Philippines Algae Skincare Products Market - Opportunity Assessment |
9.1 Philippines Algae Skincare Products Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Algae Skincare Products Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Philippines Algae Skincare Products Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Philippines Algae Skincare Products Market - Competitive Landscape |
10.1 Philippines Algae Skincare Products Market Revenue Share, By Companies, 2024 |
10.2 Philippines Algae Skincare Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |