| Product Code: ETC11475361 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Philippines continues to rely on key camphor imports from India, USA, Spain, Metropolitan France, and the UK in 2024, demonstrating a consistent market trend. Despite high concentration levels, the industry shows strong growth with a Compound Annual Growth Rate (CAGR) of 7.04% from 2020 to 2024. The growth rate in 2024 alone surged by 27.3%, indicating a significant uptick in demand for camphor imports in the Philippines. This data suggests a positive outlook for the camphor market in the country, driven by continued partnerships with key exporting nations.

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 Camphor Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Camphor Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Camphor Market - Industry Life Cycle |
3.4 Philippines Camphor Market - Porter's Five Forces |
3.5 Philippines Camphor Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Camphor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Camphor Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Philippines Camphor Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 Philippines Camphor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural products in the personal care and pharmaceutical industries |
4.2.2 Increasing awareness about the therapeutic properties of camphor |
4.2.3 Rise in disposable income leading to higher spending on healthcare and wellness products |
4.3 Market Restraints |
4.3.1 Environmental concerns related to deforestation for camphor production |
4.3.2 Fluctuations in raw material prices impacting production costs |
4.3.3 Stringent regulations on camphor extraction and trade |
5 Philippines Camphor Market Trends |
6 Philippines Camphor Market, By Types |
6.1 Philippines Camphor Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Camphor Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Philippines Camphor Market Revenues & Volume, By Tablets, 2021 - 2031F |
6.1.4 Philippines Camphor Market Revenues & Volume, By Oil, 2021 - 2031F |
6.2 Philippines Camphor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Camphor Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.2.3 Philippines Camphor Market Revenues & Volume, By Religious Rituals, 2021 - 2031F |
6.3 Philippines Camphor Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Philippines Camphor Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.3 Philippines Camphor Market Revenues & Volume, By Households, 2021 - 2031F |
6.4 Philippines Camphor Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 Philippines Camphor Market Revenues & Volume, By Natural (Plant-Based), 2021 - 2031F |
6.4.3 Philippines Camphor Market Revenues & Volume, By Synthetic, 2021 - 2031F |
7 Philippines Camphor Market Import-Export Trade Statistics |
7.1 Philippines Camphor Market Export to Major Countries |
7.2 Philippines Camphor Market Imports from Major Countries |
8 Philippines Camphor Market Key Performance Indicators |
8.1 Percentage increase in the adoption of camphor in new product formulations |
8.2 Number of research studies published on the medicinal benefits of camphor |
8.3 Growth in the number of partnerships between camphor producers and end-user industries |
9 Philippines Camphor Market - Opportunity Assessment |
9.1 Philippines Camphor Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Camphor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Camphor Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Philippines Camphor Market Opportunity Assessment, By Source, 2021 & 2031F |
10 Philippines Camphor Market - Competitive Landscape |
10.1 Philippines Camphor Market Revenue Share, By Companies, 2024 |
10.2 Philippines Camphor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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