Product Code: ETC8836900 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Beyond edibles, infused products include beverages, topicals, and personal care items. Innovation in this segment is driven by consumer demand for convenience, wellness benefits, and lifestyle integration.
The broader Cannabis Infused Products Market in the Philippines encompasses not only edibles but also beverages, topicals, tinctures, and wellness items. These products cater to a range of consumer needs, from pain relief to relaxation and skincare. Market growth hinges on the establishment of clear legal and regulatory frameworks, as well as increasing public education about cannabis potential benefits.
The cannabis-infused products market in the Philippines faces challenges largely due to the uncertain legal framework surrounding cannabis. With cannabis being illegal for recreational use, businesses face a significant barrier when attempting to produce and distribute infused products. Additionally, there is a lack of public knowledge regarding the potential benefits of cannabis-infused goods, hindering consumer acceptance. The high cost of raw materials, as well as logistical issues in sourcing and distributing these products, further complicate market growth.
With the global rise in demand for cannabis-infused products, the Philippines market is also showing potential for growth. The expansion of cannabis-infused products beyond edibles into cosmetics, beverages, and wellness items is gaining popularity. This sector provides investors with opportunities to diversify their portfolios in a rapidly growing industry, especially with the evolving regulatory landscape that may pave the way for broader market acceptance.
Cannabis-infused products are currently illegal in the Philippines. The Dangerous Drugs Board (DDB) and the Philippine Drug Enforcement Agency (PDEA) strictly regulate cannabis possession, sale, and use. Legislative proposals for medical use are under review, but any commercialization remains banned pending legal reforms.
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 Cannabis Infused Products Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cannabis Infused Products Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cannabis Infused Products Market - Industry Life Cycle |
3.4 Philippines Cannabis Infused Products Market - Porter's Five Forces |
3.5 Philippines Cannabis Infused Products Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Cannabis Infused Products Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Philippines Cannabis Infused Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Philippines Cannabis Infused Products Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Cannabis Infused Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Cannabis Infused Products Market Trends |
6 Philippines Cannabis Infused Products Market, By Types |
6.1 Philippines Cannabis Infused Products Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cannabis Infused Products Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Cannabis Infused Products Market Revenues & Volume, By Skincare, 2021- 2031F |
6.1.4 Philippines Cannabis Infused Products Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.1.5 Philippines Cannabis Infused Products Market Revenues & Volume, By Haircare, 2021- 2031F |
6.1.6 Philippines Cannabis Infused Products Market Revenues & Volume, By Intimate Lubricants, 2021- 2031F |
6.1.7 Philippines Cannabis Infused Products Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.1.8 Philippines Cannabis Infused Products Market Revenues & Volume, By Gummies, 2021- 2031F |
6.1.9 Philippines Cannabis Infused Products Market Revenues & Volume, By Infused Beverages, 2021- 2031F |
6.1.10 Philippines Cannabis Infused Products Market Revenues & Volume, By Infused Beverages, 2021- 2031F |
6.2 Philippines Cannabis Infused Products Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cannabis Infused Products Market Revenues & Volume, By Hemp, 2021- 2031F |
6.2.3 Philippines Cannabis Infused Products Market Revenues & Volume, By Marijuana, 2021- 2031F |
6.3 Philippines Cannabis Infused Products Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Cannabis Infused Products Market Revenues & Volume, By B2B, 2021- 2031F |
6.3.3 Philippines Cannabis Infused Products Market Revenues & Volume, By B2C, 2021- 2031F |
6.4 Philippines Cannabis Infused Products Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Philippines Cannabis Infused Products Market Revenues & Volume, By Medical, 2021- 2031F |
6.4.3 Philippines Cannabis Infused Products Market Revenues & Volume, By Personal Use, 2021- 2031F |
6.4.4 Philippines Cannabis Infused Products Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.4.5 Philippines Cannabis Infused Products Market Revenues & Volume, By Wellness, 2021- 2031F |
7 Philippines Cannabis Infused Products Market Import-Export Trade Statistics |
7.1 Philippines Cannabis Infused Products Market Export to Major Countries |
7.2 Philippines Cannabis Infused Products Market Imports from Major Countries |
8 Philippines Cannabis Infused Products Market Key Performance Indicators |
9 Philippines Cannabis Infused Products Market - Opportunity Assessment |
9.1 Philippines Cannabis Infused Products Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Cannabis Infused Products Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Philippines Cannabis Infused Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Philippines Cannabis Infused Products Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Cannabis Infused Products Market - Competitive Landscape |
10.1 Philippines Cannabis Infused Products Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cannabis Infused Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |