| Product Code: ETC318749 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines Cinnamon Bark Oil market has demonstrated a strong CAGR of 4.9% due to the growing interest in natural and herbal products. Cinnamon bark oil is valued for its aromatic and therapeutic properties, driving demand in the cosmetics, aromatherapy, and personal care industries. The market`s impressive CAGR signifies sustained consumer interest and potential diversification.
The market for cinnamon bark oil in the Philippines has expanded due to its diverse applications in aromatherapy, cosmetics, and personal care products. The oil`s warm and soothing aroma has contributed to its adoption in the wellness and beauty sectors, driving its demand.
Challenges in the Cinnamon Bark Oil market include sourcing sustainable bark without depleting cinnamon tree populations. Developing efficient extraction methods to preserve the oil`s therapeutic properties is a technical challenge. Market competition from other essential oils and ensuring authenticity are ongoing concerns.
The Philippines cinnamon bark oil market has been moderately impacted by the COVID-19 pandemic. The decrease in demand from industries such as personal care, aromatherapy, and cosmetics has affected the market. However, as consumer awareness about the benefits of natural products increases and demand for essential oils rises, the market is expected to recover gradually.
Key players in the Philippines Cinnamon Bark Oil Market include: AOS Products Pvt. Ltd., Plant Therapy Essential Oils, Now Health Group, Inc., Edens Garden, Young Living Essential Oils, Mountain Rose Herbs, Inc., Biolandes, and Biolandes.
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 Cinnamon Bark Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cinnamon Bark Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cinnamon Bark Oil Market - Industry Life Cycle |
3.4 Philippines Cinnamon Bark Oil Market - Porter's Five Forces |
3.5 Philippines Cinnamon Bark Oil Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Cinnamon Bark Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Cinnamon Bark Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increased awareness about the health benefits of cinnamon bark oil |
4.2.2 Growing demand for natural and organic products in the cosmetics and personal care industry |
4.2.3 Rising use of cinnamon bark oil in aromatherapy and alternative medicine practices |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting production costs |
4.3.2 Lack of standardized quality control measures in the cinnamon bark oil industry |
4.3.3 Limited availability of skilled labor for processing and distillation of cinnamon bark oil |
5 Philippines Cinnamon Bark Oil Market Trends |
6 Philippines Cinnamon Bark Oil Market, By Types |
6.1 Philippines Cinnamon Bark Oil Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cinnamon Bark Oil Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Philippines Cinnamon Bark Oil Market Revenues & Volume, By Traditional Medicine, 2021-2031F |
6.1.4 Philippines Cinnamon Bark Oil Market Revenues & Volume, By Flavouring Additive, 2021-2031F |
6.1.5 Philippines Cinnamon Bark Oil Market Revenues & Volume, By Aromatic Condiment, 2021-2031F |
6.1.6 Philippines Cinnamon Bark Oil Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Cinnamon Bark Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cinnamon Bark Oil Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.3 Philippines Cinnamon Bark Oil Market Revenues & Volume, By Nutraceutical, 2021-2031F |
6.2.4 Philippines Cinnamon Bark Oil Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.5 Philippines Cinnamon Bark Oil Market Revenues & Volume, By Other, 2021-2031F |
7 Philippines Cinnamon Bark Oil Market Import-Export Trade Statistics |
7.1 Philippines Cinnamon Bark Oil Market Export to Major Countries |
7.2 Philippines Cinnamon Bark Oil Market Imports from Major Countries |
8 Philippines Cinnamon Bark Oil Market Key Performance Indicators |
8.1 Number of new product launches incorporating cinnamon bark oil |
8.2 Percentage increase in the use of cinnamon bark oil in cosmetic and personal care products |
8.3 Adoption rate of cinnamon bark oil in mainstream retail channels |
9 Philippines Cinnamon Bark Oil Market - Opportunity Assessment |
9.1 Philippines Cinnamon Bark Oil Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Cinnamon Bark Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Cinnamon Bark Oil Market - Competitive Landscape |
10.1 Philippines Cinnamon Bark Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cinnamon Bark Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |