| Product Code: ETC12143521 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Philippines face balm import market in 2024 continued to showcase high concentration with top exporting countries being Thailand, South Korea, Malaysia, Canada, and Indonesia. The market demonstrated a strong compound annual growth rate (CAGR) of 11.27% from 2020 to 2024, indicating sustained demand. However, there was a slight decline in growth rate from 2023 to 2024 at -5.4%, possibly reflecting market dynamics or external factors. Overall, the market presents opportunities for both domestic and international players to capitalize on the growing demand for face balm products in the Philippines.

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 Face Balm Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Face Balm Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Face Balm Market - Industry Life Cycle |
3.4 Philippines Face Balm Market - Porter's Five Forces |
3.5 Philippines Face Balm Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Face Balm Market Revenues & Volume Share, By Ingredients Type, 2021 & 2031F |
3.7 Philippines Face Balm Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Philippines Face Balm Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Face Balm Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Face Balm Market Trends |
6 Philippines Face Balm Market, By Types |
6.1 Philippines Face Balm Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Face Balm Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Philippines Face Balm Market Revenues & Volume, By Hydrating Face Balms, 2021 - 2031F |
6.1.4 Philippines Face Balm Market Revenues & Volume, By Anti-aging Face Balms, 2021 - 2031F |
6.1.5 Philippines Face Balm Market Revenues & Volume, By Repairing Face Balms, 2021 - 2031F |
6.1.6 Philippines Face Balm Market Revenues & Volume, By Organic Face Balms, 2021 - 2031F |
6.2 Philippines Face Balm Market, By Ingredients Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Face Balm Market Revenues & Volume, By Aloe Vera and Coconut Oil, 2021 - 2031F |
6.2.3 Philippines Face Balm Market Revenues & Volume, By Retinol and Vitamin C, 2021 - 2031F |
6.2.4 Philippines Face Balm Market Revenues & Volume, By Shea Butter and Jojoba Oil, 2021 - 2031F |
6.2.5 Philippines Face Balm Market Revenues & Volume, By Organic Essential Oils and Herbs, 2021 - 2031F |
6.3 Philippines Face Balm Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Philippines Face Balm Market Revenues & Volume, By Women and Teenagers, 2021 - 2031F |
6.3.3 Philippines Face Balm Market Revenues & Volume, By Mature Skin and Older Adults, 2021 - 2031F |
6.3.4 Philippines Face Balm Market Revenues & Volume, By Dry Skin and Sensitive Skin, 2021 - 2031F |
6.3.5 Philippines Face Balm Market Revenues & Volume, By Eco-conscious Consumers, 2021 - 2031F |
6.4 Philippines Face Balm Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Face Balm Market Revenues & Volume, By Skin Hydration, 2021 - 2031F |
6.4.3 Philippines Face Balm Market Revenues & Volume, By Anti-aging and Wrinkle Reduction, 2021 - 2031F |
6.4.4 Philippines Face Balm Market Revenues & Volume, By Skin Repair and Healing, 2021 - 2031F |
6.4.5 Philippines Face Balm Market Revenues & Volume, By Natural Skincare Solutions, 2021 - 2031F |
7 Philippines Face Balm Market Import-Export Trade Statistics |
7.1 Philippines Face Balm Market Export to Major Countries |
7.2 Philippines Face Balm Market Imports from Major Countries |
8 Philippines Face Balm Market Key Performance Indicators |
9 Philippines Face Balm Market - Opportunity Assessment |
9.1 Philippines Face Balm Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Face Balm Market Opportunity Assessment, By Ingredients Type, 2021 & 2031F |
9.3 Philippines Face Balm Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Philippines Face Balm Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Face Balm Market - Competitive Landscape |
10.1 Philippines Face Balm Market Revenue Share, By Companies, 2024 |
10.2 Philippines Face Balm 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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