| Product Code: ETC325949 | Publication Date: Aug 2022 | Updated Date: Nov 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 fragrance oil import market continues to thrive, with top countries like Singapore, USA, Indonesia, China, and Thailand dominating the shipments in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 7.12%, reflecting sustained growth momentum. Moreover, the impressive growth rate of 7.94% from 2023 to 2024 suggests a promising outlook for the fragrance oil import market in the Philippines.

With a CAGR of around 3.9%, the Philippines fragrance oil market has shown notable growth. Fragrance oils are utilized in various personal care and home care products. The market`s expansion is driven by the increasing focus on grooming and the desire for pleasant and long-lasting scents.
The fragrance oil market is driven by changing consumer preferences for personal grooming and the use of scented products. The market`s growth is also supported by the expansion of the cosmetics and toiletries industry.
Regulatory compliance and changing consumer preferences challenge the Philippines Fragrance Oil Market. Stricter regulations regarding allergens and chemicals in fragrances require manufacturers to reformulate their products. Additionally, the trend towards natural and sustainable fragrances impacts traditional fragrance oil sales.
The fragrance oil market in the Philippines has been impacted by the COVID-19 pandemic as consumers are spending more time indoors and seeking a pleasant environment. This has led to increased demand for fragrance oils for home use.
Key players in the Philippines fragrance oil market include Unilever Philippines, L`Or?al Philippines, and Procter & Gamble - 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 Fragrance Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Fragrance Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Fragrance Oil Market - Industry Life Cycle |
3.4 Philippines Fragrance Oil Market - Porter's Five Forces |
3.5 Philippines Fragrance Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Fragrance Oil Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Philippines Fragrance Oil Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Philippines Fragrance Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer inclination towards personal grooming and hygiene products |
4.2.2 Increasing disposable income leading to higher spending on luxury and beauty products |
4.2.3 Rising demand for natural and organic fragrance oils in the market |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials affecting production costs |
4.3.2 Intense competition from established international fragrance oil brands |
4.3.3 Stringent regulations and certifications required for manufacturing and selling fragrance oils |
5 Philippines Fragrance Oil Market Trends |
6 Philippines Fragrance Oil Market, By Types |
6.1 Philippines Fragrance Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Fragrance Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Fragrance Oil Market Revenues & Volume, By Natural, 2021-2031F |
6.1.4 Philippines Fragrance Oil Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 Philippines Fragrance Oil Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Philippines Fragrance Oil Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.3 Philippines Fragrance Oil Market Revenues & Volume, By Personal Care Products, 2021-2031F |
6.2.4 Philippines Fragrance Oil Market Revenues & Volume, By Household Products, 2021-2031F |
6.2.5 Philippines Fragrance Oil Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Fragrance Oil Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Fragrance Oil Market Revenues & Volume, By Direct (B2B), 2021-2031F |
6.3.3 Philippines Fragrance Oil Market Revenues & Volume, By Indirect (B2C), 2021-2031F |
6.3.4 Philippines Fragrance Oil Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021-2031F |
6.3.5 Philippines Fragrance Oil Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.6 Philippines Fragrance Oil Market Revenues & Volume, By Modern Grocery Stores, 2021-2031F |
6.3.7 Philippines Fragrance Oil Market Revenues & Volume, By Online Stores, 2021-2031F |
7 Philippines Fragrance Oil Market Import-Export Trade Statistics |
7.1 Philippines Fragrance Oil Market Export to Major Countries |
7.2 Philippines Fragrance Oil Market Imports from Major Countries |
8 Philippines Fragrance Oil Market Key Performance Indicators |
8.1 Consumer engagement metrics on social media platforms (likes, shares, comments) |
8.2 Number of new product launches and innovations in the fragrance oil market |
8.3 Customer satisfaction rates and feedback on product quality and experience |
9 Philippines Fragrance Oil Market - Opportunity Assessment |
9.1 Philippines Fragrance Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Fragrance Oil Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Philippines Fragrance Oil Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Philippines Fragrance Oil Market - Competitive Landscape |
10.1 Philippines Fragrance Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Fragrance Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |