Philippines Fragrance Oil Market (2025-2031) Outlook | Companies, Trends, Revenue, Analysis, Share, Industry, Size, Forecast, Value & Growth

Market Forecast By Type (Natural, Synthetic), By End Use (Cosmetics, Personal Care Products, Household Products, Others), By Sales Channel (Direct (B2B), Indirect (B2C), Hypermarkets/Supermarkets, Specialty Stores, Modern Grocery Stores, Online Stores) And Competitive Landscape
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

Philippines Fragrance Oil Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Philippines Fragrance Oil Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Philippines Fragrance Oil Market Synopsis

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.

Drivers of the Market

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.

Challenges of the Market

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.

COVID-19 Impact on the Market

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 Market

Key players in the Philippines fragrance oil market include Unilever Philippines, L`Or?al Philippines, and Procter & Gamble - Philippines.

Key Highlights of the Report:

  • Philippines Fragrance Oil Market Outlook
  • Market Size of Philippines Fragrance Oil Market, 2024
  • Forecast of Philippines Fragrance Oil Market, 2031
  • Historical Data and Forecast of Philippines Fragrance Oil Revenues & Volume for the Period 2021-2031
  • Philippines Fragrance Oil Market Trend Evolution
  • Philippines Fragrance Oil Market Drivers and Challenges
  • Philippines Fragrance Oil Price Trends
  • Philippines Fragrance Oil Porter's Five Forces
  • Philippines Fragrance Oil Industry Life Cycle
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Natural for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Synthetic for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By End Use for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Cosmetics for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Personal Care Products for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Household Products for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Sales Channel for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Direct (B2B) for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Indirect (B2C) for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Hypermarkets/Supermarkets for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Specialty Stores for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Modern Grocery Stores for the Period 2021-2031
  • Historical Data and Forecast of Philippines Fragrance Oil Market Revenues & Volume By Online Stores for the Period 2021-2031
  • Philippines Fragrance Oil Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End Use
  • Market Opportunity Assessment By Sales Channel
  • Philippines Fragrance Oil Top Companies Market Share
  • Philippines Fragrance Oil Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Fragrance Oil Company Profiles
  • Philippines Fragrance Oil Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Fragrance Oil Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Fragrance Oil Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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

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