| Product Code: ETC327989 | 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 witnessed a significant shift in its herbal cosmetics import landscape in 2024, with top exporters being Thailand, South Korea, China, Malaysia, and Canada. The market displayed a notable increase in concentration levels from moderate to high in just one year. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-24 remained strong at 11.7%. This suggests a steady demand for herbal cosmetics in the Philippines market, with key players continuing to dominate the import scene.

The herbal cosmetics market in the Philippines has experienced stable growth as consumers gravitate toward natural and organic beauty products. The CAGR for this market is estimated to be approximately 8.2%.
Consumer inclination towards organic and natural beauty products, along with the belief that herbal cosmetics have fewer side effects, is a significant driver for this market. The desire for healthier and sustainable alternatives in the beauty industry is contributing to the growth of herbal cosmetics.
The Philippines Herbal Cosmetics Market faces challenges in terms of consumer skepticism regarding the effectiveness of herbal products. There might be concerns about standardization and regulatory issues surrounding herbal cosmetics, leading to a lack of trust among consumers. Additionally, competition from mainstream cosmetics brands and the need for consistent quality control in sourcing herbal ingredients pose hurdles to market growth.
Similar to the herb oil market, the herbal cosmetics market in the Philippines has been affected by the decline in demand for non-essential products during the pandemic. The reduced consumer spending on cosmetics and beauty products has impacted the market. The market is expected to recover as consumer confidence improves.
Key players in the Philippines Herbal Cosmetics Market include Himalaya Herbals, Forest Essentials, and Lotus Herbals.
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 Herbal Cosmetics Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Herbal Cosmetics Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Herbal Cosmetics Market - Industry Life Cycle |
3.4 Philippines Herbal Cosmetics Market - Porter's Five Forces |
3.5 Philippines Herbal Cosmetics Market Revenues & Volume Share, By Physical State, 2021 & 2031F |
3.6 Philippines Herbal Cosmetics Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Philippines Herbal Cosmetics Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Herbal Cosmetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of herbal cosmetics |
4.2.2 Growing demand for natural and organic beauty products |
4.2.3 Rise in disposable income leading to higher spending on personal care products |
4.3 Market Restraints |
4.3.1 Limited shelf space and visibility for herbal cosmetics compared to mainstream brands |
4.3.2 Challenges in maintaining product consistency and quality due to reliance on natural ingredients |
4.3.3 Competition from established international and local beauty brands offering herbal product lines |
5 Philippines Herbal Cosmetics Market Trends |
6 Philippines Herbal Cosmetics Market, By Types |
6.1 Philippines Herbal Cosmetics Market, By Physical State |
6.1.1 Overview and Analysis |
6.1.2 Philippines Herbal Cosmetics Market Revenues & Volume, By Physical State, 2021-2031F |
6.1.3 Philippines Herbal Cosmetics Market Revenues & Volume, By Solid, 2021-2031F |
6.1.4 Philippines Herbal Cosmetics Market Revenues & Volume, By Semi-solid, 2021-2031F |
6.1.5 Philippines Herbal Cosmetics Market Revenues & Volume, By Liquid, 2021-2031F |
6.2 Philippines Herbal Cosmetics Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Philippines Herbal Cosmetics Market Revenues & Volume, By Skin Care Product, 2021-2031F |
6.2.3 Philippines Herbal Cosmetics Market Revenues & Volume, By Hair Care Product, 2021-2031F |
6.2.4 Philippines Herbal Cosmetics Market Revenues & Volume, By Baby Care Product, 2021-2031F |
6.2.5 Philippines Herbal Cosmetics Market Revenues & Volume, By Oral Care Product, 2021-2031F |
6.2.6 Philippines Herbal Cosmetics Market Revenues & Volume, By Make-up Product, 2021-2031F |
6.3 Philippines Herbal Cosmetics Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Herbal Cosmetics Market Revenues & Volume, By Supermarket, 2021-2031F |
6.3.3 Philippines Herbal Cosmetics Market Revenues & Volume, By Pharmacy, 2021-2031F |
6.3.4 Philippines Herbal Cosmetics Market Revenues & Volume, By Departmental Store, 2021-2031F |
6.3.5 Philippines Herbal Cosmetics Market Revenues & Volume, By Beauty Spa/Salon, 2021-2031F |
6.3.6 Philippines Herbal Cosmetics Market Revenues & Volume, By Internet Retailing, 2021-2031F |
6.3.7 Philippines Herbal Cosmetics Market Revenues & Volume, By Specialty Store, 2021-2031F |
7 Philippines Herbal Cosmetics Market Import-Export Trade Statistics |
7.1 Philippines Herbal Cosmetics Market Export to Major Countries |
7.2 Philippines Herbal Cosmetics Market Imports from Major Countries |
8 Philippines Herbal Cosmetics Market Key Performance Indicators |
8.1 Consumer engagement and satisfaction with herbal cosmetics products |
8.2 Growth in distribution channels carrying herbal cosmetics |
8.3 Adoption rate of herbal cosmetics among different age groups and demographics |
9 Philippines Herbal Cosmetics Market - Opportunity Assessment |
9.1 Philippines Herbal Cosmetics Market Opportunity Assessment, By Physical State, 2021 & 2031F |
9.2 Philippines Herbal Cosmetics Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Philippines Herbal Cosmetics Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Herbal Cosmetics Market - Competitive Landscape |
10.1 Philippines Herbal Cosmetics Market Revenue Share, By Companies, 2024 |
10.2 Philippines Herbal Cosmetics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |