| Product Code: ETC12609889 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Philippines witnessed a significant increase in the import of Kojic acid in 2024, with top exporters being China, Germany, Mexico, India, and South Korea. The market concentration, as measured by HHI, rose from high to very high in just one year, indicating a more consolidated market. Despite a slight CAGR of 1.19% from 2020 to 2024, there was a notable decline in growth rate by -30.25% in 2024 compared to the previous year. These trends suggest a dynamic and competitive landscape for Kojic acid imports 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 Kojic Acid Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Kojic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Kojic Acid Market - Industry Life Cycle |
3.4 Philippines Kojic Acid Market - Porter's Five Forces |
3.5 Philippines Kojic Acid Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Philippines Kojic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Kojic Acid Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Philippines Kojic Acid Market Revenues & Volume Share, By Production Process, 2021 & 2031F |
3.9 Philippines Kojic Acid Market Revenues & Volume Share, By Purity Level, 2021 & 2031F |
4 Philippines Kojic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for skin lightening products in the Philippines |
4.2.2 Growing awareness about the benefits of Kojic acid in skincare |
4.2.3 Rise in disposable income leading to higher spending on personal care products |
4.3 Market Restraints |
4.3.1 Stringent regulations on the use of certain ingredients in skincare products |
4.3.2 Competition from alternative skin lightening ingredients in the market |
5 Philippines Kojic Acid Market Trends |
6 Philippines Kojic Acid Market, By Types |
6.1 Philippines Kojic Acid Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Philippines Kojic Acid Market Revenues & Volume, By Form, 2021 - 2031F |
6.1.3 Philippines Kojic Acid Market Revenues & Volume, By Powder, 2021 - 2031F |
6.1.4 Philippines Kojic Acid Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.1.5 Philippines Kojic Acid Market Revenues & Volume, By Cream, 2021 - 2031F |
6.1.6 Philippines Kojic Acid Market Revenues & Volume, By Gel, 2021 - 2031F |
6.1.7 Philippines Kojic Acid Market Revenues & Volume, By Serum, 2021 - 2031F |
6.2 Philippines Kojic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Kojic Acid Market Revenues & Volume, By Skin Whitening, 2021 - 2031F |
6.2.3 Philippines Kojic Acid Market Revenues & Volume, By Anti-Aging, 2021 - 2031F |
6.2.4 Philippines Kojic Acid Market Revenues & Volume, By Hyperpigmentation Treatment, 2021 - 2031F |
6.2.5 Philippines Kojic Acid Market Revenues & Volume, By Antibacterial Agent, 2021 - 2031F |
6.2.6 Philippines Kojic Acid Market Revenues & Volume, By Skin Moisturization, 2021 - 2031F |
6.3 Philippines Kojic Acid Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Kojic Acid Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.3.3 Philippines Kojic Acid Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.3.4 Philippines Kojic Acid Market Revenues & Volume, By Personal Care, 2021 - 2031F |
6.3.5 Philippines Kojic Acid Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.6 Philippines Kojic Acid Market Revenues & Volume, By Food & Beverages, 2021 - 2031F |
6.4 Philippines Kojic Acid Market, By Production Process |
6.4.1 Overview and Analysis |
6.4.2 Philippines Kojic Acid Market Revenues & Volume, By Fermentation, 2021 - 2031F |
6.4.3 Philippines Kojic Acid Market Revenues & Volume, By Chemical Synthesis, 2021 - 2031F |
6.4.4 Philippines Kojic Acid Market Revenues & Volume, By Biochemical Extraction, 2021 - 2031F |
6.4.5 Philippines Kojic Acid Market Revenues & Volume, By Microbial Fermentation, 2021 - 2031F |
6.4.6 Philippines Kojic Acid Market Revenues & Volume, By Lab-Scale Production, 2021 - 2031F |
6.5 Philippines Kojic Acid Market, By Purity Level |
6.5.1 Overview and Analysis |
6.5.2 Philippines Kojic Acid Market Revenues & Volume, By 98% Purity, 2021 - 2031F |
6.5.3 Philippines Kojic Acid Market Revenues & Volume, By 99% Purity, 2021 - 2031F |
6.5.4 Philippines Kojic Acid Market Revenues & Volume, By 100% Purity, 2021 - 2031F |
6.5.5 Philippines Kojic Acid Market Revenues & Volume, By Industrial Grade, 2021 - 2031F |
6.5.6 Philippines Kojic Acid Market Revenues & Volume, By Cosmetic Grade, 2021 - 2031F |
7 Philippines Kojic Acid Market Import-Export Trade Statistics |
7.1 Philippines Kojic Acid Market Export to Major Countries |
7.2 Philippines Kojic Acid Market Imports from Major Countries |
8 Philippines Kojic Acid Market Key Performance Indicators |
8.1 Number of new product launches containing Kojic acid |
8.2 Consumer awareness levels about Kojic acid and its benefits |
8.3 Growth in the skincare market segment specifically targeting skin lightening and brightening |
8.4 Number of skincare clinics and beauty centers offering Kojic acid treatments |
9 Philippines Kojic Acid Market - Opportunity Assessment |
9.1 Philippines Kojic Acid Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Philippines Kojic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Kojic Acid Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Philippines Kojic Acid Market Opportunity Assessment, By Production Process, 2021 & 2031F |
9.5 Philippines Kojic Acid Market Opportunity Assessment, By Purity Level, 2021 & 2031F |
10 Philippines Kojic Acid Market - Competitive Landscape |
10.1 Philippines Kojic Acid Market Revenue Share, By Companies, 2024 |
10.2 Philippines Kojic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |