| Product Code: ETC330689 | 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 saw a significant increase in laurel oil import shipments in 2024, with top exporters being the USA, India, Singapore, Germany, and Spain. The market remained highly concentrated, indicated by a high Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 47.71%, showcasing a rapidly expanding market. Furthermore, the growth rate from 2023 to 2024 surged by 65.2%, highlighting the continuing momentum in laurel oil imports for the Philippines.

The Philippines Laurel Oil market has witnessed a moderate CAGR of 7.8%. Laurel oil, known for its aromatic and therapeutic properties, has found its place in the wellness and aromatherapy sectors. The increasing consumer preference for natural and organic products has contributed to the growth of the laurel oil market.
The Philippines laurel oil market is experiencing growth due to the rising demand for natural and herbal products in the cosmetics and personal care industry. Laurel oil, derived from the leaves of the laurel tree, is known for its antimicrobial and antioxidant properties. As consumers shift towards wellness-oriented and chemical-free products, laurel oil is being incorporated into skincare and haircare formulations. This trend is a key driver behind the expansion of the laurel oil market.
The laurel oil market faces challenges related to sustainable harvesting practices and market awareness. Promoting ethical sourcing and educating consumers about the benefits of laurel oil are ongoing efforts.
The Philippines laurel oil market may have been affected by disruptions in manufacturing and supply chain operations caused by the pandemic. Demand for laurel oil products in industries such as cosmetics, aromatherapy, and pharmaceuticals may have decreased. As economic conditions improve and consumer preferences stabilize, the market is expected to recover.
Prominent players in the Philippines Laurel Oil Market are Wealtheon Group, Atlas Copco, and Reynaldos Laurusnobilis.
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 Laurel Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Laurel Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Laurel Oil Market - Industry Life Cycle |
3.4 Philippines Laurel Oil Market - Porter's Five Forces |
3.5 Philippines Laurel Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Laurel Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Laurel Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of laurel oil |
4.2.2 Growing demand for natural and organic skincare products |
4.2.3 Rise in disposable income leading to higher spending on premium beauty products |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Intense competition from other essential oils in the market |
5 Philippines Laurel Oil Market Trends |
6 Philippines Laurel Oil Market, By Types |
6.1 Philippines Laurel Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Laurel Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Laurel Oil Market Revenues & Volume, By Organic Laurel Oil, 2021-2031F |
6.1.4 Philippines Laurel Oil Market Revenues & Volume, By Conventional Laurel Oil, 2021-2031F |
6.2 Philippines Laurel Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Laurel Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Philippines Laurel Oil Market Revenues & Volume, By Personal Care and Cosmetics, 2021-2031F |
6.2.4 Philippines Laurel Oil Market Revenues & Volume, By Food Industry, 2021-2031F |
6.2.5 Philippines Laurel Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Laurel Oil Market Import-Export Trade Statistics |
7.1 Philippines Laurel Oil Market Export to Major Countries |
7.2 Philippines Laurel Oil Market Imports from Major Countries |
8 Philippines Laurel Oil Market Key Performance Indicators |
8.1 Number of new product launches containing laurel oil |
8.2 Consumer satisfaction rates with laurel oil-based products |
8.3 Growth in the number of retail outlets carrying laurel oil products |
9 Philippines Laurel Oil Market - Opportunity Assessment |
9.1 Philippines Laurel Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Laurel Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Laurel Oil Market - Competitive Landscape |
10.1 Philippines Laurel Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Laurel Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |