| Product Code: ETC8844601 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to see a significant influx of liquid makeup imports, primarily sourced from top exporting countries including China, Japan, Metropolitan France, South Korea, and the USA. Despite the high concentration of imports, the industry experienced a notable Compound Annual Growth Rate (CAGR) of 12.28% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -9.62%. This data highlights the dynamic nature of the liquid makeup market in the Philippines and the continued influence of key exporting nations in shaping industry trends.

The liquid makeup market in the Philippines is expanding due to increasing consumer interest in beauty and personal care products. Liquid foundations, lipsticks, and eyeliners are preferred for their ease of application and long-lasting effects. The rise of beauty influencers and social media marketing is further driving product demand. Consumers are also gravitating toward organic and cruelty-free makeup products, influencing market trends and brand innovations.
The growing beauty and personal care industry, along with increasing consumer preferences for liquid makeup products, is boosting the market. Liquid foundations, lipsticks, and eyeliners offer better application and blending, making them popular choices among consumers. The influence of beauty influencers and rising disposable incomes are further supporting market expansion.
The liquid makeup market faces challenges related to consumer preferences and competition from well-established brands. Many Filipino consumers prefer long-lasting makeup products, which often include powder-based formulations rather than liquid ones. Additionally, the market is impacted by concerns over product shelf life and ingredient stability in the countrys humid climate. Regulatory approvals for cosmetic formulations also add delays and costs for new product launches.
The cosmetics industry in the Philippines is witnessing a rise in demand for liquid-based makeup products such as foundations, concealers, and lip glosses. Investment in natural ingredients, long-wear formulations, and customizable beauty solutions presents profitable opportunities. Businesses that focus on clean beauty trends and skin-nourishing makeup products will gain a loyal consumer base.
The FDA enforces strict safety regulations on liquid makeup products, ensuring they meet cosmetic safety standards. Policies require manufacturers to disclose ingredient compositions and undergo quality testing. The government supports local cosmetics industries through grants and export promotion initiatives.
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 Liquid Makeup Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Liquid Makeup Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Liquid Makeup Market - Industry Life Cycle |
3.4 Philippines Liquid Makeup Market - Porter's Five Forces |
3.5 Philippines Liquid Makeup Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Liquid Makeup Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Liquid Makeup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in the Philippines, leading to higher spending on cosmetics and beauty products. |
4.2.2 Growing popularity of makeup tutorials and beauty influencers on social media platforms, driving demand for liquid makeup products. |
4.2.3 Expansion of beauty retail outlets and e-commerce platforms, providing easier access to a wide range of liquid makeup products. |
4.3 Market Restraints |
4.3.1 Price sensitivity among consumers in the Philippines, limiting the adoption of higher-priced liquid makeup products. |
4.3.2 Concerns regarding the quality and safety of ingredients used in liquid makeup products, leading to hesitant purchase behavior. |
4.3.3 Intense competition from local and international cosmetic brands, creating pricing pressures and market saturation. |
5 Philippines Liquid Makeup Market Trends |
6 Philippines Liquid Makeup Market, By Types |
6.1 Philippines Liquid Makeup Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Liquid Makeup Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Liquid Makeup Market Revenues & Volume, By Foundation, 2021- 2031F |
6.1.4 Philippines Liquid Makeup Market Revenues & Volume, By Eye Products, 2021- 2031F |
6.1.5 Philippines Liquid Makeup Market Revenues & Volume, By Concealer, 2021- 2031F |
6.1.6 Philippines Liquid Makeup Market Revenues & Volume, By Lip Products, 2021- 2031F |
6.1.7 Philippines Liquid Makeup Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Liquid Makeup Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Liquid Makeup Market Revenues & Volume, By Online, 2021- 2031F |
6.2.3 Philippines Liquid Makeup Market Revenues & Volume, By Offline, 2021- 2031F |
7 Philippines Liquid Makeup Market Import-Export Trade Statistics |
7.1 Philippines Liquid Makeup Market Export to Major Countries |
7.2 Philippines Liquid Makeup Market Imports from Major Countries |
8 Philippines Liquid Makeup Market Key Performance Indicators |
8.1 Social media engagement metrics such as likes, shares, and comments on posts related to liquid makeup products in the Philippines. |
8.2 Number of new product launches and innovations in the liquid makeup segment within the Philippine market. |
8.3 Consumer sentiment analysis through surveys or online reviews to gauge perceptions and preferences towards liquid makeup products in the Philippines. |
9 Philippines Liquid Makeup Market - Opportunity Assessment |
9.1 Philippines Liquid Makeup Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Liquid Makeup Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Liquid Makeup Market - Competitive Landscape |
10.1 Philippines Liquid Makeup Market Revenue Share, By Companies, 2024 |
10.2 Philippines Liquid Makeup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |