Product Code: ETC021529 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines make up products market is expected to grow at a CAGR of 4.9% during the forecast period 2025-2031. The increasing demand for beauty and wellness products, rising disposable income, growing trend of online shopping and changing consumer preferences are some of the factors driving growth in the market. Furthermore, increased participation of international brands in Filipino markets has helped boost sales for local producers as well as foreign players
There is an increasing demand for natural, organic and sustainable ingredients from consumers within the country due to their preference towards eco-friendly and cruelty free cosmetic formulations. This has led to an increase in supply by international companies such as L???Oreal Paris with their Botanicals range which caters exclusively to this segment. Additionally, the companies have been introducing innovative products that use advanced technologies such as HD makeup, airbrush techniques or automated machines that provide users with customized looks based on facial contours and features using artificial intelligence (AI). This helps them stay ahead in a highly competitive industry landscape while also providing customers with personalized experiences that go beyond traditional methods such as lipstick swatches or shades charts used previously by retailers when purchasing makeup items online or offline stores.
Rising wages combined with economic expansion have resulted into higher amounts being spent on luxury items including cosmetics over recent years amongst Filipino households especially those residing urban areas where majority population lives today. This contributes significantly toward overall growth prospects associated with make up product consumption domestically also resulting increases investments made by global entities operating within space too. Further, with greater focus being placed upon physical appearances , there has been continuous push develop new effective solutions meet needs various customers ranging from color palettes foundations powders etc making use modern technology improve user experience further while doing so consequently helping bring about more substantial revenues both domestic manufacturers multinational corporations alike.
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 Make up Products Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Make up Products Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Make up Products Market - Industry Life Cycle |
3.4 Philippines Make up Products Market - Porter's Five Forces |
3.5 Philippines Make up Products Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Philippines Make up Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Make up Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Make up Products Market Trends |
6 Philippines Make up Products Market, By Types |
6.1 Philippines Make up Products Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Make up Products Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Philippines Make up Products Market Revenues & Volume, By Foundation, 2021-2031F |
6.1.4 Philippines Make up Products Market Revenues & Volume, By Face Powder, 2021-2031F |
6.1.5 Philippines Make up Products Market Revenues & Volume, By Blush, 2021-2031F |
6.1.6 Philippines Make up Products Market Revenues & Volume, By Concealer, 2021-2031F |
6.1.7 Philippines Make up Products Market Revenues & Volume, By Bronzer, 2021-2031F |
6.1.8 Philippines Make up Products Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Make up Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Make up Products Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.3 Philippines Make up Products Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.4 Philippines Make up Products Market Revenues & Volume, By Pharmacies, 2021-2031F |
6.2.5 Philippines Make up Products Market Revenues & Volume, By Online Retailers, 2021-2031F |
6.2.6 Philippines Make up Products Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Make up Products Market Import-Export Trade Statistics |
7.1 Philippines Make up Products Market Export to Major Countries |
7.2 Philippines Make up Products Market Imports from Major Countries |
8 Philippines Make up Products Market Key Performance Indicators |
9 Philippines Make up Products Market - Opportunity Assessment |
9.1 Philippines Make up Products Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Philippines Make up Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Make up Products Market - Competitive Landscape |
10.1 Philippines Make up Products Market Revenue Share, By Companies, 2024 |
10.2 Philippines Make up Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |