Product Code: ETC010609 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Philippines Makeup Tools market currently, in 2023, has witnessed an HHI of 6267, Which has decreased slightly as compared to the HHI of 6491 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Philippines Makeup Tools market is expected to witness a healthy growth during the forecast period (2021-2026). The growing awareness about makeup and beauty products amongst women, increasing purchasing power of consumers, and changing fashion trends are some of the key factors driving the Philippines makeup tools market. Moreover, rising demand for professional quality cosmetics due to increased salons and spas in urban areas as well as remote areas is further augmenting market growth.
Furthermore, players operating in this industry have adopted several strategies such as product launches and expansions that help them gain a competitive edge in the Philippines Makeup Tools Market. For instance, In April 2019, Hara Beauty held its grand opening at SM City Bacoor with more than 800 different beauty products from top international brands like Maybelline New York, Benefit Cosmetics , L???Or?al Paris , NYX Professional Make Up , Revlon Professional & many more . This initiative had made it easier for customers to purchase high-quality imported cosmetic brands without having to travel abroad or visit large cities
However, counterfeiting of luxury brand products is one major challenge observed among manufacturers which affects their profitability thereby restraining market growth. Furthermore COVID 19 pandemic has forced people across all age groups to be confined within their homes causing disruption in business operations worldwide including those related with retail sales resulting into decline in revenue generated by companies operating on retail format therefore hampering the overall sales of cosmetics including make up tools through physical stores .
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 Makeup Tools Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Makeup Tools Market Revenues & Volume, 2020 & 2030F |
3.3 Philippines Makeup Tools Market - Industry Life Cycle |
3.4 Philippines Makeup Tools Market - Porter's Five Forces |
3.5 Philippines Makeup Tools Market Revenues & Volume Share, By Product Types, 2020 & 2030F |
3.6 Philippines Makeup Tools Market Revenues & Volume Share, By Application , 2020 & 2030F |
4 Philippines Makeup Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Makeup Tools Market Trends |
6 Philippines Makeup Tools Market, By Types |
6.1 Philippines Makeup Tools Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Makeup Tools Market Revenues & Volume, By Product Types, 2020-2030F |
6.1.3 Philippines Makeup Tools Market Revenues & Volume, By Brushes, 2020-2030F |
6.1.4 Philippines Makeup Tools Market Revenues & Volume, By Eyelash Tools, 2020-2030F |
6.1.5 Philippines Makeup Tools Market Revenues & Volume, By Sponge, 2020-2030F |
6.1.6 Philippines Makeup Tools Market Revenues & Volume, By Other, 2020-2030F |
6.2 Philippines Makeup Tools Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Makeup Tools Market Revenues & Volume, By Online Sales, 2020-2030F |
6.2.3 Philippines Makeup Tools Market Revenues & Volume, By Offline Sales, 2020-2030F |
7 Philippines Makeup Tools Market Import-Export Trade Statistics |
7.1 Philippines Makeup Tools Market Export to Major Countries |
7.2 Philippines Makeup Tools Market Imports from Major Countries |
8 Philippines Makeup Tools Market Key Performance Indicators |
9 Philippines Makeup Tools Market - Opportunity Assessment |
9.1 Philippines Makeup Tools Market Opportunity Assessment, By Product Types, 2020 & 2030F |
9.2 Philippines Makeup Tools Market Opportunity Assessment, By Application , 2020 & 2030F |
10 Philippines Makeup Tools Market - Competitive Landscape |
10.1 Philippines Makeup Tools Market Revenue Share, By Companies, 2023 |
10.2 Philippines Makeup Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |