Product Code: ETC334409 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The nail polish market in the Philippines has demonstrated a moderate CAGR of around 3.6% over the past few years. The beauty and cosmetics industry`s growth, along with fashion trends, has influenced the demand for nail polish products. Consumers` desire to express themselves creatively through nail art and the availability of a wide range of colors and formulations have contributed to the market`s growth. As long as beauty remains a focal point, the nail polish market is likely to maintain its momentum.
The Philippines nail polish market is driven by changing beauty trends, personal grooming habits, and the influence of fashion. Nail polish is a popular cosmetic product used for nail decoration. The market growth is influenced by factors such as color trends, special occasions, and the desire for self-expression.
In the Philippines Nail Polish Market, increasing awareness about the use of non-toxic and cruelty-free ingredients presents a challenge. Adapting to changing consumer preferences while ensuring product performance is essential.
With consumers staying at home and events being canceled, the demand for nail polish products has decreased during the pandemic. The closure of retail stores and beauty salons has also contributed to the decline in sales in the Philippines nail polish market.
Key players in the Philippines nail polish market include The Est?e Lauder Companies Inc., Coty Inc., and Revlon, Inc.
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 Nail Polish Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Nail Polish Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Nail Polish Market - Industry Life Cycle |
3.4 Philippines Nail Polish Market - Porter's Five Forces |
3.5 Philippines Nail Polish Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Nail Polish Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Nail Polish Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income among the middle-class population in the Philippines, leading to higher spending on beauty products like nail polish. |
4.2.2 Growing trend of nail art and nail care, driving the demand for a variety of nail polish products. |
4.2.3 Rising influence of social media platforms and beauty influencers promoting nail polish trends and products in the Philippines. |
4.3 Market Restraints |
4.3.1 Competition from other beauty products like gel nail polishes and nail wraps that offer longer-lasting effects, impacting the traditional nail polish market. |
4.3.2 Increasing awareness about the harmful chemicals present in some nail polish formulations, leading to a shift towards natural and organic alternatives. |
5 Philippines Nail Polish Market Trends |
6 Philippines Nail Polish Market, By Types |
6.1 Philippines Nail Polish Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Nail Polish Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Philippines Nail Polish Market Revenues & Volume, By Regular Nail Polish, 2021-2031F |
6.1.4 Philippines Nail Polish Market Revenues & Volume, By Gel Nail Polish, 2021-2031F |
6.1.5 Philippines Nail Polish Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Nail Polish Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Nail Polish Market Revenues & Volume, By Hypermarkets & Supermarkets, 2021-2031F |
6.2.3 Philippines Nail Polish Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 Philippines Nail Polish Market Revenues & Volume, By E-commerce, 2021-2031F |
6.2.5 Philippines Nail Polish Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Nail Polish Market Import-Export Trade Statistics |
7.1 Philippines Nail Polish Market Export to Major Countries |
7.2 Philippines Nail Polish Market Imports from Major Countries |
8 Philippines Nail Polish Market Key Performance Indicators |
8.1 Social media engagement metrics such as likes, shares, and comments on nail polish-related posts and content. |
8.2 Number of nail salons offering nail polish services and their utilization rate. |
8.3 Trend analysis of popular nail polish colors, finishes, and designs in the Philippines. |
9 Philippines Nail Polish Market - Opportunity Assessment |
9.1 Philippines Nail Polish Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Nail Polish Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Nail Polish Market - Competitive Landscape |
10.1 Philippines Nail Polish Market Revenue Share, By Companies, 2024 |
10.2 Philippines Nail Polish Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |