| Product Code: ETC334469 | 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 |
In 2024, the Philippines experienced a surge in natural fragrance import shipments with top exporters including Singapore, Indonesia, USA, China, and Japan. The market remained highly concentrated, indicating strong competition among key players. With a notable Compound Annual Growth Rate (CAGR) of 10.11% from 2020 to 2024 and a growth rate of 13.14% in 2024, the industry shows promising expansion and consumer demand for natural fragrances. This trend highlights the importance of quality and innovation in meeting the evolving preferences of Filipino consumers.

Driven by a CAGR of approximately 3.6%, the Philippines natural fragrance market has gained traction as consumers gravitate towards organic and environmentally friendly products. The market includes a variety of natural fragrances sourced from botanicals and essential oils. The demand for unique and personalized scents, along with the appeal of natural ingredients, has propelled the growth of this market. This trend aligns with the broader global movement towards sustainable and nature-inspired products.
The Philippines natural fragrance market is influenced by the demand for natural and sustainable perfumes and fragrances. Natural fragrance ingredients are derived from botanical sources and are favored for their authenticity and eco-friendliness. The market growth is driven by consumer preferences for clean and non-toxic personal care products.
The Philippines Natural Fragrance Market could encounter challenges in sourcing rare and exotic natural ingredients while adhering to sustainable practices. Striking a balance between luxury and environmental responsibility is a significant test.
The decline in demand for perfumes and fragrances during the pandemic has affected the natural fragrance market. With consumers cutting down on discretionary spending, the market has faced challenges in terms of reduced demand.
Key players in the Philippines natural fragrance market include International Flavors & Fragrances Inc., Firmenich SA, and Givaudan SA.
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 Natural Fragrance Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Natural Fragrance Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Natural Fragrance Market - Industry Life Cycle |
3.4 Philippines Natural Fragrance Market - Porter's Five Forces |
3.5 Philippines Natural Fragrance Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
3.6 Philippines Natural Fragrance Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Philippines Natural Fragrance Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Natural Fragrance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and preference for natural and organic products |
4.2.2 Growth in demand for eco-friendly and sustainable products |
4.2.3 Rising disposable income and changing lifestyle trends in the Philippines |
4.3 Market Restraints |
4.3.1 High prices of natural fragrance products compared to synthetic alternatives |
4.3.2 Limited availability and access to raw materials for natural fragrances |
4.3.3 Lack of stringent regulations and standardization in the natural fragrance market in the Philippines |
5 Philippines Natural Fragrance Market Trends |
6 Philippines Natural Fragrance Market, By Types |
6.1 Philippines Natural Fragrance Market, By Ingredient |
6.1.1 Overview and Analysis |
6.1.2 Philippines Natural Fragrance Market Revenues & Volume, By Ingredient, 2021-2031F |
6.1.3 Philippines Natural Fragrance Market Revenues & Volume, By Essential Oils, 2021-2031F |
6.1.4 Philippines Natural Fragrance Market Revenues & Volume, By Natural Extracts, 2021-2031F |
6.2 Philippines Natural Fragrance Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Natural Fragrance Market Revenues & Volume, By Top note, 2021-2031F |
6.2.3 Philippines Natural Fragrance Market Revenues & Volume, By Middle Note, 2021-2031F |
6.2.4 Philippines Natural Fragrance Market Revenues & Volume, By Base Note, 2021-2031F |
6.3 Philippines Natural Fragrance Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Natural Fragrance Market Revenues & Volume, By Fine Fragrances, 2021-2031F |
6.3.3 Philippines Natural Fragrance Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.4 Philippines Natural Fragrance Market Revenues & Volume, By Household Care, 2021-2031F |
7 Philippines Natural Fragrance Market Import-Export Trade Statistics |
7.1 Philippines Natural Fragrance Market Export to Major Countries |
7.2 Philippines Natural Fragrance Market Imports from Major Countries |
8 Philippines Natural Fragrance Market Key Performance Indicators |
8.1 Number of new product launches in the natural fragrance market |
8.2 Percentage increase in the use of natural fragrance ingredients sourced locally |
8.3 Consumer satisfaction and repeat purchase rate for natural fragrance products |
8.4 Percentage growth in the number of retailers stocking natural fragrance products |
8.5 Increase in social media engagement and awareness related to natural fragrance products |
9 Philippines Natural Fragrance Market - Opportunity Assessment |
9.1 Philippines Natural Fragrance Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
9.2 Philippines Natural Fragrance Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Philippines Natural Fragrance Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Natural Fragrance Market - Competitive Landscape |
10.1 Philippines Natural Fragrance Market Revenue Share, By Companies, 2024 |
10.2 Philippines Natural Fragrance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |