Philippines Oud Extracts Market (2025-2031) | Competitive Landscape, Share, Growth, Segmentation, Companies, Industry, Value, Forecast, Trends, Analysis, Size & Revenue, Outlook

Name: Philippines Oud Extracts Market (2025-2031) | Competitive Landscape & Share
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Oud Extracts Market, Philippines Oud Extracts Market, Philippines Oud Extracts Market Revenues, Philippines Oud Extracts Market Share, Philippines Oud Extracts Market Size, Philippines Oud Extracts Market Outlook, Philippines Oud Extracts Market Report, Philippines Oud Extracts Market Competition, Philippines Oud Extracts Market Overview, Philippines Oud Extracts Market Trends, Philippines Oud Extracts Market Forecast

Market Forecast By Application (Cosmetics And Personal Care, Incense, Therapeutics, Others), By End Use Industry (Online Stores, Hypermarkets/Supermarkets, Specialized Drug Stores, Convenience Stores) And Competitive Landscape

Product Code: ETC8847743	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Dhaval Chaurasia	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Philippines Oud Extracts Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Philippines experienced a significant increase in import shipments of oud extracts in 2024, with top suppliers being China, India, USA, Spain, and the UK. The market showed a shift towards high concentration, reflecting a competitive landscape dominated by these key players. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate for the period 2020-2024 remained strong at 24.41%. This data suggests a robust demand for oud extracts in the Philippines market, with established and emerging suppliers vying for market share.

Philippines Oud Extracts Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Philippines Oud Extracts Market Overview

The oud extracts market in the Philippines is witnessing steady growth due to increasing demand for luxury perfumes, personal care products, and aromatherapy. Oud, known for its distinct and long-lasting fragrance, is highly valued in high-end fragrance formulations. Rising consumer interest in natural and exotic scents is fueling market expansion.

Drivers of the market

The oud extracts market in the Philippines is growing due to increasing demand for luxury fragrances and traditional aromatherapy products. Oud, known for its distinctive woody scent, is used in high-end perfumes, personal care products, and wellness applications. The rising popularity of natural and organic fragrances further boosts the demand for oud extracts in the local and international markets.

Challenges of the market

The oud extracts market in the Philippines faces high production costs due to the lengthy and labor-intensive extraction process. Limited availability of raw materials and strict regulations on agarwood harvesting also pose challenges. Additionally, the niche nature of the product makes it less accessible to the average consumer.

Investment opportunities in the Market

The rising demand for luxury perfumes and natural fragrances is fueling investments in the oud extracts market. Opportunities exist in expanding local production, developing high-end oud-based fragrances, and exporting to international markets.

Government Policy of the market

The regulation of oud extracts, commonly used in perfumes and luxury products, falls under trade and environmental policies. The government monitors the importation of raw materials, especially those sourced from endangered tree species, to prevent illegal harvesting. Policies support sustainable and ethical sourcing practices.

Key Highlights of the Report:

Philippines Oud Extracts Market Outlook
Market Size of Philippines Oud Extracts Market, 2024
Forecast of Philippines Oud Extracts Market, 2031
Historical Data and Forecast of Philippines Oud Extracts Revenues & Volume for the Period 2021- 2031
Philippines Oud Extracts Market Trend Evolution
Philippines Oud Extracts Market Drivers and Challenges
Philippines Oud Extracts Price Trends
Philippines Oud Extracts Porter's Five Forces
Philippines Oud Extracts Industry Life Cycle
Historical Data and Forecast of Philippines Oud Extracts Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Philippines Oud Extracts Market Revenues & Volume By Cosmetics And Personal Care for the Period 2021- 2031
Historical Data and Forecast of Philippines Oud Extracts Market Revenues & Volume By Incense for the Period 2021- 2031
Historical Data and Forecast of Philippines Oud Extracts Market Revenues & Volume By Therapeutics for the Period 2021- 2031
Historical Data and Forecast of Philippines Oud Extracts Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Philippines Oud Extracts Market Revenues & Volume By End Use Industry for the Period 2021- 2031
Historical Data and Forecast of Philippines Oud Extracts Market Revenues & Volume By Online Stores for the Period 2021- 2031
Historical Data and Forecast of Philippines Oud Extracts Market Revenues & Volume By Hypermarkets/Supermarkets for the Period 2021- 2031
Historical Data and Forecast of Philippines Oud Extracts Market Revenues & Volume By Specialized Drug Stores for the Period 2021- 2031
Historical Data and Forecast of Philippines Oud Extracts Market Revenues & Volume By Convenience Stores for the Period 2021- 2031
Philippines Oud Extracts Import Export Trade Statistics
Market Opportunity Assessment By Application
Market Opportunity Assessment By End Use Industry
Philippines Oud Extracts Top Companies Market Share
Philippines Oud Extracts Competitive Benchmarking By Technical and Operational Parameters
Philippines Oud Extracts Company Profiles
Philippines Oud Extracts Key Strategic Recommendations

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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 Oud Extracts Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Oud Extracts Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Oud Extracts Market - Industry Life Cycle

3.4 Philippines Oud Extracts Market - Porter's Five Forces

3.5 Philippines Oud Extracts Market Revenues & Volume Share, By Application, 2021 & 2031F

3.6 Philippines Oud Extracts Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F

4 Philippines Oud Extracts Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing consumer awareness about the benefits of oud extracts in personal care and fragrance products

4.2.2 Increasing disposable income levels in the Philippines, leading to higher spending on luxury goods including oud-based products

4.2.3 Rising demand for natural and organic ingredients in cosmetic and personal care products, driving the use of oud extracts

4.3 Market Restraints

4.3.1 High cost of oud extracts compared to synthetic fragrance ingredients, limiting affordability for some consumer segments

4.3.2 Limited availability of high-quality oud sources, leading to supply constraints for manufacturers

5 Philippines Oud Extracts Market Trends

6 Philippines Oud Extracts Market, By Types

6.1 Philippines Oud Extracts Market, By Application

6.1.1 Overview and Analysis

6.1.2 Philippines Oud Extracts Market Revenues & Volume, By Application, 2021- 2031F

6.1.3 Philippines Oud Extracts Market Revenues & Volume, By Cosmetics And Personal Care, 2021- 2031F

6.1.4 Philippines Oud Extracts Market Revenues & Volume, By Incense, 2021- 2031F

6.1.5 Philippines Oud Extracts Market Revenues & Volume, By Therapeutics, 2021- 2031F

6.1.6 Philippines Oud Extracts Market Revenues & Volume, By Others, 2021- 2031F

6.2 Philippines Oud Extracts Market, By End Use Industry

6.2.1 Overview and Analysis

6.2.2 Philippines Oud Extracts Market Revenues & Volume, By Online Stores, 2021- 2031F

6.2.3 Philippines Oud Extracts Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021- 2031F

6.2.4 Philippines Oud Extracts Market Revenues & Volume, By Specialized Drug Stores, 2021- 2031F

6.2.5 Philippines Oud Extracts Market Revenues & Volume, By Convenience Stores, 2021- 2031F

7 Philippines Oud Extracts Market Import-Export Trade Statistics

7.1 Philippines Oud Extracts Market Export to Major Countries

7.2 Philippines Oud Extracts Market Imports from Major Countries

8 Philippines Oud Extracts Market Key Performance Indicators

8.1 Number of new product launches containing oud extracts in the Philippines market

8.2 Consumer sentiment and awareness regarding oud extracts through surveys or focus groups

8.3 Growth in the number of retailers stocking oud extract products in the Philippines

9 Philippines Oud Extracts Market - Opportunity Assessment

9.1 Philippines Oud Extracts Market Opportunity Assessment, By Application, 2021 & 2031F

9.2 Philippines Oud Extracts Market Opportunity Assessment, By End Use Industry, 2021 & 2031F

10 Philippines Oud Extracts Market - Competitive Landscape

10.1 Philippines Oud Extracts Market Revenue Share, By Companies, 2024

10.2 Philippines Oud Extracts Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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