Product Code: ETC351329 | 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 verbena essential oil market in the Philippines is currently estimated at USD 22 million and it is expected to grow at a CAGR of approximately 4. 2% during the forecast period. Factors driving its growth are increased consumer awareness about health benefits such as antioxidant properties, anti-inflammatory effects, and immune system enhancer effects offered by verbena essential oils. Also, increasing demand for natural beauty products containing verbena oils has been promoting its market growth globally as well as locally.
The verbena essential oil market in the Philippines is likely to grow due to increasing interest in aromatherapy, wellness, and natural remedies. The demand for essential oils with therapeutic properties, such as verbena, could rise as consumers seek holistic healthcare alternatives.
The verbena essential oil market, driven by its various applications in aromatherapy and skincare, confronts challenges such as maintaining quality standards, ensuring a sustainable supply of raw materials, and navigating the competitive landscape of essential oils.
While verbena essential oil holds potential in aromatherapy and skincare, fluctuations in essential oil production due to weather conditions and the need for meticulous cultivation practices can impact the reliability of supply.
The market for essential oils can involve various players, including local producers and distributors. Potential key players might include companies such as Human Nature and Giga Natural Products, which focus on natural and organic products.
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 Verbena Essential Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Verbena Essential Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Verbena Essential Oil Market - Industry Life Cycle |
3.4 Philippines Verbena Essential Oil Market - Porter's Five Forces |
3.5 Philippines Verbena Essential Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Verbena Essential Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Verbena Essential Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the benefits of using natural and organic products. |
4.2.2 Increasing demand for aromatherapy and natural skincare products. |
4.2.3 Rising popularity of essential oils for wellness and relaxation purposes. |
4.3 Market Restraints |
4.3.1 Limited availability of verbena essential oil due to geographical constraints and specific growing conditions. |
4.3.2 Price volatility of essential oils influenced by factors such as climate change and crop yields. |
5 Philippines Verbena Essential Oil Market Trends |
6 Philippines Verbena Essential Oil Market, By Types |
6.1 Philippines Verbena Essential Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Verbena Essential Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Verbena Essential Oil Market Revenues & Volume, By 10ml, 2021-2031F |
6.1.4 Philippines Verbena Essential Oil Market Revenues & Volume, By 30ml, 2021-2031F |
6.1.5 Philippines Verbena Essential Oil Market Revenues & Volume, By 100ml, 2021-2031F |
6.1.6 Philippines Verbena Essential Oil Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Verbena Essential Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Verbena Essential Oil Market Revenues & Volume, By Skin Care, 2021-2031F |
6.2.3 Philippines Verbena Essential Oil Market Revenues & Volume, By Hair Care, 2021-2031F |
6.2.4 Philippines Verbena Essential Oil Market Revenues & Volume, By Medical Use, 2021-2031F |
6.2.5 Philippines Verbena Essential Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Verbena Essential Oil Market Import-Export Trade Statistics |
7.1 Philippines Verbena Essential Oil Market Export to Major Countries |
7.2 Philippines Verbena Essential Oil Market Imports from Major Countries |
8 Philippines Verbena Essential Oil Market Key Performance Indicators |
8.1 Number of new product launches containing verbena essential oil. |
8.2 Consumer satisfaction ratings and reviews for products containing verbena essential oil. |
8.3 Growth in the number of spas, wellness centers, and aromatherapy clinics offering services using verbena essential oil. |
9 Philippines Verbena Essential Oil Market - Opportunity Assessment |
9.1 Philippines Verbena Essential Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Verbena Essential Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Verbena Essential Oil Market - Competitive Landscape |
10.1 Philippines Verbena Essential Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Verbena Essential Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |