Philippines Perfume Market Growth Trends & Future Outlook 2030
Future Philippines Perfume Market: Key Dynamics, Size & Share Analysis
The Philippines Perfume Market size was valued at around USD 349 million in 2024 and is projected to reach USD 702 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 13.90% during the forecast period, i.e., 2025-30. The Philippines' Perfume Industry growth is due to the increasing inclination of consumers towards personal grooming & hygiene, changing lifestyle choices, growing influence of social media, expansion of e-commerce platforms, rise in disposable income, demand for natural & synthetic-free perfumes, growing cosmetic & skincare industry, and others.
Top Market Challenges Impacting the Philippines Perfume Market Growth
Reliance on the Import of Raw Material Hampers the Growth – The limited domestic production of the essential oils, aromatic compounds, alcohol bases, packaging components, fixatives, etc., has led the perfume industry of the Philippines to depend on other nations for the import of these raw materials.
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Understanding the Core Segments in the Philippines Perfume Market
Philippines Perfume Market Size, Share & Industry Trends Analysis-
By Product Type (Men’s Perfume, Women’s Perfume, Unisex Perfume), By Price Range (Mass, Premium), By Packaging (Glass Bottles, Plastic Bottles, Others), By Distribution Channel (Apparel Stores, Beauty & Personal Care Stores, Department Stores, Direct Selling, E-commerce, Hypermarkets & Supermarkets, Others), By End-User (Individual/Household, Commercial) and Others.
Who Dominates the Philippines Perfume Market Insights on Key Industry Players?
Companies are strengthening their presence in the Philippines Perfume market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- Bath & Body Works Inc.
- Clarins SA
- Cosmetique Asia Corporation
- Coty Inc.
- GOLDEN ABC Inc. (GABC)
- Groupe Berdoues Parfums et Cosmetiques
- Inter Parfums Inc.
- L’Oréal S.A.
- LVMH Moet Hennessy Louis Vuitton SA (LVMH)
- Natura & Co
- Personal Collection Direct Selling Inc.
- Revlon Inc.
- Suyen Corporation
- The Estee Lauder Companies Inc.
- Victoria’s Secret & Co.
- Others
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