Philippines Body Care Market 2024

Description

The body care in Philippines market size is projected to grow by USD 238.1 million from 2024 to 2029, registering a CAGR of 7.4 percent, according to the latest market data. The Philippines body care market is fueled by the country’s rapid economic development and the subsequent rise in disposable incomes. As consumers become more aware of personal hygiene and skincare, there is a growing demand for body care products that cater to specific needs, such as sun protection and moisturization, which are particularly relevant in the country’s tropical climate. Additionally, the increasing influence of social media and beauty influencers is shaping consumer preferences, driving the adoption of both local and international brands. The expansion of modern retail infrastructure and e-commerce platforms is also playing a crucial role in making a wider range of body care products accessible to the broader population.

This report presents a detailed overview of the Philippines body care industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product, pricing, and distribution channel. This detailed analysis supports the identification of growth opportunities within the body care industry.

Market Segmentation

The body care market in Philippines is structured as follows:
Product: firming body care, general purpose
Pricing: mass, premium
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, department stores, health and beauty stores, direct selling, e-commerce, others

The Philippines body care market is segmented on the basis of product, pricing, and distribution channel. Based on product, the body care market in Philippines is categorized into firming body care, and general purpose. On the basis of pricing, the body care market in Philippines has been segmented into mass, and premium. By distribution channel, the body care market in Philippines has been segmented into convenience stores, supermarkets and hypermarkets, small grocery stores, department stores, health and beauty stores, direct selling, e-commerce, and others.

Competitive Landscape

The Philippines body care market is highly competitive. The leading players in the body care market include Beiersdorf AG, BEVi Beauty Elements Ventures Inc., Cosmetique Asia Corporation, Do Day Dream Public Company Limited, Galderma S.A., Intelligent Skin Care Inc., Kenvue Inc., Natura & Co, Unilever PLC, United Laboratories Inc. (ULSSI), Wipro Limited.

This report provides a thorough assessment of the Philippines body care market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Philippines body care market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Philippines body care market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines body care market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewPhilippines body care market – product analysis
Philippines body care market – pricing analysis
Philippines body care market – distribution channel analysis
Key players and market share
– Beiersdorf AG
– BEVi Beauty Elements Ventures, Inc.
– Cosmetique Asia Corporation
– Do Day Dream Public Company Limited
– Galderma S.A.
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Philippines body care market 2019-2029
Chart Philippines body care market, net growth, 2019-2029
Chart Philippines body care market, growth rates, 2019-2029
Table Philippines body care market by product, 2019-2029
Chart Philippines body care market by product, CAGR historic and forecast, 2019-2029
Chart Philippines body care market by product, 2019-2029
Table Philippines body care market by pricing, 2019-2029
Chart Philippines body care market by pricing, CAGR historic and forecast, 2019-2029
Chart Philippines body care market by pricing, 2019-2029
Table Philippines body care market by distribution channel, 2019-2029
Chart Philippines body care market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Philippines body care market by distribution channel, 2019-2029
Table Philippines body care market share (%), by companies, 2019-2023
Chart Philippines body care market, by companies, 2023
Table Philippines body care market share (%), by brands, 2019-2023
Chart Philippines body care market, by brands, 2023
Table Philippines – population (millions) and forecast
Table Philippines – consumer price index (CPI) and forecast
Table Philippines – gross domestic product and forecast
Table Philippines body care market: spend as a proportion of GDP (%)
Table Philippines body care market: consumption per capita (population)