The modern-day document posted via Report Ocean, titled “Philippines Beauty and Personal Care Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
The Philippines Beauty & Personal care market was valued at $3.3 billion in 2018, and is projected to reach $4.7 billion by 2026, registering a CAGR of 4.8% from 2019 to 2026. Beauty & personal care products are grooming products that are used to enhance the appearance and get the desired look. Beauty & personal care has a wide range of products that includes skin care, sun care, hair care products, toiletries, perfumes, and others.
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Moreover, these products are easily available through distribution channels including online stores, supermarkets, specialty stores, and others in the Philippines. The continuous growth of online stores drives the growth of the beauty & personal care market in the Philippines. The increase in population in the Philippines, which accounted for 51% population of age 24 years or younger is driving the growth of the Philippines beauty & personal market. Moreover, the surge in influence of social media coupled with influence of strong celebrities among the Filipinos contribute toward the market growth. However, the availability of counterfeit beauty & personal care products in the Philippines is expected to restrict the growth of the market in the Philippines in terms of value sales during the forecast period.
Nevertheless, the rise in Filipinos consumer inclination toward natural beauty and personal care products along with the rapid growth of online platform in the Philippines is anticipated to offer immense opportunity to the market in terms of value sales during the forecast period. The Philippines beauty & personal care market analysis is segmented on the basis of product type, gender, nature, end use, and distribution channel. Depending on product type, the market is classified into skin care, hair care, color cosmetics, fragrances, toiletries, and others. By gender, the market is bifurcated into male and female. By nature, the market is divided into natural, organic, and synthetic. By end use, the market is bifurcated into commercial and household. By distribution channel, it is fragmented into supermarkets/hypermarkets, specialty stores, convenience store, B2B, and online stores.
Key benefits for stakeholders
– This report provides a quantitative analysis of the current trends, estimations, and dynamics of the Philippines Beauty & Personal care market from 2019 to 2026 to identify the prevailing market opportunities.
– The key countries in all the major regions are mapped based on their market share.
– Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
– In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
– Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
– The report includes the analysis of the regional as well as global market, key players, market segments, Gender areas, and growth strategies
The key players profiled in the report include L’Oreal, Shiseido Company Limited, Coty Inc., Estee Lauder Companies Inc., Unilever, Beiersdorf AG, Olay, Kao Corporation, Johnson & Johnson services, Inc., and LVMH
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KEY MARKET SEGMENTS
– By Product Type
o Skin Care
o Hair Care
o Color Cosmetics
o Fragrances
o Toiletries
o Others
– By Nature
o Natural
o Synthetic
o Organic
By Gender
o Male
o Female
– By End Use
o Commercial
o Household
– By Distribution Channel
o B2B
o Hypermarket/Supermarket
o Specialty Stores
o Convenience Stores
o Online Stores
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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