Philippines Beauty & Personal Care Market by Product Type (Skin Care, Hair Care, Color Cosmetics, Fragrances, Toiletries, and Others), Nature (Natural, Organic, and Synthetic), End User (Commercial and Household), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Store, B2B, and Online Stores) and Gender (Male And Female): Opportunity Analysis and Industry Forecast, 2019–2026
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A06128
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Pages: 136
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Apr
2020 |
1198 Views
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Author(s) :
Priya
, Roshan Deshmukh
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Tables: 61
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Charts: 48
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Formats*:
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COVID-19
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Request Now !The Philippines beauty & personal care market size 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 used for maintaining personal hygiene and enhancing one’s physical appearance. These products include sun care, skin care, hair care products, toiletries, and fragrances. They are easily accessible to end users through various distribution channels,such as supermarkets/hypermarket, online stores, and specialty stores in Philippines.
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The Philippines beauty & personal care market is segmented into product type, gender, end use, nature, and distribution channel. Depending on product type, the market is classified into skin care, hair care, color cosmetics, fragrances, toiletries, and others. By gender, it is bifurcated into male and female. Depending on nature, it is divided into natural, organic, and synthetic. On the basis of end use, the market is segregated into commercial and household. As per distribution channel, it is fragmented into supermarkets/hypermarkets, specialty stores, convenience store, B2B, and online stores.
On the basis of product type, the skin care segment accounted for the maximum share in the global Philippines beauty & personal care market in 2018. This is attributable to rise in influence of celebrities on young consumers in Philippines through social media. Moreover, increase in trend of using skin care products such as face masks, facial cleansers, and facial moisturizers among Filipinos, who are keen to maintain a healthy and youthful appearance, contributes toward the growth of the skin care segment.
Philippines Beauty & Personal Care Market
By Product Type
Skin Care segment dominates the Philippines market and is expected to retain its dominance throughout the forecast period.
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On the basis of nature, the synthetic segment was dominant, which accounted for more than half of the share in the Philippines beauty & personal care market in 2018 and is expected to continue this trend throughout the forecast period. This is attributed to easy availability of these products for its target customers at affordable prices. However, Upsurge in demand for natural beauty & personal care products is anticipated to boost the Philippines beauty & personal care market growth in the upcoming years. This has increased the for Philippines beauty & personal care market demand. Therefore, the beauty & personal care manufacturers have been strategizing on including natural plant-based ingredients in its production process.
Philippines Beauty & Personal Care Market
By Gender
Male segment is expected to grow at a highest CAGR of 5.3% during the forecast period.
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By end use, the household segment held a significant share in the global market in 2018. However, the commercial segment is expected to garner a considerable share. This is due to the rising social media and celebrityinfluence on Filipinos. This has witnessed the changes in hairstyle trends, and more inclination towardenhancing physical appearance to get celebrity looks. This, in turn, encourages consumers in the Philippines for preferring beauty parlors and hair salons services for getting a desired look.
Philippines Beauty & Personal Care Market
By Nature
Organic segment is expected to grow at a highest CAGR of 6.1% during the forecast period.
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Depending on gender, the female segment was dominant, which accounted for more than half of the share in the Philippines beauty & personal care market in 2018 and is expected to retain its dominance throughout the forecast period. This is attributed to the fact that women in the Philippines have been taking extra efforts on maintaining their looks and appearance. Thus, product such as skin care, color cosmetics, and hair color are witnessing increased popularity among women consumers in the Philippines.
Philippines Beauty & Personal Care Market
By End User
Commercial segment is expected to grow at a highest CAGR of 5.3% during the forecast period.
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Hypermarket/supermarket was the prominent distribution channel in 2018, and the segment garnered the maximum share in market. This is attributed to in the fact thatin hypermarket/supermarket, Filipino consumers have advantages of scanning beauty & personal care products of different types & brands and presence of store associates for helping the customers to choose the right product and provide product knowledge that boosts the growth of the segment during Philippines beauty & personal care market forecast. However, online stores segment is expected to register significant growth rate, as online platforms are becoming a popular medium for the purchase of beauty & personal care product among the Filipinos. This is attributed to time-saving feature and the facility of home delivery provided by these channels.
Philippines Beauty & Personal Care Market
By Distribution Channel
Online Stores segment is expected to grow at a highest CAGR of 6.4% during the forecast period.
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The players in the market have adopted new product launch as their key developmental strategy to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in the Philippines beauty & personal care market analysis include L’Oréal, Shiseido Company Limited, Coty Inc., Estée Lauder Companies Inc., Unilever, Beiersdorf AG, Olay, Kao Corporation, Johnson & Johnson services, Inc. and LVMH.
Key Benefits For Stakeholders
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The report provides a quantitative analysis of the current Philippines beauty & personal care market trends, estimations, and dynamics of the market size from 2018 to 2026 to identify the prevailing Philippines beauty & personal care market opportunity
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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
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In-depth analysis, Philippines beauty & personal caremarket share and segmentation assists to determine the prevailing market opportunities
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The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the Philippines beauty & personal care industry players
Key Market Segments
By Product Type
- Skin Care
- Hair Care
- Color Cosmetics
- Fragrances
- Toiletries
- Others
By Nature
- Natural
- Synthetic
- Organic
By Gender
- Male
- Female
By End Use
- Commercial
- Household
By Distribution Channel
- B2B
- Hypermarket/Supermarket
- Specialty Stores
- Convenience Stores
- Online Stores
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key Benefits for Stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary Research
1.4.2.Secondary Research
1.4.3.Analyst Tools and Models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pocket
3.3.Porter's five forces analysis
3.3.1.Bargaining power of suppliers
3.3.2.Bargaining power of buyers
3.3.3.Threat of substitution
3.3.4.Threat of new entrants
3.3.5.Intensity of competitive rivalry
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Young & rapidly growing population
3.4.1.2.Growth of local beauty brands
3.4.1.3.Increasing influence of social media
3.4.2.Restraint
3.4.2.1.Availability of counterfeit beauty products
3.4.3.Opportunities
3.4.3.1.Rapid growth of online platform
3.4.3.2.Consumer Inclination towards natural products
3.5.Value chain analysis
CHAPTER 4:PHILIPPINES BEAUTY & PERSONAL CARE MARKET, BY PRODUCT TYPE
4.1.Overview
4.1.1.Market size and forecast
4.2.Skin Care
4.2.1.Overview
4.2.2.Key market trends, growth factors, and opportunities
4.3.Hair Care
4.3.1.Overview
4.3.2.Key market trends, growth factors, and opportunities
4.4.Color Cosmetics
4.4.1.Overview
4.4.2.Key market trends, growth factors, and opportunities
4.5.Fragrances
4.5.1.Overview
4.5.2.Key market trends, growth factors, and opportunities
4.6.Toiletries
4.6.1.Overview
4.6.2.Key market trends, growth factors, and opportunities
4.7.Others
4.7.1.Overview
4.7.2.Key market trends, growth factors, and opportunities
CHAPTER 5:PHILIPPINES BEAUTY & PERSONAL CARE MARKET, BY GENDER
5.1.Overview
5.1.1.Market size and forecast
5.2.Male
5.2.1.Overview
5.2.2.Key market trends, growth factors, and opportunities
5.3.Female
5.3.1.Overview
5.3.2.Key market trends, growth factors, and opportunities
CHAPTER 6:PHILIPPINES BEAUTY & PERSONAL CARE MARKET, BY NATURE
6.1.Overview
6.1.1.Market size and forecast
6.2.Natural
6.2.1.Overview
6.2.2.Key market trends, growth factors, and opportunities
6.3.Synthetic
6.3.1.Overview
6.3.2.Key market trends, growth factors, and opportunities
6.4.Organic
6.4.1.Overview
6.4.2.Key market trends, growth factors, and opportunities
CHAPTER 7:PHILIPPINES BEAUTY & PERSONAL CARE MARKET , BY END USE
7.1.Overview
7.1.1.Market size and forecast
7.2.Commercial
7.2.1.Overview
7.2.2.Key market trends, growth factors, and opportunities
7.3.Household
7.3.1.Overview
7.3.2.Key market trends, growth factors, and opportunities
CHAPTER 8:PHILIPPINES BEAUTY & PERSONAL CARE MARKET, BY DISTRIBUTION CHANNEL
8.1.Overview
8.1.1.Market size and forecast
8.2.Supermarkets/Hypermarkets
8.2.1.Overview
8.2.2.Key market trends, growth factors, and opportunities
8.3.Specialty store
8.3.1.Overview
8.3.2.Key market trends, growth factors, and opportunities
8.4.Online stores
8.4.1.Overview
8.4.2.Key market trends, growth factors, and opportunities
8.5.B2B
8.5.1.Overview
8.5.2.Key market trends, growth factors, and opportunities
8.6.Convenience store
8.6.1.Overview
8.6.2.Key market trends, growth factors, and opportunities
CHAPTER 9:COMPETITIVE LANDSCAPE
9.1.Competitive Dashboard
9.2.Product Mapping
9.3.Competitive Heatmap
CHAPTER 10:COMPANY PROFILES
10.1.BEIERSDORF AG
10.1.1.Company overview
10.1.2.Key Executives
10.1.3.Company snapshot
10.1.4.Operating business segments
10.1.5.Product portfolio
10.1.6.R&D Expenditure
10.1.7.Business performance
10.2.COTY INC.
10.2.1.Company overview
10.2.2.Key Executives
10.2.3.Company snapshot
10.2.4.Operating business segments
10.2.5.Product portfolio
10.2.6.R&D Expenditure
10.2.7.Business performance
10.3.JOHNSON & JOHNSON SERVICES, INC. (J&J)
10.3.1.Company overview
10.3.2.Key Executives
10.3.3.Company snapshot
10.3.4.Operating business segments
10.3.5.Product portfolio
10.3.6.R&D Expenditure
10.3.7.Business performance
10.4.KAO CORPORATION
10.4.1.Company overview
10.4.2.Key Executives
10.4.3.Company snapshot
10.4.4.Operating business segments
10.4.5.Product portfolio
10.4.6.R&D Expenditure
10.4.7.Business performance
10.4.8.Key strategic moves and developments
10.5.L’ORÉAL SAS
10.5.1.Company overview
10.5.2.Key Executives
10.5.3.Company snapshot
10.5.4.Operating business segments
10.5.5.Product portfolio
10.5.6.Business performance
10.6.LVMH GROUP
10.6.1.Company overview
10.6.2.Key Executives
10.6.3.Operating business segments
10.6.4.Product portfolio
10.6.5.Business performance
10.7.OLAY (P&G)
10.7.1.Company overview
10.7.2.Key Executives
10.7.3.Company snapshot
10.7.4.Operating business segments
10.7.5.Product portfolio
10.7.6.R&D Expenditure
10.7.7.Business performance
10.8.SHISEIDO CO., LTD.
10.8.1.Company overview
10.8.2.Key Executives
10.8.3.Company snapshot
10.8.4.Product portfolio
10.8.5.Business performance
10.9.THE ESTÉE LAUDER COMPANIES INC.
10.9.1.Company overview
10.9.2.Key Executives
10.9.3.Company snapshot
10.9.4.Product portfolio
10.9.5.R&D Expenditure
10.9.6.Business performance
10.10.UNILEVER PLC
10.10.1.Company overview
10.10.2.Key Executives
10.10.3.Company snapshot
10.10.4.Operating business segments
10.10.5.Product portfolio
10.10.6.Business performance
LIST OF TABLES
TABLE 01.PHILIPPINES BEAUTY & PERSONAL CARE MARKET, BY PRODUCT TYPE, 2018–2026 ($MILLION)
TABLE 02.PHILIPPINES BEAUTY & PERSONAL CARE MARKET, BY GENDER 2018–2026 ($MILLION)
TABLE 03.PHILIPPINES BEAUTY & PERSONAL CARE MARKET, BY GENDER 2018–2026 ($MILLION)
TABLE 04.PHILIPPINES BEAUTY & PERSONAL CARE MARKET, BY END USE 2018–2026 ($MILLION)
TABLE 05.PHILIPPINES BEAUTY & PERSONAL CARE MARKET, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 06.BEIERSDORF AG: KEY EXECUTIVES
TABLE 07.BEIERSDORF AG: COMPANY SNAPSHOT
TABLE 08.BEIERSDORF AG: OPERATING SEGMENTS
TABLE 09.BEIERSDORF AG: PRODUCT PORTFOLIO
TABLE 10.BEIERSDORF AG: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 11.BEIERSDORF AG: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 12.BEIERSDORF AG: NET SALES, 2016–2018 ($MILLION)
TABLE 13.BEIERSDORF AG: NET SALES, 2016–2018 ($MILLION)
TABLE 14.COTY INC.: KEY EXECUTIVES
TABLE 15.COTY INC.: COMPANY SNAPSHOT
TABLE 16.COTY INC.: OPERATING SEGMENTS
TABLE 17.COTY INC.: PRODUCT PORTFOLIO
TABLE 18.COTY INC.: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 19.COTY INC.: NET SALES, 2016–2018 ($MILLION)
TABLE 20.JOHNSON & JOHNSON SERVICES, INC. (J&J): KEY EXECUTIVES
TABLE 21.JOHNSON & JOHNSON SERVICES, INC. (J&J): COMPANY SNAPSHOT
TABLE 22.JOHNSON & JOHNSON SERVICES, INC. (J&J): OPERATING SEGMENTS
TABLE 23.JOHNSON & JOHNSON SERVICES, INC. (J&J): PRODUCT PORTFOLIO
TABLE 24.JOHNSON & JOHNSON SERVICES, INC. (J&J): R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 25.JOHNSON & JOHNSON SERVICES, INC. (J&J): NET SALES, 2016–2018 ($MILLION)
TABLE 26.KAO CORPORATION : KEY EXECUTIVES
TABLE 27.KAO CORPORATION : COMPANY SNAPSHOT
TABLE 28.KAO CORPORATION : OPERATING SEGMENTS
TABLE 29.KAO CORPORATION : PRODUCT PORTFOLIO
TABLE 30.KAO CORPORATION : R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 31.KAO CORPORATION : NET SALES, 2017–2019 ($MILLION)
TABLE 32.L’ORÉAL: KEY EXECUTIVES
TABLE 33.L’ORÉAL: COMPANY SNAPSHOT
TABLE 34.L’ORÉAL: OPERATING SEGMENTS
TABLE 35.L’ORÉAL: PRODUCT PORTFOLIO
TABLE 36.L’ORÉAL: NET SALES, 2016–2018 ($MILLION)
TABLE 37.LVMH: KEY EXECUTIVES
TABLE 38.LVMH: COMPANY SNAPSHOT
TABLE 39.LVMH: OPERATING SEGMENTS
TABLE 40.LVMH :PRODUCT PORTFOLIO
TABLE 41.LVMH: NET SALES, 2016–2018 ($MILLION)
TABLE 42.OLAY (P&G): KEY EXECUTIVES
TABLE 43.OLAY (P&G): COMPANY SNAPSHOT
TABLE 44.OLAY (P&G): OPERATING SEGMENTS
TABLE 45.OLAY (P&G): PRODUCT PORTFOLIO
TABLE 46.OLAY (P&G): R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 47.OLAY (P&G): NET SALES, 2016–2018 ($MILLION)
TABLE 48.SHISEIDO CO., LTD.: KEY EXECUTIVES
TABLE 49.SHISEIDO CO., LTD.: COMPANY SNAPSHOT
TABLE 50.SHISEIDO CO., LTD.: PRODUCT PORTFOLIO
TABLE 51.SHISEIDO CO., LTD.: NET SALES, 2016–2018 ($MILLION)
TABLE 52.THE ESTÉE LAUDER COMPANIES INC.: KEY EXECUTIVES
TABLE 53.THE ESTÉE LAUDER COMPANIES INC.: COMPANY SNAPSHOT
TABLE 54.THE ESTÉE LAUDER COMPANIES INC.: PRODUCT PORTFOLIO
TABLE 55.THE ESTÉE LAUDER COMPANIES INC.: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 56.THE ESTÉE LAUDER COMPANIES INC.: NET SALES, 2016–2018 ($MILLION)
TABLE 57.UNILEVER PLC: KEY EXECUTIVES
TABLE 58.UNILEVER PLC: COMPANY SNAPSHOT
TABLE 59.UNILEVER PLC: OPERATING SEGMENTS
TABLE 60.UNILEVER PLC: PRODUCT PORTFOLIO
TABLE 61.UNILEVER PLC: NET SALES, 2016–2018 ($MILLION)
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.PHILIPPINES BEAUTY & PERSONAL CARE MARKET SNAPSHOT
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE BARGAINING POWER OF BUYERS
FIGURE 06.LOW THREAT OF SUBSTITUTION
FIGURE 07.MODERATE THREAT OF NEW ENTRANTS
FIGURE 08.HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 09.PHILIPPINES BEAUTY & PERSONAL CARE MARKET SHARE, BY PRODUCT TYPE, 2018(%)
FIGURE 10.PHILIPPINES BEAUTY & PERSONAL CARE MARKET SHARE, BY GENDER, 2018(%)
FIGURE 11.PHILIPPINES BEAUTY & PERSONAL CARE MARKET SHARE, BY NATURE, 2018(%)
FIGURE 12.PHILIPPINES BEAUTY & PERSONAL CARE MARKET SHARE, BY END USE, 2018(%)
FIGURE 13.PHILIPPINES BEAUTY & PERSONAL CARE MARKET SHARE, BY DISTRIBUTION CHANNEL, 2018(%)
FIGURE 14.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 15.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 16.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 17.BEIERSDORF AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 18.BEIERSDORF AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 19.COTY INC.: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 20.COTY INC.: NET SALES, 2017–2019 ($MILLION)
FIGURE 21.COTY INC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 22.COTY INC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 23.JOHNSON & JOHNSON SERVICES, INC. (J&J): R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 24.JOHNSON & JOHNSON SERVICES, INC. (J&J): NET SALES, 2016–2018 ($MILLION)
FIGURE 25.JOHNSON & JOHNSON SERVICES, INC. (J&J): REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 26.JOHNSON & JOHNSON SERVICES, INC. (J&J): REVENUE SHARE BY REGION, 2018 (%)
FIGURE 27.KAO CORPORATION : R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 28.KAO CORPORATION : NET SALES, 2017–2019 ($MILLION)
FIGURE 29.KAO CORPORATION : REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 30.KAO CORPORATION : REVENUE SHARE BY REGION, 2019 (%)
FIGURE 31.L’ORÉAL: NET SALES, 2016–2018 ($MILLION)
FIGURE 32.L’ORÉAL: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 33.L’ORÉAL: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 34.LVMH: REVENUE, 2016–2018 ($MILLION)
FIGURE 35.LVMH: REVENUE SHARE, BY SEGMENT, 2018 (%)
FIGURE 36.LVMH: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 37.OLAY (P&G): R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 38.OLAY (P&G): NET SALES, 2016–2018 ($MILLION)
FIGURE 39.OLAY (P&G): REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 40.SHISEIDO CO., LTD.: NET SALES, 2016–2018 ($MILLION)
FIGURE 41.SHISEIDO CO., LTD.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 42.THE ESTÉE LAUDER COMPANIES INC.: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 43.THE ESTÉE LAUDER COMPANIES INC.: NET SALES, 2016–2018 ($MILLION)
FIGURE 44.THE ESTÉE LAUDER COMPANIES INC.: REVENUE SHARE BY PRODUCT CATEGORY, 2018 (%)
FIGURE 45.THE ESTÉE LAUDER COMPANIES INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 46.UNILEVER PLC: NET SALES, 2016–2018 ($MILLION)
FIGURE 47.UNILEVER PLC: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 48.UNILEVER PLC: REVENUE SHARE BY REGION, 2018 (%)
The key market players operating in the Philippines beauty & personal care market have adopted key developmental strategies such as product launch to fuel the growth of the market in terms of value sales. In addition, they have also emphasized on continuous innovations in their products to maintain a strong foothold in the market and to boost the demand for beauty & personal care products in the Philippines.
According to the key market players, Filipino consumers are approaching for natural and organic beauty & personal care products due to the rise in concern for harmful effects of synthetic ingredients used in beauty products. Therefore, increase in investments in R&D activities and continuous efforts in launching new & improved beauty & personal care products with more functionality that can meet the rise in demand for Filipino consumers are the key factors that boost the growth of the beauty & personal care market.
Moreover, men Filipino consumers are also increasingly showing their interest in experiencing beauty & personal care products in the Philippines to look good and fashionable. Moreover, the rise in trend of using skin care products such as acne treatments, face masks, facial cleansers, facial moisturizers, and other among the Filipinos consumers who are keen to maintain a healthy and youthful appearance contributes in driving the growth of the beauty & personal care market in the Philippines.
However, availability of counterfeit beauty & personal care products in the market is projected to hamper the growth of the Philippines beauty & personal care market during the forecast period.
Q1. At what CAGR, the Philippines beauty & personal care market will expand from 2019 - 2026?
A. The Philippines beauty & personal care market is projected register a CAGR of 4.8% from 2019 to 2026.
Q2. What will be the market value of Philippines beauty & personal care market by the end of 2026?
A. The Philippines beauty & personal care market is projected to reach $4,743.6 million by 2026
Q3. Which are the top impacting factors of Philippines beauty & personal care market growth?
A. Young & rapidly growing population, Growth of local beauty brands and Increasing influence of social media would be the top impact factor of Philippines beauty & personal care market growth
Q4. Who are the leading players in Philippines beauty & personal care market?
A. The key players profiled in the report include L’Oréal, Shiseido Company Limited, Coty Inc., Estée Lauder Companies Inc., Unilever, Beiersdorf AG, Olay, Kao Corporation, Johnson & Johnson services, Inc., and LVMH
Q5. What are the segments of Philippines beauty & personal care market?
A. 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.
Q6. What are the key growth strategies of Philippines beauty & personal care market players?
A. Product launch and distribution agreement would be key growth strategies of Philippines beauty & personal care market players
Q7. By product type, which segment would exhibit the highest CAGR from 2019 - 2026?
A. The color cosmetic segment is estimated to reach $977.2 million by 2026 at a CAGR of 6.3%.
Q8. By end user, which segment holds a dominant position in 2020 and is expected to maintain the lead during the forecast period?
A. The household segment was the highest contributor to the market and is expected to growth at a CAGR of 4.5% during the forecast period.
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