We have seen the boom of products that support skin health and skin aging across the world. The behavioral change has been massive as young consumers begin to invest in skincare at an early age. This demand from older consumers to a growing younger consumer base makes for promising industry growth both now and in the years to come.
According to Allied market research, the Philippines’ skin care products market size was valued at $1,205.6 million in 2017 and is projected to reach $2,018.6 million by 2027, registering a CAGR of 7.3% from 2021 to 2027. The Philippine skincare products industry has grown significantly in recent years, owing to an increase in disposable income and a move toward healthier lifestyles among Filipinos. The Philippines skin care products market report examines the market based on product type, demography, age group, and sales channel.
Filipino consumers are looking for safe and effective yet still deliver results instead of visiting spas and dermatologists. Some prefer simplified regimens and turn to products that can provide the best support for their skin health. Personal care is the largest segment of the beauty and personal care market in the Philippines.
A MUST-TRY LOCAL SKINCARE BRANDS
Human Nature
They offer budget-friendly organic skincare products that work well and are free from harmful chemicals. A certified Philippine-made that only uses ingredients grown locally.
Apotheke Science
A budget-friendly skincare product that gained thousands of positive reviews online. Apotheke Science set’s itself apart from the rest as it is crafted by molecular biologists and medical doctors. It’s a locally made organic product that heals skin, reverses aging, protects against cellular damage, erases blemishes, and restores radiance.
Bloom and Topiary
Thoughtfully-Made Skincare Solutions Crafted with Nature, this product has powerful yet gentle ingredients. The formulas are enriched with natural ingredients that aim to address Pinays’ simple skin issues.
Fresh Formula
Fresh Formula was established in 2019 with locally formulated products, all vegan and paraben-free. affordable and safe options that address Filipina skin needs.
https://www.facebook.com/fresh.formula
Ellana Mineral Cosmetics
Consumers are continuously on the lookout for new ways for brands and products to reinvent themselves. Ellana Mineral Cosmetics, one of the most popular local skincare brands at the moment, aimed to meet the demand by developing gentle but effective skincare, haircare, personal care, and enhanced beauty products that promote skin health.
https://www.instagram.com/ellanaminerals/