Philippines: skin treatment revenue growth 2019-2029

The revenue change in the 'Skin Treatment' segment of the otc pharmaceuticals market in the Philippines was forecast to decrease between 2024 and 2029 by in total 1.4 percentage points. This overall decrease does not happen continuously, notably not in 2026 and 2027. The indicator is estimated to amount to 8.71 percent in 2029.

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Revenue growth of the skin treatment market in the Philippines from 2019 to 2029

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition: Skin Treatment Market
The Skin Treatment market comprises over-the-counter natural and synthetic medical skin treatment products like antibacterial preparations, acne treatment agents, antifungals. Preparations for skin treatment include medicines in the form of ointments, creams, gels, pills, capsules, washing lotions, peelings, pastes, solutions, fluids, suppositories and sprays for external and internal application. Not included are prescription medicines, preparations that are against the state law, are not explicit skin treatment drugs (e.g. painkillers) or primarily have cosmetic purposes. It includes both products which are exclusively sold in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.

Additional Information:
The Skin Treatment market comprises revenues, average revenue per capita. Sales channels show online and offline revenue. Revenues include VAT. The market only displays B2C revenues, hence B2B and B2G revenues are not included.
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