Philippines: prestige fragrances market revenue 2019-2029

The revenue in the 'Prestige Fragrances' segment of the luxury goods market in the Philippines was forecast to continuously increase between 2024 and 2029 by in total 147 million U.S. dollars (+53.29 percent). After the fifth consecutive increasing year, the revenue is estimated to reach 422.89 million U.S. dollars and therefore a new peak in 2029.

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Revenue of the prestige fragrances market in the Philippines from 2019 to 2029 (in million U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Prestige Fragrances segment includes perfumes and eaux de toilette. Not included are deodorants or room scents. The overall market definition is aligned with the Fragrances segment in the Consumer Market Insights Beauty and Personal Care market, while here only the super- and ultra-premium price range is considered.

Additional Information:

The shown market data are based on an analysis of the biggest luxury companies in the world. A complete list of all companies and brands covered can be found in the methodology description. Sales by smaller companies or artisanal production unaffiliated with the companies covered are not included. All data are shown at retail value, which includes markups for retail distribution and sales taxes.

Coty’s Luxury division, LVMH fragrances, L’Óréal Luxe and Estée Lauder are the most important players in this market segment.

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