In 2021, the per capita expenditure of skincare in the Philippines amounted to about five U.S. dollars, indicating an increase from the 2016 figures. Consumer spending on skincare was forecast to reach over six U.S. dollars in 2026. The cosmetics market in the Philippines has been heavily dominated by American or Asian brands, however, local beauty brands have gradually penetrated the market.
Expenditure of skincare in the Philippines in 2016 and 2021, with a forecast for 2026
(in U.S. dollars)
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Premium Beauty Media. (August 29, 2022). Expenditure of skincare in the Philippines in 2016 and 2021, with a forecast for 2026 (in U.S. dollars) [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/1362576/philippines-per-capita-skincare-expenditure/
Premium Beauty Media. "Expenditure of skincare in the Philippines in 2016 and 2021, with a forecast for 2026 (in U.S. dollars)." Chart. August 29, 2022. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/1362576/philippines-per-capita-skincare-expenditure/
Premium Beauty Media. (2022). Expenditure of skincare in the Philippines in 2016 and 2021, with a forecast for 2026 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/1362576/philippines-per-capita-skincare-expenditure/
Premium Beauty Media. "Expenditure of Skincare in The Philippines in 2016 and 2021, with a Forecast for 2026 (in U.S. Dollars)." Statista, Statista Inc., 29 Aug 2022, https://www.statista.com/statistics/1362576/philippines-per-capita-skincare-expenditure/
Premium Beauty Media, Expenditure of skincare in the Philippines in 2016 and 2021, with a forecast for 2026 (in U.S. dollars) Statista, https://www.statista.com/statistics/1362576/philippines-per-capita-skincare-expenditure/ (last visited November 24, 2024)
Expenditure of skincare in the Philippines in 2016 and 2021, with a forecast for 2026 (in U.S. dollars) [Graph], Premium Beauty Media, August 29, 2022. [Online]. Available: https://www.statista.com/statistics/1362576/philippines-per-capita-skincare-expenditure/
