Market Insights Consumer Luxury Goods Prestige Cosmetics & Fragrances

Prestige Skin Care - Philippines

Philippines

In the Philippines, the revenue in the Prestige Skin Care market is projected to reach €176.60m in 2024.
According to market analysis, the sector is anticipated to experience an annual growth rate of 3.82% (CAGR 2024-2028).
When compared globally, in Japan stands out as the top revenue generator, with an estimated €6,145m in 2024.
In terms of per capita figures, each person in the Philippines is expected to generate revenues of €1.48 in 2024.
The prestige skin care market in the Philippines is booming, with a growing demand for high-end products and an increasing number of luxury skincare brands entering the market.

Key regions: Singapore, South Korea, Japan, United States, Russia

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The Prestige Skin Care market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Prestige Skin Care industry.