The mini-baby boom that was seen in the Philippines during 2021 and 2022 was one of the more interesting and unforeseen outcomes of the COVID-19 pandemic for the country’s population. With many young couples spending much of their time together in private during the period of social distancing that was in effect at the peak of the COVID-19 pandemic, in retrospect it was perhaps inevitable that higher numbers of pregnancies would be seen among the population of the Philippines, despite the adverse and uncertain economic situation that has defined the post-pandemic era.
Over the forecast period, it is expected that the slow but steady rise of e-commerce towards becoming a mainstream distribution channel for OTC consumer health products in the Philippines will continue to build. As mentioned above, this presents opportunities for category players, especially those active in categories in which there is a certain level of shame and embarrassment surrounding the usage of product due to taboos surrounding the conditions which products such as vaginal antifungals and haemorrhoid treatments are intended to treat.
As the global travel and tourism industry continues to recover from the negative impact of the travel restrictions that were imposed in response to the COVID-19 pandemic during the review period, there is potential for stronger growth in various categories of dermatologicals that are commonly used among domestic travellers and foreign visitors to the country. As a tropical country, the Philippines is well known for its often harsh and unrelenting sunshine, which can cause serious cases of sunburn for the uninitiated and for those who fail to take adequate steps to protect their skin from the sun’s harsh UV rays.
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Understand the latest market trends and future growth opportunities for the Dermatologicals industry in Philippines with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Dermatologicals industry in Philippines, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Dermatologicals
Includes topical standard and herbal/traditional medicated products used to alleviate symptoms or treat skin or hair ailments. Exclude any systemic (oral) options to treat skin conditions or diseases.
See All of Our DefinitionsThis report originates from Passport, our Dermatologicals research and analysis database.
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