<\/p>\n
THE personal care and wonder industry is predicted to grow by as much as 10% this yr, driven by demand from the young population and wider access to brands through electronic commerce (e-commerce) platforms, the Chamber of Cosmetics Industry of the Philippines, Inc. (CCIP) said.<\/p>\n
\u201cThe forecast is that we are going to have the identical growth this yr of 9% to 10%,\u201d CCIP President Janina G. Tan told reporters on the sidelines of the Cosmobeaut\u00e9 Philippines 2026 trade show on Wednesday.<\/p>\n
In 2025, the industry posted 10.1% growth in retail sales to P320.85 million, she said.<\/p>\n
\u201cWhat’s more exciting is that the industry forecasts that this momentum of growth is predicted to proceed through 2026,\u201d Ms. Tan said in a speech.<\/p>\n
The industry counts producers of skincare, moisturizers, and color cosmetic products as its members.<\/p>\n
Sun care products like sunscreen are expected to be probably the most in-demand product after having posted sales growth of 16% last yr.<\/p>\n
Ms. Tan said the rise of social media and content creation continues to shape consumer preferences and boost product visibility.<\/p>\n
\u201cWith content creators and social media, we’re capable of bring our products to everyone\u2019s attention,\u201d she said.<\/p>\n
Ms. Tan noted that despite high prices in consequence of the Middle East conflict, demand for private care and wonder products stays strong.<\/p>\n
\u201cEspecially within the mass market, the demand remains to be there,\u201d she said.<\/p>\n
Ms. Tan noted that her company HairReve, which makes products that alleviate hair loss, posted strong sales throughout the Easter break, when the market typically slows down.<\/p>\n
\u201cThis yr, for some reason, our sales online surged. I feel individuals are bored, and so they\u2019re not traveling since the gas is pricey,\u201d in line with Ms. Tan, the founder and chief executive officer of HairReve.<\/p>\n
Interest can also be growing in local and responsibly sourced products, Ms. Tan added.<\/p>\n
The chamber has been working with the Department of Trade and Industry\u2019s Export Marketing Bureau to spice up exports, she said.<\/p>\n
The CCIP consists of 205 member firms, amongst them importers, distributors, brands, and raw material and packaging suppliers. \u2014\u00a0 <\/span>Beatriz Marie D. Cruz<\/b><\/p>\n<\/p><\/div>\n <\/p>\n","protected":false},"excerpt":{"rendered":" PHILSTAR FILE PHOTO-ENVATO THE personal care and wonder industry is predicted to grow by as much as 10% this yr, driven by demand from the young population and wider access to brands through electronic commerce (e-commerce) platforms, the Chamber of Cosmetics Industry of the Philippines, Inc. (CCIP) said. \u201cThe forecast is that we are going […]<\/p>\n","protected":false},"author":1,"featured_media":352389,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[319,538,646,1078,2927],"class_list":["post-352388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-beauty","tag-care","tag-growing","tag-industry","tag-personal"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/352388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=352388"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/352388\/revisions"}],"predecessor-version":[{"id":352391,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/352388\/revisions\/352391"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/352389"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=352388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=352388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=352388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}