| Product Code: ETC8851325 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines continues to see a steady increase in setting spray import shipments, with top exporting countries in 2024 being Thailand, South Korea, China, USA, and Metropolitan France. The market remains competitive with low concentration, as indicated by the Herfindahl-Hirschman Index (HHI). The industry has shown significant growth with a compound annual growth rate (CAGR) of 14.66% from 2020 to 2024, and a notable growth rate of 12.87% from 2023 to 2024. This data suggests a positive outlook for the setting spray market in the Philippines, with diverse sources of imports contributing to its expansion.

The setting spray market in the Philippines is expanding with the rising popularity of long-lasting makeup products. Demand is driven by the beauty industry and social media influence. However, competition from international brands and pricing factors affect market dynamics.
The beauty and cosmetics industry in the Philippines is fueling demand for setting sprays, which help extend makeup longevity. The market is benefiting from the rise of social media beauty trends, influencer marketing, and the growing preference for long-lasting, lightweight formulas. Brands are introducing setting sprays with skincare benefits to appeal to a wider audience.
The setting spray market encounters obstacles related to consumer awareness, high product costs, and competition from international brands. Many Filipino consumers are unfamiliar with setting sprays, leading to lower demand. Additionally, premium setting sprays are expensive, limiting their accessibility. International brands dominate the market, making it difficult for local manufacturers to compete.
The growing beauty and cosmetics industry in the Philippines is creating opportunities in the setting spray market. With an increasing number of consumers using makeup products, demand for long-lasting setting sprays is on the rise. Investors can explore opportunities in launching innovative, skin-friendly, and long-wear formulations, as well as expanding distribution through e-commerce and retail channels.
The cosmetics industry, including setting sprays, is regulated by the FDA to ensure product safety and quality. The Department of Trade and Industry (DTI) supports local manufacturers through grants and marketing assistance. Policies encourage the use of natural and organic ingredients, aligning with global sustainability trends.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Setting Spray Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Setting Spray Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Setting Spray Market - Industry Life Cycle |
3.4 Philippines Setting Spray Market - Porter's Five Forces |
3.5 Philippines Setting Spray Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Setting Spray Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.7 Philippines Setting Spray Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Setting Spray Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on makeup products and routines among Filipino consumers |
4.2.2 Growing popularity of long-lasting and sweat-proof makeup solutions |
4.2.3 Rising disposable income levels leading to higher spending on beauty and personal care products |
4.3 Market Restraints |
4.3.1 Competition from alternative makeup setting products such as loose powders and sprays |
4.3.2 Concerns regarding the ingredients and potential side effects of setting sprays |
4.3.3 Economic uncertainties impacting consumer spending behavior |
5 Philippines Setting Spray Market Trends |
6 Philippines Setting Spray Market, By Types |
6.1 Philippines Setting Spray Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Setting Spray Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Setting Spray Market Revenues & Volume, By Oil-Control, 2021- 2031F |
6.1.4 Philippines Setting Spray Market Revenues & Volume, By Waterproof, 2021- 2031F |
6.2 Philippines Setting Spray Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Philippines Setting Spray Market Revenues & Volume, By Professional, 2021- 2031F |
6.2.3 Philippines Setting Spray Market Revenues & Volume, By Personal, 2021- 2031F |
6.3 Philippines Setting Spray Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Setting Spray Market Revenues & Volume, By Supermarket & Hypermarket, 2021- 2031F |
6.3.3 Philippines Setting Spray Market Revenues & Volume, By Specialty Retail Stores, 2021- 2031F |
7 Philippines Setting Spray Market Import-Export Trade Statistics |
7.1 Philippines Setting Spray Market Export to Major Countries |
7.2 Philippines Setting Spray Market Imports from Major Countries |
8 Philippines Setting Spray Market Key Performance Indicators |
8.1 Social media engagement rates for setting spray brands in the Philippines |
8.2 Number of beauty influencers endorsing setting sprays in the market |
8.3 Frequency of product launches and innovations in the setting spray segment |
9 Philippines Setting Spray Market - Opportunity Assessment |
9.1 Philippines Setting Spray Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Setting Spray Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.3 Philippines Setting Spray Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Setting Spray Market - Competitive Landscape |
10.1 Philippines Setting Spray Market Revenue Share, By Companies, 2024 |
10.2 Philippines Setting Spray Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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