Philippines Essential Oils Market

Philippines Essential Oils Market Overview:

The Philippines essential oils market size reached USD 264.00 Million in 2024. The market is projected to reach USD 543.33 Million by 2033, exhibiting a growth rate (CAGR) of 8.35% during 2025-2033. The market is observing consistent growth owing to growing consumer consciousness of natural wellness solutions and demand across various personal care, healthcare, and lifestyle areas. Firms emphasize sustainable values, value-added technologies, and increasing reach through conventional and e-commerce sales channels. Regulatory advances and industry partnerships are also favoring market growth. This changing environment, formulated by altering consumer needs and strategic market moves, is anticipated to considerably determine the Philippines essential oils market share.

Philippines Essential Oils Market Trends:

Import Surge and Consumer Demand Expansion

The essential oils market in the Philippines is entering an exciting phase, fueled by growing interest in natural wellness products and a more health-conscious population. With essential oils now widely used in home self-care routines, aromatherapy, and cosmetic formulations, demand has been rising steadily across the country. While local production is still developing, this gap presents an opportunity for both importers and local stakeholders to meet evolving consumer preferences. In April 2024, trade records documented consistent shipments of essential oils like turmeric, peppermint, and cedarwood arriving from India, reflecting the robust trade flow and market readiness to absorb high-quality imports. This growing access to a diverse product range through both retail and digital channels is helping essential oils move from niche to mainstream. Filipino consumers are also becoming more discerning, actively seeking clean-label and natural products. If paired with local capacity building, this import momentum could serve as a strong launchpad for broader market development. Overall, the positive consumer response and strong supply networks support continued Philippines essential oils market growth in the years ahead.

Emerging Export Activity and Biodiversity Potential

The Philippines is starting to make promising strides in essential oil exports, signaling untapped potential in both regional and global markets. While still in the early stages, this growing activity reflects increasing international interest in the country’s unique aromatic ingredients, many of which are derived from native flora. Data shows essential oil shipments reaching destinations such as France, Australia, and nearby Asian countries small but meaningful steps toward establishing the Philippines as a trusted source of natural oils. In January 2025, updated customs data reaffirmed continued export activity, reinforcing global curiosity about Philippine-sourced essential oils. With its rich biodiversity, the country is well-positioned to build a strong, differentiated product offering especially as global consumers show growing preference for origin-specific, ethically sourced oils. As producers invest in refining quality and branding, exports could evolve into a key growth driver. These early successes are paving the way for long-term potential, reflecting emerging Philippines essential oils market trends with a strong international outlook.

Institutional R&D Drivers and Sustainable Foundations

Momentum is building in the Philippines' essential oil industry, because of robust institutional backing and focused research aimed at sustaining long-term competitiveness and added value. Government institutions, notably the Department of Science and Technology (DOST), are investing aggressively in local capacity development that empowers communities and researchers with appropriate equipment for enhancing extraction processes, product quality, and fragrance blending. In November 2024, the DOST-Forest Products Research and Development Institute held hands-on training in fragrance development and sensory evaluation, laying the foundation for a more competent and innovation-capable local industry. Such programs form part of an overall "Green Fragrance" program to run until 2026 aimed at positioning the Philippines as a responsible source of high-quality, nature-based fragrance products. In addition to training, these initiatives also promote reinforcing raw material supply chains, enhancing traceability, and facilitating sustainable harvesting. Such systemic investment contributes to building a more robust and competitive base. In the long term, such strategic building will be fundamental to unlocking wider Philippines essential oils market opportunities of long-term global significance.

Philippines Essential Oils Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on product, application and sales channel.

Product Insights:

• Cedarwood Oil
• Eucalyptus Oil
• Lavender Oil
• Lemongrass Oil
• Rosemary Oil
• Tea Tree Oil
• Ylang Ylang Oil
• Others

The report has provided a detailed breakup and analysis of the market based on the product. This includes cedarwood oil, eucalyptus oil, lavender oil, lemongrass oil, rosemary oil, tea tree oil, ylang ylang oil, and others.

Application Insights:

• Medical
  • Pharmaceutical
  • Nutraceuticals
• Food and Beverages
  • Bakery and Confectionery
  • Beverages
  • Meat, Poultry and Seafood
  • Others
• Spa and Relaxation
  • Aromatherapy
  • Personal Care
  • Cosmetics
  • Toiletries
  • Others
• Cleaning
  • Kitchen Cleaners
  • Floor Cleaners
  • Bathroom Cleaner
  • Others
• Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes medical (pharmaceutical and nutraceuticals), food and beverages (bakery and confectionery, beverages, meat, poultry and seafood, and others), spa and relaxation (aromatherapy, personal care, cosmetics, toiletries, and others), cleaning (kitchen cleaners, floor cleaners, bathroom cleaner, and others) and others.

Sales Channel Insights:

• Offline Stores
• Online Stores

The report has provided a detailed breakup and analysis of the market based on the sales channel. This includes offline stores and online stores.

Regional Insights:

• Luzon
• Visayas
• Mindanao

The report has also provided a comprehensive analysis of all the major regional markets, which include Luzon, Visayas, and Mindanao.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Philippines Essential Oils Market News:

• August 2024: Ares Merchants Philippines Inc. (AMPI) is set to inaugurate the first majority Filipino‑owned coconut oil refinery in Europe, signaling a strategic expansion of the country’s export capabilities. This initiative, undertaken in cooperation with the Philippine Coconut Authority, aims to strengthen ties with local cooperatives and boost income opportunities for coconut farmers and MSMEs. By enabling direct sales to EU end‑users, AMPI seeks to elevate the Philippine coconut industry’s value proposition and modernize export practices.

Philippines Essential Oils Market Report Coverage:

Key Questions Answered in This Report:

• How has the Philippines essential oils market performed so far and how will it perform in the coming years?
• What is the breakup of the Philippines essential oils market on the basis of product?
• What is the breakup of the Philippines essential oils market on the basis of application?
• What is the breakup of the Philippines essential oils market on the basis of sales channel?
• What is the breakup of the Philippines essential oils market on the basis of region?
• What are the various stages in the value chain of the Philippines essential oils market? 
• What are the key driving factors and challenges in the Philippines essential oils market?
• What is the structure of the Philippines essential oils market and who are the key players?
• What is the degree of competition in the Philippines essential oils market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Philippines essential oils market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Philippines essential oils market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Philippines essential oils industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.