Podcast
Questions and Answers
Which of the following best describes the change in the Philippines' mass beauty and personal care market retail value sales from 2022 to 2023?
Which of the following best describes the change in the Philippines' mass beauty and personal care market retail value sales from 2022 to 2023?
- An increase of 25% to ₱18.2 billion.
- A static value of ₱195 billion.
- A rise of 10% to ₱195 billion. (correct)
- A decrease of 10% to ₱195 billion.
According to market analysis, which specific category within the mass beauty market experienced the highest growth in retail value sales in 2023?
According to market analysis, which specific category within the mass beauty market experienced the highest growth in retail value sales in 2023?
- Mass color cosmetics or makeup. (correct)
- Skin care products
- Fragrances and perfumes
- Basic cleansing products like shampoo and soap.
Which of the following companies is NOT listed as one of the top 5 mass beauty companies in the Philippines in 2023?
Which of the following companies is NOT listed as one of the top 5 mass beauty companies in the Philippines in 2023?
- Avon Cosmetics Inc.
- Unilever Philippines Inc.
- Procter & Gamble Philippines Inc.
- Colgate-Palmolive (correct)
Which brand held the top position in the Philippines' mass beauty market for many years, as of 2023?
Which brand held the top position in the Philippines' mass beauty market for many years, as of 2023?
Which of the following products is NOT associated with Johnson & Johnson (Philippines) Inc., according to the provided market overview?
Which of the following products is NOT associated with Johnson & Johnson (Philippines) Inc., according to the provided market overview?
In the context of the ASEAN Cosmetic Directive (ACD), which of the following does Appendix III primarily address?
In the context of the ASEAN Cosmetic Directive (ACD), which of the following does Appendix III primarily address?
Which of the following does NOT fall under product examples of Splash Corp. as mentioned, based on the provided overview?
Which of the following does NOT fall under product examples of Splash Corp. as mentioned, based on the provided overview?
What is the primary focus of products categorized under the 'mass beauty and personal care' market?
What is the primary focus of products categorized under the 'mass beauty and personal care' market?
What is the primary distinction regarding cosmetic product classification between the United States and other regions, such as Europe?
What is the primary distinction regarding cosmetic product classification between the United States and other regions, such as Europe?
What is the term for cosmetic products with drug-like benefits that are not explicitly recognized by regulatory bodies like the ACD?
What is the term for cosmetic products with drug-like benefits that are not explicitly recognized by regulatory bodies like the ACD?
Why does the term 'cosmeceuticals' persist in some cosmetic industry settings despite not being legally recognized by certain authorities?
Why does the term 'cosmeceuticals' persist in some cosmetic industry settings despite not being legally recognized by certain authorities?
What distinguishes a product in the 'gray area' of cosmetics, as mentioned in the text?
What distinguishes a product in the 'gray area' of cosmetics, as mentioned in the text?
According to the content, if a product acts as both a drug and a cosmetic, what set of guidelines should it adhere to?
According to the content, if a product acts as both a drug and a cosmetic, what set of guidelines should it adhere to?
What does the term INCI stand for?
What does the term INCI stand for?
Which set of names is used to identify cosmetic ingredients?
Which set of names is used to identify cosmetic ingredients?
What are the names used to identify drugs, in contrast to cosmetics, when using an international nomenclature?
What are the names used to identify drugs, in contrast to cosmetics, when using an international nomenclature?
According to the provided text, what is a primary determinant of whether a product is classified as a cosmetic?
According to the provided text, what is a primary determinant of whether a product is classified as a cosmetic?
A product claiming to permanently remove acne should be classified as:
A product claiming to permanently remove acne should be classified as:
Which of the following claims would likely classify a product as NON-cosmetic?
Which of the following claims would likely classify a product as NON-cosmetic?
What is the key distinction between a cosmetic deodorant and what could be classified as a non-cosmetic antiperspirant, according to the document?
What is the key distinction between a cosmetic deodorant and what could be classified as a non-cosmetic antiperspirant, according to the document?
Which of the following best describes the term 'skin rejuvenating', in the context of the document?
Which of the following best describes the term 'skin rejuvenating', in the context of the document?
According to the document, what is the effect of using modifiers in claims about products?
According to the document, what is the effect of using modifiers in claims about products?
Which of the following product functions would be considered non-cosmetic?
Which of the following product functions would be considered non-cosmetic?
Based on the text, an 'aphrodisiac' or 'hormonal attraction' product would be considered...
Based on the text, an 'aphrodisiac' or 'hormonal attraction' product would be considered...
What is an acceptable claim for hair care products concerning dandruff?
What is an acceptable claim for hair care products concerning dandruff?
Which of the following statements about cosmetic claims is true?
Which of the following statements about cosmetic claims is true?
Which of the following claims is considered unacceptable for hair loss products?
Which of the following claims is considered unacceptable for hair loss products?
What type of claim is NOT appropriate for depilatory products?
What type of claim is NOT appropriate for depilatory products?
Which claim would likely qualify a product as non-cosmetic?
Which claim would likely qualify a product as non-cosmetic?
Which ingredient is specifically prohibited in cosmetic products due to its primary pharmaceutical function?
Which ingredient is specifically prohibited in cosmetic products due to its primary pharmaceutical function?
Which of the following coloring agents can be used in all cosmetic products but is limited to a maximum concentration of 3%?
Which of the following coloring agents can be used in all cosmetic products but is limited to a maximum concentration of 3%?
What is a key reason for avoiding ingredients with high skin permeability in cosmetics?
What is a key reason for avoiding ingredients with high skin permeability in cosmetics?
Which ingredient is not permitted in cosmetic eye-makeup products due to potential irritation?
Which ingredient is not permitted in cosmetic eye-makeup products due to potential irritation?
What does the Cosmetic Ingredient Review (CIR) emphasize when assessing ingredients?
What does the Cosmetic Ingredient Review (CIR) emphasize when assessing ingredients?
What is a key restriction associated with sprays containing neurotoxic substances?
What is a key restriction associated with sprays containing neurotoxic substances?
Which active ingredient is commonly found in anti-dandruff shampoos?
Which active ingredient is commonly found in anti-dandruff shampoos?
What is the maximum concentration of C16-alkyl trimethyl ammonium chloride allowed in rinse-off hair products?
What is the maximum concentration of C16-alkyl trimethyl ammonium chloride allowed in rinse-off hair products?
What must be avoided when using products containing selenium disulphide?
What must be avoided when using products containing selenium disulphide?
For what purpose can the individual concentrations of C16 and C18-alkyl trimethyl ammonium chloride be used?
For what purpose can the individual concentrations of C16 and C18-alkyl trimethyl ammonium chloride be used?
Flashcards
Cosmetics
Cosmetics
Products used for cleaning, beautifying, enhancing, or altering the appearance of the body.
Cosmetic Product Development
Cosmetic Product Development
The process of developing, testing, and manufacturing cosmetic products.
Mass Beauty
Mass Beauty
This includes the products that are widely available and affordable for everyday use, focusing on basic functions like cleansing and grooming.
Mass Beauty & Personal Care Market
Mass Beauty & Personal Care Market
Signup and view all the flashcards
ASEAN Cosmetic Directive (ACD)
ASEAN Cosmetic Directive (ACD)
Signup and view all the flashcards
Mass Colour Cosmetics
Mass Colour Cosmetics
Signup and view all the flashcards
Top 5 Mass Beauty Companies in the Philippines
Top 5 Mass Beauty Companies in the Philippines
Signup and view all the flashcards
Top 5 Mass Beauty Brands in the Philippines
Top 5 Mass Beauty Brands in the Philippines
Signup and view all the flashcards
Cosmeceuticals
Cosmeceuticals
Signup and view all the flashcards
INCI
INCI
Signup and view all the flashcards
Dual-Purpose Product
Dual-Purpose Product
Signup and view all the flashcards
Gray Area Products
Gray Area Products
Signup and view all the flashcards
FDA
FDA
Signup and view all the flashcards
Systematic Names
Systematic Names
Signup and view all the flashcards
ACD
ACD
Signup and view all the flashcards
New Chemical Entity (NCE)
New Chemical Entity (NCE)
Signup and view all the flashcards
Unacceptable Cosmetic Claims
Unacceptable Cosmetic Claims
Signup and view all the flashcards
Crossing the Line: Cosmetics vs. Medicines
Crossing the Line: Cosmetics vs. Medicines
Signup and view all the flashcards
Hair Care & Depilatory Claims
Hair Care & Depilatory Claims
Signup and view all the flashcards
Non-Cosmetic Product
Non-Cosmetic Product
Signup and view all the flashcards
Cosmetic Ingredient Review (CIR)
Cosmetic Ingredient Review (CIR)
Signup and view all the flashcards
Annex IV Part 1 List of Colouring Agents Allowed
Annex IV Part 1 List of Colouring Agents Allowed
Signup and view all the flashcards
Ingredient allowed in cosmetics
Ingredient allowed in cosmetics
Signup and view all the flashcards
Ingredient permeability
Ingredient permeability
Signup and view all the flashcards
International Nomenclature of Cosmetic Ingredients (INCI)
International Nomenclature of Cosmetic Ingredients (INCI)
Signup and view all the flashcards
Cosmetic Product Definition
Cosmetic Product Definition
Signup and view all the flashcards
Non-Cosmetic Claims
Non-Cosmetic Claims
Signup and view all the flashcards
Non-Cosmetic Presentation
Non-Cosmetic Presentation
Signup and view all the flashcards
Non-Cosmetic Function
Non-Cosmetic Function
Signup and view all the flashcards
Softening Cosmetic Claims
Softening Cosmetic Claims
Signup and view all the flashcards
Deodorants and Antiperspirants
Deodorants and Antiperspirants
Signup and view all the flashcards
Aphrodisiac or Hormonal Attraction
Aphrodisiac or Hormonal Attraction
Signup and view all the flashcards
Perfumes, Fragrances, and Colognes
Perfumes, Fragrances, and Colognes
Signup and view all the flashcards
Cetrimonium Chloride
Cetrimonium Chloride
Signup and view all the flashcards
Selenium Sulfide
Selenium Sulfide
Signup and view all the flashcards
Neurotoxicity
Neurotoxicity
Signup and view all the flashcards
Rinse-Off Hair Products
Rinse-Off Hair Products
Signup and view all the flashcards
Maximum Concentration
Maximum Concentration
Signup and view all the flashcards
Study Notes
ASEAN Cosmetic Directive (ACD)
- A directive outlining cosmetic product development
- Includes illustrative lists of cosmetic products by category.
- Not exhaustive, but provides a starting point for understanding.
Cosmetic Science Overview
- Cosmetics are for external use, not treatment
- Top 5 Mass Beauty Companies: Unilever Philippines, Procter & Gamble Philippines, Avon Cosmetics, Johnson & Johnson Philippines Inc, and Splash Corp.
Mass Beauty and Personal Care Market
- Mass beauty sales increased by 10% in 2023 to ₱195 billion.
- Mass color cosmetics are the best-performing category, rising 25% to ₱18.2 billion.
- Unilever Philippines is the leading player, with an 18% retail value share in 2023.
- Retail sales are expected to increase at a 9% constant value CAGR by 2023 to ₱303 billion.
Premium Beauty and Personal Care Market
- Retail value sales increased by 16% in 2023 to ₱23.5 billion.
- Estée Lauder Cos Inc. is the leading player with a 4% retail value share in 2023.
- Premium deodorants saw the largest growth in retail value sales, up 29% to ₱865 million.
Cosmetic Products
- Substances or mixtures for external use, not for treating diseases
- Used mainly for cleaning, perfuming, altering appearance, protecting, or correcting odors
Cosmetic vs. Drugs
- Drugs are for treating or preventing diseases, intending to change physiological systems
- Cosmetics are for external use to clean, perfume, change appearance, protect, or correct odors.
Cosmetic Ingredients
- International Nomenclature of Cosmetic Ingredients (INCI) names are internationally recognized
- COSMETIC INGREDIENT REVIEW (CIR) studies individual chemical compounds' safe use in products.
ASEAN Cosmetic Directive (ACD) Annexes
- Annexes contain lists of substances permitted or restricted in cosmetic products.
UV Filters in Cosmetics
- Annex VII contains a list of permitted UV filters in cosmetic products.
- Maximum allowable concentrations are specified.
Key Trends in 2023
- Skin whitening products, sun care, and dermocosmetics brands rose in popularity.
- Celebrities and influencers are driving demand for new products.
- Increased retail sales, benefit from resuming pre pandemic lifestyles.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
Test your knowledge about the dynamics of the mass beauty and personal care market in the Philippines for 2023. This quiz covers market trends, top companies, and product categories that have experienced growth. Find out how well you know this vibrant industry and its key players!