Personal Care Contract Manufacturing Market: By Service (Personal care contract manufacturing, Custom formulation and R&D, Packaging and Others) and By Geography  

Purchase Option

$ 4400
$ 6600
$ 8900

Personal Care Contract Manufacturing Market size was valued at USD 19.96 billion in 2023 and is poised to grow at a CAGR of 6.3% over the forecast period 2024 to 2030. Rapidly expanding personal care industry across the globe, increasing demand for hair and skin care products, advanced beauty treatments and marketing strategies by manufacturers and rising disposable income of consumers are some key factors fostering the market growth. Increasing demand for organic products owing to harmful effects of chemical-based products is other factor contributing for the market growth. Huge spending on R&D and promotional activities provides huge growth opportunity for the market.

However, In-house manufacturing of cosmetics by private firms is hampering the market growth. Contract manufacture of personal care products is expected to grow as companies move their focus away from in-house production and toward R&D and other promotional efforts. Increased knowledge of the benefits of localising contract manufacturing, which reduces lead time, is a major factor influencing the fast-moving of personal care goods, hence favourably boosting market growth. Additionally, rising profitability for formulator companies as a result of lower logistical costs associated with contract manufacturing are projected to supplement service demand. Increasing demand for organic anti-aging products is likely to enhance product demand over the forecast period, owing to factors such as climate changes, stressed lifestyles, and busy work schedules. New manufacturers have entered the market as a result of rising consumer concerns about the authenticity of organic personal care products, which is projected to enhance demand for personal care contract manufacturing over the forecast period.

Global Personal Care Contract Manufacturing Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.3%

Largest Market

Asia Pacific

Fastest Growing Market

North America

Personal Care Contract Manufacturing Market Dynamics

The beauty industry has been on a tear for years. There is a wide variety of products available on the market including sunscreens, anti-ageing creams, body lotions, and skin brightening creams. Rising awareness regarding the various benefits of using personal care products has resulted in a rise in their demand over the last few years. The revival of the global economy has seen a rise in disposable income among consumers, both in the developed and the emerging markets. This has resulted in robust growth of the market. Further, the young generation is becoming more fashion conscious and many are turning to hair styling products and hair colours to express their individuality. Changes such as increase in consumer spending, especially among youth, is one of the key driving forces stimulating the growth of the industry.

Global Personal Care Contract Manufacturing Market Segmentation

By Service Type

  • Personal care contract manufacturing
  • Fragrances & Deodorants
  • Hair care
  • Make up & color cosmetics
  • Skin care
  • Others personal care contract manufacturing
  • Custom formulation and R&D
  • Packaging
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

 

 

Frequently Asked Questions

The personal care contract manufacturing market size was valued at USD 19.96 billion in 2023

The personal care contract manufacturing market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

North America is the fastest-growing for feed mycotoxin detoxifiers market

Key Features of the Report

  • The personal care contract manufacturing market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.
1.Executive Summary
2.Global Personal Care Contract Manufacturing Market Introduction 
2.1.Global Personal Care Contract Manufacturing Market  - Taxonomy
2.2.Global Personal Care Contract Manufacturing Market  - Definitions
2.2.1.Service Type
2.2.2.Geography
2.2.3.Region
3.Global Personal Care Contract Manufacturing Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Personal Care Contract Manufacturing Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Personal Care Contract Manufacturing Market  By Service Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Personal care contract manufacturing
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Fragrances & Deodorants
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Hair care
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Make up & color cosmetics
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Skin care
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Others personal care contract manufacturing
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Custom formulation and R&D
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
5.8. Packaging
5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.8.3. Market Opportunity Analysis 
5.9. Others
5.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.9.3. Market Opportunity Analysis 
6.Global Personal Care Contract Manufacturing Market  By Geography, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. North America
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Europe
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Asia-Pacific
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Latin America
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Middle East and Africa (MEA)
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7.Global Personal Care Contract Manufacturing Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Personal Care Contract Manufacturing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Service Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Personal care contract manufacturing
8.1.2.Fragrances & Deodorants
8.1.3.Hair care
8.1.4.Make up & color cosmetics
8.1.5.Skin care
8.1.6.Others personal care contract manufacturing
8.1.7.Custom formulation and R&D
8.1.8.Packaging
8.1.9.Others
8.2.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.North America
8.2.2.Europe
8.2.3.Asia-Pacific
8.2.4.Latin America
8.2.5.Middle East and Africa (MEA)
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Personal Care Contract Manufacturing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Service Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Personal care contract manufacturing
9.1.2.Fragrances & Deodorants
9.1.3.Hair care
9.1.4.Make up & color cosmetics
9.1.5.Skin care
9.1.6.Others personal care contract manufacturing
9.1.7.Custom formulation and R&D
9.1.8.Packaging
9.1.9.Others
9.2.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.North America
9.2.2.Europe
9.2.3.Asia-Pacific
9.2.4.Latin America
9.2.5.Middle East and Africa (MEA)
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Personal Care Contract Manufacturing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Service Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Personal care contract manufacturing
10.1.2.Fragrances & Deodorants
10.1.3.Hair care
10.1.4.Make up & color cosmetics
10.1.5.Skin care
10.1.6.Others personal care contract manufacturing
10.1.7.Custom formulation and R&D
10.1.8.Packaging
10.1.9.Others
10.2.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.North America
10.2.2.Europe
10.2.3.Asia-Pacific
10.2.4.Latin America
10.2.5.Middle East and Africa (MEA)
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Personal Care Contract Manufacturing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Service Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Personal care contract manufacturing
11.1.2.Fragrances & Deodorants
11.1.3.Hair care
11.1.4.Make up & color cosmetics
11.1.5.Skin care
11.1.6.Others personal care contract manufacturing
11.1.7.Custom formulation and R&D
11.1.8.Packaging
11.1.9.Others
11.2.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.North America
11.2.2.Europe
11.2.3.Asia-Pacific
11.2.4.Latin America
11.2.5.Middle East and Africa (MEA)
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Personal Care Contract Manufacturing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Service Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Personal care contract manufacturing
12.1.2.Fragrances & Deodorants
12.1.3.Hair care
12.1.4.Make up & color cosmetics
12.1.5.Skin care
12.1.6.Others personal care contract manufacturing
12.1.7.Custom formulation and R&D
12.1.8.Packaging
12.1.9.Others
12.2.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.North America
12.2.2.Europe
12.2.3.Asia-Pacific
12.2.4.Latin America
12.2.5.Middle East and Africa (MEA)
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.I.G.A Technologies
13.2.2.CoValence Laboratories
13.2.3.Kolmar
13.2.4.Mansfield-King
13.2.5.McBride
13.2.6.Nutrix
13.2.7.RCP Ranstadt
13.2.8.Sarvotham Care
13.2.9.Sensible Organics
13.2.10.Tropical Products
13.2.11.VVF
14. Research Methodology 
15. Appendix and Abbreviations 
  • I.G.A Technologies
  • CoValence Laboratories
  • Kolmar
  • Mansfield-King
  • McBride
  • Nutrix
  • RCP Ranstadt
  • Sarvotham Care
  • Sensible Organics
  • Tropical Products
  • VVF

Adjacent Markets