- 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
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.
Asia-Pacific Got Significant Share
Personal Care Contract Manufacturing Market Regional Analysis
Asia Pacific accounted for larger revenue share in global personal care contract manufacturing market with considerable CAGR due to the shifting manufacturing bases of major companies to developing countries. Also, government initiatives to offer technologically enhanced infrastructure is also responsible for the market growth in the region. Further, China is the major contributor for the market growth in this region. Moreover, North America held considerable market share during predicted period owing to constant innovations.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The thailand prebiotics, probiotics, postbiotics 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.
Global Personal Care Contract Manufacturing Market Segmentation
By Service Type
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
| 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