Personal Care Contract Manufacturing Market Report by Product Types (Natural Products or Herbal Products, Synthetic Products), Formulation (Liquids, Creams, Lotions, Oils, Gels, and Others), Service (Manufacturing, Custom Formulation and R & D, Packaging, and Others), Applications (Skin Care, Hair Care, Make-Up and Color Cosmetics, Fragrances and Deodorants, and Others), and Region 2024-2032
The global personal care contract manufacturing market size reached US$ 21.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 40.1 Billion by 2032, exhibiting a growth rate (CAGR) of 7% during 2024-2032.
Personal care contract manufacturing refers to subcontracting services offered to product owners by a contract-based manufacturer. It involves manufacturing, designing, distributing, testing and packaging of skin, hair, body and personal care products. The services of contract manufacturers are commonly utilized to supplement the manufacturing functions or replace non-essential company-run operations. The products manufactured are widely used in public spaces, resorts, hotels, spas and mass marketing locations. Contract manufacturing offers various benefits to the product owners, such as quick product launch to the market, access to high-end logistics and cutting-edge technology and a substantial reduction in the overall capital investments.
Personal Care Contract Manufacturing Market Trends:
Significant growth in the cosmetic industry across the globe is one of the key factors creating a positive outlook for the market growth. Due to changing lifestyles, hectic schedules and rising female workforce participation, there is an increasing demand for premium-quality cosmetics and personal care products. The contract manufacturing services offer various core manufacturing and ancillary activities, which enable the product owners to focus more on core competencies and enhance their overall efficiencies. Moreover, the increasing demand for herbal and natural skincare products is providing a thrust to the market growth. Consumers are increasingly becoming conscious regarding the long-term effects of using synthetic chemicals on personal hygiene. These variants are manufactured using organic ingredients, such as activated charcoal, baking soda, coconut oil, essential oils and floral extracts, and use aesthetically appealing green packaging to attract a wider consumer base. In line with this, the proliferation of social media platforms and improvements in the distribution channels are also contributing to the market growth. Other factors, including rising expenditure capacities of the masses, along with the implementation of favorable government policies, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global personal care contract manufacturing market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product types, formulation, service and applications.
Breakup by Product Types:
Natural Products or Herbal Products
Synthetic Products
Breakup by Formulation:
Liquids
Creams
Lotions
Oils
Gels
Others
Breakup by Service:
Manufacturing
Custom Formulation and R & D
Packaging
Others
Breakup by Applications:
Skin Care
Hair Care
Make-Up and Color Cosmetics
Fragrances and Deodorants
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being A.I.G. Technologies Inc., ApolloCorp Inc., Beautech Industries Limited, CoValence Laboratories, Formula Corporation, McBride plc, Nutrix International LLC, PLZ Corp., Sarvotham Care Limited, Skinlys, Tropical Products Inc. and VVF Limited.
Key Questions Answered in This Report
1. What was the size of the global personal care contract manufacturing market in 2023?
2. What is the expected growth rate of the global personal care contract manufacturing market during 2024-2032?
3. What are the key factors driving the global personal care contract manufacturing market?
4. What has been the impact of COVID-19 on the global personal care contract manufacturing market?
5. What is the breakup of the global personal care contract manufacturing market based on the service?
6. What are the key regions in the global personal care contract manufacturing market?
7. Who are the key players/companies in the global personal care contract manufacturing market?
Personal care contract manufacturing refers to subcontracting services offered to product owners by a contract-based manufacturer. It involves manufacturing, designing, distributing, testing and packaging of skin, hair, body and personal care products. The services of contract manufacturers are commonly utilized to supplement the manufacturing functions or replace non-essential company-run operations. The products manufactured are widely used in public spaces, resorts, hotels, spas and mass marketing locations. Contract manufacturing offers various benefits to the product owners, such as quick product launch to the market, access to high-end logistics and cutting-edge technology and a substantial reduction in the overall capital investments.
Personal Care Contract Manufacturing Market Trends:
Significant growth in the cosmetic industry across the globe is one of the key factors creating a positive outlook for the market growth. Due to changing lifestyles, hectic schedules and rising female workforce participation, there is an increasing demand for premium-quality cosmetics and personal care products. The contract manufacturing services offer various core manufacturing and ancillary activities, which enable the product owners to focus more on core competencies and enhance their overall efficiencies. Moreover, the increasing demand for herbal and natural skincare products is providing a thrust to the market growth. Consumers are increasingly becoming conscious regarding the long-term effects of using synthetic chemicals on personal hygiene. These variants are manufactured using organic ingredients, such as activated charcoal, baking soda, coconut oil, essential oils and floral extracts, and use aesthetically appealing green packaging to attract a wider consumer base. In line with this, the proliferation of social media platforms and improvements in the distribution channels are also contributing to the market growth. Other factors, including rising expenditure capacities of the masses, along with the implementation of favorable government policies, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global personal care contract manufacturing market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product types, formulation, service and applications.
Breakup by Product Types:
Natural Products or Herbal Products
Synthetic Products
Breakup by Formulation:
Liquids
Creams
Lotions
Oils
Gels
Others
Breakup by Service:
Manufacturing
Custom Formulation and R & D
Packaging
Others
Breakup by Applications:
Skin Care
Hair Care
Make-Up and Color Cosmetics
Fragrances and Deodorants
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being A.I.G. Technologies Inc., ApolloCorp Inc., Beautech Industries Limited, CoValence Laboratories, Formula Corporation, McBride plc, Nutrix International LLC, PLZ Corp., Sarvotham Care Limited, Skinlys, Tropical Products Inc. and VVF Limited.
Key Questions Answered in This Report
1. What was the size of the global personal care contract manufacturing market in 2023?
2. What is the expected growth rate of the global personal care contract manufacturing market during 2024-2032?
3. What are the key factors driving the global personal care contract manufacturing market?
4. What has been the impact of COVID-19 on the global personal care contract manufacturing market?
5. What is the breakup of the global personal care contract manufacturing market based on the service?
6. What are the key regions in the global personal care contract manufacturing market?
7. Who are the key players/companies in the global personal care contract manufacturing market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL PERSONAL CARE CONTRACT MANUFACTURING MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY PRODUCT TYPES
6.1 Natural Products or Herbal Products
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Synthetic Products
6.2.1 Market Trends
6.2.2 Market Forecast
7 MARKET BREAKUP BY FORMULATION
7.1 Liquids
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Creams
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Lotions
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Oils
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Gels
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 MARKET BREAKUP BY SERVICE
8.1 Manufacturing
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Custom Formulation and R & D
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Packaging
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 MARKET BREAKUP BY APPLICATIONS
9.1 Skin Care
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Hair Care
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Make-Up and Color Cosmetics
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Fragrances and Deodorants
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 MARKET BREAKUP BY REGION
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT ANALYSIS
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 VALUE CHAIN ANALYSIS
13 PORTERS FIVE FORCES ANALYSIS
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 PRICE ANALYSIS
15 COMPETITIVE LANDSCAPE
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 A.I.G. Technologies Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 ApolloCorp Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Beautech Industries Limited
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 CoValence Laboratories
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Formula Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 McBride plc
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Nutrix International LLC
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 PLZ Corp.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Sarvotham Care Limited
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Skinlys
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Tropical Products Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 VVF Limited
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL PERSONAL CARE CONTRACT MANUFACTURING MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY PRODUCT TYPES
6.1 Natural Products or Herbal Products
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Synthetic Products
6.2.1 Market Trends
6.2.2 Market Forecast
7 MARKET BREAKUP BY FORMULATION
7.1 Liquids
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Creams
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Lotions
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Oils
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Gels
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 MARKET BREAKUP BY SERVICE
8.1 Manufacturing
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Custom Formulation and R & D
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Packaging
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 MARKET BREAKUP BY APPLICATIONS
9.1 Skin Care
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Hair Care
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Make-Up and Color Cosmetics
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Fragrances and Deodorants
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 MARKET BREAKUP BY REGION
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT ANALYSIS
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 VALUE CHAIN ANALYSIS
13 PORTERS FIVE FORCES ANALYSIS
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 PRICE ANALYSIS
15 COMPETITIVE LANDSCAPE
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 A.I.G. Technologies Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 ApolloCorp Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Beautech Industries Limited
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 CoValence Laboratories
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Formula Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 McBride plc
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Nutrix International LLC
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 PLZ Corp.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Sarvotham Care Limited
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Skinlys
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Tropical Products Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 VVF Limited
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
