Global Personal Care Contract Manufacturing Market Size Study, by Service, by Product, by Product Form, and Regional Forecasts 2022-2032

Description

The Global Personal Care Contract Manufacturing Market, valued at approximately USD 21.2 million in 2023, is forecasted to expand at a robust CAGR of 8.5% during the period 2024-2032. This market reflects the shifting paradigms in the personal care industry, where contract manufacturing is gaining prominence due to its ability to streamline operations, reduce production costs, and cater to dynamic consumer preferences. Personal care brands are increasingly leveraging the expertise of contract manufacturers to introduce innovative products while focusing on their core competencies.

The surging demand for premium skincare, haircare, and cosmetic products is driving the growth of this market. Contract manufacturers are enhancing their portfolios by incorporating custom formulation services and advanced R&D capabilities. These efforts align with the growing trend of personalized beauty, which prioritizes unique formulations tailored to individual needs. Additionally, advancements in packaging innovation, such as eco-friendly and aesthetically appealing designs, are further accelerating the market's trajectory. However, challenges such as stringent regulatory frameworks and rising competition among manufacturers pose hurdles to growth.

The market is witnessing a surge in demand for sustainable and cruelty-free products, compelling contract manufacturers to adopt green manufacturing practices. Companies are integrating eco-conscious materials and processes, enabling their clients to cater to environmentally conscious consumers. The rise of direct-to-consumer (D2C) brands and the proliferation of e-commerce platforms have also bolstered the role of contract manufacturers, as these brands often lack in-house production capabilities and seek agile manufacturing partners.

Regionally, North America dominates the market, driven by a well-established personal care industry and the strong presence of contract manufacturing companies. Europe follows closely, supported by regulatory emphasis on product safety and sustainability. Meanwhile, the Asia-Pacific region is anticipated to experience the fastest growth, fueled by increasing urbanization, rising disposable incomes, and a growing consumer base in countries such as China, India, and Japan.

Major market players included in this report are:

KDC/One
VVF Ltd.
McBride PLC
Fareva Group
Kolmar Korea
COSMAX Inc.
Formula Corp.
A.I.G. Technologies Inc.
Nutrix International LLC
Tropical Products, Inc.
Tubex Holding GmbH
Sarvotham Care Limited
Botanic Organic
Koninklijke Philips N.V.
Skinlys

The detailed segments and sub-segment of the market are explained below:

By Service:

Manufacturing
Custom Formulation and R&D
Packaging

By Product:

Skin Care
Hair Care
Makeup & Color Cosmetics
Fragrances & Deodorants
Others

By Product Form:

Liquids
Gels
Oils & Serums
Others

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year: 2022
Base year: 2023
Forecast period: 2024 to 2032

Key Takeaways:

Extensive market forecasts spanning a decade, segmented by service, product, and region.
Regional analysis, offering insights into market trends and growth opportunities.
Comprehensive competitive analysis, highlighting key strategies and innovations.
Demand-side and supply-side perspectives, providing actionable recommendations for stakeholders.

Chapter 1. Global Personal Care Contract Manufacturing Market Executive Summary

1.1. Global Personal Care Contract Manufacturing Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Service
- 1.3.2. By Product
- 1.3.3. By Product Form
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Personal Care Contract Manufacturing Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Personal Care Contract Manufacturing Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Demand for Premium Personal Care Products
- 3.1.2. Custom Formulation and R&D Capabilities
- 3.1.3. Technological Advancements in Manufacturing
3.2. Market Challenges
- 3.2.1. Stringent Regulatory Frameworks
- 3.2.2. Rising Competition Among Manufacturers
3.3. Market Opportunities
- 3.3.1. Sustainable and Eco-friendly Manufacturing Practices
- 3.3.2. Strategic Partnerships and R&D Investments
- 3.3.3. Expansion into Emerging Markets

Chapter 4. Global Personal Care Contract Manufacturing Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Personal Care Contract Manufacturing Market Size & Forecasts by Service 2022-2032

5.1. Segment Dashboard
5.2. Global Personal Care Contract Manufacturing Market: Service Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Manufacturing
- 5.2.2. Custom Formulation and R&D
- 5.2.3. Packaging

Chapter 6. Global Personal Care Contract Manufacturing Market Size & Forecasts by Product 2022-2032

6.1. Segment Dashboard
6.2. Global Personal Care Contract Manufacturing Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Skin Care
- 6.2.2. Hair Care
- 6.2.3. Makeup & Color Cosmetics
- 6.2.4. Fragrances & Deodorants
- 6.2.5. Others

Chapter 7. Global Personal Care Contract Manufacturing Market Size & Forecasts by Product Form 2022-2032

7.1. Segment Dashboard
7.2. Global Personal Care Contract Manufacturing Market: Product Form Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Liquids
- 7.2.2. Gels
- 7.2.3. Oils & Serums
- 7.2.4. Others

Chapter 8. Global Personal Care Contract Manufacturing Market Size & Forecasts by Region 2022-2032

8.1. North America Personal Care Contract Manufacturing Market
- 8.1.1. U.S. Personal Care Contract Manufacturing Market
  - 8.1.1.1. Service Breakdown Size & Forecasts, 2022-2032
  - 8.1.1.2. Product Breakdown Size & Forecasts, 2022-2032
- 8.1.2. Canada Personal Care Contract Manufacturing Market
  - 8.1.2.1. Service Breakdown Size & Forecasts, 2022-2032
  - 8.1.2.2. Product Breakdown Size & Forecasts, 2022-2032
8.2. Europe Personal Care Contract Manufacturing Market
- 8.2.1. UK Personal Care Contract Manufacturing Market
- 8.2.2. Germany Personal Care Contract Manufacturing Market
- 8.2.3. France Personal Care Contract Manufacturing Market
- 8.2.4. Spain Personal Care Contract Manufacturing Market
- 8.2.5. Italy Personal Care Contract Manufacturing Market
- 8.2.6. Rest of Europe Personal Care Contract Manufacturing Market
8.3. Asia-Pacific Personal Care Contract Manufacturing Market
- 8.3.1. China Personal Care Contract Manufacturing Market
- 8.3.2. India Personal Care Contract Manufacturing Market
- 8.3.3. Japan Personal Care Contract Manufacturing Market
- 8.3.4. Australia Personal Care Contract Manufacturing Market
- 8.3.5. South Korea Personal Care Contract Manufacturing Market
- 8.3.6. Rest of Asia-Pacific Personal Care Contract Manufacturing Market
8.4. Latin America Personal Care Contract Manufacturing Market
- 8.4.1. Brazil Personal Care Contract Manufacturing Market
- 8.4.2. Mexico Personal Care Contract Manufacturing Market
- 8.4.3. Rest of Latin America Personal Care Contract Manufacturing Market
8.5. Middle East & Africa Personal Care Contract Manufacturing Market
- 8.5.1. Saudi Arabia Personal Care Contract Manufacturing Market
- 8.5.2. South Africa Personal Care Contract Manufacturing Market
- 8.5.3. Rest of Middle East & Africa Personal Care Contract Manufacturing Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. KDC/One
- 9.1.2. VVF Ltd.
- 9.1.3. McBride PLC
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. KDC/One
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. VVF Ltd.
- 9.3.3. McBride PLC
- 9.3.4. Fareva Group
- 9.3.5. Kolmar Korea
- 9.3.6. COSMAX Inc.
- 9.3.7. Formula Corp.
- 9.3.8. A.I.G. Technologies Inc.
- 9.3.9. Nutrix International LLC
- 9.3.10. Tropical Products, Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes