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PUBLISHER: IMARC | PRODUCT CODE: 1519508
PUBLISHER: IMARC | PRODUCT CODE: 1519508
Personal Care Contract Manufacturing Market Report by Product Types, Formulation, Service, Applications, and Region 2024-2032
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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?
Product Code: SR112024A5668
Table of Contents
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
- 10.1.1 United States
- 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
- 10.2.1 China
- 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
- 10.3.1 Germany
- 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
- 10.4.1 Brazil
- 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
- 15.3.1 A.I.G. Technologies Inc.
Product Code: SR112024A5668
List of Figures
- Figure 1: Global: Personal Care Contract Manufacturing Market: Major Drivers and Challenges
- Figure 2: Global: Personal Care Contract Manufacturing Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Personal Care Contract Manufacturing Market: Breakup by Product Types (in %), 2023
- Figure 5: Global: Personal Care Contract Manufacturing Market: Breakup by Formulation (in %), 2023
- Figure 6: Global: Personal Care Contract Manufacturing Market: Breakup by Service (in %), 2023
- Figure 7: Global: Personal Care Contract Manufacturing Market: Breakup by Applications (in %), 2023
- Figure 8: Global: Personal Care Contract Manufacturing Market: Breakup by Region (in %), 2023
- Figure 9: Global: Personal Care Contract Manufacturing (Natural Products or Herbal Products) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Personal Care Contract Manufacturing (Natural Products or Herbal Products) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Personal Care Contract Manufacturing (Synthetic Products) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Personal Care Contract Manufacturing (Synthetic Products) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Personal Care Contract Manufacturing (Liquids) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Personal Care Contract Manufacturing (Liquids) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Personal Care Contract Manufacturing (Creams) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Personal Care Contract Manufacturing (Creams) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Personal Care Contract Manufacturing (Lotions) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Personal Care Contract Manufacturing (Lotions) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Personal Care Contract Manufacturing (Oils) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Personal Care Contract Manufacturing (Oils) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Personal Care Contract Manufacturing (Gels) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Personal Care Contract Manufacturing (Gels) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Personal Care Contract Manufacturing (Other Formulations) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Personal Care Contract Manufacturing (Other Formulations) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Personal Care Contract Manufacturing (Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Personal Care Contract Manufacturing (Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Personal Care Contract Manufacturing (Custom Formulation and R & D) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Personal Care Contract Manufacturing (Custom Formulation and R & D) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Personal Care Contract Manufacturing (Packaging) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Personal Care Contract Manufacturing (Packaging) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Personal Care Contract Manufacturing (Other Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Personal Care Contract Manufacturing (Other Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Global: Personal Care Contract Manufacturing (Skin Care) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Global: Personal Care Contract Manufacturing (Skin Care) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Global: Personal Care Contract Manufacturing (Hair Care) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Global: Personal Care Contract Manufacturing (Hair Care) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Global: Personal Care Contract Manufacturing (Make-Up and Color Cosmetics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Global: Personal Care Contract Manufacturing (Make-Up and Color Cosmetics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Global: Personal Care Contract Manufacturing (Fragrances and Deodorants) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Global: Personal Care Contract Manufacturing (Fragrances and Deodorants) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Global: Personal Care Contract Manufacturing (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Global: Personal Care Contract Manufacturing (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: North America: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: North America: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: United States: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: United States: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Canada: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Canada: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Asia-Pacific: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Asia-Pacific: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: China: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: China: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Japan: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Japan: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: India: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: India: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: South Korea: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: South Korea: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Australia: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Australia: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Indonesia: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Indonesia: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Others: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Others: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Europe: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Europe: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Germany: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Germany: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: France: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: France: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: United Kingdom: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: United Kingdom: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Italy: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Italy: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Spain: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Spain: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Russia: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Russia: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Others: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Others: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Latin America: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: Latin America: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Brazil: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 84: Brazil: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 85: Mexico: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 86: Mexico: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 87: Others: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 88: Others: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 89: Middle East and Africa: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 90: Middle East and Africa: Personal Care Contract Manufacturing Market: Breakup by Country (in %), 2023
- Figure 91: Middle East and Africa: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 92: Global: Personal Care Contract Manufacturing Industry: SWOT Analysis
- Figure 93: Global: Personal Care Contract Manufacturing Industry: Value Chain Analysis
- Figure 94: Global: Personal Care Contract Manufacturing Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Personal Care Contract Manufacturing Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Personal Care Contract Manufacturing Market Forecast: Breakup by Product Types (in Million US$), 2024-2032
- Table 3: Global: Personal Care Contract Manufacturing Market Forecast: Breakup by Formulation (in Million US$), 2024-2032
- Table 4: Global: Personal Care Contract Manufacturing Market Forecast: Breakup by Service (in Million US$), 2024-2032
- Table 5: Global: Personal Care Contract Manufacturing Market Forecast: Breakup by Applications (in Million US$), 2024-2032
- Table 6: Global: Personal Care Contract Manufacturing Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Personal Care Contract Manufacturing Market: Competitive Structure
- Table 8: Global: Personal Care Contract Manufacturing Market: Key Players
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