Market Overview:
The global personal care product contract manufacturing market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for personal care products, especially in developing countries. In addition, the growing trend of outsourcing various manufacturing activities is also contributing to the growth of this market. The global personal care product contract manufacturing market can be segmented on the basis of type, application and region. On the basis of type, the market can be divided into three segments: Manufacturing, Custom Formulation and R&D, and Packaging. The Manufacturing segment dominates this market owing to its high demand from end-use industries such as skin care, hair care and color cosmetics. On the basis of application, skin care dominates this market followed by hair care and make-up & color cosmetics segments respectively.
Product Definition:
Personal care product contract manufacturing is the process of outsourcing the production of personal care products to a third-party manufacturer. This can include anything from cosmetics and skin care products to hair products and oral hygiene products.
There are many benefits to using a contract manufacturer for your personal care products. First, it can save you time and money. Contract manufacturers have the ability to produce large quantities of product quickly and efficiently, which can save you both time and money in terms of inventory costs. They also have access to state-of-the-art equipment and technology that you may not have in-house, which can result in higher quality finished products.
Additionally, using a contract manufacturer gives you more flexibility when it comes to product formulation and design. You don't need to worry about investing in expensive equipment or hiring additional staff; the contract manufacturer will take on those responsibilities for you.
Manufacturing:
Manufacturing is the process of converting raw materials into finished products. It includes a series of complex steps from sourcing, procurement, production and distribution of raw materials to final product packaging. In contract manufacturing market there are two types of manufacturers one is offshore manufacturer and other is onshore manufacturer. The difference between them is that Offshore manufacturer has their manufacturing plant located in low labor cost region like china while Onshore manufacturer has their manufacturing plant located in high labor cost region like U.
Custom Formulation and R&D:
Custom formulation is a combination of active and inactive ingredients used to produce cosmetics, skincare products or other personal care products. It's an alternative way for formulating new products instead of using the traditional methods where all the ingredients are known. In custom formulations, there's more flexibility in combining different elements as per consumer demand since it's not required to be 100% pure any longer.
Application Insights:
The skin care segment led the global market in 2017 and is anticipated to witness significant growth over the forecast period. The rising awareness regarding skin health and increasing demand for anti-aging creams are some of the factors driving this segment. Furthermore, growing preference for organic products is expected to have a positive impact on industry growth over the next eight years.
Skin care includes various application segments such as cleansers, toners, moisturizers, anti-aging products along with surgical scrubs and treatments that are used at different stages of life such as acne scars or marks removal.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to rising demand for personal care products in countries, such as China and India. Factors, such as increasing population and rising consumer spending on beauty products are also driving the market growth in APAC.
Europe was estimated to be valued at USD X billion in 2017 owing to high demand from several key markets including Germany, U.K., France, Italy and Spain among others. North America is projected to witness significant growth over the next eight years due its growing R&D activities coupled with new product launches by companies like L’Or©al SA; Shiseido Group; Avon Inc.; Colgate-Palmolive Co.; Unilever Ltd.; Johnson & Johnson Services Inc.; Est©e Lauder Cos Inc.
Growth Factors:
- Increasing demand for natural and organic personal care products
- Rising awareness about the benefits of personal care products
- Growing demand from emerging markets
- Proliferation of online retailing
- Innovation in product offerings
Scope Of The Report
Report Attributes
Report Details
Report Title
Personal Care Product Contract Manufacturing Market Research Report
By Type
Manufacturing, Custom Formulation and R&D, Packaging
By Application
Skin Care, Hair Care, Make-up & Color Cosmetics, Fragrances & Deodorants, Others
By Companies
VVF India Limited, A.I.G. Technologies, Inc., Sarvotham Care Limited, Nutrix, Formula Corp., Mansfield-King, LLC (MK), Tropical Products, Inc., Sensible Organics, ApolloCorp, Inc., CoValence Laboratories, McBride plc, RCP Ranstadt GmbH, Beautech Industries Limited, Skinlys, Alkos Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Personal Care Product Contract Manufacturing Market Report Segments:
The global Personal Care Product Contract Manufacturing market is segmented on the basis of:
Types
Manufacturing, Custom Formulation and R&D, Packaging
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Skin Care, Hair Care, Make-up & Color Cosmetics, Fragrances & Deodorants, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- VVF India Limited
- A.I.G. Technologies, Inc.
- Sarvotham Care Limited
- Nutrix
- Formula Corp.
- Mansfield-King, LLC (MK)
- Tropical Products, Inc.
- Sensible Organics
- ApolloCorp, Inc.
- CoValence Laboratories
- McBride plc
- RCP Ranstadt GmbH
- Beautech Industries Limited
- Skinlys
- Alkos Group
Highlights of The Personal Care Product Contract Manufacturing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manufacturing
- Custom Formulation and R&D
- Packaging
- By Application:
- Skin Care
- Hair Care
- Make-up & Color Cosmetics
- Fragrances & Deodorants
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Personal Care Product Contract Manufacturing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Personal care product contract manufacturing is a process where a company manufactures products for other companies. This can include things like personal care items, such as shampoos and conditioners, or food items, such as snacks. Contract manufacturers typically have very short timelines and need to quickly produce high-quality products.
Some of the major players in the personal care product contract manufacturing market are VVF India Limited, A.I.G. Technologies, Inc., Sarvotham Care Limited, Nutrix, Formula Corp., Mansfield-King, LLC (MK), Tropical Products, Inc., Sensible Organics, ApolloCorp, Inc., CoValence Laboratories, McBride plc, RCP Ranstadt GmbH, Beautech Industries Limited, Skinlys, Alkos Group.
The personal care product contract manufacturing market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Personal Care Product Contract Manufacturing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Personal Care Product Contract Manufacturing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Personal Care Product Contract Manufacturing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Personal Care Product Contract Manufacturing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Personal Care Product Contract Manufacturing Market Size & Forecast, 2018-2028
4.5.1 Personal Care Product Contract Manufacturing Market Size and Y-o-Y Growth
4.5.2 Personal Care Product Contract Manufacturing Market Absolute $ Opportunity
Chapter 5 Global Personal Care Product Contract Manufacturing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Personal Care Product Contract Manufacturing Market Size Forecast by Type
5.2.1 Manufacturing
5.2.2 Custom Formulation and R&D
5.2.3 Packaging
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Personal Care Product Contract Manufacturing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Personal Care Product Contract Manufacturing Market Size Forecast by Applications
6.2.1 Skin Care
6.2.2 Hair Care
6.2.3 Make-up & Color Cosmetics
6.2.4 Fragrances & Deodorants
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Personal Care Product Contract Manufacturing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Personal Care Product Contract Manufacturing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Personal Care Product Contract Manufacturing Analysis and Forecast
9.1 Introduction
9.2 North America Personal Care Product Contract Manufacturing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Personal Care Product Contract Manufacturing Market Size Forecast by Type
9.6.1 Manufacturing
9.6.2 Custom Formulation and R&D
9.6.3 Packaging
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Personal Care Product Contract Manufacturing Market Size Forecast by Applications
9.10.1 Skin Care
9.10.2 Hair Care
9.10.3 Make-up & Color Cosmetics
9.10.4 Fragrances & Deodorants
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Personal Care Product Contract Manufacturing Analysis and Forecast
10.1 Introduction
10.2 Europe Personal Care Product Contract Manufacturing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Personal Care Product Contract Manufacturing Market Size Forecast by Type
10.6.1 Manufacturing
10.6.2 Custom Formulation and R&D
10.6.3 Packaging
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Personal Care Product Contract Manufacturing Market Size Forecast by Applications
10.10.1 Skin Care
10.10.2 Hair Care
10.10.3 Make-up & Color Cosmetics
10.10.4 Fragrances & Deodorants
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Personal Care Product Contract Manufacturing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Personal Care Product Contract Manufacturing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Personal Care Product Contract Manufacturing Market Size Forecast by Type
11.6.1 Manufacturing
11.6.2 Custom Formulation and R&D
11.6.3 Packaging
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Personal Care Product Contract Manufacturing Market Size Forecast by Applications
11.10.1 Skin Care
11.10.2 Hair Care
11.10.3 Make-up & Color Cosmetics
11.10.4 Fragrances & Deodorants
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Personal Care Product Contract Manufacturing Analysis and Forecast
12.1 Introduction
12.2 Latin America Personal Care Product Contract Manufacturing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Personal Care Product Contract Manufacturing Market Size Forecast by Type
12.6.1 Manufacturing
12.6.2 Custom Formulation and R&D
12.6.3 Packaging
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Personal Care Product Contract Manufacturing Market Size Forecast by Applications
12.10.1 Skin Care
12.10.2 Hair Care
12.10.3 Make-up & Color Cosmetics
12.10.4 Fragrances & Deodorants
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Personal Care Product Contract Manufacturing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Personal Care Product Contract Manufacturing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Personal Care Product Contract Manufacturing Market Size Forecast by Type
13.6.1 Manufacturing
13.6.2 Custom Formulation and R&D
13.6.3 Packaging
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Personal Care Product Contract Manufacturing Market Size Forecast by Applications
13.10.1 Skin Care
13.10.2 Hair Care
13.10.3 Make-up & Color Cosmetics
13.10.4 Fragrances & Deodorants
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Personal Care Product Contract Manufacturing Market: Competitive Dashboard
14.2 Global Personal Care Product Contract Manufacturing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 VVF India Limited
14.3.2 A.I.G. Technologies, Inc.
14.3.3 Sarvotham Care Limited
14.3.4 Nutrix
14.3.5 Formula Corp.
14.3.6 Mansfield-King, LLC (MK)
14.3.7 Tropical Products, Inc.
14.3.8 Sensible Organics
14.3.9 ApolloCorp, Inc.
14.3.10 CoValence Laboratories
14.3.11 McBride plc
14.3.12 RCP Ranstadt GmbH
14.3.13 Beautech Industries Limited
14.3.14 Skinlys
14.3.15 Alkos Group
