Personal Care Contract Manufacturing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report
138 Pages
May 2023
Region: Global
IMARC Group
ID: 5820638

The global personal care contract manufacturing market size reached US$ 19.9 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 31.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8% during 2023-2028.

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:

The publisher 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 2023-2028. 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:

What was the size of the global personal care contract manufacturing market in 2022?
What is the expected growth rate of the global personal care contract manufacturing market during 2023-2028?
What are the key factors driving the global personal care contract manufacturing market?
What has been the impact of COVID-19 on the global personal care contract manufacturing market?
What is the breakup of the global personal care contract manufacturing market based on the service?
What are the key regions in the global personal care contract manufacturing market?
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

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$), 2017-2022
Figure 3: Global: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Personal Care Contract Manufacturing Market: Breakup by Product Types (in %), 2022
Figure 5: Global: Personal Care Contract Manufacturing Market: Breakup by Formulation (in %), 2022
Figure 6: Global: Personal Care Contract Manufacturing Market: Breakup by Service (in %), 2022
Figure 7: Global: Personal Care Contract Manufacturing Market: Breakup by Applications (in %), 2022
Figure 8: Global: Personal Care Contract Manufacturing Market: Breakup by Region (in %), 2022
Figure 9: Global: Personal Care Contract Manufacturing (Natural Products or Herbal Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Personal Care Contract Manufacturing (Natural Products or Herbal Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Personal Care Contract Manufacturing (Synthetic Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Personal Care Contract Manufacturing (Synthetic Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Personal Care Contract Manufacturing (Liquids) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Personal Care Contract Manufacturing (Liquids) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Personal Care Contract Manufacturing (Creams) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Personal Care Contract Manufacturing (Creams) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Personal Care Contract Manufacturing (Lotions) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Personal Care Contract Manufacturing (Lotions) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Personal Care Contract Manufacturing (Oils) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Personal Care Contract Manufacturing (Oils) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Personal Care Contract Manufacturing (Gels) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Personal Care Contract Manufacturing (Gels) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Personal Care Contract Manufacturing (Other Formulations) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Personal Care Contract Manufacturing (Other Formulations) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Personal Care Contract Manufacturing (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Personal Care Contract Manufacturing (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Personal Care Contract Manufacturing (Custom Formulation and R & D) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Personal Care Contract Manufacturing (Custom Formulation and R & D) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Personal Care Contract Manufacturing (Packaging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Personal Care Contract Manufacturing (Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Personal Care Contract Manufacturing (Other Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Personal Care Contract Manufacturing (Other Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Personal Care Contract Manufacturing (Skin Care) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Personal Care Contract Manufacturing (Skin Care) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Personal Care Contract Manufacturing (Hair Care) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Personal Care Contract Manufacturing (Hair Care) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Personal Care Contract Manufacturing (Make-Up and Color Cosmetics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Personal Care Contract Manufacturing (Make-Up and Color Cosmetics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Personal Care Contract Manufacturing (Fragrances and Deodorants) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Personal Care Contract Manufacturing (Fragrances and Deodorants) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Personal Care Contract Manufacturing (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Personal Care Contract Manufacturing (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: North America: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: North America: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: United States: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: United States: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Canada: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Canada: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Asia-Pacific: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Asia-Pacific: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: China: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: China: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Japan: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Japan: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: India: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: India: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: South Korea: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: South Korea: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Australia: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Australia: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Indonesia: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Indonesia: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Others: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Others: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Europe: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Europe: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Germany: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Germany: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: France: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: France: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: United Kingdom: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: United Kingdom: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Italy: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Italy: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Spain: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Spain: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Russia: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Russia: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Latin America: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Latin America: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Brazil: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Brazil: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Mexico: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Mexico: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Others: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Others: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Middle East and Africa: Personal Care Contract Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Middle East and Africa: Personal Care Contract Manufacturing Market: Breakup by Country (in %), 2022
Figure 91: Middle East and Africa: Personal Care Contract Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
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, 2022 and 2028
Table 2: Global: Personal Care Contract Manufacturing Market Forecast: Breakup by Product Types (in Million US$), 2023-2028
Table 3: Global: Personal Care Contract Manufacturing Market Forecast: Breakup by Formulation (in Million US$), 2023-2028
Table 4: Global: Personal Care Contract Manufacturing Market Forecast: Breakup by Service (in Million US$), 2023-2028
Table 5: Global: Personal Care Contract Manufacturing Market Forecast: Breakup by Applications (in Million US$), 2023-2028
Table 6: Global: Personal Care Contract Manufacturing Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Personal Care Contract Manufacturing Market: Competitive Structure
Table 8: Global: Personal Care Contract Manufacturing Market: Key Players

Companies Mentioned

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

Methodology

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Table Information

Report Attribute	Details
No. of Pages	138
Published	May 2023
Forecast Period	2022 - 2028
Estimated Market Value ( USD ) in 2022	$ 19.9 Billion
Forecasted Market Value ( USD ) by 2028	$ 31.9 Billion
Compound Annual Growth Rate	8.2%
Regions Covered	Global
No. of Companies Mentioned	11

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