Personal Care Contract Manufacturing Market Formulation (Creams, Liquids, Oils, Lotions, Gels, and Others), Service (Manufacturing, Custom Formulation and R&D, Packaging), Application (Haircare, Skincare, Fragrances & Deodorants, Makeup & Color Cosmetics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 22-Feb-2021 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-5847 Status : Published

According to the report published by Zion Market Research, global demand for the personal care contract manufacturing market was estimated at approximately USD 18,100.0 Million in 2019 and is anticipated to generate revenue of around USD 27,400.0 Million by end of 2026, growing at a CAGR of around 6.1% between 2020 and 2026.

Description

According to the report published by Zion Market Research, global demand for the personal care contract manufacturing market was estimated at approximately USD 18,100.0 Million in 2019 and is anticipated to generate revenue of around USD 27,400.0 Million by end of 2026, growing at a CAGR of around 6.1% between 2020 and 2026.

Global Personal Care Contract Manufacturing Market: Overview

It is really hard to manage the production when it comes to the production of personal care manufacturing products. In comparison, in-house processing is costly, while private labeling forces the manufacturer to tack on someone's other formulation to the brand. Thus, contract manufacturing is the alternative way to address this problem. The development of personal care contracts is a great approach for getting into the industry of personal care items such as hair and skincare. Contract manufacturing is a type of business relationship in which the producers manage the contract company's production. The manufacture of cosmetic contracts requires the manufacture of skincare, cosmetics for treatment, hair care, body care and products for personal use. A wide range of products such as sunless tanning lotions, fitness products, body beauty products and bath products are proposed by several contract manufacturers. Facial cleansers, shower gel and private label lotions are part of the body and bath products. Things, such as whipped body creams, liquid soaps, aftershaves, toners, astringents, are most widely used; lotions may be made on a contract basis.

Global Personal Care Contract Manufacturing Market: Growth Factors

Rising demand for organic anti-aging products is expected to fuel product demand over the forecast timeframe due to factors such as climate change, demanding lifestyles, and busy work schedules. Increasing customer worries about the authenticity of organic goods have culminated in the introduction of new manufacturers into the industry, which is projected to raise demand over the forecast timeframe for the production of personal care products. Growing demand in the evolving markets of China, India, and the Middle East is projected to fuel the growth of personal care products in the contract manufacturing sector due to increased awareness of self-grooming and hygiene, along with increased disposable income. The contract manufacturing industry in this area is expected to be bolstered by government initiatives such as Skill India that help manufacturing industries by supplying trained labor at economic wages. The presence of a vast number of contract manufacturers fighting for low-profit margins to offer attractive offers to formulators led the organization to remain successful in a very narrow passage. In combination with low margins, high acquisition costs tune up the risk factor in the sector, making it a major business constraint. These factors are likely to hamper the growth of the market in the years ahead. Nevertheless, The major players like P&G, Unilever, etc. are outsourcing mass production and have introduced the manufacturing of newer products to secure their intellectual property as well as to minimize the operational expense, which is projected to generate lucrative growth avenues for the global personal care contract manufacturing market in the coming years.

Global Personal Care Contract Manufacturing Market: Segmentation

The global personal care contract manufacturing market can be divided based on formulation, service, and application. Based on the formulation, the market is segmented into creams, liquids, oils, lotions, gels, and others. Based on service, the market is segmented into the custom formulation and r&d, manufacturing, and packaging. Based on the application, the market is sectored into haircare, skincare, fragrances & deodorants, make-up & color cosmetics, and others.

Region-wise, the global market is bifurcated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Personal Care Contract Manufacturing Market: Regional Analysis

Based on regions, the global personal care contract manufacturing market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific is currently leading the global personal care contract manufacturing market attributed to the growing demand for personal care products among youth in the developing economies including China and India. The demand is expected to be powered by the developed production industry in Japan, combined with the availability of advanced infrastructure and advanced R&D and custom formulation technologies. Europe is expected to witness moderate growth in the personal care contract manufacturing market. Latin America and the MEA region are expected to witness growth due to increasing pressure from the regulatory forces to improve the quality and functionality of personal care contract manufacturing.

Global Personal Care Contract Manufacturing Market: Competitive Players

The key players of the global personal care contract manufacturing market include A.I.G. Technologies, Alkos Group, Albea Beauty (Albea), Beautech Industries Limited, ApolloCorp, Inc., Cosmetic Essence Innovations, Colep UK Ltd., Fareva, Formula Corp., CoValence Laboratories, HCP Packaging, HatchBeauty, HCT Group, Maesa Group, Knowlton Development Corporation (KDC), McBride plc, Nutrix, KIK Custom Products, Mansfield-King, LLC (MK), Sarvotham Care Limited, RCP Ranstadt GmbH, Skinlys, Sensible Organics, Vi-Jon, Tropical Products, Inc., and VVF India Limited, among others.

 Personal Care Contract Manufacturing Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.2.Report Scope
  • Chapter 2.Research Methodulogy
    • 2.1.Research Methodulogy
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Personal Care Contract Manufacturing Market, 2016 – 2026 (USD Million)
    • 3.2.Global Personal Care Contract Manufacturing Market: Snapshot
  • Chapter 4.Personal Care Contract Manufacturing Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
      • 4.2.1.Driving Factor 1 Analysis
      • 4.2.2.Driving Factor 2 Analysis:
    • 4.3.Market Restraints
      • 4.3.1.Restraining Factor Analysis
    • 4.4.Market Opportunities
      • 4.4.1.Market Opportunity & Use-case Anaysis
      • 4.4.2.Use – Cases for Personal Care Contract Manufacturing
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
      • 4.6.1.1.Impact on Product Development and Technulogy Adoption
      • 4.6.1.2.Gap Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Personal Care Contract Manufacturing Market Attractiveness, By Formulation
    • 5.2.Global Personal Care Contract Manufacturing Market Attractiveness, By Service
    • 5.3.Global Personal Care Contract Manufacturing Market Attractiveness, By Application
    • 5.4.Global Personal Care Contract Manufacturing Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2019
      • 6.1.1.Global Personal Care Contract Manufacturing Market: Company Market Share, 2019
    • 6.2.Strategic Developments
  • Chapter 7.Personal Care Contract Manufacturing Market – Formulation Segment Analysis
    • 7.1.Global Personal Care Contract Manufacturing Market Overview: by Formulation
      • 7.1.1.Global Personal Care Contract Manufacturing Market Revenue Share, by Formulation, 2019 & 2026
    • 7.2.Global Personal Care Contract Manufacturing Market Analysis/Overview – By Formulation
      • 7.2.1.Liquids – Overview/Analysis
      • 7.2.2.Creams – Overview/Analysis
      • 7.2.3.Lotions – Overview/Analysis
      • 7.2.4.Oils – Overview/Analysis
      • 7.2.5.Gels – Overview/Analysis
      • 7.2.6.Others – Overview/Analysis
    • 7.3.Liquids
      • 7.3.1.Global Personal Care Contract Manufacturing Market for Liquids, Revenue (USD Million) 2016 - 2026
    • 7.4.Creams
      • 7.4.1.Global Personal Care Contract Manufacturing Market for Creams, Revenue (USD Million) 2016 - 2026
    • 7.5.Lotions
      • 7.5.1.Global Personal Care Contract Manufacturing Market for Lotions, Revenue (USD Million) 2016 - 2026
    • 7.6.Oils
      • 7.6.1.Global Personal Care Contract Manufacturing Market for Oils, Revenue (USD Million) 2016 - 2026
    • 7.7.Gels
      • 7.7.1.Global Personal Care Contract Manufacturing Market for Gels, Revenue (USD Million) 2016 - 2026
    • 7.8.Others
      • 7.8.1.Global Personal Care Contract Manufacturing Market for Others, Revenue (USD Million) 2016 - 2026
  • Chapter 8.Personal Care Contract Manufacturing Market – Service Segment Analysis
    • 8.1.Global Personal Care Contract Manufacturing Market Overview: by Service
      • 8.1.1.Global Personal Care Contract Manufacturing Market Revenue Share, by Service, 2019 & 2026
    • 8.2.Global Personal Care Contract Manufacturing Market Analysis/Overview – By Service
      • 8.2.1.Manufacturing – Overview/Analysis
      • 8.2.2.Custom Formulation and R&D – Overview/Analysis
      • 8.2.3.Packaging – Overview/Analysis
    • 8.3.Manufacturing
      • 8.3.1.Global Personal Care Contract Manufacturing Market for Manufacturing, Revenue (USD Million) 2016 - 2026
    • 8.4.Custom Formulation and R&D
      • 8.4.1.Global Personal Care Contract Manufacturing Market for Custom Formulation and R&D, Revenue (USD Million) 2016 - 2026
    • 8.5.Packaging
      • 8.5.1.Global Personal Care Contract Manufacturing Market for Packaging, Revenue (USD Million) 2016 - 2026
  • Chapter 9.Personal Care Contract Manufacturing Market – Application Segment Analysis
    • 9.1.Global Personal Care Contract Manufacturing Market Overview: by Application
      • 9.1.1.Global Personal Care Contract Manufacturing Market Revenue Share, by Application, 2019 & 2026
    • 9.2.Global Personal Care Contract Manufacturing Market Analysis/Overview – By Application
      • 9.2.1.Skincare – Overview/Analysis
      • 9.2.2.Haircare – Overview/Analysis
      • 9.2.3.Make up & Culor Cosmetics – Overview/Analysis
      • 9.2.4.Fragrances & Deodorants – Overview/Analysis
      • 9.2.5.Others – Overview/Analysis
    • 9.3.Skincare
      • 9.3.1.Global Personal Care Contract Manufacturing Market for Skincare, Revenue (USD Million) 2016 - 2026
    • 9.4.Haircare
      • 9.4.1.Global Personal Care Contract Manufacturing Market for Haircare, Revenue (USD Million) 2016 - 2026
    • 9.5.Make up & Culor Cosmetics
      • 9.5.1.Global Personal Care Contract Manufacturing Market for Make up & Culor Cosmetics, Revenue (USD Million) 2016 - 2026
    • 9.6.Fragrances & Deodorants
      • 9.6.1.Global Personal Care Contract Manufacturing Market for Fragrances & Deodorants, Revenue (USD Million) 2016 - 2026
    • 9.7.Others
      • 9.7.1.Global Personal Care Contract Manufacturing Market for Others, Revenue (USD Million) 2016 - 2026
  • Chapter 10.Personal Care Contract Manufacturing Market – Regional Analysis
    • 10.1.Global Personal Care Contract Manufacturing Market: Regional Overview
      • 10.1.1.Global Personal Care Contract Manufacturing Market Revenue Share, by Region, 2019 & 2026
      • 10.1.2.Global Personal Care Contract Manufacturing Market Revenue, by Region, 2016 – 2026 (USD Million)
    • 10.2.North America
      • 10.2.1.North America Personal Care Contract Manufacturing Market Revenue, 2016 - 2026 (USD Million)
      • 10.2.2.North America Personal Care Contract Manufacturing Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.2.3.North America Personal Care Contract Manufacturing Market Revenue, by Formulation, 2016 – 2026
      • 10.2.4.North America Personal Care Contract Manufacturing Market Revenue, by Service, 2016 – 2026
      • 10.2.5.North America Personal Care Contract Manufacturing Market Revenue, by Application, 2016 – 2026
      • 10.2.6. U.S.
      • 10.2.7.Canada
    • 10.3.Europe
      • 10.3.1.Europe Personal Care Contract Manufacturing Market Revenue, 2016 - 2026 (USD Million)
      • 10.3.2.Europe Personal Care Contract Manufacturing Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.3.3.Europe Personal Care Contract Manufacturing Market Revenue, by Formulation, 2016 – 2026
      • 10.3.4.Europe Personal Care Contract Manufacturing Market Revenue, by Service, 2016 – 2026
      • 10.3.5.Europe Personal Care Contract Manufacturing Market Revenue, by Application, 2016 – 2026
      • 10.3.6.Germany
      • 10.3.7.France
      • 10.3.8. U.K.
      • 10.3.9.Italy
      • 10.3.10.Spain
      • 10.3.11.Rest of Europe
    • 10.4.Asia Pacific
      • 10.4.1.Asia Pacific Personal Care Contract Manufacturing Market Revenue, 2016 - 2026 (USD Million)
      • 10.4.2.Asia Pacific Personal Care Contract Manufacturing Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.4.3.Asia Pacific Personal Care Contract Manufacturing Market Revenue, by Formulation, 2016 – 2026
      • 10.4.4.Asia Pacific Personal Care Contract Manufacturing Market Revenue, by Service, 2016 – 2026
      • 10.4.5.Asia Pacific Personal Care Contract Manufacturing Market Revenue, by Application, 2016 – 2026
      • 10.4.6.China
      • 10.4.7.Japan
      • 10.4.8.India
      • 10.4.9.South Korea
      • 10.4.10.South-East Asia
      • 10.4.11.Rest of Asia Pacific
    • 10.5.Latin America
      • 10.5.1.Latin America Personal Care Contract Manufacturing Market Revenue, 2016 - 2026 (USD Million)
      • 10.5.2.Latin America Personal Care Contract Manufacturing Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.5.3.Latin America Personal Care Contract Manufacturing Market Revenue, by Formulation, 2016 – 2026
      • 10.5.4.Latin America Personal Care Contract Manufacturing Market Revenue, by Service, 2016 – 2026
      • 10.5.5.Latin America Personal Care Contract Manufacturing Market Revenue, by Application, 2016 – 2026
      • 10.5.6.Brazil
      • 10.5.7.Mexico
      • 10.5.8.Rest of Latin America
    • 10.6.The Middle-East and Africa
      • 10.6.1.The Middle-East and Africa Personal Care Contract Manufacturing Market Revenue, 2016 - 2026 (USD Million)
      • 10.6.2.The Middle-East and Africa Personal Care Contract Manufacturing Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.6.3.The Middle-East and Africa Personal Care Contract Manufacturing Market Revenue, by Formulation, 2016 – 2026
      • 10.6.4.The Middle-East and Africa Personal Care Contract Manufacturing Market Revenue, by Service, 2016 – 2026
      • 10.6.5.The Middle-East and Africa Personal Care Contract Manufacturing Market Revenue, by Application, 2016 – 2026
      • 10.6.6.GCC Countries
      • 10.6.7.South Africa
      • 10.6.8.Rest of Middle-East Africa
  • Chapter 11.Company Profiles
    • 11.1.A.I.G. Technulogies
      • 11.1.1.Company Overview
      • 11.1.2.Financial Overview
      • 11.1.3.Product Portfulio
      • 11.1.4.Business Strategy
      • 11.1.5.Recent Developments
    • 11.2.Alkos Group
    • 11.3.Albea Beauty (Albea)
    • 11.4.Beautech Industries Limited
    • 11.5.ApulloCorp, Inc.
    • 11.6.Cosmetic Essence Innovations
    • 11.7.Culep UK Ltd.
    • 11.8.Fareva, Formula Corp.
    • 11.9.CoValence Laboratories
    • 11.1.HCP Packaging
    • 11.11.HatchBeauty
    • 11.12.HCT Group
    • 11.13.Maesa Group
    • 11.14.Knowlton Development Corporation (KDC)
    • 11.15.McBride plc
    • 11.16.Nutrix
    • 11.17.KIK Custom Products
    • 11.18.Mansfield-King, LLC (MK)
    • 11.19.Sarvotham Care Limited
    • 11.2.RCP Ranstadt GmbH
    • 11.21.Skinlys
    • 11.22.Sensible Organics
    • 11.23.Vi-Jon
    • 11.24.Tropical Products, Inc.
    • 11.25.VVF India Limited

Methodology


Frequently Asked Questions

Rising demand for organic anti-aging products is expected to fuel product demand over the forecast timeframe due to factors such as climate change, demanding lifestyles, and busy work schedules. Increasing customer worries about the authenticity of organic goods have culminated in the introduction of new manufacturers into the industry, which is projected to raise demand over the forecast timeframe for the production of personal care products.

According to Zion Market Research, global demand for personal care contract manufacturing market is expected to generate revenue of around USD 27,400.0 Million by end of 2026, growing at a CAGR of around 6.1% between 2020 and 2026.

Asia Pacific is currently leading the global personal care contract manufacturing market attributed to the growing demand for personal care products among youth in the developing economies including China and India.

Some main participants of the personal care contract manufacturing market are A.I.G. Technologies, Alkos Group, Albea Beauty (Albea), Beautech Industries Limited, ApolloCorp, Inc., Cosmetic Essence Innovations, Colep UK Ltd., Fareva, Formula Corp., CoValence Laboratories, HCP Packaging, HatchBeauty, HCT Group, Maesa Group, Knowlton Development Corporation (KDC), McBride plc, Nutrix, KIK Custom Products, Mansfield-King, LLC (MK), Sarvotham Care Limited, RCP Ranstadt GmbH, Skinlys, Sensible Organics, Vi-Jon, Tropical Products, Inc., and VVF India Limited, among others.

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