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Global personal care contract manufacturing market is anticipated to grow at a substantial CAGR of 12.4% during the forecast period (2024-2031). The contract manufacturers develop various personal care products such as skincare products, hair care, hygiene-related, and fragrances, among others. Increasing consumer demand for more sustainable materials has significantly increased new packaging product launches which led to the market growth. Additionally, partnerships and collaborations with cosmetic brands are accelerating the market growth during the forecast period.
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Recent Advancements in the Global Personal Care Contract Manufacturing Market
- In February 2023, BASF created healthy beauty through R&D innovation and sustainable lifestyles. Themed around sustainable technology perfecting healthy beauty, BASF showcased its innovative personal care solutions at the 2023 personal care and homecare ingredients.
- In June 2022, Kolmar Korea planned to acquire a stake of 55.0% in Yonwoo, a Korean producer of packaging solutions for skincare, personal care, and beauty at a value of $ 221.6 million.
- In January 2022, Madi Solutions LLC (Madi) announced that it has entered into a partnership with KE Enterprises for the research, design, and manufacturing of biodegradable and compostable packaging fabric.
Full report of Personal Care Contract Manufacturing Market available @ https://www.omrglobal.com/industry-reports/personal-care-contract-manufacturing-market
Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered-
o By Product Type
o By Application
o By Service Type
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- A.I.G. Technologies, Inc., Albéa Services S.A.S., Cosmax Inc., McBride plc, and Voyant Beauty, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Personal Care Contract Manufacturing Market Report Segment
By Product Type
- Skincare
- Hair care
- Make-up & Cosmetics
- Others (Fragrances, and Bath and Shower Products)
By Service Type
- R&D and Formulation
- Manufacturing
- Packaging & Allied Services
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/personal-care-contract-manufacturing-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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