Personal Care Contract Manufacturing Market Size
Retail And Wholesale

Insights Into The Personal Care Contract Manufacturing Market’s Growth Opportunities Through 2023-2032 – Includes Personal Care Contract Manufacturing Market Report

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The expansion of the cosmetic sector is likely to drive innovation in personal care contract manufacturing, propelling the market during the forecast period.

 

The global personal care contract manufacturing market is expected to grow from $19.48 billion in 2022 to $21.07 billion in 2023 at a compound annual growth rate (CAGR) of 8.18%. The global personal care contract manufacturing market size is expected to reach $29.65 billion in 2027 at a CAGR of 8.91%.

 

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Global Personal Care Contract Manufacturing Market Segments Include:

  • By Product Type: Skin Care, Hair Care, Make-Up And Cosmetics, Other Product Types
  • By Service Type: Research And Development And Formulation, Manufacturing, Packaging And Allied Services
  • By Formulation: Liquids, Creams, Lotions, Oils, Gels
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global personal care contract manufacturing market in 2021.

 

Major Market Players in the personal care contract manufacturing market include VVF Limited, A.I.G. Technologies Inc., Sarvotham Care Limited, Nutrix International LLC., Formula Corporation, Mansfield-King, Tropical Products Inc, Sensible Organics.

 

Product innovation is a major trend that is gaining traction in the personal care contract manufacturing sector. To increase their market position, major players in the personal care contract manufacturing industry are focusing on introducing novel goods. For example, Colgate-Palmolive Company, a US-based manufacturer of personal care and oral hygiene products, will launch Total Plaque Pro-Release toothpaste in March 2022. Total Plaque Pro-Release toothpaste delivers continuous antibacterial defence throughout the day and night and has been clinically proven to significantly reduce hazardous plaque bacteria between dental appointments. Colgate Total Plaque Pro-Release’s breakthrough treatment uses Smart Foam Technology to access tight places and eradicate plaque bacteria at the gum line. This innovative formula makes use of the potency of stannous fluoride, a chemical that aids in the reduction of plaque bacteria.

 

The Personal Care Contract Manufacturing Global Market Report 2023  provides a personal care contract manufacturing market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The personal care contract manufacturing market forecast analyzes personal care contract manufacturing market size, personal care contract manufacturing market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

Personal care contract manufacturing occurs when two companies agree to develop parts or goods for personal care products over a set period of time.

 

Explore Similar Reports From The Business Research Company:

Personal Services Global Market Report 2023

Personal Care Services Global Market Report 2023

Contract Development Manufacturing Organizations Global Market Report 2023

 

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