Kolmar Korea, Oxygen Development, Mana Products, HSA Cosmetics, Nox Bellcow Cosmetics, Faber Castell Cosmetics are some of the major key players.
Cosmetics Contract Manufacturing Market Value and CAGR
The process of outsourcing the production of cosmetics and personal care products to a third-party manufacturer is known as cosmetics contract manufacturing. This arrangement enables cosmetic companies to outsource all or a portion of their manufacturing process, from raw material sourcing and formulation to packaging and shipping.
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From 2018 to 2028, the global cosmetics contract manufacturing market is expected to grow at a 5.9% CAGR. The increasing demand for natural and organic cosmetics, the rising trend of private label cosmetics, and the growing popularity of K-beauty products are driving the market.
However, high raw material costs and stringent government regulations are impeding market growth. Furthermore, the threats of counterfeiting and the grey market are limiting market growth.
Cosmetics Contract Manufacturing Market Growth Drivers and Risks
Growth drivers include:
Increasing consumer demand for personalized cosmetic products: Customers are increasingly looking for products that are tailored to their specific needs and preferences. This trend has increased demand for contract manufacturing services, which can provide customized products in small batches.
Cost-effectiveness: Contract manufacturing is a cost-effective option for businesses looking to cut production costs. Companies can save money on labor, equipment, and other production costs by outsourcing the manufacturing process.
Risks:
Quality control issues: One of the most significant risks associated with contract manufacturing is the possibility of quality control problems. If a contract manufacturer fails to meet high standards, it can result in product defects, recalls, and brand reputation damage.
Contract manufacturers may have access to a company's proprietary information, such as trade secrets, formulations, and designs. This raises the possibility of intellectual property theft, which could jeo pardise the company's competitive advantage.
Cosmetics Contract Manufacturing Market Keyplayers
By Company
Cosmetics Contract Manufacturing Market Segmentations
By Products
By Product Form
By Cosmetic Type
Table of content
1. Market Background
1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Strategic Recommendations
3. Global Cosmetics Contract Manufacturing Market: Historic and Forecast (2018-2028)
3.1 Impact Analysis of Macro Economic Factors on the Cosmetics Contract Manufacturing Market
3.2 Investments in the R&D sector by Contract Manufacturers
3.3 Cost Structure Analysis
3.4 Global Cosmetics Contract Manufacturing Market: Dashboard
3.5 Global Cosmetics Contract Manufacturing Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
3.6 Impact of COVID-19 on the Cosmetics Contract Manufacturing Market
3.7 Global Cosmetics Contract Manufacturing Market Segmentation: By Products
3.7.1 Global Cosmetics Contract Manufacturing Market, By Products Overview
3.7.2 Global Cosmetics Contract Manufacturing Market Size, By Skincare, By Value, 2018H-2028F (USD Billion & CAGR)
3.7.3 Global Cosmetics Contract Manufacturing Market Size, By Hair & Body Care, By Value, 2018H-2028F (USD Billion & CAGR)
3.7.4 Global Cosmetics Contract Manufacturing Market Size, By Makeup & Color Cosmetics, By Value, 2018H-2028F (USD Billion & CAGR)
3.7.5 Global Cosmetics Contract Manufacturing Market Size, By Other Products, By Value, 2018H-2028F (USD Billion & CAGR)
3.8 Global Cosmetics Contract Manufacturing Market Segmentation: By Product Form
3.8.1 Global Cosmetics Contract Manufacturing Market, By Product Form Overview
3.8.2 Global Cosmetics Contract Manufacturing Market Size, By Creams & Lotions, By Value, 2018H-2028F (USD Billion & CAGR)
3.8.3 Global Cosmetics Contract Manufacturing Market Size, By Gels, By Value, 2018H-2028F (USD Billion & CAGR)
3.8.4 Global Cosmetics Contract Manufacturing Market Size, By Liquids & Suspensions, By Value, 2018H-2028F (USD Billion & CAGR)
3.8.5 Global Cosmetics Contract Manufacturing Market Size, By Other Product Forms, By Value, 2018H-2028F (USD Billion & CAGR)
3.9 Global Cosmetics Contract Manufacturing Market Segmentation: By Cosmetic Type
3.9.1 Global Cosmetics Contract Manufacturing Market, By Cosmetic Type Overview
3.9.2 Global Cosmetics Contract Manufacturing Market Size, By Organic, By Value, 2018H-2028F (USD Billion & CAGR)
3.9.3 Global Cosmetics Contract Manufacturing Market Size, By Conventional, By Value, 2018H-2028F (USD Billion & CAGR)
4. Global Cosmetics Contract Manufacturing Market, Region Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
5. Americas Cosmetics Contract Manufacturing Market: Historic and Forecast (2018-2028)
5.1 Americas Cosmetics Contract Manufacturing Market: Snapshot
5.2 Americas Cosmetics Contract Manufacturing Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
5.3 Americas Cosmetics Contract Manufacturing Market: Key Factors
5.4 Americas Cosmetics Contract Manufacturing Market Segmentation: By Products
5.4.1 Americas Cosmetics Contract Manufacturing Market, By Products Overview
5.4.2 Americas Cosmetics Contract Manufacturing Market Size, By Skincare, By Value, 2018H-2028F (USD Billion & CAGR
5.4.3 Americas Cosmetics Contract Manufacturing Market Size, By Hair & Body care, By Value, 2018H-2028F (USD Billion & CAGR)
5.4.4 Americas Cosmetics Contract Manufacturing Market Size, By Makeup & Color Cosmetics, By Value, 2018H-2028F (USD Billion & CAGR)
5.4.5 Americas Cosmetics Contract Manufacturing Market Size, By Other Products, By Value, 2018H-2028F (USD Billion & CAGR)
5.5 Americas Cosmetics Contract Manufacturing Market Segmentation: By Product Form
5.5.1 Americas Cosmetics Contract Manufacturing Market, By Product Form Overview
5.5.2 Americas Cosmetics Contract Manufacturing Market Size, By Creams and Lotions, By Value, 2018H-2028F (USD Billion & CAGR)
5.5.3 Americas Cosmetics Contract Manufacturing Market Size, By Gels, By Value, 2018H-2028F (USD Billion & CAGR)
5.5.4 Americas Cosmetics Contract Manufacturing Market Size, By Liquids & Suspensions, By Value, 2018H-2028F (USD Billion & CAGR)
5.5.5 Americas Cosmetics Contract Manufacturing Market Size, By Other Product Forms, By Value, 2018H-2028F (USD Billion & CAGR)
5.6 Americas Cosmetics Contract Manufacturing Market Segmentation: By Cosmetic Type
5.6.1 Americas Cosmetics Contract Manufacturing Market, By Cosmetic Type Overview
5.6.2 Americas Cosmetics Contract Manufacturing Market Size, By Organic, By Value, 2018H-2028F (USD Billion & CAGR)
5.6.3 Americas Cosmetics Contract Manufacturing Market Size, By Conventional, By Value, 2018H-2028F (USD Billion & CAGR)
5.7 Americas Cosmetics Contract Manufacturing Market Segmentation: By Country
5.7.1 United States Cosmetics Contract Manufacturing Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
5.7.1.1 United States Cosmetics Contract Manufacturing Market, By Products
5.7.1.2 United States Cosmetics Contract Manufacturing Market, By Product Form
5.7.1.3 United States Cosmetics Contract Manufacturing Market, By Cosmetic Type
5.7.2 Canada Cosmetics Contract Manufacturing Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
5.7.2.1 Canada Cosmetics Contract Manufacturing Market, By Products
5.7.2.3 Canada Cosmetics Contract Manufacturing Market, By Product Form
5.7.2.4 Canada Cosmetics Contract Manufacturing Market, By Cosmetic Type
5.7.2 Rest of Americas Cosmetics Contract Manufacturing Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
5.7.3.1 Rest of Americas Cosmetics Contract Manufacturing Market, By Products
5.7.3.3 Rest of Americas Cosmetics Contract Manufacturing Market, By Product Form
5.7.3.4 Rest of Americas Cosmetics Contract Manufacturing Market, By Cosmetic Type e of content
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Mar 13, 2023