Personal Care CMO And CDMO Market Size, Share & Trends Analysis Report By Services, By Product Category, By Form (Creams & Lotions, Gels, Liquids & Suspensions), By Region, And Segment Forecasts, 2024 - 2030
Personal Care CMO And CDMO Market Growth & Trends
The global personal care CMO and CDMO market size is expected to reach USD 36.99 billion by 2030, growing at a CAGR of 4.81% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing flexibility, scalability, and quality assurance are anticipated to positively influence the personal care contract research organizations (CRO) and contract development & manufacturing organizations (CDMO) industry. In addition, contract manufacturing has observed significant demand due to the increasing number of cosmetic brands and extensive demand for various ingredient-based cosmetics and skincare product ranges.
Cosmetics contract manufacturing has witnessed rapid growth, owing to the rising requirement for personal care products that can enhance skin texture and appearance. Besides, low operational costs, reduced time to reach market, and high return on investment make contract manufacturing a preferred option in the cosmetic industry. Hence, this is expected to create demand for personal care CMO & CDMO.
The cosmetics industry is marked by intense rivalry wherein companies are opting for different marketing strategies to sustain competition. Furthermore, trends in the cosmetics and personal care industry for expertise and experience, flexibility & scalability, quality assurance, and time & resource savings are anticipated to drive market growth over the estimated period. This factor has led to rapid product development and market entry.
Personal care CMO & CDMO is highly beneficial for the manufacturers as it helps them create innovative products allowing market leadership. Also, the expertise provided by the outsourcing partners supports minimizing the manufacturing costs and time for development and market launching. Such factors are anticipated to drive the market over the estimated period.
Personal Care CMO And CDMO Market Report Highlights
- The manufacturing service segment dominated the market in 2023. This can be attributed to the reduced manufacturing costs and increased high-quality cosmetics and skincare product manufacturing.
- Based on product, the skincare segment held the largest market share in 2023, attributed to the growing ingredient selection and texture innovation. In addition, cost-effectiveness is the major factor contributing to this segment’s growth.
- Based on form, the creams & lotions segment held a market share of around 45.00% in 2023. The segment is driven by the growing consumer base and robust demand for creams & lotions for various skin types, contributing to its prominence in this field
- Asia Pacific dominated the personal care CMO & CDMO industry with a share of 49.75% in 2023. The region has a strong R&D infrastructure and an established cosmetic and personal care industry, contributing to market growth
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Services
- 1.2.2. Products
- 1.2.3. Form
- 1.2.4. Regional scope
- 1.2.5. Estimates and forecasts timeline
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased database
- 1.4.2. GVR’s internal database
- 1.4.3. Secondary sources
- 1.4.4. Primary research
- 1.4.5. Details of primary research
- 1.4.5.1. Data for primary interviews in North America
- 1.4.5.2. Data for primary interviews in Europe
- 1.4.5.3. Data for primary interviews in Asia Pacific
- 1.4.5.4. Data for primary interviews in Latin America
- 1.4.5.5. Data for Primary interviews in MEA
- 1.5. Information or Data Analysis
- 1.5.1. Data analysis models
- 1.6. Market Formulation & Validation
- 1.7. Model Details
- 1.7.1. Commodity flow analysis (Model 1)
- 1.7.2. Approach 1: Commodity flow approach
- 1.7.3. Volume price analysis (Model 2)
- 1.7.4. Approach 2: Volume price analysis
- 1.8. List of Secondary Sources
- 1.9. List of Primary Sources
- 1.10. Objectives
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Services outlook
- 2.2.2. Product Category outlook
- 2.2.3. Form outlook
- 2.2.4. Regional outlook
- 2.3. Competitive Insights
- Chapter 3. Personal Care CMO & CDMO Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.1.1. Growing demand for sustainable and clean beauty products
- 3.2.1.2. Rising brand recognition
- 3.2.1.3. Increasingly personalized skincare solutions
- 3.2.1.4. Technology integration
- 3.2.1.5. Cost-effectiveness advantage
- 3.2.2. Market restraint analysis
- 3.2.2.1. Intellectual property protection
- 3.3. Personal Care CMO & CDMO Market Analysis Tools
- 3.3.1. Industry Analysis - Porter’s
- 3.3.1.1. Supplier power
- 3.3.1.2. Buyer power
- 3.3.1.3. Substitution threat
- 3.3.1.4. Threat of new entrant
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- Chapter 4. Personal Care CMO & CDMO Market: Services Estimates & Trend Analysis
- 4.1. Services Market Share, 2023 & 2030
- 4.2. Segment Dashboard
- 4.3. Global Personal Care CMO & CDMO Market by Services Outlook
- 4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 4.4.1. Formulations
- 4.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.2. Documentation
- 4.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.3. Manufacturing
- 4.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.4. Packaging
- 4.4.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.5. Logistics
- 4.4.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.6. Others
- 4.4.6.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- Chapter 5. Personal Care CMO & CDMO Market: Product Category Estimates & Trend Analysis
- 5.1. Product Category Market Share, 2023 & 2030
- 5.2. Segment Dashboard
- 5.3. Global Personal Care CMO & CDMO Market by Product Category Outlook
- 5.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 5.4.1. Skincare
- 5.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.2. Hair & Body Care
- 5.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.3. Makeup & Color Cosmetics
- 5.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.4. Others
- 5.4.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- Chapter 6. Personal Care CMO & CDMO Market: Form Estimates & Trend Analysis
- 6.1. Form Market Share, 2023 & 2030
- 6.2. Segment Dashboard
- 6.3. Global Personal Care CMO & CDMO Market by Form Outlook
- 6.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 6.4.1. Creams & lotions
- 6.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.2. Gels
- 6.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.3. Liquids & Suspensions
- 6.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.4. Others
- 6.4.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- Chapter 7. Personal Care CMO & CDMO Market: Regional Estimates & Trend Analysis
- 7.1. Regional Market Share Analysis, 2023 & 2030
- 7.2. Regional Market Dashboard
- 7.3. Global Regional Market Snapshot
- 7.4. Market Size, & Forecasts Trend Analysis, 2018 to 2030:
- 7.5. North America
- 7.5.1. U.S.
- 7.5.1.1. Key country dynamics
- 7.5.1.2. Regulatory scenario
- 7.5.1.3. Competitive scenario
- 7.5.1.4. U.S. market estimates and forecasts 2018 to 2030 (USD Million)
- 7.5.2. Canada
- 7.5.2.1. Key country dynamics
- 7.5.2.2. Regulatory scenario
- 7.5.2.3. Competitive scenario
- 7.5.2.4. Canada market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6. Europe
- 7.6.1. UK
- 7.6.1.1. Key country dynamics
- 7.6.1.2. Regulatory scenario
- 7.6.1.3. Competitive scenario
- 7.6.1.4. UK market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.2. Germany
- 7.6.2.1. Key country dynamics
- 7.6.2.2. Regulatory scenario
- 7.6.2.3. Competitive scenario
- 7.6.2.4. Germany market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.3. France
- 7.6.3.1. Key country dynamics
- 7.6.3.2. Regulatory scenario
- 7.6.3.3. Competitive scenario
- 7.6.3.4. France market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.4. Italy
- 7.6.4.1. Key country dynamics
- 7.6.4.2. Regulatory scenario
- 7.6.4.3. Competitive scenario
- 7.6.4.4. Italy market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.5. Spain
- 7.6.5.1. Key country dynamics
- 7.6.5.2. Regulatory scenario
- 7.6.5.3. Competitive scenario
- 7.6.5.4. Spain market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.6. Denmark
- 7.6.6.1. Key country dynamics
- 7.6.6.2. Regulatory scenario
- 7.6.6.3. Competitive scenario
- 7.6.6.4. Denmark market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.7. Sweden
- 7.6.7.1. Key country dynamics
- 7.6.7.2. Regulatory scenario
- 7.6.7.3. Competitive scenario
- 7.6.7.4. Sweden market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6.8. Norway
- 7.6.8.1. Key country dynamics
- 7.6.8.2. Regulatory scenario
- 7.6.8.3. Competitive scenario
- 7.6.8.4. Norway market estimates and forecasts 2018 to 2030 (USD Million)
- 7.7. Asia Pacific
- 7.7.1. China
- 7.7.1.1. Key country dynamics
- 7.7.1.2. Regulatory scenario
- 7.7.1.3. Competitive scenario
- 7.7.1.4. China market estimates and forecasts 2018 to 2030 (USD Million)
- 7.7.2. Japan
- 7.7.2.1. Key country dynamics
- 7.7.2.2. Regulatory scenario
- 7.7.2.3. Competitive scenario
- 7.7.2.4. Japan market estimates and forecasts 2018 to 2030 (USD Million)
- 7.7.3. India
- 7.7.3.1. Key country dynamics
- 7.7.3.2. Regulatory scenario
- 7.7.3.3. Competitive scenario
- 7.7.3.4. India market estimates and forecasts 2018 to 2030 (USD Million)
- 7.7.4. Australia
- 7.7.4.1. Key country dynamics
- 7.7.4.2. Regulatory scenario
- 7.7.4.3. Competitive scenario
- 7.7.4.4. Australia market estimates and forecasts 2018 to 2030 (USD Million)
- 7.7.5. South Korea
- 7.7.5.1. Key country dynamics
- 7.7.5.2. Regulatory scenario
- 7.7.5.3. Competitive scenario
- 7.7.5.4. South Korea market estimates and forecasts 2018 to 2030 (USD Million)
- 7.7.6. Thailand
- 7.7.6.1. Key country dynamics
- 7.7.6.2. Regulatory scenario
- 7.7.6.3. Competitive scenario
- 7.7.6.4. Thailand market estimates and forecasts 2018 to 2030 (USD Million)
- 7.8. Latin America
- 7.8.1. Brazil
- 7.8.1.1. Key country dynamics
- 7.8.1.2. Regulatory scenario
- 7.8.1.3. Competitive scenario
- 7.8.1.4. Brazil market estimates and forecasts 2018 to 2030 (USD Million)
- 7.8.2. Mexico
- 7.8.2.1. Key country dynamics
- 7.8.2.2. Regulatory scenario
- 7.8.2.3. Competitive scenario
- 7.8.2.4. Mexico market estimates and forecasts 2018 to 2030 (USD Million)
- 7.8.3. Argentina
- 7.8.3.1. Key country dynamics
- 7.8.3.2. Regulatory scenario
- 7.8.3.3. Competitive scenario
- 7.8.3.4. Argentina market estimates and forecasts 2018 to 2030 (USD Million)
- 7.9. MEA
- 7.9.1. South Africa
- 7.9.1.1. Key country dynamics
- 7.9.1.2. Regulatory scenario
- 7.9.1.3. Competitive scenario
- 7.9.1.4. South Africa market estimates and forecasts 2018 to 2030 (USD Million)
- 7.9.2. Saudi Arabia
- 7.9.2.1. Key country dynamics
- 7.9.2.2. Regulatory scenario
- 7.9.2.3. Competitive scenario
- 7.9.2.4. Saudi Arabia market estimates and forecasts 2018 to 2030 (USD Million)
- 7.9.3. UAE
- 7.9.3.1. Key country dynamics
- 7.9.3.2. Regulatory scenario
- 7.9.3.3. Competitive scenario
- 7.9.3.4. UAE market estimates and forecasts 2018 to 2030 (USD Million)
- 7.9.4. Kuwait
- 7.9.4.1. Key country dynamics
- 7.9.4.2. Regulatory scenario
- 7.9.4.3. Competitive scenario
- 7.9.4.4. Kuwait market estimates and forecasts 2018 to 2030 (USD Million)
- Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company/Competition Categorization
- 8.3. Vendor Landscape
- 8.3.1. List of key distributors and channel partners
- 8.3.2. Key customers
- 8.3.3. Key company market share analysis, 2023
- 8.3.4. Nutrix International LLC
- 8.3.4.1. Company overview
- 8.3.4.2. Financial performance
- 8.3.4.3. Product benchmarking
- 8.3.4.4. Strategic initiatives
- 8.3.5. Swiss American CDMO
- 8.3.5.1. Company overview
- 8.3.5.2. Financial performance
- 8.3.5.3. Product benchmarking
- 8.3.5.4. Strategic initiatives
- 8.3.6. Suzhou Ante Cosmetics Co., Ltd
- 8.3.6.1. Company overview
- 8.3.6.2. Financial performance
- 8.3.6.3. Product benchmarking
- 8.3.6.4. Strategic initiatives
- 8.3.7. UNIVERSAL PACKAGING SYSTEMS, INC. DBA PakLab
- 8.3.7.1. Company overview
- 8.3.7.2. Financial performance
- 8.3.7.3. Product benchmarking
- 8.3.7.4. Strategic initiatives
- 8.3.8. Arizona Natural Resources Inc.
- 8.3.8.1. Company overview
- 8.3.8.2. Financial performance
- 8.3.8.3. Product benchmarking
- 8.3.8.4. Strategic initiatives
- 8.3.9. Opal Cosmetics
- 8.3.9.1. Company overview
- 8.3.9.2. Financial performance
- 8.3.9.3. Product benchmarking
- 8.3.9.4. Strategic initiatives
- 8.3.10. Concentrated Aloe Corporation (CAC)
- 8.3.10.1. Company overview
- 8.3.10.2. Financial performance
- 8.3.10.3. Product benchmarking
- 8.3.10.4. Strategic initiatives
- 8.3.11. Ausmetics
- 8.3.11.1. Company overview
- 8.3.11.2. Financial performance
- 8.3.11.3. Product benchmarking
- 8.3.11.4. Strategic initiatives
- 8.3.12. Intercos
- 8.3.12.1. Company overview
- 8.3.12.2. Financial performance
- 8.3.12.3. Product benchmarking
- 8.3.12.4. Strategic initiatives
- 8.3.13. BPI Labs
- 8.3.13.1. Company overview
- 8.3.13.2. Financial performance
- 8.3.13.3. Product benchmarking
- 8.3.13.4. Strategic initiatives
- 8.3.14. Cosmetic Solutions
- 8.3.14.1. Company overview
- 8.3.14.2. Financial performance
- 8.3.14.3. Product benchmarking
- 8.3.14.4. Strategic initiatives
- 8.3.15. SBLC Cosmetics
- 8.3.15.1. Company overview
- 8.3.15.2. Financial performance
- 8.3.15.3. Product benchmarking
- 8.3.15.4. Strategic initiatives
- 8.3.16. Akums Drugs and Pharmaceuticals Ltd.
- 8.3.16.1. Company overview
- 8.3.16.2. Financial performance
- 8.3.16.3. Product benchmarking
- 8.3.16.4. Strategic initiatives
- 8.3.17. Maxima Solutions
- 8.3.17.1. Company overview
- 8.3.17.2. Financial performance
- 8.3.17.3. Product benchmarking
- 8.3.17.4. Strategic initiatives
- 8.3.18. New Look Cosmetics
- 8.3.18.1. Company overview
- 8.3.18.2. Financial performance
- 8.3.18.3. Product benchmarking
- 8.3.18.4. Strategic initiatives
- 8.3.19. RADICAL COSMETICS
- 8.3.19.1. Company overview
- 8.3.19.2. Financial performance
- 8.3.19.3. Product benchmarking
- 8.3.19.4. Strategic initiatives
- 8.3.20. Dermatech Labs
- 8.3.20.1. Company overview
- 8.3.20.2. Financial performance
- 8.3.20.3. Product benchmarking
- 8.3.20.4. Strategic initiatives
- 8.4. Participant Categorization
- 8.5. Market Leaders
- 8.5.1. Personal Care CMO & CDMO Market Share Analysis, 2023
- 8.6. Strategy Mapping
- 8.6.1. Service Launches/Upgrades
- 8.6.2. Mergers/Acquisitions/Joint Ventures Merger/
- 8.6.3. Partnerships/Agreements
- 8.6.4. Expansions
- 8.6.5. Others
- 8.7. Market Position Analysis, 2022/2023 (Heat Map Analysis)
- Chapter 9 Key Takeaways
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