Global Cosmetic Formulation Development Services Market Growth (Status and Outlook) 2025-2031

The global Cosmetic Formulation Development Services market size is predicted to grow from US$ 26100 million in 2025 to US$ 39280 million in 2031; it is expected to grow at a CAGR of 7.1% from 2025 to 2031.

Cosmetic formula development service refers to the professional service provided by professional R&D teams or institutions to tailor cosmetic formulas for customers based on market demand, consumer preferences and the latest technological developments in the cosmetics industry.

United States market for Cosmetic Formulation Development Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Cosmetic Formulation Development Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Cosmetic Formulation Development Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Cosmetic Formulation Development Services players cover Global Cosmetic Developments, The Green Chemist, New Look Cosmetics, Cita Lieta cosmetics, Evonik Personal Care, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Cosmetic Formulation Development Services Industry Forecast” looks at past sales and reviews total world Cosmetic Formulation Development Services sales in 2024, providing a comprehensive analysis by region and market sector of projected Cosmetic Formulation Development Services sales for 2025 through 2031. With Cosmetic Formulation Development Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cosmetic Formulation Development Services industry.

This Insight Report provides a comprehensive analysis of the global Cosmetic Formulation Development Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Cosmetic Formulation Development Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cosmetic Formulation Development Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cosmetic Formulation Development Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cosmetic Formulation Development Services.

This report presents a comprehensive overview, market shares, and growth opportunities of Cosmetic Formulation Development Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
Hair Care Product Development
Facial Care Product Development
Body Care Product Development
Others

Segmentation by Application:
Cosmetics Manufacturers
Research Institutions
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Global Cosmetic Developments
The Green Chemist
New Look Cosmetics
Cita Lieta cosmetics
Evonik Personal Care
A&T Formulation
EcoSafe
Dermasist Innovation Lab
Health Focus Manufacturers
AMK Formulations
Founders Science Group
Nutrix
CoValence
Formula Corp
Clarion
Herrco Cosmetics

Please note: The report will take approximately 2 business days to prepare and deliver.