Global Personal Care Contract Manufacturing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Formulation;

Liquids, Creams, Lotions, Oils, Gels, and Others.

By Service;

Manufacturing, Custom Formulation & R&D, Packaging, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn106186787 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Personal Care Contract Manufacturing Market (USD Million), 2021 - 2031

In the year 2024, the Global Personal Care Contract Manufacturing Market was valued at USD 23,573.72 million. The size of this market is expected to increase to USD 40,927.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.

The global personal care contract manufacturing market has witnessed remarkable growth over recent years, fueled by an increasing demand for personalized and specialized beauty and personal care products. Personal care contract manufacturing involves outsourcing the production of personal care products such as skincare, haircare, bath and body, and oral care to third-party manufacturers. This outsourcing enables brands to focus on product development, marketing, and distribution while leveraging the expertise and resources of contract manufacturers for production.

One of the key drivers propelling the growth of the personal care contract manufacturing market is the rising consumer preference for natural, organic, and sustainable products. As consumers become more conscious about the ingredients used in their personal care products and their environmental impact, brands are turning to contract manufacturers with expertise in formulating and producing such products. Additionally, the trend towards customization and personalized beauty solutions has led to an increased demand for contract manufacturing services that can cater to specific consumer needs and preferences.

The personal care contract manufacturing market is benefiting from the growing popularity of e-commerce and direct-to-consumer channels. With the proliferation of online beauty retailers and subscription box services, brands are seeking flexible and agile manufacturing partners that can quickly scale production to meet fluctuating demand and rapidly launch new products to market. Contract manufacturers equipped with advanced technology and automation capabilities are well-positioned to support brands in this dynamic retail landscape.

The personal care contract manufacturing market is characterized by a high degree of innovation and collaboration between brands and manufacturers. Partnerships between contract manufacturers and beauty brands enable the co-development of cutting-edge formulations and delivery systems, driving product differentiation and enhancing market competitiveness. As a result, the personal care contract manufacturing market is expected to continue its growth trajectory, fueled by evolving consumer preferences, technological advancements, and strategic collaborations within the beauty industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Formulation
    2. Market Snapshot, By Service
    3. Market Snapshot, By Region
  4. Global Personal Care Contract Manufacturing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Customized Products
        2. Cost Efficiency and Flexibility
        3. Focus on Core Competencies
        4. Rapid Innovation in Formulations
        5. Expansion of Distribution Channels
      2. Restraints
        1. Quality Control Concerns
        2. Regulatory Compliance
        3. Dependency on Brand Partners
        4. Intellectual Property Risks
        5. Supply Chain Disruptions
      3. Opportunities
        1. Emerging Markets Growth
        2. Digitalization and Industry 4.0
        3. Green and Sustainable Products
        4. Vertical Integration
        5. Strategic Partnerships and Collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Personal Care Contract Manufacturing Market, By Formulation, 2021 - 2031 (USD Million)
      1. Liquids
      2. Creams
      3. Lotions
      4. Oils
      5. Gels
      6. Others
    2. Global Personal Care Contract Manufacturing Market, By Service, 2021 - 2031 (USD Million)
      1. Manufacturing
      2. Custom Formulation And R&D
      3. Packaging
      4. Others
    3. Global Personal Care Contract Manufacturing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. VVF Group
      2. A.I.G. Technologies, Inc
      3. Sarvotham Care Limited
      4. Nutrix International LLC
      5. Formula Corp
      6. Mansfield-King
      7. Tropical Products
      8. ApolloCorp Inc
      9. COVALENCE LABORATORIES
      10. McBride
  7. Analyst Views
  8. Future Outlook of the Market