The Personal Care Contract Manufacturing Global Market Report 2023, provides comprehensive information on the personal care contract manufacturing market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Personal Care Contract Manufacturing Market’s Growth:
The global personal care contract manufacturing market size 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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. 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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Product innovation is the key trend gaining popularity in the personal care contract manufacturing market. Major companies operating in the personal care contract manufacturing market are focused on developing innovative products to strengthen their position in the market. For instance, in March 2022, Colgate-Palmolive Company, a US-based company that manufactures personal care and oral hygiene products, launched Total Plaque Pro-Release toothpaste. Total Plaque Pro-Release toothpaste provides continuous, day-and-night antibacterial defense and has been clinically demonstrated to drastically reduce dangerous plaque bacteria between dental appointments. The revolutionary solution in Colgate Total Plaque Pro-Release employs Smart Foam Technology to access confined spaces and eliminate plaque bacteria at the gum line. This breakthrough recipe uses the strength of stannous fluoride, a chemical that helps decrease plaque bacteria and prevent gingivitis.
The personal care contract manufacturing market is segmented:
1) By Product Type: Skin Care, Hair Care, Make-Up And Cosmetics, Other Product Types
2) By Service Type: Research And Development And Formulation, Manufacturing, Packaging And Allied Services
3) By Formulation: Liquids, Creams, Lotions, Oils, Gels
Asia-Pacific was the largest region in the personal care contract manufacturing market in 2022.
The table of contents in TBRC’s personal care contract manufacturing market report includes:
1. Executive Summary
2. Personal Care Contract Manufacturing Market Characteristics
3. Personal Care Contract Manufacturing Market Trends And Strategies
4. Personal Care Contract Manufacturing Market – Macro Economic Scenario
5. Personal Care Contract Manufacturing Market Size And Growth
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26. Africa Personal Care Contract Manufacturing Market
27. Personal Care Contract Manufacturing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Personal Care Contract Manufacturing Market
29. Personal Care Contract Manufacturing Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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