Press release
At a CAGR 5.7%, Cosmetic OEM/ODM Market Growth 2021 | Intercos S.p.A., Kolmar Korea Co. Ltd., Scalpi Cosmética sa
Cosmetic OEM/ODM manufacturers have considerable knowledge and skill in the whole development and production process for beauty and personal care products. Provides completed goods to beauty and personal care companies through OEM/ODM manufacturers. For the majority of their products, private label and independent brands rely on outsourcing. More businesses are entering the complete purchase provider business model as demand for private label and independent brands grow.The global cosmetic OEM/ODM market was valued at US$ 50 billion in 2018 and is expected to exhibit a CAGR of 5.7% over the forecast period (2019 – 2027), to reach US$ 80.4 billion by 2027.
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Major Vendor: Intercos S.p.A., Kolmar Korea Co. Ltd., Scalpi Cosmética sa, Cosmecca Korea Co., Cosmax Inc., Mana Products Inc., KBL cosmetics Ltd., Urist Cosmetics Incorporated, Fareva Holding SA, Milliona Cosmetics Co., Ltd., Skinlys, Maesa SAS, Schwanhäußer Holding GmbH & Co. KG, Tricorbraun Inc., Herrco Cosmetics Limited, Architectural Beauty, Allure Labs Inc., Case Mason Filling, Inc., Pardaco Trading Pte Ltd, and KDC/ONE among others.
To attract clients, key players in the cosmetic OEM/ODM market are giving new design and packaging solutions, therefore boosting the worldwide expansion of the cosmetic OEM/ODM market. In 2020, Schwanhäußer Holding GmbH & Co. KG, for example, released a cosmetic pencil with a ceramic casing. In the same year, it also released wooden cosmetic pencils.
What cosmetic OEM/ODM Market report offers:
1. Market share estimates for regional and national sectors
2. Analysis of the major industry players' market shares
3. Trends in the Market (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
4. Based on market estimates, strategic suggestions in major business segments are made.
5. Competitive landscape covering following points:
• Company Overview
• Product Portfolio
• Financial Performance
• Recent Highlights
• Strategies
The comprehensive understanding of the cosmetic OEM/ODM Market is based on the most recent industry news, opportunities, and trends. The cosmetic OEM/ODM Industry research report provides a thorough understanding of the key variables that are likely to alter the worldwide market in the near future. To estimate and validate the market size of the cosmetic OEM/ODM market, both top-down and bottom-up techniques were used, as well as to estimate the size of several other dependent submarkets in the entire market.
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