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Personal Care Contract Manufacturing Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Personal Care Contract Manufacturing Market Size, Growth Rate, And Forecast
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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Personal Care Contract Manufacturing Market Drivers
The growth in the cosmetic industry is expected to propel the growth of the personal care contract manufacturing market in the coming future. Cosmetic industry deals with the production and sale of cosmetics, which are broadly defined as any kind of goods or concoctions intended to improve or complement a person's aesthetic or physical appearance. The increase in growth boosts the cosmetic industry as contract manufacturing makes cosmetic production easier to outsource, either completely or partially.
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Personal Care Contract Manufacturing Market Segments
• By Product Type: Skin Care, Hair Care, Make-Up And Cosmetics, Other Product Types
• By Service Type: Research And Development And Formulation, Manufacturing, Packaging And Allied Services
• By Formulation: Liquids, Creams, Lotions, Oils, Gels
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the personal care contract manufacturing market.
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Personal Care Contract Manufacturing Market Key Players
Major competitors in the personal care contract manufacturing market include VVF Limited, A.I.G. Technologies Inc., Sarvotham Care Limited, Nutrix International LLC., Formula Corporation, Mansfield-King, Tropical Products Inc
The Business Research Company's "Global Personal Care Contract Manufacturing Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Personal Care Contract Manufacturing Market Include:
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
……
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
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