Cosmetics ODM Market Size Worth USD 80940.96 Million by 2030 | CAGR: 5.40%: DBMR

A worldwide Cosmetics ODM Market  report comprises of the most recent market information with which companies can have thorough analysis of Cosmetics ODM Market industry and future trends. By applying market intelligence for this report, industry experts assess strategic options, outline successful action plans and support companies with critical bottom-line decisions. Competitive analysis studies of this market report aids to get ideas about the strategies of key players in the market. Not to mention, the scope of Cosmetics ODM Market business report can be broadened from market scenarios to comparative pricing between major players, cost and profit of the specified market regions.

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Cosmetic manufacturers are progressively focusing on product innovation and technology development. Technological advancements are influencing all aspects of the cosmetic industry, ranging from product packaging to product ingredients. Intending to gain a competitive edge in the market, market players of cosmetic ODM are gradually stepping up their innovation through extensive R&D activities. Moreover, increasing demand for luxury cosmetics, and growing demand for skincare and sun care products are likely to augment sales and enhance the market growth rate.

Data Bridge Market Research analyses that the cosmetics original design manufacturing (ODM) market was valued at USD 53142.68 million in 2022 and is expected to reach USD 80940.96 million by 2030, registering a CAGR of 5.40% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Market Definition

Original design manufacturing or ODM, is also mentioned to as "private labeling." This is where a distributor chooses an already-existing product design from a factory catalogue. After that makes a few small changes in product design and then sells it under their own brand name. Changes can include things such as product bundles or packaging, colours and branding, and some limited adjustments to functionality or components.

Some of the major players operating in the cosmetics original design manufacturing (ODM) market are:

INC (South Korea)
Toyo Beauty Co. Ltd. (Japan)
Nox Bellcow Cosmetics Co. Ltd. (China)
KOLMAR KOREA (South Korea)
Ancorotti Cosmetics S.p.a. (Italy)
COSMOBEAUTY CO., LTD (Japan)
Cosmecca Korea (South Korea)
Fareva (South Korea)
Kolormakeup & Skincare S.p.a. (Italy)
BioTruly Group (South Korea)
ANC Corporation (South Korea)
INTERCOS S.P.A (Italy)
Francia Beauty (Vietnam)
Nowcos Co. Ltd. (South Korea)
SANSHO COSMETAINMENT INTERNATIONAL (India)
milliona co.ltd (India)
Caolion Cosmetics (U.S.)

Opportunities

Stringent regulatory norms to limit the use of ingredients

Cosmetic products comprise an extensive range of ingredients. These ingredients cover cleansing agents, cosmetic preservatives and unique fragrances. Regulatory authorities are constantly taking initiatives to limit the usage of those elements that cause health issues. They have mainly focused on the usage of organic and natural products. The governments have enforced stringent rules and regulations for the usage of natural components due to which manufacturers are highly focussed on the production of organic cosmetic product. This is one of the major factor which is expected to create immense opportunities for the market growth rate.

Shifting preference towards natural and organic and organic

The shifting preference towards more natural and organic beauty products among consumers, particularly in developed countries such as the U.S. and the European countries is expected to foster the growth of the cosmetics OEM/ODM market. Growing demand for herbal, natural and organic beauty products creates potential opportunities for manufacturers to develop and innovate new products in accordance with consumer preferences.

Global Cosmetics Original Design Manufacturing (ODM) Market Scope

The cosmetics original design manufacturing (ODM) market is segmented on the basis of product type, type, packaging format and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

Skin Care
Hair Care
Body Care
MAKEUP
Fragrances
Cologne

Type

All Process ODM
Half Process ODM

 Packaging Format

Bottles
Compact Cases
Droppers
Folding Cartons
Jar
Pallete
Pouches
Pumps and Dispensers
Roll On
Roll on Sticks
Sachet
Sticks
Tube
Wraps
Others

End User

Prestige Brands
Mass Brands
Indie Brands
Private Labels

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