Press release
Cosmetic OEM/ODM Market Booms as Brands Seek Scalable, Innovation-Driven Manufacturing Solutions
Cosmetic OEM/ODM Market SizeThe global market for Cosmetic OEM/ODM was valued at US$ 31240 million in the year 2024 and is projected to reach a revised size of US$ 42060 million by 2031, growing at a CAGR of 4.4% during the forecast period.
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The growth of e-commerce requires faster product development cycles and responsiveness to market trends. OEMs and ODMs can help brands quickly launch new products to take advantage of online shopping trends. Brands are increasingly leaning toward a DTC model, which allows them to establish a direct relationship with consumers. OEMs and ODMs support these initiatives by providing flexible manufacturing solutions and small-batch production capabilities.
Advances in cosmetic formulation technology have enabled the development of more effective and diverse products. OEMs and ODMs often invest in R&D to create innovative solutions that meet changing consumer expectations. The introduction of automation in the manufacturing process can improve production efficiency, capacity, and quality control, making cooperation with OEMs and ODMs more attractive.
Outsourcing production can reduce production costs because manufacturers are often able to produce in batches, reducing production costs and labor costs. This makes OEM and ODM a cost-effective choice.
This report aims to provide a comprehensive presentation of the global market for Cosmetic OEM/ODM, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cosmetic OEM/ODM.
By Type
• Cosmetics OEM
• Cosmetics ODM
By Application
• Skincare
• Haircare
• Makeup
Key Companies
KDC/One, COSMAX, Intercos, Kolmar Korea, TOA, Cosmo Beauty, Cosmecca, Mana Products, Nox Bellow Cosmetics, PICASO Cosmetic, Toyo Beauty, Cohere Beauty, S&J, Ancorotti Cosmetics, A&H International Cosmetics, Chromavis, Opal Cosmetics, Milott, B.Kolor, BioTruly, Cosway, Bawei Biotechnology, Ridgepole, ANTE ( Suzhou) Cosmetics, ESTATE CHEMICAL, Ya Pure Cosmetics, Jiangsu Meiaisi Cosmetics, Homar, Foshan Wanying Cosmetics, Easycare Group, Life-Beauty
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