Press release
Personal Care Contract Manufacturing Market to Grow at 8.7% CAGR, Driven by Brand Outsourcing Trends and Product Innovation Demands | DataM Intelligence
The global personal care contract manufacturing market reached US$20.8 billion in 2022 and is expected to reach US$40.5 billion by 2030, growing at a CAGR of 8.7% during the forecast period 2023-2030, according to DataM Intelligence.Asia-Pacific: Recent Industry Developments
✅ In October 2025, Toyo Beauty expanded its contract manufacturing capacity in Thailand, increasing production by 45%.
✅ In September 2025, China's National Medical Products Administration allocated USD 2.1 billion for cosmetic manufacturing innovation.
✅ In August 2025, Intercos Group introduced a vegan and cruelty-free certification program for all contract manufacturing services.
North America: Recent Industry Developments
✅ In October 2025, Cosway Corporation launched a new sustainable manufacturing facility with carbon-neutral operations for personal care products.
✅ In September 2025, The U.S. FDA allocated USD 750 million for cosmetic manufacturing facility upgrades and regulatory compliance.
✅ In August 2025, Kolmar Laboratories introduced an AI-powered formulation platform reducing product development time by 50%.
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Europe: Recent Industry Developments
✅ In October 2025, Fareva Group developed a waterless personal care product line reducing environmental impact by 60%.
✅ In September 2025, The European Union implemented new regulations for sustainable packaging in cosmetic manufacturing.
✅ In August 2025, Cosmetica Laboratories launched a blockchain traceability system for ingredient sourcing and supply chain transparency.
Market Trends & Drivers
The Personal Care Contract Manufacturing Market is experiencing steady growth driven by increasing brand focus on core competencies, rising demand for specialized manufacturing expertise, and growing need for cost-effective production solutions. Key trends include the expansion of clean beauty formulations, development of sustainable manufacturing processes, and advancement in customized product solutions. The growing consumer demand for innovative products, increasing regulatory complexity, and brand strategies focusing on marketing rather than manufacturing are significantly accelerating market expansion.
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Competitive Landscape
The market features intense competition among manufacturing specialists, private label companies, and integrated service providers.
1. Cosway Corporation leads in comprehensive contract manufacturing with global production capabilities.
2. Kolmar Laboratories dominates in color cosmetics and skincare contract manufacturing.
3. Fareva Group provides extensive manufacturing services for premium personal care brands.
4. Cosmetica Laboratories specializes in innovative formulations and product development.
5. Toyo Beauty Co., Ltd. offers cost-effective manufacturing solutions with Asian market expertise.
6. Intercos Group focuses on color cosmetics and skincare with advanced R&D capabilities.
7. CoValence Inc. provides integrated contract manufacturing and packaging solutions.
8. Mana Products specializes in color cosmetics and product innovation.
9. Prestige Beauty Holdings offers private label and contract manufacturing services.
10. A.I. Beauty provides sustainable and clean beauty manufacturing solutions.
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Segmentation
By Formulation (Liquids, Creams, Lotions, Oils, Gels, Others)
By Service (R&D and Formulation, Manufacturing, Packaging & Allied Services)
By Application (Skincare, Haircare, Color Cosmetics, Fragrances & Deodorants, Others)
Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (Germany, U.K., France, Italy, Spain, Netherlands, Rest of Europe)
⇥ Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
⇥ South America (Brazil, Argentina, Chile, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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