COSMETIC OEM/ODM MARKET ANALYSIS

Cosmetic OEM/ODM Market, By Product Type (Color Cosmetics, Skin Care, Hair Care, and Fragrance), By Packaging Category (Lipstick Containers, Lip Gloss Containers & Tubes, Cosmetic Pen, Powder Dispensers, Cushion, Bottle With Cap, Bottle With Pump, Compact, Face Stick, Tube, Jar with Cap, Mascara Packaging, and Others), By Filling Technology (Airless Filling Technology, Aerosol Filling Technology, Cosmetic Jar Filling Technology, Liquid Filling Technology, Compact Powder Filling Technology, Mascara Filling Technology, Lipstick Filling Technology, Tube Filling Technology, Cosmetic Pencil Filling Technology, and Others), By End User (Independent Brands, Legacy Brands, And Private Label Brands), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)

Global Cosmetic OEM/ODM Market - Recent Developments

In 2019, Cosmax created eco-friendly water-based nail enamel with superior gloss and lasting power. Cosmetics ODM manufacturer Cosmax has also nominated into the trend of microbiome with the launch of a new anti-aging microbiome skincare range. COSMAX INC is a Korean-based specialized cosmetics research and development and manufacturing company. COSMAX develops and provides cosmetics to more than 600 cosmetics brands around the world. The key product consists of skincare, makeup, mask sheets, oriental medicine, hair care, functional cosmetics, and scents.
In March 2019, KBL Cosmetics launched a new innovation design product i.e. Foldable Triangle Eye shadow. KBL is an industry leading, high-volume manufacturing supply chain partner, who specialize in full service solutions, that work as turnkey services. Our process is designed to handle all aspects of product operations, everything from brand ideation to high-quality manufacturing completion.
In 2017, Cosmax acquired full stake in the U.S. cosmetics developer and manufacturer, Nuworld, for US$ 50 million. Cosmax plans to enhance its local manufacturing facility as well as research and marketing to gain a competitive edge in the U.S. cosmetics manufacturing market. In 2017, Cosmecca Korea announced to set up its third factory in Pinghu, Zhejiang Province, China. This new site will increase Cosmecca’s production in China to 240 million units.

Figure 2. Global Cosmetic OEM/ODM Market, By Regiona, 2022