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)

Published In : Apr 2023
Code : CMI3089
Pages :278
Formats :
Excel and PDF
Industry : Consumer Goods

Cosmetic Oem/Odm MarketSize and Trends

The global cosmetic OEM/ODM market was valued at US$ 56.3 billion in 2022 and is expected to exhibit a CAGR of 6.40% over the forecast period (2023– 2030), to reach US$ 92.5 billion by 2030. Cosmetic OEM/ODM manufacturers have extensive knowledge and expertise in the entire beauty and personal care products development and manufacturing process. OEM/ODM manufacturers provide finished products to beauty and personal care brands. Private labels and independent brands are mainly dependent on outsourcing for the manufacturing of their products. Increasing demand for private label and independent brands is driving more and more players to enter the full buy provider business model. According to Coherent Market Insights analysis, in FY 2021, the premium beauty and personal care products market reached a valuation of US$ 473.9 Billion and is likely to register a Y-o-Y growth rate of 4.0% in 2022, closing at US$ 495.28 Billion.

Figure 1. Global Cosmetic OEM/ODM Market, By Product, 2022