What is Cosmetics ODM Market?
As the market for natural, herbal, and organic beauty products grows, manufacturers will have more opportunities to innovate and develop new products that cater to customer tastes. A significant increase in disposable incomes over the past decade, growth in global economies, evolving lifestyles, and increasing demands for skin and sun care products due to varying climatic conditions are all market drivers for the Global Cosmetics OEM/ODM market. Market preferences are increasingly moving toward natural and organic beauty products.
The market study is being classified by Type (Skin care (Creams, Lotions, Toner, Face cleanser, Serum, Mask, Scrub, Face Packs), Hair care (Shampoo, Conditioner, Hair Rinses, Hair Dye/Colors, Hair Tonics, Serum, Mask), Makeup (Face Products, Eye Products, Lip Products, Nail Products), Body care (Soaps, Shower Gels), Fragrances (Perfumes, Deodorant) and Cologne) and major geographies with country level break-up.
Intercos S.P.A. (Italy), Nox Bellow Cosmetics Co.,Ltd (China), Cosmobeauty (Japan), Toyo Beauty (Japan), PICASO Cosmetic (Japan), BIOTRULY GROUP (China), Kolmar (Japan), Cosmax (South Korea), Cosmecca (South Korea) and ESTATE CHEMICAL Co (Japan) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Global Players will contribute to the maximum growth of Global Cosmetics ODM market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Cosmetics ODM market by Type, Application and Region.
On the basis of geography, the market of Cosmetics ODM has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Strong inclination of the masses towards cosmetics products, especially in the developing countries
- Growing demand for premium cosmetics ODM
- Rapid improvements in technology pertaining to the cosmetics ODM industry across the globe
- Adoption rate of differentiated research and development technologies as well as manufacturing technology
- Governments across the world are supporting the incorporation of automation systems in the global cosmetics ODM market to improve the quality of products.
- Continuous technology improvements
- Slower regulatory approval procedures
Market Leaders and some development strategies
In Mar 2019, KBL Cosmetics launched a new innovation design product i.e. Foldable Triangle Eyeshadow.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Cosmetics ODM Provider, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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