The U.S. personal care contract manufacturing market size was exhibited at USD 3.85 billion in 2023 and is projected to hit around USD 8.24 billion by 2033, growing at a CAGR of 7.9% during the forecast period 2024 to 2033.
Increasing demand for advanced beauty treatments and skin care products is driving the market. In addition, with major personal care companies channeling resources toward R&D and marketing initiatives, the outsourcing of production tasks such as manufacturing and packaging through contract manufacturers is expected to rise over the forecast period. The rising demand for skincare products, mainly from millennials, to delay signs of aging is expected to propel the personal care contract manufacturing market growth in the U.S.
Report Coverage | Details |
Market Size in 2024 | USD 4.15 Billion |
Market Size by 2033 | USD 8.24 Billion |
Growth Rate From 2024 to 2033 | CAGR of 7.9% |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Segments Covered | Service |
Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
Country scope | U.S. |
Key Companies Profiled | NuWorld; Biogenesi; Bright International; Fareva; Intercos S.p.A.; 220 Laboratories; C-Care; Accupack Midwest, Inc.; Eco Lips, Inc.; Verla International, Ltd |
Personal care products are further divided into personal hygiene and cosmetic products. Personal hygiene products are the necessary items, while cosmetics are luxury goods solely used for beautification purposes. The introduction of new product formats and gender-specific products is expected to drive the demand for personal care products. Increasing use of hair sprays, styling mousses, and deodorants by male consumers, in addition to the heightened demand for lip colors, lip gloss, and other cosmetic products from female consumers, is expected to augment the market growth.
The high degree of competitiveness present in the personal care industry has resulted in encouraging companies to adopt strategies that are expected to aid them in gaining an increased market share by tapping new markets and increasing their penetration in the present market. This has resulted in companies employing their resources for R&D and promotional activities. Key market players are increasingly looking toward product innovation and new product development to manufacture user-friendly products to increase their market share. These factors are contributing to the development of the market.
The strong driver in this market is the consumer’s perception of organic products. Traditional cosmetics usually contain a high amount of petroleum-based compounds, as well as phthalates, oxybenzone, and parabens. Organic-based compositions are extracts of plants, products from microorganisms, and substances derived from these sources. The natural and organic cosmetic market is undergoing a shift due to changing consumer needs and perspectives.
Rising awareness about the harmful effects of petroleum-based ingredients and synthetic ingredients in personal care products is anticipated to boost the demand for natural and organic products. As a result, we can observe a trend toward natural and organic products and the ingredients used in cosmetic products. Hence the rise in demand for natural and organic cosmetics is considered an important market opportunity.
Manufacturing segment dominated the market and accounted for a revenue share of 89.0% in 2023 and is expected to register the fastest CAGR during the forecast period. Manufacturing refers to third-party production of personal care products outsourced by OEMs such as P&G, Unilever, or any other company to the contract manufacturer. It also refers to products manufactured by the contractor under the label or brand of another firm.
The market is witnessing a shift toward clean and sustainable beauty, with personal care contract manufacturers incorporating eco-friendly practices, cruelty-free testing, and green packaging solutions. Furthermore, brands and consumers are increasingly seeking personalized products. Personal care contract manufacturers are adapting to this trend by offering customizable formulations and bespoke packaging. These aforementioned factors are anticipated to augment the demand for the manufacturing service segment in the coming years.
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the U.S. personal care contract manufacturing market
Service
Chapter 1. U.S. Personal Care Contract Manufacturing Market: Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased Database
1.4.2. Internal Database
1.4.3. Secondary Sources
1.4.4. Third-Party Perspectives
1.4.5. Information Analysis
1.5. Information Analysis
1.5.1. Data Analysis Models
1.5.2. Market Formulation & Data Visualization
1.5.3. Data Validation & Publishing
1.6. Research Scope and Assumptions
1.6.1. List to Data Sources
Chapter 2. U.S. Personal Care Contract Manufacturing Market: Executive Summary
2.1. Market Snapshot
2.2. Service Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. U.S. Personal Care Contract Manufacturing Market: Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Concentration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material/ Component Outlook
3.3.2. Manufacturing Outlook
3.3.3. Distribution Outlook
3.3.4. End-use Outlook
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Opportunities
3.5.4. Market Challenges
3.6. Industry Analysis Tools
3.6.1. Porter’s Five Forces Analysis
3.6.2. Macroeconomic Analysis
3.7. Economic Mega-Trend Analysis
3.7.1. Covid-19 Impact
3.7.2. Russia-Ukraine War
Chapter 4. U.S. Personal Care Contract Manufacturing Market: Service Estimates & Trend Analysis
4.1. Service Movement Analysis & Market Share, 2024 & 2033
4.2. U.S. Personal Care Contract Manufacturing Market Estimates & Forecast, By Service, 2021 to 2033 (USD Million )
4.3. Manufacturing
4.3.1. Manufacturing Service Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million )
4.3.2. Manufacturing Service Market Revenue Estimates and Forecasts, By Product, 2021 - 2033 (USD Million )
4.4. Custom Formulation and R&D
4.4.1. Custom Formulation and R&D Service Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million )
4.4.2. Custom Formulation and R&D Service Market Revenue Estimates and Forecasts, By Product, 2021 - 2033 (USD Million )
4.5. Packaging
4.5.1. Packaging Service Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million )
4.5.2. Packaging Service Market Revenue Estimates and Forecasts, By Product, 2021 - 2033 (USD Million )
Chapter 5. U.S. Personal Care Contract Manufacturing Market- Competitive Landscape
5.1. Recent Developments & Impact Analysis, By Key Market Participants
5.2. Company/Competition Categorization
5.3. Participant’s Overview
5.4. Financial Performance
5.5. Product Benchmarking
5.6. Company Market Positioning
5.7. Company Heat Map Analysis, 2024
5.8. Competitive Dashboard Analysis
5.9. Strategy Mapping
5.9.1. New Product Launches
5.9.2. Mergers & Acquisition
5.9.3. Partnerships & Collaborations
5.9.4. Research & Development
5.9.5. Expansions
5.10. Company Profiles
5.10.1. NuWorld
5.10.1.1. Participant’s overview
5.10.1.2. Financial performance
5.10.1.3. Product benchmarking
5.10.1.4. Recent developments
5.10.2. Biogenesis
5.10.2.1. Participant’s overview
5.10.2.2. Financial performance
5.10.2.3. Product benchmarking
5.10.2.4. Recent developments
5.10.3. Bright International
5.10.3.1. Participant’s overview
5.10.3.2. Financial performance
5.10.3.3. Product benchmarking
5.10.3.4. Recent developments
5.10.4. Fareva
5.10.4.1. Participant’s overview
5.10.4.2. Financial performance
5.10.4.3. Product benchmarking
5.10.4.4. Recent developments
5.10.5. Intercos S.p.A.
5.10.5.1. Participant’s overview
5.10.5.2. Financial performance
5.10.5.3. Product benchmarking
5.10.5.4. Recent developments
5.10.6. 220 Laboratories
5.10.6.1. Participant’s overview
5.10.6.2. Financial performance
5.10.6.3. Product benchmarking
5.10.6.4. Recent developments
5.10.7. C-Care
5.10.7.1. Participant’s overview
5.10.7.2. Financial performance
5.10.7.3. Product benchmarking
5.10.7.4. Recent developments
5.10.8. Accupack Midwest, Inc.
5.10.8.1. Participant’s overview
5.10.8.2. Financial performance
5.10.8.3. Product benchmarking
5.10.8.4. Recent developments
5.10.9. Eco Lips, Inc.
5.10.9.1. Participant’s overview
5.10.9.2. Financial performance
5.10.9.3. Product benchmarking
5.10.9.4. Recent developments
5.10.10. Verla International, Ltd
5.10.10.1. Participant’s overview
5.10.10.2. Financial performance
5.10.10.3. Product benchmarking
5.10.10.4. Recent developments