Insights on the Personal Care Product Contract Manufacturing Global Market to 2027 – Featuring Alkos Group, ApolloCorp and Fareva Among Others – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Personal Care Product Contract Manufacturing – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Personal Care Product Contract Manufacturing estimated at US$18.5 Billion in the year 2020, is projected to reach a revised size of US$27.4 Billion by 2027, growing at a CAGR of 5.8% over the analysis period 2020-2027.
Manufacturing, one of the segments analyzed in the report, is projected to record a 6% CAGR and reach US$23.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Packaging segment is readjusted to a revised 5.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5 Billion, While China is Forecast to Grow at 9.4% CAGR
The Personal Care Product Contract Manufacturing market in the U.S. is estimated at US$5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6 Billion by the year 2027 trailing a CAGR of 9.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.
Custom Formulation & R&D Segment to Record 3.9% CAGR
In the global Custom Formulation & R&D segment, USA, Canada, Japan, China and Europe will drive the 3.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$952.7 Million in the year 2020 will reach a projected size of US$1.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.8 Billion by the year 2027, while Latin America will expand at a 4.1% CAGR through the analysis period.
Select Competitors (Total 42 Featured):
- A.I.G. Technologies, Inc.
- Albea Beauty Holdings S.A. (Albea)
- Alkos Group
- ApolloCorp, Inc.
- Beautech Industries Limited
- Colep
- Cosmetic Essence Innovations
- CoValence Laboratories
- Fareva
- Formula Corp.
- Hatchbeauty, LLC.
- HCP Packaging
- HCT Group
- KIK Custom Products Inc.
- Knowlton Development Corporation (KDC)
- Maesa Group
- Mansfield-King, LLC (MK)
- McBride plc
- Nutrix
- RCP Ranstadt GmbH
- Sarvotham Care Limited
- Sensible Organics
- Skinlys
- Tropical Products, Inc.
- Vi-Jon
- VVF India Limited
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/nwg9qo
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