Asia Pacific Personal Care Contract Manufacturing Market Size & Outlook
Asia Pacific personal care contract manufacturing market, 2018-2030 (US$M)
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Asia Pacific personal care contract manufacturing market highlights
- The Asia Pacific personal care contract manufacturing market generated a revenue of USD 7,999.2 million in 2023.
- The market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, manufacturing was the largest revenue generating service in 2023.
- Manufacturing is the most lucrative service segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 7,999.2 million |
| Market revenue in 2030 | USD 14,897.0 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Manufacturing |
| Fastest growing segment | Manufacturing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Manufacturing, Custom Formulation and R&D, Packaging |
| Key market players worldwide | Accupac, Kowloon Development Co Ltd ADR, Vi-Jon, Maesa Group, HATCHBEAUTY, Fareva, Colep Packaging, Intercos, Oxygen Development, Voyant Beauty, Mansfield-King, Anchor Capital, Biogenesis, Bright International, Eco Lips, Inc. |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 37.8% of the global personal care contract manufacturing market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 14,897.0 million by 2030.
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Personal Care Contract Manufacturing Market Scope
Personal Care Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific personal care contract manufacturing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to personal care contract manufacturing market will help companies and investors design strategic landscapes.
Manufacturing was the largest segment with a revenue share of 87.43% in 2023. Horizon Databook has segmented the Asia Pacific personal care contract manufacturing market based on manufacturing, custom formulation and r&d, packaging covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific personal care contract manufacturing market is expected to witness a significantly high growth over the forecast period pertaining to rapid development of the personal care industry in developing economies including China, India and Japan.
The personal care market in Asia Pacific is driven by the heightened demand for products such as deodorants, shaving creams, among younger population in emerging markets including India and China is expected to have major impact on market growth.
The high growth rate can also be explained by the fact, that most of the international players in the personal care market are shifting their manufacturing base to India and China in order to reduce their product prices.
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Target buyers of Asia Pacific personal care contract manufacturing market databook
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Our clientele includes a mix of personal care contract manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific personal care contract manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific personal care contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific personal care contract manufacturing market size, by country, 2018-2030 (US$M)
Asia Pacific Personal Care Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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