Europe Personal Care Contract Manufacturing Market Size & Outlook
Europe personal care contract manufacturing market, 2018-2030 (US$M)
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Europe personal care contract manufacturing market highlights
- The Europe personal care contract manufacturing market generated a revenue of USD 4,413.0 million in 2023.
- The market is expected to grow at a CAGR of 7.3% 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 4,413.0 million |
| Market revenue in 2030 | USD 7,204.7 million |
| Growth rate | 7.3% (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, Europe region accounted for 20.8% 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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Europe 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 87.42% in 2023. Horizon Databook has segmented the Europe 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.
Europe is the largest market for personal care products, and thereby driving the contract manufacturing market. Growing demand for personal care products, particularly in Germany, Italy, France, Spain and UK, owing to consumer inclination towards grooming to inculcate positive self-esteem is expected to drive demand.
High awareness among consumers regarding well-being, healthy lifestyle and positive selfesteem has resulted in the significant demand for personal care products. This factor has contributed significantly to the growth of personal care contract manufacturing in the region.
Robust personal care manufacturing base in the UK, France, and Germany is reinforced by the favorable growth of personal care industry in the market. The European Commission framed Horizon 2020 Strategy, with a prime intention to promote the consumption and production of natural ingredients in chemical, personal care, automotive and energy sectors.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe personal care contract manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe personal care contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe personal care contract manufacturing market size, by country, 2018-2030 (US$M)
Europe Personal Care Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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