Germany Personal Care Contract Manufacturing Market Size & Outlook
Germany personal care contract manufacturing market, 2018-2030 (US$M)
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Germany personal care contract manufacturing market highlights
- The Germany personal care contract manufacturing market generated a revenue of USD 847.6 million in 2023 and is expected to reach USD 1,526.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.8% 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.
Personal care contract manufacturing market data book summary
| Market revenue in 2023 | USD 847.6 million |
| Market revenue in 2030 | USD 1,526.2 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Manufacturing |
| Fastest growing segment | Manufacturing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 4.0% of the global personal care contract manufacturing market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany personal care contract manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,526.2 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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Germany 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 87.33% in 2023. Horizon Databook has segmented the Germany 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.
The market will benefit from cordial trade relations of the European Union countries leading to significant cost benefits for the contract manufacturers and packaging service providers in Germany and all over the Europe Union.
Germany with their environment protection strategies is expected to play an important role in driving the personal care manufacturing industry growth, which is likely to affect the demand for contract manufacturers over the coming years. However, also the growing maturity of the market in the region is expected to restrain the market growth.
Demand for custom manufacturing is highest in the personal care market pertaining to the focus of key market players in this industry over branding and other promotional activities, while outsourcing their production, custom formulation coupled with packaging. Thus, controlling their product cost price and lead-time, which is critical in this fast-moving consumer goods industry.
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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 country-level data and insights on the Germany personal care contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Germany personal care contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany personal care contract manufacturing market size, by service, 2018-2030 (US$M)
Germany Personal Care Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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