U.S. Personal Care Contract Manufacturing Market Size & Outlook
U.S. personal care contract manufacturing market, 2018-2030 (US$M)
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U.S. personal care contract manufacturing market highlights
- The U.S. personal care contract manufacturing market generated a revenue of USD 3,131.0 million in 2023 and is expected to reach USD 5,223.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.6% 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 3,131.0 million |
| Market revenue in 2030 | USD 5,223.1 million |
| Growth rate | 7.6% (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, U.S. accounted for 14.8% 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 North America, U.S. personal care contract manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 5,223.1 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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U.S. 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 88.32% in 2023. Horizon Databook has segmented the U.S. 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 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. In addition, increasing R&D expenditure on manufacturing specialty formulations involving organic ingredients is expected to fuel the growth of the market over the projected period.
Rising demand for wide varieties of clay masks, peel off masks, natural ingredients masks for skin brightening, nourishment, add beauty, and cleanse on account of the increasing environmental pollution, restless lifestyles, changing weather patterns, and high disposable income is expected to fuel the market growth.
In addition, facial masks address various skin issues including wrinkles, sagging skin, pores, dry lines, and blemishes. The penetration of these masks among the increasing aging population in the country is expected to propel the growth of the U.S. personal care contract manufacturing market over the forecast period.
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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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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 U.S. personal care contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into U.S. personal care contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. personal care contract manufacturing market size, by service, 2018-2030 (US$M)
U.S. Personal Care Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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