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Global Cosmetics Original Design Manufacturing (ODM) Market, Trends and Growth Opportunity, By Product Type (Skin Care, Hair Care, Body Care, Makeup, Fragrances, Cologne), By Type (All Process ODM, Half Process ODM), By Packaging Format (Bottles, Compact Cases, Droppers, Folding Cartons, Jar, Pallete, Pouches, Pumps and Dispensers, Roll On, Roll on Sticks, Sachet, Sticks, Tube, Wraps, Others), By End User (Prestige Brands, Mass Brands, Indie Brands, Private Labels),  By Region and  Forecast Till 2027.


Report ID : IR1001668 | Industries : Automotive and Transportation | Published On :June 2024 | Page Count : 155

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  • Global Cosmetics Original Design Manufacturing (ODM) Market, Trends and Growth Opportunity, By Product Type (Skin Care, Hair Care, Body Care, Makeup, Fragrances, Cologne), By Type (All Process ODM, Half Process ODM), By Packaging Format (Bottles, Compact Cases, Droppers, Folding Cartons, Jar, Pallete, Pouches, Pumps and Dispensers, Roll On, Roll on Sticks, Sachet, Sticks, Tube, Wraps, Others), By End User (Prestige Brands, Mass Brands, Indie Brands, Private Labels),  By Region and  Forecast Till 2027.
    Global Cosmetics Original Design Manufacturing (ODM) Market
    The Cosmetics Original Design Manufacturing (ODM) Market was valued at USD 53142.68 million in 2021 and is expected to reach USD 80940.96 million by 2027, registering a CAGR of 5.40% during the forecast period of 2022 to 2027.
    Original design manufacturing or ODM is also called "private label". Here, the retailer selects an already existing product design from the manufacturer's catalog. After that, he makes some small changes to the design of the product and then sells it under his own brand. Changes may include, for example, product sets or packaging, colors and branding, and some limited changes to features or components.
    Market Drivers 
    The Demand For Hair Care Products Is Increasing 
    Globally, the demand for hair care products is developing and hair loss, damage and thinning are increasing. Air pollution causes extreme hair loss, and researchers found that exposing hair to common pollutants lowered the hair's protein content. Proteins are the main component responsible for hair growth and durability. Hair tonics are often made with natural oils to help moisturize and lubricate the hair, protect the hair, reduce split ends and damage the skin. In addition, hair tonics, which are very trendy due to the influence of social media, help in styling hair. Therefore, increasing demand for hair care products is expected to boost the growth of the market. Advantages of the Cosmetics Original Design (ODM) market.  Companies with limited resources to create and build cosmetic products are turning to cosmetic original design manufacturing (ODM) to transform their formulations and concepts into tangible and tangible cosmetics. In this method, original design manufacturers (ODM) take care of testing, research and development, product concepts and production. In short, the ODM concept is the opposite of the OEM concept.
    Market Restraints 
    High price of the product and rising cost of cosmetics and availability of counterfeit products are expected to hinder the growth of the original design (ODM) cosmetics market. Moreover, several cosmetic side effects may challenge the growth of the target market during the forecast period of 2022-2027.
    Market segmentation
    The global cosmetics original design manufacturing market is divided into four segments based on product type, type, packaging format, and end user. The product type segment includes skin care, hair care, body care, makeup, fragrances, and cologne. The market is also segmented into type by all process ODM and half process ODM. The packaging format segment includes bottles, compact cases, droppers, folding cartons, jars, palettes, pouches, pumps and dispensers, roll-on sticks, sachets, tubes, wraps, and others. The end user segment includes prestige brands, mass brands, indie brands, and private labels.
    Regional Analysis 
    The market for cosmetics original design manufacturing (ODM) is divided into five regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Europe is currently the leading region in this market, owing to the presence of a robust personal care and beauty product manufacturing industry. On the other hand, North America is projected to witness the fastest growth during the forecast period of 2022-2027, as a result of the introduction of region-specific product varieties in this region.
    Market key players 
    Various key players are listed in this report such as COSMAX. INC, Toyo Beauty Co. Ltd, Nox Bellcow Cosmetics Co. Ltd, KOLMAR KOREA, Ancorotti Cosmetics S.p.a, Cosmecca Korea, Fareva, B. Kolormakeup & Skincare S.p.a, BioTruly Group, ANC Corporation, INTERCOS S.P.A, Francia Beauty.
    Market taxonomy 
    By Product Type 
    • Skin Care
    • Hair Care
    • Body Care 
    • Makeup
    • Fragrances
    • Cologne.
    By Type 
    • All Process ODM
    • Half Process ODM
    By Packaging Format
    • Bottles
    • Compact Cases
    • Droppers
    • Folding Cartons
    • Jar
    • Pallete
    • Pouches
    • Pumps and Dispensers
    • Roll On
    • Roll on Sticks
    • Sachet
    • Sticks
    • Tube
    • Wraps
    • Others
    By End User 
    • Prestige Brands
    • Mass Brands
    • Indie Brands
    • Private Labels.
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    Key Questions Addressed by the Report
    • What are the Key Opportunities in Global Cosmetics Original Design Manufacturing Market?
    • What will be the growth rate from 2022 to 2027?
    • Which segment/region will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the competitive Landscape in the Industry?
    • What is the role of key players in the value chain?