Product ID: UCMIG30L2022
Personal Care Contract Manufacturing Market Size, Share, Growth Analysis, By Formulation(Liquids, Creams), By Application(Skincare, Haircare), By regions(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG30L2022 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Personal Care Contract Manufacturing Market Insights
Market Overview:
The worth of the global personal care contract manufacturing market was estimated at USD 18.19 billion in 2021. The market is expected to register a growth rate of 8.0% during the forecast period, reaching a value of USD 33.62 billion by 2029, starting from USD 19.60 billion in 2022. The COVID-19 pandemic had an unexpected impact on the market, with lower demand reported in all regions in comparison to pre-pandemic levels. Our analysis indicates that the market saw a decline of 6.0% in 2020 when compared to 2019.
Personal Care Contract Manufacturing Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Personal Products by segment aggregation, the contribution of the Personal Products in Household & Personal Products and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Personal Care Contract Manufacturing Market Report Snapshots
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