May 13, 2019 06:38 ET | Source: Adroit Market Research Adroit Market Research

Dallas, Texas, May 13, 2019 (GLOBE NEWSWIRE) -- The global cosmetics OEM/ODM market is expected to reach USD 77.22 billion by 2025 growing at a CAGR of 5.3% over the study period.

Demand for organic cosmetics has been growing in developed as well as emerging economies. Within the U.S., more than 55% of the women considered buying natural skincare products instead of the ones containing chemical excipients available on shelf today. Consumer perception that natural products improve skin tone and texture is the key factor influencing the purchase behavior within the consumers. Herbal extracts are largely added to the skincare products owing to numerous properties such as antioxidant, pigmentation inhibition, & antimicrobial activity.

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In terms of type, ODM dominated the global market by contributing over 60% in 2018 and is expected to maintain its dominance by 2025. New product launch demands rigorous research & development in which ODM companies provide expertise. Cosmetic companies majorly focus on distribution network and branding/marketing of their products. Some lack efficient R&D hence depend on ODM companies for their products.

Increasing demand for cosmeceuticals is expected to drive the ODM sales in coming years as these products contain pharmaceutical ingredients with cosmetic formulation Cosmetics alone are not enough for maintaining healthy skin; it requires combination of active natural ingredients to repair damaged skin and other ingredients to rejuvenate new skin tissues. Herbal cosmetics have grown due to immense acceptance rates in emerging economies and have shown minimal side effects on daily usage compared to synthetic cosmetic products.

The “Global Cosmetics OEM/ODM Market Size by Type (OEM and ODM); by Application (Skincare, Makeup, Haircare, and Others), by Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa and Forecast 2018 to 2025” study provides an elaborative view of historic, present and forecasted market estimates.

The cosmetics OEM/ODM market is consolidated in nature with presence of well-established players occupying majority of the market share across the globe. Key players include COSMAX, KOLMAR KOREA, Intercos Technology (Suzhou SIP) Co., Ltd, COSMOBEAUTY CO., LTD., TOYO BEAUTY CO.,LTD, Raphas Co., Ltd., Nox Bellow Cosmetics Co.,Ltd, COSMECCA KOREA, ESTATE CHEMICAL Co.,Ltd.

Key players within the market are concentrating on M&A activities to increase their presence within the global market. In May 2018, Cosmecca Korea purchased stake in U.S. based Englewood Lab, Inc, worth USD 53.7 million which accounts for 34.71% of stake within the company. Acquisitions means that Cosmecca is trying to generate revenues from its subsidiaries. Cosmecca currently is focusing on North America and South East Asian countries for potential business. Furthermore, stringent regulatory scenario in European countries coupled with political conflicts with china has resulted in shift of focus for Cosmecca as of 2019.

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In November 2018, Cosmax in collaboration with Lancer Skincare to offer skincare products in Australian market. Reputation of Korean Cosmax with independent distribution network of Lancer Skincare is expected to benefit both companies to create a new business opportunity in Australia. Furthermore, in November 2017, Cosmax filed an acquisition of Nu-World to strengthen its position in the ODM business. Such strategies are being adopted by key vendors within the market

Major points from Table of Contents: Chapter 1            Executive Summary Chapter 2             Research Methodology Chapter 3             Market Outlook Chapter 4             Cosmetics OEM/ODM Market Overview, By Type Chapter 5             Cosmetics OEM/ODM Market Overview, By Application Chapter 6             Cosmetics OEM/ODM Market Overview, By Region Chapter 7             Company Profiles Continued…

Grasp advance knowledge on Cosmetics OEM/ODM Industry through in-depth Blogs, White Paper & Infographics:

Access the White Paper “Japanese Cosmetic OEM Manufacturers Need To Take A New Approach To Sustain Against China & Korea” @ https://www.adroitmarketresearch.com/case-studies/japanese-cosmetic-oem-manufacturers-need-to-take-a-new-approach-to-sustain-against-china-and-korea

Read the in depth blog titled “What Cosmetic OEM And ODM Really Is?” @ https://www.adroitmarketresearch.com/blogs/what-cosmetic-oem-and-odm-really-is

Global Organic and Natural Personal Care Market Size 2017-2023: The report includes organic personal care market trends and historic and forecast estimates in terms of revenue (USD million). The organic and natural personal care products market report includes categorization on the basis of product type and region. The report further includes organic and natural personal care market size and forecast for each of the aforementioned categories. An in-detail impact of various organic personal care market trends such as drivers, opportunities, and restraints has been covered in the industry outlook section of the study. Browse the full report @ https://www.adroitmarketresearch.com/industry-reports/organic-and-natural-personal-care-market

Global Color Cosmetics Products Market Size and Forecast, 2018-2025: The global color cosmetics products market size is segmented on the basis of product type, distribution sector and region. On the basis of product type the market is segmented as nail-care, face make-up, eye make-up, and lip-care. Segmentation on the basis of distribution channels is done as hypermarkets, specialty stores, superstores and online stores. Browse the upcoming report@ https://www.adroitmarketresearch.com/industry-reports/color-cosmetics-products-market

Global Cosmetic Ingredients Market Size and Forecast, 2018-2025: The cosmetic ingredients market is segmented on the basis of Type, end-user, Function and region. Segmentation on type of product is done as Surfactants, Emollients, Polymers, Antioxidants and Preservatives and Rheology Modifiers. The surfactants are dynamic ingredients which is widely used in hair care, skin care, and grooming products for men. Cosmetic ingredients market trends indicate preference towards organic products, hence manufactures are using green surfactants in the products.

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