Global Cosmetics OEM and ODM Services Market Size to Exceed USD 98.6 Billion by 2035 | CAGR of 7.33%
Category: Consumer GoodsGlobal Cosmetics OEM and ODM Services Market Size to Exceed USD 98.6 Billion by 2035
According to a Research Report Published by Spherical Insights & Consulting, The Global Cosmetics OEM and ODM Services Market Size is expected to Grow from USD 45.3 Billion in 2024 to USD 98.6 Billion by 2035, at a CAGR of 7.33% during the forecast period 2025-2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC on the "Global Cosmetics OEM and ODM Services Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Skincare, Haircare, Makeup, Fragrances, and Personal Care), By Distribution Channel (Offline and Online), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/cosmetics-oem-and-odm-services-market
The cosmetics OEM and ODM services market involves companies that provide contract-based manufacturing and product development solutions, enabling beauty brands to design, formulate, and produce customized skincare, haircare, makeup, and personal care products efficiently. The market for OEM and ODM services for cosmetics is expanding rapidly worldwide due to growing customer demand for customized, natural, and cutting-edge beauty products. Brands are outsourcing product development and manufacturing to specialized OEM and ODM partners as a result of growing consumer awareness of skincare, wellness, and clean-label formulations. Independent and up-and-coming beauty firms are now more powerful thanks to the growth of e-commerce and digital marketing, which has increased their need for OEM and ODM services for quick product launches. Additionally, sustainability initiatives like cruelty-free formulations and environmentally friendly packaging are influencing industrial practices. Growing disposable incomes and urbanisation are driving increased demand in emerging countries in Latin America and the Asia-Pacific. The market is still being strengthened by strategic alliances, partnerships, and innovation-driven product creation, setting it up for long-term growth in the years to come. However, high production costs, strict regulations, quality control challenges, and dependency on manufacturers restrain the growth of the cosmetics OEM and ODM services market.
The skincare segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the cosmetics OEM and ODM services market is divided into skincare, haircare, makeup, fragrances, and personal care. Among these, the skincare segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. Growing demand from customers for customised, all-natural, and efficient skincare products. The need for novel formulas, the rise of independent and up-and-coming beauty businesses, and growing skin health consciousness are the main factors propelling this market. Because of ongoing innovation and market expansion, it is anticipated to maintain a significant CAGR over the course of the forecast period.
The offline segment accounted for the highest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the distribution channel, the cosmetics OEM and ODM services market is divided into online and offline. Among these, the offline segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. A lot of customers prefer to visit physical stores in order to speak with brand representatives directly, receive individualised consultations, and try products. Retail establishments offer a unique shopping experience that fosters loyalty and trust. Over the course of the forecast period, this segment's impressive CAGR is anticipated to be driven by the ongoing growth of physical stores as well as successful in-store marketing techniques.
North America is expected to hold the majority share of the global Cosmetics OEM and ODM Services market during the forecast period.
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North America is expected to hold the majority share of the global cosmetics OEM and ODM services market during the forecast period. The area benefits from a high level of consumer knowledge of skincare and personal care goods, a robust presence of well-known beauty brands, and sophisticated manufacturing infrastructure. Demand is also fuelled by the quick uptake of sustainable products, customised beauty solutions, and novel formulations. North America's leading position in the worldwide market is further supported by strategic investments, technological developments, and an increasing emphasis on high-end and natural cosmetics.
Asia Pacific is anticipated to grow at the fastest pace in the global cosmetics OEM and ODM services market during the forecast period. The global market for OEM and ODM services for cosmetics is anticipated to develop at the quickest rate in the Asia Pacific. Demand is being driven by growing middle-class populations, rising disposable incomes, and growing awareness of beauty and personal care goods. Furthermore, the popularity of K-beauty and other cutting-edge cosmetic trends, the region's robust manufacturing skills, and growing e-commerce platforms are all contributing to the quick uptake of OEM and ODM services throughout the Asia Pacific.
Major vendors in the global Cosmetics OEM and ODM Services market are Kolmar Korea Co., Ltd., Cosmax Inc., Intercos Group, Nox Bellow Cosmetics Co., Ltd., BioTruly Company Limited, Nihon Kolmar Co., Ltd., Cosmo Beauty Co., Ltd., Chromavis S.p.A., Ancorotti Cosmetics S.r.l., Toyo Beauty Co., Ltd., Schwan-STABILO Cosmetics GmbH & Co. KG, Fareva Group, HCT Group, Cosmecca Korea Co., Ltd., Tokiwa Corporation, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In January 2025, L’Oréal partnered with a leading cosmetic biotech startup to integrate AI-driven skin analysis into product development. This collaboration enhances precision in personalized formulations and accelerates R&D capabilities for OEM and ODM service providers.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. spherical insights has segmented the cosmetics OEM and ODM services market based on the below-mentioned segments:
Global Cosmetics OEM and ODM Services Market, By Product Type
- Skincare
- Haircare
- Makeup
- Fragrances
- Personal Care
Global Cosmetics OEM and ODM Services Market, By Distribution Channel
- Online
- Offline
Global Cosmetics OEM and ODM Services Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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