South Korea Personal Care Contract Manufacturing Market Size & Outlook
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South Korea personal care contract manufacturing market highlights
- The South Korea personal care contract manufacturing market generated a revenue of USD 550.7 million in 2023 and is expected to reach USD 1,066.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 9.9% 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 550.7 million |
| Market revenue in 2030 | USD 1,066.6 million |
| Growth rate | 9.9% (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, South Korea accounted for 2.6% 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 Asia Pacific, China personal care contract manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,397.8 million by 2030.
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Personal Care Contract Manufacturing Market Scope
Personal Care Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Eco Lips, Inc. | View profile | 11-50 | Cedar Rapids, Iowa, United States, North America | http://www.ecolips.com/ |
| Bright International | View profile | 11-50 | Coolidge, Arizona, United States, North America | http://www.brightcorp.us/ |
| Biogenesis | View profile | 1-10 | Palo Alto, California, United States, North America | https://www.mybiogenesis.com/ |
| Anchor Capital | View profile | 1-10 | Raleigh, North Carolina, United States, North America | http://anchorcap.us/ |
| Mansfield-King | View profile | 101-250 | Indianapolis, Indiana, United States, North America | https://www.mansfieldking.com/ |
| Voyant Beauty | View profile | 1001-5000 | Chicago, Illinois, United States, North America | http://www.voyantbeauty.com/ |
| Oxygen Development | View profile | 251-500 | Palm Springs, California, United States, North America | http://oxygendevelopment.com |
| Intercos | View profile | 5001-10000 | Agrate Brianza, Lombardia, Italy, Europe | https://www.intercos.com |
| Fareva | View profile | 5001-10000 | Tournon-sur-rhône, Rhone-Alpes, France, Europe | http://www.fareva.com/ |
| HATCHBEAUTY | View profile | 51-100 | Los Angeles, California, United States, North America | https://www.hatchbeautybrands.com/ |
| Maesa Group | View profile | 251-500 | New York, New York, United States, North America | http://www.maesa.com/ |
| Vi-Jon | View profile | 1001-5000 | St Louis, Missouri, United States, North America | https://www.vijon.com |
| Kowloon Development Co Ltd ADR | View profile | 2641 | 750 Nathan Road, 23rd Floor, Pioneer Centre, Kowloon, Hong Kong, Hong Kong | https://www.kdc.com.hk |
| Accupac | View profile | 501-1000 | Harleysville, Pennsylvania, United States, North America | https://www.accupac.com/ |
| Colep Packaging | View profile | 501-1000 | Vale De Cambra, Aveiro, Portugal, Europe | https://colep-pk.com |
South Korea 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 87.58% in 2023. Horizon Databook has segmented the South Korea 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.
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Target buyers of South Korea personal care contract manufacturing market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea personal care contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into South Korea personal care contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea personal care contract manufacturing market size, by custom formulation and r&d, 2018-2030 (US$M)
South Korea Personal Care Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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