The anticipated value of the cosmetics ODM industry in Western Europe is assumed to achieve USD 2,524 million by 2024, with an estimated CAGR of 5.2% in the adoption of cosmetics ODM services.
The growth in popularity of niche and special has created various opportunities for cosmetics ODM manufacturers. The cosmetics ODM industry in Western Europe is projected to attain a valuation of USD 4,183.4 million by 2034.
Key Insights and Highlights on Growing Opportunities and Emerging Trends
Attributes | Details |
---|---|
Demand Analysis in 2024 | USD 2,524 million |
Demand Forecast in 2034 | USD 4,183.4 million |
CAGR Estimation from 2024 to 2034 | 5.2% |
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
The cosmetics ODM industry in the Netherlands projects a remarkable CAGR of 7.7% through 2034, positioning itself as a dynamic hub for innovative and sustainable beauty solutions.
The cosmetic ODM industry of France sustains a steady CAGR of 6%, showcasing its enduring appeal as a center where traditional elegance converges with contemporary trends, fostering growth and sophistication in the industry.
Countries | CAGR through 2034 |
---|---|
Netherlands | 7.7% |
France | 6% |
The Netherlands exhibits a robust growth trajectory with a CAGR of 7.7% through 2034 in the cosmetics ODM industry. This remarkable expansion is attributed to the strategic positioning of the country as a hub for cosmetic innovation and its commitment to sustainable beauty solutions. ODM companies in the Netherlands benefit from a conducive business environment, fostering innovation and driving substantial industrial growth.
France showcases a steady CAGR of 6% through 2034 in the cosmetics ODM industry. Renowned for its influential beauty and fashion sectors, the consistent growth of France is propelled by a rich heritage in cosmetics and a strong emphasis on luxury beauty products.
The industry of France lies in its ability to combine traditional elegance with contemporary trends, making it an attractive hub for cosmetics ODM companies seeking diverse opportunities and a sophisticated consumer base.
In 2024, the cosmetics ODM industry showcased a balanced distribution of industrial share, with hair care and private labels holding substantial positions at 15.2% and 15.5%, respectively. This indicates a consumer-driven demand for both specialized hair care solutions and exclusive, retailer-specific cosmetic products, highlighting the industrial adaptability to diverse preferences and industrial segments.
Category | Industrial Share in 2024 |
---|---|
Hair Care | 15.2% |
Private Labels | 15.5% |
In 2024, the hair care category commanded a substantial industrial share of 15.2%, reflecting a significant demand for customized and specialized hair care products. This trend suggests a growing focus on personal grooming and a willingness among consumers to invest in premium hair care solutions.
Private labels secure a notable industrial share of 15.5% in 2024, indicating a rising preference for customized and exclusive cosmetic products. The private labels category reflects an industry where consumers appreciate unique formulations and branding strategies tailored to specific retailers, contributing to the diversification of the cosmetics ODM industry.
Competition in Western Europe is less intense than in the Asia Pacific, particularly in South Korea, Japan, and India. The industry experiences growth, not saturation, attributed to the high popularity of brands like Kay Beauty and Skin Glass cosmetics.
In Western Europe, the concept of Cosmetics ODM is relatively new, resulting in fewer manufacturers compared to OEM. Consequently, OEM holds greater popularity in Western Europe due to its established presence.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
Attribute | Details |
---|---|
Estimated Industry Size in 2024 | USD 2,524 million |
Projected Industry Size in 2034 | USD 4,183.4 million |
Anticipated CAGR between 2024 to 2034 | 5.2% CAGR |
Demand Forecast for the Cosmetics ODM Industry in Western Europe | 2024 to 2034 |
Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing the Cosmetics ODM Industry in Western Europe, Insights on Global Players and their Industry Strategy in Western Europe, Ecosystem Analysis of Local and Regional Western Europe Providers |
Key Provinces Analyzed | The United Kingdom; Germany; Italy; France; Spain; The Netherlands; Rest of Western Europe |
Key Companies Profiled | Intercos Group; Oracle OEM; Viaderm Limited; Herrco Cosmetics Ltd; BioTruly Group; ANC Corporation; Kolmar Korea; Francia Beauty; Nowcos Co. Ltd.; Sabel Cosmetics Ltd |
The industry size of the cosmetics ODM industry in Western Europe is estimated to be USD 2,524 million in 2024.
The anticipated CAGR for the cosmetics ODM landscape through 2034 is 5.2%.
By 2034, the demand for the cosmetics ODM industry will reach USD 4,183.4 million in value terms.
The cosmetics ODM industry in Netherlands is projected to rise at a CAGR of 7.7% in Western Europe through 2034.
Estimated Market Size (2023) | USD 13,460.7 million |
---|---|
Projected Market Size (2033) | USD 23,265.4 million |
CAGR (2023 to 2033) | 5.6% |
Explore Beauty & Wellness Insights
View ReportsThank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.