QatarBusinessToday.com
No Result
View All Result
  • About Us
  • Contact Us
  • Business
  • Energy
  • Finance
  • Healthcare
  • Real Estate
  • Travel
  • Tech
  • Middle East
  • Press Releases
Submit a Press Release
  • Business
  • Energy
  • Finance
  • Healthcare
  • Real Estate
  • Travel
  • Tech
  • Middle East
  • Press Releases
No Result
View All Result
QatarBusinessToday.com
Submit PR
Home Press Releases

Cosmetics OEM/ODM Market Rising Awareness About Skin Health

Newsroom by Newsroom
October 14, 2022
Share on FacebookShare on Twitter


(EMAILWIRE.COM, October 14, 2022 ) According to Precision Business Insights (PBI), the latest report global cosmetics OEM/ODM market is expected to reach USD 50.23 billion in 2021, growing at a CAGR of 5.4% over the forecast period 2022-28. OEM, which stands for “Original Equipment Manufacturer” in the cosmetics sector, denotes ownership of the design and formulation of a certain product. Additionally, there are words like “private label,” where the OEM is the brand’s original creator. As an alternative, ODM (Original Design Manufacturing) firms develop the general layout and technical specifications of the products that the cosmetic companies market under their brands. Companies that manufacture and create items with low resources.

View Complete Report: https://precisionbusinessinsights.com/market-reports/cosmetics-oem-odm-market/

The Cosmetics OEM/ODM Market Growth Factors

The increasing demand for branded products is one of the major growth factors for the cosmetics OEM/ODM market, as well as the factor that will drive the market during the forecast period. The rise in disposable income and disposable income per capita in emerging economies like India, China and Brazil has led to an increase in consumer spending. The increasing popularity of cosmetics, which offer a wide range of benefits over food items due to their high nutrient content and low-calorie content, has led to an increase in their demand over time. In addition to this, the rising awareness about skin health and beauty has further increased their demand in these regions. The increase in disposable income per capita and consumer spending are also propelling the cosmetics OEM/ODM market. The increase in population base coupled with an expanding middle-class population is also expected to fuel the growth of this market during the forecast period.

The Cosmetics OEM/ODM Market Segmentation

The global Cosmetics OEM/ODM Market on the basis of Type, the market is bifurcated into OEM and ODM. On the basis of Application, the market is segregated into Skincare, Makeup, Haircare, and Others. On the basis of Distribution Channels, the market is classified into Hypermarkets, Specialty Stores, Superstores, and Online Stores.

The Cosmetics OEM/ODM Market Trends

• The key factors driving the growth of this market are the rising demand for customized products, the increasing number of manufacturing units in emerging economies, and increasing export opportunities.

• The growth of the cosmetics OEM/ODM market can be attributed to increasing demand for customized products and high-quality products. Growth in demand for customized products is driven by increasing consumer preference for organic products

Request Sample Of The Report https://precisionbusinessinsights.com/request-sample?product_id=41766

The Cosmetics OEM/ODM Market Regional Analysis

The key factors driving the growth include increasing demand for organic products, innovative product designs, increasing penetration of online shopping platforms among consumers, rising disposable income levels among consumers in emerging countries such as China and India, and growing health consciousness among consumers across all regions of the world. The European region stood out as the largest contributor to the global cosmetics OEM market with a significant market share during 2018; however, it is expected to witness an erosion in its share during the forecast period due to lower production volumes caused by industry challenges such as Brexit-related uncertainty

The major players operating in the Cosmetics OEM/ODM Market are Bawei, kolmar Korea, Cosmobeauty, NoxBellow Cosmetics, Itshanbul, PICASO Cosmetic, Cosmecca, BIOTRULY GROUP

Related Reports:

Cosmetics Consumption Market: By Product Type (Fragrances, Skin Care Products, Color Cosmetics, Hair Care Products, Hygiene Products, Others) By Category (Conventional and Organic) By Pricing (Low-priced, Medium-Priced, Premium-Priced) By Distribution Channel (Online, Offline) and Geography

https://precisionbusinessinsights.com/market-reports/cosmetics-consumption-market/

Halal Cosmetics Market: By Type (Personal Care, Makeup, Fragrances), By Application (Hair, Skin, Body, Face, Lips, Eyes), By Usage ( Men, Women, Unisex), By Distribution Channel (Supermarkets, Hypermarkets, Drugstores, Online Stores) and Geography

https://precisionbusinessinsights.com/market-reports/halal-cosmetics-market/

Cosmetic Pigments Market: By Product Type (Special Effect Pigments, Surface Treated Pigments, Nano pigments and Natural colorants), By Elemental Composition (Organic and Inorganic), By Application (Facial makeup, Lip Products, Eye Makeup, Nail Products, Hair Color Products and Others) and Geography

https://precisionbusinessinsights.com/market-reports/global-cosmetic-pigments-market/

About Precision Business Insights:

We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers. Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

Contact:

Mr. Satya

Precision Business Insights | Toll Free: +1 866 598 1553

Email: sales@precisionbusinessinsights.com

Kemp House, 152 – 160 City Road, London EC1V 2NX

Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747



Source link

Previous Post

Veterinary Orthopedics Market Increasing Demand For The Rising Number Of Pets Is Expected To Augment Market Growth

Next Post

FIFA announces partnership with Globant to wide-ranging FIFA+ and multi-tournament agreement

Related Posts

Press Releases

GPS Tracking Device Market Worth $5.7 Billion in 2028

March 27, 2023
Press Releases

IoT in Healthcare Market Size, Share, Trends, Analysis and Forecast to 2028

March 27, 2023
Steel Wire Market expected to grow at a CAGR of 6.26 percent during the forecast period
Press Releases

Steel Wire Market expected to grow at a CAGR of 6.26 percent during the forecast period

March 27, 2023
Visual Effects (VFX) Market expected to grow at a CAGR of 8.2 percent during the forecast period
Press Releases

Visual Effects (VFX) Market expected to grow at a CAGR of 8.2 percent during the forecast period

March 27, 2023
Power Grid Market worth $367.4 Billion by 2028
Press Releases

Power Grid Market worth $367.4 Billion by 2028

March 27, 2023
Metagenomic Sequencing Market: Continuous technological innovations in NGS platforms
Press Releases

Metagenomic Sequencing Market: Continuous technological innovations in NGS platforms

March 27, 2023

Recommended Stories

Sarcoma Drugs Market is expected to register USD 1405.3 Mn in 2029, Industry Trends

Sarcoma Drugs Market is expected to register USD 1405.3 Mn in 2029, Industry Trends

January 13, 2023

Digital Logistics Market Analysis By Demand, Key Players, End Users, Types, Growth & Forecast 2025

July 12, 2022
Seaweed Market Worth $23.2 Billion by 2028

Seaweed Market Worth $23.2 Billion by 2028

August 24, 2022

Popular Stories

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • Exchange goods, vehicles, or property for crypto on Bazaars

    0 shares
    Share 0 Tweet 0
  • Rastec Real Estate holds groundbreaking for mixed-use building project

    0 shares
    Share 0 Tweet 0
  • Qatari Ministry, Meta partnership seeks growth of digital innovation ecosystem

    0 shares
    Share 0 Tweet 0
  • Al Futtaim Group Real Estate partners with TIER Mobility for micro-mobility services at Dubai Festival City – MEConstructionNews.com

    0 shares
    Share 0 Tweet 0

Qatar Business Today™ publishes and aggregates business, socio-economic, Tech and industrial news on Qatar, Middle East and North Africa (MENA)..

Press release distribution services:

We provide press release distribution to media in Qatar, the Arab world and the GCC/MENA regions. Submit a press release today, contact us.

Recent News

.
  • ‘I haven’t earned a single rial’: Qatar migrant labourers left stranded and jobless after the World Cup – The Guardian
  • Hitachi Energy wins contract for Saudi HVDC station upgrade – ZAWYA
  • RPT-COLUMN-Australia's gas sector says more supply is the answer. Probably not: Russell – Yahoo Finance
  • Great Place to Work Announces Top Companies in Qatar for 202… – MENAFN.COM

Categories

Business
Energy
Finance
Healthcare
Real Estate
Travel
Tech
Middle East
Press Releases

Subscribe to Our Newsletter

    Qatar Business Today™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • Business
    • Energy
    • Finance
    • Healthcare
    • Real Estate
    • Tech
    • Travel
    • Middle East
    • Press Releases
    • About Us
      • Contact Us
      • Submit a Press Release

    Qatar Business Today™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC