Hexa Reports Industry Personal Care Product Contract Manufacturing Marke
Personal Care Product Contract Manufacturing Market Growth
Analysis & Trends Forecast by 2025
“The Global Personal Care Contract Manufacturing Market is expected to
reach USD 25.8 billion by 2025, according to a new report by Hexa Reports.
Increasing focus on R&D and promotional activities to gain market share in
competitive personal care industry.”
The Global Personal Care Contract Manufacturing Market is expected to reach USD 25.8 billion by 2025,
according to a new report by Hexa Reports. Increasing focus on R&D and promotional activities to gain market
share in competitive personal care industry are expected to drive demand over the forecast period.
The major brands including P&G, and Unilever are outsourcing mass manufacturing and have initiated the
manufacturing of innovative products to protect their intellectual property as well as to reduce the operating
cost, which is expected to drive the contract manufacturing market over the forecast period.
Rising need for skin care products, advanced beauty treatments and marketing strategies by manufacturers
such as Unilever, L'Oreal and P&G and macroeconomic factors such as rising disposable income of consumers
is expected to result in an increasing demand for cosmetics products, which in turn is expected to drive the
market.
Browse Detail Report With TOC @
http://www.hexareports.com/report/personal-care-product-contract-manufacturing-market
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