Hexa Reports Industry Personal Care Product Contract Manufacturing Marke | Página 2

VVF India Ltd. and ApolloCorp., Inc. survive in the market by catering to the local customers and maintaining
their contracts. As the survival in the industry is challenging owing to the presence of a large number of local
manufacturers, these companies focus on providing premium quality services to their current customers
rather than acquiring new contracts.
Further key findings from the report suggest :
 Skin care contract manufacturing accounted for 30.5% of the revenue share in 2016 and is expected to
grow at a CAGR of 6.6% owing to the rising demand from millennials to delay the signs of aging
 Fragrances & Deodorants accounted for 14% of the overall revenue share with growing demand for
premium fragrances and deodorants such as Axe and Dove owing to rising focus on personal hygiene
 Rising demand for organic and natural products is expected to compel the formulators to search for
organic alternatives for synthetic raw materials which are expected to have a positive impact on the
custom formulation and R&D segment growth
 Asia pacific accounted for 29.0% of revenue share in 2016 owing to the growing demand for personal
care products among youth in the developing economies including China and India
 The major players in contract manufacturing industry adopt different pricing strategies to acquire new
customers and gain regional share by providing high-performance products with customized solutions
concerning services.
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Table Of Content
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Chapter 1 Methodology And Scope
Chapter 2 Executive Summary
Chapter 3 Market Variables, Trends & Scope
Chapter 4 Personal Care Contract Manufacturing Market: Service Estimates & Trend Analysis
Chapter 5 Personal Care Contract Manufacturing Market: Regional Estimates & Trend Analysis
Chapter 6 Competitive Landscape
Chapter 7 Company Profiles
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