What's driving the Cosmetic OEM/ODM Market Growth?Posted by smith john on March 16th, 2020 Cosmetic OEM/ODM Market has exhibited continuous growth in recent years and is projected to grow even further during the forecast period (2020-2027). The research documents a detailed analysis of the market, compiling Current Growth Factors, Future trends, attentive opinions, historical data, facts and statistically supported and industry-validated market data.
The Cosmetic OEM/ODM research report also provides an overall analysis of the market share, size, segmentation, revenue forecasts and geographic regions of the Cosmetic OEM/ODM in addition to an in-depth study of industry-leading players, with respect to their company profile, capacity, price, product portfolio, revenue, and cost. The research report also entails a detailed analysis of the Cosmetic OEM/ODM current applications and comparative analysis with a keen focus on the opportunities and threats of Cosmetic OEM/ODM and competitive analysis of major companies.
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Players operating in the global cosmetic OEM/ODM market are adopting various growth strategies to expand their customer base. For instance, in March 2019, KBL Cosmetics launched a new innovation design product i.e. Foldable Triangle Eyeshadow. In 2017, Cosmax acquired full stake in the U.S. cosmetics developer and manufacturer, Nuworld, for US$ 50 million. Cosmax plans to enhance its local manufacturing facility as well as research and marketing to gain a competitive edge in the U.S. cosmetics manufacturing market. In 2017, Cosmecca Korea announced to set up its third factory in Pinghu, Zhejiang Province, China. This new site will increase Cosmecca’s production in China to 240 million units.
Major players operating in the global cosmetic OEM/ODM market include Intercos S.p.A., Kolmar Korea Co. Ltd., Scalpi Cosmética sa, Cosmecca Korea Co., Cosmax Inc., Mana Products Inc., KBL cosmetics Ltd., Urist Cosmetics Incorporated, Fareva Holding SA, Milliona Cosmetics Co., Ltd., Skinlys, Maesa SAS, Schwanhäußer Holding GmbH & Co. KG, Tricorbraun Inc., Herrco Cosmetics Limited, Architectural Beauty, Allure Labs Inc., Case Mason Filling, Inc., Pardaco Trading Pte Ltd, and KDC/ONE among others.
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