The global cosmetic oem/odm market is expanding as a result of the rising demand for individualized and natural cosmetic products. For instance, the Korean cosmetics company Amorepacific introduced the personalized skincare brand IOPELAB in 2020. This brand enables clients to build skincare products specifically for their skin type and skin-related issues. The cosmetic oem/odm market may experience expansion as a result of this factor.
The global Cosmetic OEM/ODM Market was valued at US$ 56.3 billion in 2022 and is expected to exhibit a CAGR of 6.40% over the forecast period (2023– 2030),
Major Players in the Cosmetic OEM/ODM Industry:
1. Intercos S.p.A
Intercos S.p.A was founded in 1972 and it,s headquarter in Milan, Italy.The company operates in 11 countries. Intercos is the leading company in the global ODM(original design manufacturing) market, active in the production of Color Cosmetic, Skin care.
2. Kolmar Korea Co. Ltd
Kolmar Korea Co. Ltd was launch in 2012. And its headquarter - Pennsylvania, , United States. It operate over 80 country. Kolmar Korea, a cosmetics ODM company in Korea, has acquired the Kolmar brand trademark from the Kolmar Group of the United States.
3. Cosmecca Korea Co
Cosmecca Korea Co., was launch in 1999 and it’s headquarter located in Eumseong, Chungcheongbuk-do Province, South Korea.it operate over 50 country. Cosmetics innovator chooses PLM as it gears towards becoming a global R&D leader and cosmetics hub
