An original design manufacturer (ODM) is a company which designs and manufactures a product which is specified and eventually branded by another firm for sale. Such companies allow the brand firm to produce (either as a supplement or solely) without having to engage in the organization or running of a factory. ODMs have grown in size in recent years and many are now sufficient in size to handle production for multiple clients, often providing a large portion of overall production. A primary attribute of this business model is that the ODM owns and/or designs in-house the products that are branded by the buying firm.
According to the new market research report “Global Cosmetics ODM Market Report 2023-2029”, published by QYResearch, the global Cosmetics ODM market size is projected to reach USD 25.78 billion by 2029, at a CAGR of 7.1% during the forecast period.
- Global Cosmetics ODM MarketSize(US$ Million), 2018-2029
Above data is based on report from QYResearch: Global Cosmetics ODM Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch..
- Global Cosmetics ODM Top16Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Above data is based on report from QYResearch: Global Cosmetics ODM Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.
The global key manufacturers of Cosmetics ODM include COSMAX, Intercos, kolmar korea, Nihon Kolmar, Nox Bellow Cosmetics, Mana Products, Cosmecca, Chromavis, Ancorotti Cosmetics, BioTruly, etc. In 2022, the global top five players had a share approximately 25.0% in terms of revenue.
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