5 Views: Where Beauty Manufacturing is Going Next
The personal care contract manufacturing market is projected to be worth $40.5 billion by 2030, representing a growth rate of 8.7% annually.
These indispensable innovation partners have also become attractive acquisition/investment targets due to the uncertainties that often face consumer beauty and personal care brands.
In fact, per a Capstone Partners report, manufacturers with an “established blue-chip client base” are most attractive and offer “buy-and-build” opportunities for scaling operations.
The firm concludes, “contract manufacturers with expansive capabilities, product expertise and efficient manufacturing operations are expected to continue to draw sponsor interest.”
Looking at the current landscape of beauty manufacturing, a number of themes have emerged, including operations with differentiating technologies and enhanced capabilities via vertical integration.
1. Biotech Beauty Without the Heavy R&D Costs
Debut is democratizing access to the biotech revolution with the launch of BiotechXBeautyLabs , a contract manufacturing and formulation development platform that provides brands of various sizes with access to high-performance, sustainable biotech ingredients incorporated into custom formulations and white label products...
2. Kolmar Brings K-beauty Expertise to North America
Kolmar Korea is boosting its North American cosmetics manufacturing capabilities by announcing plans to build a second U.S. plant in early 2025. That new site is in addition to the recently opened Kolmar Innovation Center in New Jersey...
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3. ANJAC’s APR Beauty Acquisition Boosts Cosmetic & Turnkey Capabilities
Paris-based Anjac Health & Beauty GROUP , a manufacturer and filler of cosmetics, medical devices, drugs and food supplements, has invested in Toronto-area-based APR Beauty, thereby boosting its expertise in makeup, skin care and UV protection OTC products, particularly formulation, manufacturing, filling and turnkey capabilities. Prior to the investment, ANJAC already boasted sites in France, California, Spain and Canada...
4. AI-based Product Authentication for Brands & Manufacturers
Amid a complex regulatory environment and increasing consumer demands for brand transparency, Systech International , a specialist in regulatory compliance, supply chain and brand protection technology, is developing new tools for beauty manufacturers and brands.
The firm recently updated its UniSecure brand protection platform, which enables product security via serial number verification to thwart counterfeiters, secure QR codes to address diversion and collect data on market penetration and regional usage, and e-Fingerprint authentication to apply unique non-replicable identifiers during the packaging printing process.
The company has now added AI-based authentication, which assesses packaging artwork to determine products’ authenticity, per Systech. Dubbed UniSecure ArtAI, the technology “uses machine vision and machine learning to create a digital blueprint of the features of the packaging artwork,” per the company, which allows for product identification via pattern recognition...
5. Boosting Skin Care & Makeup Manufacturing for a Solutions-based Future
奇华顿 has completed the acquisition of Italy-based B.KOLORMAKEUP&SKINCARE SPA SB - BENEFIT CORP. , a specialist in the development and production of finished makeup and skin care products for beauty brands...