According to Cognitive Market Research, the global Cosmetics ODM market size was USD 14215.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.60% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 5686.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4264.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3269.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.6% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 710.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 284.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
The skin care is the fastest growing segment of the Cosmetics ODM industry
