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Contract Manufacturing To Climb 6%

Outsourcing continues to make gains, says Grand View Research.

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By: TOM BRANNA

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Driven by all things indie, The global personal care contract manufacturing market size topped $17 billion in 2018 and is projected to 6.1% a year through 2025, according to Grand View Resarch. Rising demand for hair and skin care products is expected to propel the market growth over the forecast period. Demand for organic products, owing to rising awareness regarding the harmful effects of chemical products, is estimated to fuel the growth further. Skin care was the largest segment in 20...

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