Home Care Contract Manufacturing Market Supplier Intelligence And Pricing & Cost Structure Intelligence 2020–2025

 Home care Contract Manufacturing Market Category Intelligence

Home care contract manufacturing market has grown significantly since 2017 and is expected to grow at a CAGR of 11.42% from 2020-2025. Some of the homecare product manufacturers have expanded their business geographically during the lockdown period.

Synergy HomeCare announced that it has sold in 35% more territories in 2020 as compared to 2019. Similarly, Best Life Brands awarded 71 new franchise agreements across its brands last year. Other companies like HHCN expect the sales to be boosted even more when the pandemic comes to an end.

A U.K.-based contract manufacturer, McBride, has utilized this opportunity to expand its portfolio. In retail manufacturing alone, McBride has 6000 references manufactured and 1.5 million pallets delivered to over 250 customers. As a contract manufacturer, they have boosted their customer base. As of 2020, they have manufactured over 30 home and laundry care categories, which are active in the market for 150 brands.

The suppliers offering contract manufacturing for homecare products also cater to personal products, which is witnessing a strong growth due to changes in shopping patterns and formulations. The major selection criteria are Certifications and Ingredients used by the contract manufacturer, brands prefer partnering with manufacturers who use organic ingredients in their production process.

Request a free sample copy or view report summary: “Home Care Contract Manufacturing Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2025”

 

Home care Contract Manufacturing Market Category Intelligence Highlights:

  • Home care contract manufacturers are investing more into R&D due to the rising health and environmental concerns among consumers
  • The global market features a fragmented competitive landscape and several small players are entering the market
  • Suppliers widely prefer bundled outsourcing operating models to reduce the risks and improve the potential for value creation

Home care Contract Manufacturing Market Cost Intelligence Highlights:

Grand View Research has identified the following key cost components for Home care Contract Manufacturing:

  • Raw Material Costs
    • Water
    • Surfactants
    • Chelating Agent
    • Buffer Solution
    • Alkalinity
  • Operational Cost
    • Labor and Manual Overheads
    • Depreciation
    • R&D
    • Tax
    • SG&A
    • Profit

"Raw materials are the major cost component of home care contract manufacturing and account for 75% of the total cost of production."

Operational Capabilities (with weightage) for Supplier Ranking and Selection in Home care contract manufacturing Category

  • Years in Service - 15%
  • Geographical Service Presence - 25%
  • Employee Strength - 5%
  • Revenue Generated - 7%
  • Key Industries Served - 34%
  • Key Clients - 5%
  • Certifications - 9%

Functional Capabilities (with weightage) for Supplier Ranking and Selection in Home care contract manufacturing Category

Product Type - 30%

 

  • Liquid Conceterate
  • Solid Concenterate
  • Sourcing Pads
  • Others

 

Use Type - 70%

  • Kitchen Cleaning
  • Bathroom Cleaning
  • Glass and Metal Cleaners
  • Floor Cleaners
  • Upholstery Cleaners
  • Others

List of Key Suppliers in the Home care Contract Manufacturing Category

  • PCC
  • McBride
  • Fareva
  • Unified Solutions for Cleaning
  • Access Business Group
  • The Korex Companies
  • Formula Corp
  • G. Electro Products
  • STPP Group
  • AAYKAY Detergents and Chemicals

Check out the featured Addon Services offered with Blister Packaging Market Procurement Intelligence Report:

 

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

 

Our services include (not limited to):

 

  • Market Intelligence involving - market size and forecast, growth factors, and driving trends
  • Price and Cost Intelligence - pricing models adopted for the category, the total cost of ownership
  • Supplier Intelligence - rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
  • Sourcing / Procurement Intelligence - best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

 

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

 

Find More information @ https://www.grandviewresearch.com/pipeline

Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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