Thai Ho Group

What Thai Ho Group does

Thai Ho Group is a privately held, Taiwan-founded beauty manufacturer and self-described 'beauty incubator hybrid' established in 1980 in Kaohsiung. The company provides full-service OEM/ODM/OBM manufacturing, turnkey product development, creative services, and R&D to global beauty brands, operating across subsidiaries in Taiwan, Shanghai (China), Tokyo (Japan), and Los Angeles (US), with additional R&D nodes in Anhui and Guangzhou, and employing over 800 people across the four countries.

The company's technical core combines proprietary patented capabilities — patented laser decoration, 3D molding technology for cosmetics, 360 custom baked powder formulations, and broad-spectrum CBD extraction/formulation — with a 'Formula Think Tank' library of more than 10,000 stock formulations accumulated over 40+ years. It holds 38+ patents across multiple scientific categories and invests approximately 7.5% of revenue in R&D. Manufacturing facilities are CGMP, SA8000, ISO 22716, REACH, EEC, and FDA 21 CFR Part 11 compliant, and the company operates one of only two CNAS-certified state testing centers in the China cosmetics industry, providing test reports accepted in 100+ countries.

THG's business model is B2B and quote-based, with revenue derived from OEM/ODM manufacturing contracts, turnkey product programs spanning concept to distribution, and licensing of proprietary technologies under multi-year contracts. It serves three primary customer segments — legacy beauty brands (Shiseido, L'Oréal, Maybelline, Revlon, Coty, Sephora, Max Factor, Rimmel, Oriflame, Essence, Catrice), indie and digital-first beauty brands (Tarte, Rare Beauty, e.l.f., Morphe, Winky Lux, Perfect Diary), and licensing/brand partners — with no direct-to-consumer sales. The company is founder-controlled under CEO Michael Kuo and pursues international expansion through geographic expansion, M&A-style partnerships (e.g., the 2015 Cosmetics Aida technology transfer in Japan), and university-industry talent pipelines.

Name

Thai Ho Group

Legal name

Thai Ho Group

Website

https://thaiho.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Thai Ho Group is a Taiwan-founded, privately held OEM/ODM/OBM beauty manufacturer serving global legacy and indie cosmetic brands with turnkey product development, proprietary patented technologies, and manufacturing facilities across Asia and the United States.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. OEM/ODM Manufacturing Services: Original Design Manufacturing and Original Equipment Manufacturing services for beauty brands. Provides full-service manufacturing including creative services, R&D, and global manufacturing under one roof.
2. Turnkey Product Solutions: Complete beauty product development from concept to distribution, including creative services, packaging, and production.
3. Licensing and Partnerships: Licensing opportunities for brands to utilize THG's proprietary technologies and formulas.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Thai Ho Group is a B2B beauty contract manufacturer and beauty incubator that provides OEM, ODM, and OBM services — combining creative services, R&D, formulation, packaging, regulatory, and global manufacturing under one roof — for color cosmetics and skincare brands. The company also licenses proprietary patented technologies (laser technology, 3D molding, 360 custom baked powder, CBD extraction) and runs turnkey programs from concept to distribution.

Product overview

Thai Ho Group is a beauty incubator and cosmetics manufacturer offering a comprehensive portfolio of color cosmetics and skincare products combined with full-service manufacturing capabilities. The core product offerings include: HD Color Wet + Dry Eyeshadow, Skin Transforming Foundations and Setting Powders, 3D Collagen Lip Gloss + Stain, 360 Custom Baked Powder, Duo Color Lip Stain Oil, Skincare Products, Advanced Formulation + High Performance Pigments, Premium Gradation and Multi-Colored Blushes + Bronzers, Base Makeup, Broad Spectrum CBD Skincare + Makeup, and Spectacular Lip Products. The company also offers proprietary patent technologies including Patented Laser Technology and 3D Molding Technology. Service offerings encompass OEM/ODM/OBM manufacturing, Licensing + Partnerships, Turnkey Programs, Creative Services, R&D Product Development, Regulatory + Quality Assurance, Packaging + Assembly, Premium Manufacturing, and Global Distribution + Logistics. The company positions itself as the first manufacturer and beauty incubator hybrid, providing creative services, R&D, and global manufacturing under one roof.

Differentiator

Problem solved

Functional benefit

Products and services

• HD Color Wet + Dry Eyeshadow

Quantifiable outcome

• 40+ years of industry experience in color cosmetics manufacturing
• +4 more outcomes

Named customers17 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Kaohsiung Medical University (Department of Cosmetics)coreStrategic or Co-development Partner · 1 January 2018THG signed a cooperation agreement with the Department of Cosmetics and Cosmetics of Kaohsiung Medical University in Taiwan to cultivate future R+D talents, guide outstanding graduates to enter Thai Ho Group, and establish a platform for industry-university cooperation for future R+D talents.
• Aida Cosmetics (Yamato-shi, Kanagawa, Japan)coreStrategic or Co-development Partner · 1 January 2015THG Cosmetics Japan partnered with Aida Tokyo, which has focused on make-up development and manufacture since 1984 with three CGMP-compliant production bases in Watari District, Miyagi-ken. THG provides advanced equipment, product formula, production process, and key raw materials to support technology transfer and production of newly developed products for the Japanese market.
• Shanghai Soong Ching Ling FoundationminorOthersTHG group has spared no effort in social welfare, donating to the Shanghai Soong Ching Ling Foundation and assisting public welfare activities in medical, education and social welfare in remote areas.
• Love for Mothers' Family Charity FundminorOthersTHG group supports the Love for Mothers' Family Charity Fund and assists public welfare activities in medical, education and social welfare in remote areas.

Scale indicators9 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Intercos: Italian-listed global leader in color cosmetics and skincare OEM/ODM, serving prestige and mass brands worldwide. Comparable to THG in offering creative development, formulation, and industrial manufacturing under one roof for global beauty brands.
• Mana Products: New York-based OEM/ODM manufacturer of color cosmetics serving global brands from concept to finished product. Comparable to THG on full-service beauty incubation and US-centric manufacturing, though Mana focuses on color while THG is heavier on skincare-makeup hybrids.
• Kolmar Korea: Korea-listed cosmetics contract manufacturer offering OEM/ODM services to global brands including color cosmetics, skincare, and beauty devices. Kolmar overlaps THG on customer base, technology-led differentiation, and Asian manufacturing footprint.
• Ancorotti Cosmetics: Italian contract manufacturer specialized in mascara, eyeliner, lip products, and powder cosmetics with strong R&D and global brand customers. Comparable to THG on color cosmetics manufacturing focus and European brand customer base.
• Cosmetics Aida: Tokyo-based cosmetics OEM/ODM with three CGMP-compliant Japanese production bases, established since 1984. Already partnered with THG for Japanese-market technology transfer, making it a tightly overlapping peer in the Japanese color cosmetics manufacturing space.
• Cosmetic Group USA: US-based full-service cosmetics manufacturer offering formulation, filling, and packaging for prestige and indie beauty brands. Comparable to THG on turnkey services targeting indie and legacy brand customers with proprietary formulation capabilities.
• Cosmax: South Korea-headquartered global cosmetics OEM/ODM giant serving L'Oréal, Estée Lauder, and dozens of indie brands across color cosmetics and skincare. Cosmax is THG's most direct large-scale competitor and operates a comparable turnkey R&D-plus-manufacturing model in Asia.
• KDC/One (Knowlton Development Corporation): North American personal care and cosmetics contract manufacturer with formulation labs and global manufacturing facilities. Comparable to THG on turnkey beauty manufacturing, regulatory expertise, and multi-region production capabilities.
• Fareva: France-based global contract manufacturer serving beauty, healthcare, and home care industries with 40+ industrial sites worldwide. Comparable to THG on multi-region, multi-category manufacturing depth serving large beauty brand customers.

Emerging players

• BMC (Beauty Manufacturing Solutions): US-based cosmetics contract manufacturer focused on color cosmetics and skincare for emerging and indie brands. Comparable to THG on turnkey service model but with a smaller, more US-centric footprint focused on indie and emerging brand customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/thai-ho-group

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thai Ho Group