GLOBAL COSMETICS PACKAGING RESIN MARKET

INTRODUCTION

 Gaalène, a cosmetics packaging resin made from non-food resources grown in France, is the main innovation. Similar to polyolefins, this new generation of plastic is made from starch and biosourced at a minimum rate of 50%.

There are many of its primary interests: recyclability, no GMOs, local farming, and a significantly lower carbon footprint The overcharge is decreasing more and more as oil prices rise. Both injected parts and bottles made by blow molding and extrusion can be made with the Gaalène resin. Additionally, it permits the production of thin shrink films of 40 microns for multipackaging solutions.

In terms of non-food vegetal technical valuation, the French chemicals industry is well ahead of other major agricultural nations. In conjunction with world-class specialized industrial clusters and research institutes, France has one of the most advanced food industries.

France has a lot of assets thanks to the synergy between the food, plastics, and packaging industries, which should help the country become a leader in this field.

Thermoplastic PE Green resins, which are made entirely from cane sugar ethanol and share the same mechanical and aesthetic properties as high density polyethylene derived from crude oil, were introduced into the cosmetics market in the family of polyolefins.

The so-called bio-PET and other thermoplastic resins ought to soon be utilized in cosmetic packaging. These resins are already available for liquids like soda and water bottles and can be blended with traditional plastics up to 20% or 30%.

These materials, which are only available from a small number of suppliers worldwide, meet the marketing needs of brands who want to emphasize their sustainable practices. Manufacturers of packaging also gain from this: The production rates of these new vegetal plastics do not change, and tooling can be utilized in similar circumstances.

GLOBAL COSMETICS PACKAGING RESIN MARKETSIZE AND FORECAST

TheGlobal Cosmetics packaging resin marketaccounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

As part of WWP Beauty's commitment to providing customers with a cosmetics packaging resin, the company announces their partnership with Eastman. WWP Beauty is a world-class full-service supplier to the global beauty industry.

Since WWP Beauty received their International Sustainability & Carbon Certification (ISCC) in 2021, the two companies have been on this journey together. This certification demonstrates that the molecular recycled content of their products can be traced throughout the entire development cycle, from creation to manufacturing.

One of the "pillars of purpose" of WWP Beauty is to provide our customers with access to the most recent sustainability technology and to make a positive and purposeful impact on the environment by collaborating with eco-conscious organizations like Eastman.

As we advance our shared commitment to creating a beauty system that is more circular, we are pleased to collaborate with Eastman and take advantage of its superior molecular recycled resin technologies.

The ISCC certification of WWP Beauty's Taicang manufacturing facility gives brands peace of mind that we are supplying them with certified packaging materials that are both sustainable and socially responsible.

The Cristal One Renew Collection includes a compact with a luxurious bluish tint, lip gloss, and a bulky wall jar. The recyclable RIC 1 resin used in the design of this collection contributes to the development of a more circular economy and contains 50% molecular recycled content.

Eastman's CristalTM One Renew resin has been found to be recyclable in the PET recycle stream by both APR in the United States and EPBP in Europe.

Cristal One Renew is made with Eastman's molecular recycling technologies, which use waste plastic feedstock instead of fossil fuels, and produces 20-30% fewer greenhouse gas emissions than traditional resin manufacturing. and also allows landfills to be diverted.

COMPANY PROFILE

• WWP
• Cristal
• onTop
• Lyonde
• Unilever

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Cosmetics packaging resin are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Cosmetics packaging resin and key vendor selection criteria
3. Where is the Cosmetics packaging resin manufactured? What is the average margin per unit?
4. Market share of Global Cosmetics packaging resin market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Cosmetics packaging resin in-house
6. key predictions for next 5 years in Global Cosmetics packaging resin market
7. Average B-2-B Cosmetics packaging resin market price in all segments
8. Latest trends in Cosmetics packaging resin market, by every market segment
9. The market size (both volume and value) of the Cosmetics packaging resin market in 2023-2030 and every year in between?
10. Production breakup of Cosmetics packaging resin market, by suppliers and their OEM relationship