MICROPLASTIC-FREE COSMETICS MARKET

INTRODUCTION

All kinds of minute plastic particles (less than 5mm) that are purposefully introduced to cosmetics and personal care items are referred to as "microplastics." They are frequently employed as fillers or as emulsifying agents.

Products that come in direct touch with our eyes and mouth, such as mascara, lipstick, foundation, and face powder, might contain a lot of microplastics.

There is therefore a need in the business to produce goods without such microplastics.

MICROPLASTIC-FREE COSMETICS MARKET SIZE AND FORECAST

The Global Microplastic-free Cosmetics market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

MICROPLASTIC-FREE COSMETICS MARKETNEW PRODUCT LAUNCH

In order to assist Personal Care formulators in reducing the impact of shampoos, conditioners, handwashes, and other rinse-off shower and bath products on marine and river life, Clariant now offers a naturally produced, quickly biodegradable opacifier.

A significant opacifying performance even at low concentrations is provided by the new Plantasens OP 95, a microplastic-free alternative that gives shampoos and liquid soaps a creamy white appearance 

Beyond packaging, there is a rising demand from consumers for biodegradable cosmetic ingredients, and legislative efforts to outlaw microplastics are taking shape.

The most widely-used opacifiers, which are not biodegradable, are classified as microplastics under an EU/EEA legislative proposal, and if limits are implemented as anticipated, they will be prohibited from rinse-off formulations.

Plantasens OP 95, which is readily biodegradable, provides formulators with a convenient, sulfate-free drop-in solution for opacifying a variety of hair and body care applications and encouraging environmentally conscious consumer behaviour.

It can help companies who make products respond to trends and add new claims to their rinse-off formulas. Additionally, perfect viscosity can be attained without the use of rheological agents, which reduces the complexity of the formulation.

MICROPLASTIC-FREE COSMETICS MARKETRECENT PARTNERSHIPS

L'Oréal has also entered into several partnerships to further its efforts to produce microplastic-free cosmetics. The company has partnered with the Plastic Odyssey, a research and development project that focuses on developing new technologies to recycle plastic waste and turn it into sustainable products.

In addition, L'Oréal has partnered with the Ellen MacArthur Foundation to develop a “circular economy” for plastic packaging, which would reduce plastic waste. 

Other companies have also made strides in the microplastic-free cosmetics market. Estee Lauder announced its commitment to becoming a “zero plastic company”. The company has since invested in research and development to reformulate its products to be free of microplastics. Additionally, the company has partnered with TerraCycle to develop a circular economy for plastic packaging. 

Unilever has invested in a project to develop microplastic-free face masks. The company is also investing in research to develop new technologies to reduce plastic waste and turn it into sustainable materials. 

Another important partnership in the microplastic-free cosmetics market is the collaboration between Unilever and the Plastic Soup Foundation. This partnership is focused on the development and implementation of sustainable alternatives to microplastics, as well as on raising awareness of the issue of plastic pollution.

Through this partnership, Unilever has committed to replacing plastic microbeads with natural biodegradable materials in its products.

The Unilever-Plastic Soup Foundation partnership has also led to the creation of the “Plastic Free Beauty” campaign, which has raised awareness of the issue of plastic pollution and has encouraged the development of sustainable alternatives to plastic microbeads.

Other partnerships in the microplastic-free cosmetics market include the collaboration between Procter & Gamble and the IUCN, which is focused on developing natural alternatives to plastic microbeads and raising awareness of the issue of plastic pollution.

Overall, the demand for microplastic-free cosmetics is growing, and companies are investing in partnerships and acquisitions to meet this demand.

Through these partnerships and investments, companies are developing new products and technologies that are free of microplastics and more sustainable. As the trend continues, it is likely that more companies will enter the market and expand their product lines. 

In conclusion, the microplastic-free cosmetics market is growing rapidly and companies are responding to the increased demand by investing in partnerships and acquisitions to develop new products and technologies. These investments are helping to create

MICROPLASTIC-FREE COSMETICS MARKETCOMPANY PROFILE

• Honest
• Aveda
• i+m Berlin
• Weleda
• Kora Organics
• Dr.Hauschka

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perGlobal Microplastic-free Cosmetics marketright now and how will it change in the next 5-6 years?
2. Average cost to set up aGlobal Microplastic-free Cosmetics marketin the US, Europe and China?
3. How manyGlobal Microplastic-free Cosmetics marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aGlobal Microplastic-free Cosmetics marketand key vendor selection criteria
6. Where is theGlobal Microplastic-free Cosmetics marketmanufactured? What is the average margin per equipment?
7. Market share ofGlobal Microplastic-free Cosmetics marketmanufacturers and their upcoming products
8. The most important plannedGlobal Microplastic-free Cosmetics marketin next 2 years
9. Details on network of majorGlobal Microplastic-free Cosmetics marketand pricing plans
10. Cost advantage for OEMs who manufactureGlobal Microplastic-free Cosmetics marketin-house
11. 5 key predictions for next 5 years inGlobal Microplastic-free Cosmetics market
12. Average B-2-BGlobal Microplastic-free Cosmetics marketprice in all segments
13. Latest trends inGlobal Microplastic-free Cosmetics market, by every market segment
14. The market size (both volume and value) ofGlobal Microplastic-free Cosmetics marketin 2024-2030 and every year in between?
15. Global production breakup ofGlobal Microplastic-free Cosmetics market, by suppliers and their OEM relationship.