Global Microplastic-Free Cosmetics Market 2022-2030

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    GLOBAL 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.

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    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.

     

    GLOBAL 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 2022 to 2030.

     

    NEW 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.

     

    RECENT 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

     

    COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average cost per Global Microplastic-free Cosmetics market right now and how will it change in the next 5-6 years?
    2. Average cost to set up a Global Microplastic-free Cosmetics market in the US, Europe and China?
    3. How many Global Microplastic-free Cosmetics market are 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 a Global Microplastic-free Cosmetics market and key vendor selection criteria
    6. Where is the Global Microplastic-free Cosmetics market manufactured? What is the average margin per equipment?
    7. Market share of Global Microplastic-free Cosmetics market manufacturers and their upcoming products
    8. The most important planned Global Microplastic-free Cosmetics market in next 2 years
    9. Details on network of major Global Microplastic-free Cosmetics market and pricing plans
    10. Cost advantage for OEMs who manufacture Global Microplastic-free Cosmetics market in-house
    11. 5 key predictions for next 5 years in Global Microplastic-free Cosmetics market
    12. Average B-2-B Global Microplastic-free Cosmetics market price in all segments
    13. Latest trends in Global Microplastic-free Cosmetics market, by every market segment
    14. The market size (both volume and value) of Global Microplastic-free Cosmetics market in 2022-2030 and every year in between?
    15. Global production breakup of Global Microplastic-free Cosmetics market, by suppliers and their OEM relationship. 
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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