BEAUTY

Organic Cosmetics Market to grow at CAGR of 5% in 2031 | Impact of COVID-19

The organic cosmetics market to grow at CAGR of 5.0% throughout the forecast period 2021-2031. Natural claims have sparked the sustainability quotient in addition to being significant product purchase drivers when paired with product efficacy claims and brand identity.

Customers now demand total transparency from cosmetics producers regarding their sourcing practises, goods, ingredients, and environmental practises. As the requirement to prove their social and environmental credentials develops, more cosmetics companies and manufacturers are searching for ways to redefine their own brands through sustainability-focused items, services, and customer experiences.

The packaging trends in the personal care sector have evolved to incorporate more secure, natural formulas, and practical packaging. Natural solutions are being employed more and more in product packaging as a result of the excellent response they are receiving from the product industry. The businesses’ marketing techniques call attention to profitable container designs while also advocating natural solutions.

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BEAUTY

Vegan Cosmetics Market is Expected to surpass US$ 20 bn by 2030, likely to Grow Moderately in 2030

The global cosmetics-market”vegan cosmetics market is expected to surpass US$ 20 bn by 2030, likely to Grow Moderately during the assessment period 2020-2030 . The market for vegan cosmetics will expand as a result of the fast shifting consumer preferences brought on by rising environmental concerns and the spiralling demand for cruelty-free and vegan cosmetics.

In the upcoming years, it is anticipated that the market for vegan cosmetics would grow significantly. The vegan cosmetics sector is growing thanks to protests against animal testing. In the West, the tendency is spreading at an unprecedented rate, and according to FMI, it will soon be common in many high-potential areas throughout the world.

Recent surveys indicate that British women are more inclined to buy cruelty-free cosmetics, yet only one-third of them rigorously adhere to the vegan lifestyle. FMI considers that social trends like the “clean beauty”

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BEAUTY

Avantium provides plant-based PET to produce recyclable packaging for LVMH Perfumes & Cosmetics | Article

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Avantium has signed an agreement with luxury goods conglomerate LVMH Group (Moët Hennessy Louis Vuitton) to secure a fixed volume of the plant-based, fully recyclable polymer polyethylene furanoate (PEF) for their cosmetics packaging. It is hoped to be a step towards the commercial launch of a new and sustainable packaging material.

Avantium’s new FDCA Flagship Plant is currently under construction; the company claims it to be the world’s first commercial plant to produce furandicarboxylic acid (FDCA) from plant-based sugars. FDCA is an essential component in creating PEF, which they say is a stronger and more protective material than the average petroleum-based plastic – leading to superior product protection and reducing the amount of packaging required in any one product.

Reportedly, trials of PEF packaging for LVMH beauty brands such as Parfums Christian Dior, Givenchy Parfums and Guerlain have been successful. Packaging the products in this material is hoped

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