Thursday, April 15, 2021

Biodegradable Cosmetics Packaging Market Is Expected To Grow Tremendously By 2031

Biodegradable Cosmetics Packaging Market- An Overview

Packaging is an important part of cosmetics since it affects the brand image, product description and also protect the product from any external environment changes. Biodegradable packaging not only protects the environment but it also makes the packaging more aesthetic, guilt-free and easy to unwrap for the customers. Biodegradable cosmetics packaging uses eco-friendly material for packing goods. Many biodegradable cosmetics packaging materials are extracted from plants, animals and mineral sources. Cosmetics and health industry are constantly innovating packaging and using organic products to pack its products.

Major Key Players of the Biodegradable Cosmetics Packaging Market are:
Mondi plc, Eco Vision Inc., Weltrade Pty Ltd., Cortec Corporation, BASF SE, CHIC CHIQ, Elevate Packaging, Inc., International Paper Co.

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Customers are also constantly demanding sustainable packaging, which is forcing manufacturers to change current packaging and replace it with biodegradable materials like paper, metal, glass and plant-based plastics. Biodegradable cosmetics packaging is easily degradable by microbes present in nature and leaves back almost no wastage, which is incredible for the environment. Environmental concerns like global warming and toxic waste assemblage are forcing individuals to give up non-biodegradable packaging. Plastics and other harmful packaging materials wastage damage the marine environment. It eliminates the lives of aquatic animals, either by ingestion or entanglement with the wastage. BPA and Benzene found in many cosmetics packaging materials also harms human health, causing issues like respiratory diseases, blood pressure and even cancer in some cases.

Biodegradable Cosmetics Packaging Market- Segmentation

Global biodegradable cosmetics packaging market is segmented based on material, packaging and application.

On the basis of Material, biodegradable cosmetics packaging market can be segmented into:

  • Paper & pulp
  • Metal
  • Glass
  • Plastic
  • Others

On the basis of Packaging, biodegradable cosmetics packaging market can be segmented into:

  • Bottles
  • Pouches
  • Containers/ Jars
  • Tubes

On the basis of Application, biodegradable cosmetics packaging market can be segmented into:

  • Haircare
  • Skincare
  • Nail care
  • Others

Biodegradable Cosmetics Packaging Market- Dynamics

Due to its eco-friendly nature and recyclability factor, biodegradable packaging is user friendly and is easily disposable, which makes it customer’s one of the most favourable choices while shopping and choosing which cosmetics product to buy. Increased consumption of cosmetics is also shaping the global biodegradable cosmetics packaging market. Many cosmetics brands have already replaced their packaging with eco-friendly material which is sustainable in nature. One of such brands is UK based Lush Cosmetics which uses vegan products and 100% biodegradable cosmetics packaging. They also use naked packaging for many of its products which are valued by its customers.

Research objectives:-

– To study and analyze the global Biodegradable Cosmetics Packaging consumption (value & volume) by key regions/countries, product type and application, history data.

– To understand the structure of the Biodegradable Cosmetics Packaging market by identifying its various sub-segments.

– Focuses on the key global Biodegradable Cosmetics Packaging manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.

– To analyze the Biodegradable Cosmetics Packaging with respect to individual growth trends, future prospects, and their contribution to the total market.

– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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