Bio-Based Cosmetics – Why Switch to Green Cosmetics?
Greens such as plant extracts and other elements are used in cosmetics and beauty products such as foundation, lipsticks, cosmetic powder, creams, lotions, and cleansers, as well as hair products such as shampoo, conditioners, and gels.
The cosmetics and personal care business is a vital industry that contributes significantly to gross domestic product (GDP). Cosmetics can be chemically manufactured or obtained from nature. In recent years, as consumers become more aware of the possible ill effects of synthetic substances in cosmetics, demand for cleaner and greener goods has witnessed a significant surge.
The desire among consumers for better lifestyles and goods that have a low environmental impact is one of the main drivers for the expansion of bio-based components for cosmetics and personal care.
Furthermore, growing per capita income, changing consumer lifestyles in emerging nations, and increasing knowledge about beauty contribute to the overall expansion of the cosmetics business, which is expected to aid bio-based cosmetic component manufacturers.
The global bio-based cosmetics and personal care ingredients market was valued at $4,679.33 million in 2021 and is predicted to reach $8,122.74 million by 2031, growing at a CAGR of 5.67 % between 2021 and 2031.
What are biocosmetics or green cosmetics?
Green cosmetics, bio-cosmetics, and eco-friendly makeup are all names that connote beauty products that are made with all-natural, non-toxic components, are safer for human use, and are kinder toward the environment.
It is normal for people to form judgments about an eco-friendly commodity or firm by seeing phrases like "100% natural," "of plant origin," "eco-bio," and so on; however, there is a lot of misunderstanding about the term "green" on a commercial and cognitive level.
In general, "Green Cosmetics" refers to a segment of the cosmetics business that creates products using ecologically friendly formulas, manufacturing procedures, and packaging methods.
A cosmetic may only be regarded as "green" if it incorporates active elements obtained from plants, such as minerals and plants, rather than chemically replicated active compounds and is prepared in an ecologically friendly manner.
Factors Accelerating the Growth of Biocosmetics
The biocosmetics and personal care ingredients market has grown rapidly in response to customer demand for natural goods as well as bio-based products generated from oils and fats.
The detrimental consequences of using chemical goods are the key reason for the increased use of bio-based components in cosmetic products, leading to customers showing a preference for items that contain bio-based ingredients.
As a result, cosmetics businesses are substituting bio-based components for synthetic ones. Bio-based cosmetics are a sustainable alternative to petroleum-based cosmetics that assist in reducing carbon dioxide emissions in the atmosphere.
Increase in Health-Related Concerns
At least one high-risk item harms health in five key cosmetics categories, namely, foundation, face cream, lipstick, mascara, and blush/bronzer. Vanilla, for example, is a popular lipstick component, but it poses a significant risk of cancer and allergic responses.
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Agricultural or mining commodities account for around 30% of the components used in everyday cosmetics. Tin, zinc, and copper are only a few of the substances obtained from mining, and they all pose a significant chemical danger.
Synthetic items such as aluminum salts, phthalates, parabens, and petrochemicals, which are polluted and dangerous to health, are being replaced due to a rise in health concerns and a substantial expansion in green technology concepts.
Females aged 19 to 35, on the other hand, are the most likely buyers of bio-based cosmetics and personal care products.
Furthermore, because of stronger brand loyalty, early adaptation to new trends, lower price sensitivity, and usage of social networks and information technology to become aware of new bio-based goods, the demographic aged 19 to 25 presents significant prospects for bio-based products.
The most important distribution channels are today department shops, specialty stores, the internet, pharmacy store chains, and merchants.
Why switch to bio-based cosmetics?
Synthetic and chemical products produce immediate results, but they gradually harm the skin cells. Furthermore, the creation of such cosmetic items pollutes our environment, which must be stopped for the sake of future generations.
Although green cosmetics mean that everything about them is environment friendly, everything ranging from natural components to manufacturing and packing is done keeping in mind its effect on the environment. Therefore, switching to green cosmetics not only means you'll be treating your skin with the richness of nature, but you'll also be doing your bit to help the environment by generating minimum waste and effect.
Europe: The Hub for Green Evolution
Europe, particularly Western Europe, is at the forefront of the green revolution, with increasing consumer awareness and accountability for green product adoption.
Consumers in Europe are becoming more aware of the negative effects of synthetic cosmetics, which is driving demand for bio-based products in the region.
As a result, the rising need for advanced ingredients that are naturally derived and efficiently processed to exhibit the same performance characteristics as current synthetic alternatives is driving the market for advanced ingredients that are naturally sourced and efficiently processed.
Conclusion
Consumers have begun to recognize the negative impacts of traditional cosmetics on the skin and the environment, resulting in a significant shift in the demand and preference for goods they currently purchase.
There is no harm to the skin because the ingredients in green cosmetics are all organic compounds such as olive oil, argan oil, castor oil, almond oil, aloe vera, coconut oil, and so on. These natural ingredients contain antioxidants that are anti-aging, while some are anti-bacterial, anti-fungal, anti-inflammatory, and anti-allergic. As a result, the need for organic products is skyrocketing, and manufacturers are following suit to keep up with the demand and stay in business.
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