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Beauty and Personal Care Market Key Highlights for 2024

DUBLIN, March 22, 2024 /PRNewswire/ — The “Voice of the Industry: Beauty and Personal Care Key Highlights” report has been added to ResearchAndMarkets.com’s offering.

Overall optimism in beauty and personal care in 2024 is driven by technological developments, which span a wide range, from traditional and generative artificial intelligence, to blockchain, to new formulation and ingredient launches. The beauty and personal care industry is still grappling with inflation, although rates are expected to moderate in 2024. As a result, greater channel competition is projected, with gains most pronounced for discounters, online marketplaces and e-commerce.

Key Findings

The beauty industry

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by Elis•
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Lumson to highlight a new refill glass jar

The new Slim rechargeable glass jar in 50ml formathas recently joined Lumson’s REPLACE line, which already includes Unique, DeLuxe, and Japa refillable glass jars.

This new solution, designed for prestige skincare products, has a minimal captivating profile, and is perfectly aligned with the three key concepts of REPLACE sustainable design:

– Rethink (the packaging has an Eco-design approach),

– Re-Gento give the glass jar a new life and play a part in reducing the CO2 emissions,

– Re-Actthe consumer plays an increasingly active role and customizes the product by simply replacing the inner cup.

Slim refill jar

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by Elis•
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Givaudan decreases the environmental footprint of hyaluronic acid production

Givaudan Active Beauty has been unveiled Primal Hyal 50 Lifea new low molecular weight hyaluronic acidthe company claims to be “the most sustainable” in its portfolio [1]. Leveraging microbial strain engineering and precision fermentation, Givaudan Active Beauty is said to have achieved an outstanding performance -91% reduction in environmental impact during the production process.

According to the company, PrimalHyal 50 Life boasts:

– a reduction of 92% in greenhouse gas emissions;

– a reduction of 95% in acidification and eutrophication of water;

– a reduction of 90% in non-renewable energy usage;

– a reduction of

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by Elis•
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Paris Packaging Week announces the PCD Innovation Awards winners

The winners of the PCD Innovation Awards – the prize honoring the most technically innovative and beautiful packs in perfume, cosmetics, personal care, hair care, and skincare – was announced on January 17 on the opening day of Paris Packaging Week 2024.

The jury, which included representatives from powerhouse brands such as Chanel, Cartier, Interparfums, L’Oréal, The Estée Lauder Companies, and Groupe Clarins, among others, as well as specialized journalists, and led by Jury President and packaging expert Hervé Bouix, convened on December 14, 2023, at Jujin New York to select the winners from an initial pool of over 220

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by Elis•