Start-ups on Preservatives

A leading skincare company aimed to develop natural preservatives into their products. The company partnered with Stellarix for a strategic initiative to identify and evaluate high-potential startups and SMEs specializing in natural preservatives. The goal was to foster innovation and meet the rising consumer demand for sustainable, eco-friendly cosmetic solutions.

Client Background:

The client is a top skincare company

Engagement Objective:

The objective was to conduct a collaboration study on the below concepts:

• Identification of all SMEs and start-ups manufacturing natural preservatives for the cosmetic industry.
•  These preservatives can be available in the market or ready to be available in the market.

Client Impact:

• The insights drawn from the study helped the client in various strategic decisions, a few of which are enlisted below:
• Product formulation with identified preservatives
• Understanding technologies and methods for the formulation of cosmetic products
• Identification of startups with better technology for natural preservation 
• Understanding the current market and strategies for the plan of action