MYC Packaging Innovation Co Ltd

Essential Mirror

This mirror compact is crafted entirely from PET packaging – including the mirror itself – which means that the complete compact can be recycled at a plastic recycling facility at the end of its use, without having to disassemble the mirror from the compact. The PET mirror offers good reflective qualities and is resistant to scratches and scuffs. The compact is suitable to contain face and eye cosmetic powders and can also be made in PCR resin, to reduce its environmental impact even further. The lightweight compact is designed to be set with either a 42mm or 59mm diameter pan and is made entirely from PET, including the case, hinge, and mirror.

Booth#: 6-G09

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Product Headline
This mirror compact is crafted entirely from PET packaging – including the mirror itself – which means that the complete compact can be recycled at a plastic recycling facility at the end of its use, without having to disassemble the mirror from the compact. The PET mirror offers good reflective qualities and is resistant to scratches and scuffs. The compact is suitable to contain face and eye cosmetic powders and can also be made in PCR resin, to reduce its environmental impact even further. The lightweight compact is designed to be set with either a 42mm or 59mm diameter pan and is made entirely from PET, including the case, hinge, and mirror.
Product Description​
MYC’s new PET mirror is an exciting addition to our ‘Essential’ line of 100% PET products. By incorporating a PET mirror into existing PET packaging, the entire product becomes 100% recycle-ready at end-of-use. No disassembling needed. The mirror can be shaped to fit several formats - from pressed powder compacts to multi color eyeshadow palettes - or even sold as a stand-alone make-up accessory. The first MYC product to benefit from this innovation is our Essential lightweight compact. By swapping the regular glass mirror for a PET alternative, eco-conscious beauty customers can enjoy a lightweight, elegant and truly recyclable compact.
Claims & Benefits
MYC is committed to evolving its Essential Catalogue of PET products. These designs are sleek and contemporary, and their PET components can be separated for recycling readiness when the formula is finished. However, MYC recognizes that the time spent dissembling the PET from the non-PET components is disadvantageous and diminishes the probability of the user disposing of them consciously. The MYC PET Compact + PET Mirror enables easy, 360-degree recycling. By replacing glass with PET, the entire compact can be addressed to a facility for plastic recycling and no disassembly is needed.
Technical Details​
Lightweight compact designed to accommodate a 42mm or 59mm diameter pan - the perfect size for colour face cosmetics. Made entirely of PET - case, hinge and mirror. PCR resin is also available and used for even lower environmental impact. The PET material offers crystal-clear transparency and brightness for excellent shade ID.
Launch Date
09/18/2024
Price List, Target Consumer & Market Segments
The PET compact is optimal for pressed powder formulas for face and eyes. The addition of a PET mirror taps into a macro trend for 100% sustainable packaging that is recycle-ready at the end of the formula’s life. This asset is particularly appealing to Gen Z and millennials who buy large quantities of trend-ready colour make-up, yet are concerned about the ecological footprint they leave. Pricing may vary depending on selected pack and finish.
Website and Social Channel/s
https://www.myc-innovation.com https://www.instagram.com/myc_packaging_innovation/
What sets your product apart and why is it innovative?
Eco-conscious beauty consumers are actively seeking our sustainable packaging formats. However, functionality and aesthetic appeal are also important. Gen Zs and Millennials want ‘Wow’ value along with innovation and ease-of-use. The compact’s PET mirror has good reflective properties, and represents the best alternative to a regular glass mirror. On top, it carries a strong message of commitment to a sustainable ethos. MYC’s PET mirror also has an improved mechanical resistance to scratches and scuffs. While there are numerous PET compacts on the market, on the whole they contain a glass mirror and/or other components that reduce recycling probability or require some extra actions to separate the parts before disposal. Our new PET compact closes the gap by offering a truly recyclable compact throughout its architecture. By swapping the material of the mirror (aka glass for PET) we have created a new sustainable model for the category.
How do you promote your product on multiple channels?​
Our products are strategically promoted through social media, principally LinkedIn and Instagram We also showcase our catalogue at international trade fairs and events.
How does your product meet the evaluation criteria of its category?​
This product is innovative for several reasons: - Uniquely integrated, 100% PET packaging design - 100% recycle-ready in standard recycling streams - Many options for brand personalization - Timely response to macro market trends for next-level sustainability
Patents
N/A
What is you brand commitment to sustainability, ethical practices, and social responsibility? Please describe.
MYC is a passionate international team devoted to innovation throughout the entire product cycle. We deliver new products in a safe, sustainable and fashionable way. Through our LIF – Low Impact Future – strategy, we are committed to lowering our environmental impact to build a positive future. We want to play our part and redesign manufacturing processes to reduce CO2 emissions, waste generation and energy consumption and implement circularity. Our sustainability targets and KPIs are constantly monitored through a LEAN method to measure efficiencies and resources productivity in factories and offices. We also hold our supply chain partners to the highest standards in all our activities. Concretely we: Provide a safe and healthy working environment for our employees and prohibit forced labour, child labour, workplace discrimination, workplace harassment, and punishment. Respect our employees' freedom of association and right to collective bargaining. Ensure decent living for our employees Actively organise and participate in social welfare activities. Abide by business ethics, honest management, and fair competition, and oppose fraud, corruption and bribery. Continue to develop and use environmentally friendly and recyclable materials. Actively use green renewable energy to gradually reduce our dependence on fossil fuels and reduce greenhouse gas emissions. Encourage public transport, reduce the use of petrol vehicles and promote sustainable transport. Increase research and development and innovation of new technologies, and sustainable production with more green technologies. Actively explore water and electricity saving measures to achieve water recycling and energy recovery.
Certifications
MYC is a member of the UN Global Compact Organization, and we strictly abide by the Global Compact's ten principles. We implement corporate social responsibility and business ethics in strict accordance with SAI and ETI standards. We have obtained SA800 certification, passed SMETA 4P, and prepared CSR reports according to GRI standards for three consecutive years. We have been validated by TUV and SGS. On top, MYC has won the silver Ecovadis medal for three consecutive years.

Timeline

18 July 2024

Platform Opening

30 September 2024

Entries closing

21 October 2024

Finalists Announcement

13 November 2024

Awards Ceremony
Winners Announcement

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