Now that we understand why eco friendly cosmetic packaging represents a lucrative business opportunity and the key factors for success, let's dive into the actual step-by-step process of starting such a venture.

1. Business Plan

• Define the vision, mission and target markets

• Estimate costs, revenues, operating model and funding requirements

• Develop comprehensive 1-3-5 year growth projections and exit strategies

Regulatory Compliance

• Register the company as per local laws
• Obtain necessary operating licenses and certifications

Location and Facility

• Source an industrial space with sufficient production capacity
• Set up manufacturing equipment and quality control systems

Material Sourcing

• Identify and onboard suppliers of sustainable packaging materials
• Negotiate pricing terms and commit to bulk order volumes

Product Development

• Design minimalist, reusable packaging styles across stock sizes
• Conduct pilot production runs and sample submissions

Documentation

• Compile safety, sustainability and traceability documentation
• Pursue recognized eco certifications for materials and operations

Marketing

• Create brand identity, website and brochures
• Reach out to green bloggers and trade shows for discovery

Sales

• Secure initial stocking listings from independent natural brands
• Offer customized solutions tailored for mass consumer brands

Hiring

• Onboard skilled production, sales and management talent
• Outsource non-core operations initially to optimize costs

Financing

• Raise angel/VC funding, apply for government startup incentives
• Deploy capital towards scaling manufacturing capacity

1. Operations

• Establish efficient fulfillment, tracking and recycling processes
• Continuously optimize efficiencies and reduce environmental impact

1. Growth

• Expand geographically and into personal care, food & beverage segments
• Pursue strategic partnerships, certifications and product innovation

Adhering to this roadmap ensures all bases are covered right from the concept stage to enable strong early growth trajectory. Sourcing funding support along the way can smoothen execution gaps. Consistent evaluation of operations and staying nimble to changing regulations and demand keeps the business on the right track for long term leadership in its niche.