The Global Cosmetic Dyes Market Estimated to Advance at $371.75 Million by 2028

The Global Cosmetic Dyes Market Estimated to Advance at $371.75 Million by 2028

“The Global Cosmetic Dyes Market”
As per Triton’s research report, the global cosmetic dyes market gained $243.86 million in 2020, and is predicted to surge at a CAGR of 4.91% by 2028.

A recent study by Triton Market Research titled ‘Global Cosmetic Dyes Market’ includes the Global Analysis and Forecasts by Type (Inorganic Dyes, Organic Dyes), Application (Lip Products, Nail Products, Eye Make-up, Facial Make-up, Other Applications), and by Geography (Middle East and Africa, Europe, Asia-Pacific, North America, Latin America). 

Cosmetic dyes play a major role in cosmetic products since it adds colors in them. They are either organic or inorganic. 

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As per Triton’s research report, the global cosmetic dyes market is forecasted to grow at a CAGR of 4.91% during the years 2021-2028. The market is evaluated to gather revenue worth $371.75 million by 2028.

In recent years, the demand for vegan colors in cosmetic products has gained significant traction worldwide. Since vegan cosmetics are not made from any animal product, they are considered to provide various skin benefits. Further, a 3D make-up printer offers personalized cosmetic color, transforming images into wearable make-up instantly. Hence, the growing demand for vegan colors, coupled with the introduction of 3D make-up technology, is offering new opportunities to the cosmetic dyes market globally. 

Conversely, strict laws by various governments and growing awareness about chemical side effects in cosmetic products are hampering the overall development of the cosmetic dyes market. 

The cosmetic dyes market is segmented into type and application. The type section is bifurcated into inorganic dyes and organic dyes. Based on application, the market is divided into lip products, nail products, eye make-up, facial make-up, and other applications.

The Asia-Pacific holds the largest market for cosmetic dyes. As per the UN Environmental Program, a significant percentage of the region’s population, approximately four billion, are exposed to high levels of air pollution, causing health risks to arise. The pollution hampers the collagen and oxides the lipid layer in the skin, with smog particles penetrating significantly in the skin. Moreover, these factors lead to dullness, acne, and premature aging. Given these factors, consumers are inclined towards buying various cosmetic products, which ultimately augments the growth of the cosmetic dyes market. 

Organic Dyes and Pigments LLC, Vivify Speciality Ingredients, Dayglo Color Corporation, Lanxess, Sensient Cosmetic Technologies, Merck Group, Arlex Chemi Pvt Ltd, Kolorjet Chemicals Pvt Ltd, Neelikon Food Dyes and Chemicals Limited, Pylam Products Company Inc, Dystar Group, Clariant, Chromatech Incorporated, Koel Colours Pvt Ltd, and BASF are major companies in the cosmetic dyes market. 

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Question & Answer: Cosmetic Dyes Market

Question 1: What factors are offering new opportunities to the cosmetic dyes market globally?

Answer: In recent years, the demand for vegan colors in cosmetic products has gained significant traction worldwide. Since vegan cosmetics are not made from any animal product, they are considered to provide various skin benefits. Further, a 3D make-up printer offers personalized cosmetic color, transforming images into wearable make-up instantly. Hence, the growing demand for vegan colors, coupled with the introduction of 3D make-up technology, is offering new opportunities to the cosmetic dyes market globally. 

Question 2: What factors are hampering the overall development of the cosmetic dyes market?

Answer: The strict laws by various governments and growing awareness about chemical side effects in cosmetic products are hampering the overall development of the cosmetic dyes market.

Question 3: Which region holds the largest market for cosmetic dyes?

Answer:  The Asia-Pacific holds the largest market for cosmetic dyes. As per the UN Environmental Program, a significant percentage of the region’s population, approximately four billion, are exposed to high levels of air pollution, causing health risks to arise. The pollution hampers the collagen and oxides the lipid layer in the skin, with smog particles penetrating significantly in the skin. Moreover, these factors lead to dullness, acne, and premature aging. Given these factors, consumers are inclined towards buying various cosmetic products, which ultimately augments the growth of the cosmetic dyes market. 

Question 4: Which are the major companies in the cosmetic dyes market?

Answer: Organic Dyes and Pigments LLC, Vivify Speciality Ingredients, Dayglo Color Corporation, Lanxess, Sensient Cosmetic Technologies, Merck Group, Arlex Chemi Pvt Ltd, Kolorjet Chemicals Pvt Ltd, Neelikon Food Dyes and Chemicals Limited, Pylam Products Company Inc, Dystar Group, Clariant, Chromatech Incorporated, Koel Colours Pvt Ltd, and BASF are major companies in the cosmetic dyes market. 

Related Report:

South Korea Hair Care Market

The South Korea hair care market is anticipated to experience growth at a CAGR of 2.12% from 2019 to 2025. 

There is a growing sophistication among the country’s consumers, having significant knowledge pertaining to hair care trends and products. This has increased the demand for hair care products that offer various benefits. 

Factors such as the growing disposable income and rising middle-class population are key factors contributing to the growth of the country’s market. 

However, the growing threat from counterfeit products and side effects of hair care products are hampering the growth of the hair care market in South Korea. 

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