Cosmetic Dyes Market

Cosmetic dyes are color additives that are used as coloring agent in various cosmetic products such as facial make up, nail products, eye make-up, and other type of products. Lip Products soluble in the medium in which they are used. The global cosmetic dyes market size was valued at $420.3 million in 2018 and is anticipated to reach $610.1 million by 2026, with a CAGR of 4.9% during the forecast period. According to The Ecological and Toxicological Association of Dyes and Organic Pigments Manufacturers defined dyes as “intensely colored or fluorescent organic substances only, which impart color to a substrate by selective absorption of light. They are soluble and / or go through an application process which, at least temporarily, destroys any crystal structure by absorption, solution, and mechanical retention, or by ionic or covalent chemical bonds”.

Ever evolving lifestyle is an important factor driving the global cosmetic dyes market. Rapid changing climatic conditions in various regions is influencing the increasing need for skin and sun care cosmetic products amongst customers. Skin care products has gained demand from both men and women. Anti-ageing creams are in high demand amongst the women who are aged between 45 to 65 years. Rising trend of using colour skin care products among individuals across varied age group is boosting the growth of global cosmetic dyes market.

Cosmetics containing natural ingredients such as aloe vera, tea extract, lime content, black sugar and similar others are reviving the growth of cosmetics market. Cosmetic market has already evolved in countries such as US, Canada and European countries, therefore the market is growing at a steady rate in these countries. Therefore, in order to improve the sales, manufacturers of cosmetic products are capitalizing on rising consumer interest in medicated cosmetics, skin friendly colour cosmetic products and have started investment in natural ingredient products. Additionally, consumers changing behaviour towards healthier lifestyles, is another major driving factor of natural cosmetics. This is supplementing the growth of global cosmetic dyes market size.

Almost all the cosmetic products are made up of pigments, and lipids. The pigment industry is currently witnessing a downturn due to the stringent government regulations and environmental policies. Bans and regulatory impositions have been introduced on the usage of wide range of pigments such as cadmium pigments, lead sulfochromate yellow, and lead chromate molybdate sulfate red. The European Union (EU) has imposed strict restrains on the use of cadmium pigments, lead (Pb) & its compounds, dyes & pigments containing CMR 1 or 2 classified aromatic amines due to their adverse effect on human health. Registration, evaluation, authorization, and restriction of chemicals (REACH) is an example of stringent environmental regulations applicable to products manufactured and marketed in Europe. In the U.S., EPA is one such regulatory authority that has curbed the use of C.I. pigment blue 61 under the Toxic Substances Control Act. China has its own version of Restriction of Hazardous Substances (RoHS), which restricts the use of certain chemicals. Such stringent environmental regulations are expected to increase in the coming years, affecting the growth of cosmetic dyes market.

Growth in consumer awareness regarding the ill-effects and demerits of consumption of synthetic colorants propel the demand for carmine and other organic dyes, Synthetic colorants affects the health of the consumers causing several skin related diseases. Although synthetic ingredients have been approved to be used in cosmetic products, there is a need to replace these ingredients with natural alternatives such as carmine and other type of organic cosmetic dyes. Manufacturers launch various products with natural ingredients owing to the growth in demand for nutritious and natural ingredients. This in turn boosts the growth of the cosmetic dyes market demand.

The cosmetic dyes market is segmented on the basis of type, application and region. By type, it is categorized into organic dye and inorganic dye. By application, it is divided into facial make up, nail products, eye makeup, lip products and others. Region-wise, the cosmetic dyes market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa).

The key players operating in cosmetic dyes industry include Sensient Cosmetic Technologies, Neelikon, Pylam, Dystar, Organic Dyes and Pigments, Clariant, Koel Colours, Goldmann Group, Chromatech, and Kolorjet Chemicals Pvt Ltd. Other key players tracked in the value chain are Aakash Chemicals and Dyestuffs, Arlex Chemi, Red Sun Dye Chem, Alliance Organics, Krishna Industries, Spectra Colors Corporation, Matrix Pharma Chem, Dynemic Products, Vanshi Chemicals, Shivam Exim, Jupiter Dyes, Prashant Group, Sugai Chemical, Hodogaya Chemical, K.G. International among others.

Key Benefits for Cosmetic Dyes Market:

• The report provides detailed qualitative and quantitative analysis of the current cosmetic dyes market trends and future estimations that help evaluate the prevailing cosmetic dyes market share and opportunities.
• The key drivers, restraints, opportunities, and detailed cosmetic dyes market analysis are elucidated in the study.
• The market analysis is conducted by following key product positioning and monitoring the top competitors within the industry.
• The report provides extensive qualitative insights on the potential and niche cosmetic dyes market segments or regions exhibiting favorable cosmetic dyes market growth.
• Industry player positioning segment facilitates benchmarking and provides a clear understanding of the present position of players along with the cosmetic dyes market forecast.

 Cosmetic Dyes Market Report Highlights