Nov 16, 2022   SOURCE: BusinessWire

The Worldwide Cosmetic Dyes Industry is Expected to Reach $619.6 Million by 2027 at a 5.43% CAGR - ResearchAndMarkets.com

The "Cosmetic Dyes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global cosmetic dyes market reached a value of US$ 451.2 Million in 2021. Looking forward, the publisher expects the market to reach a value of US$ 619.66 Million by 2027, exhibiting a CAGR of 5.43% during 2021-2027.

Companies Mentioned

  • BASF SE
  • Chromatech Incorporated
  • Clariant AG
  • Day-Glo Color Corp. (RPM International Inc.)
  • DyStar Singapore Pte Ltd (Zhejiang Longsheng Group Co. Ltd.)
  • Koel Colours Private Limited
  • Neelikon Food Dyes
  • Chemicals Ltd.
  • Organic Dyes and Pigments
  • Pylam Products Company Inc.
  • S. Goldmann GmbH & Co. KG
  • Sensient Technologies Corporation.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Cosmetic dyes are additives that are used as coloring agents in various cosmetics, such as nail paints, hair color, lip products, foundation, blush, mascara, and eye makeup products. They are manufactured using chemically refined petroleum oil or coal-tar derivatives that consist of toxic heavy metals, such as zinc oxide and titanium dioxide. Cosmetic dyes are commonly available in natural and synthetic variants.

Amongst these, synthetic dyes are manufactured from chemicals obtained from petroleum products, whereas natural dyes are manufactured from natural sources such as animals, plants, insects, and minerals without the use of any chemical treatment. Apart from this, cosmetic dyes impart intense color, while being safe, durable, stable, and effective.

The global cosmetic dyes market is primarily being driven by the significant expansion in the cosmetic industry and the inflating demand for various personal care products. This can be attributed to the increasing consumer consciousness regarding individual appearance and the evolving beauty standards due to the strong presence of social media platforms and various celebrity endorsements that promote the use of cosmetics, personal care, and other grooming essentials.

In line with this, the rising purchasing power of consumers and changing lifestyles have enabled them to afford various premium skin and sun care cosmetic products, which is favoring the market growth. Apart from this, the increasing prevalence of various dermatological disorders has prompted manufacturers to introduce organic cosmetic dyes that are prepared using naturally sourced ingredients.

This protects the skin against harmful effects and allergies caused due to chemical dyes, which, in turn, is providing an impetus to the market growth. Additionally, the extensive utilization of cosmetic dyes in the manufacturing of various hair colors is acting as another major growth-inducing factor. Other factors, including the introduction of innovative product variants with enhanced quality and changing climatic conditions are anticipated to drive the market further toward growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global cosmetic dyes market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, solubility type and application.

Breakup by Type:

  • Organic Dyes
  • Inorganic Dyes

Breakup by Solubility Type:

  • Water-based
  • Solvent-based
  • Oil-based

Breakup by Application:

  • Hair Color Products
  • Facial Makeup
  • Eye Makeup
  • Lip Products
  • Nail Products
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Key Questions Answered in This Report:

  • How has the global cosmetic dyes market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global cosmetic dyes market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the solubility type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global cosmetic dyes market and who are the key players?
  • What is the degree of competition in the industry?

For more information about this report visit https://www.researchandmarkets.com/r/thyydn