March 15, 2022
According to the research report titled ‘GLOBAL COSMETIC DYES MARKET 2021-2028’, available with MarketStudyReport, global cosmetic dyes market is anticipated to progress at a CAGR of 4.91% over 2021-2028.
According to reliable estimates, the expansion of global cosmetic dyes market is attributed to factors like rising disposable income of individuals, a boost in women workforce, launch of inclusive make-up colours, and growing impact of social media on changing lifestyle of people.
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Furthermore, increasing number of trends and influencers to attract new clients is anticipated to bolster the industry outlook during 2021-2028.
However, strict regulations for the safety of product, and rising cognizance about chemicals and their adverse effects may hamper the market growth during the analysis timeframe.
Based on type terrain, the industry is divided into organic dyes, and inorganic dyes. In terms of application ambit, the market is branched into lip products, nail products, eye makeup, facial makeup, and others.
Regionally, worldwide cosmetic dyes industry report entails analysis of trends across Asia-Pacific, North America, Latin America, Europe, and Middle East & Africa regions. Among these, Asia Pacific market is anticipated to hold substantial revenue share during the forecast duration, owing to presence of prominent players, as well as growing disposable income of individuals, and rising inclination towards western lifestyle boosting the demand for skincare, personal care, and makeup products.
The key players in global cosmetic dyes market are Lanxess AG, Arlex Chemi Private Limited, BASF SE, Day-Glo Color Corp., KolorJet Chemicals Pvt. Ltd., Pylam Products Co. Inc., Merck Group, Organic Dyes and Pigments LLC, Neelikon Food Dyes & Chemicals Ltd., Koel Colours Pvt. Ltd., Clariant AG, Chromatech Incorporated, Sensient Technologies Corporation, Vivify Specialty Ingredients, and DyStar Group.