London, UK -- (SBWire) -- 03/21/2022 --According to Triton's report, the global cosmetic dyes market, which gained $243.86 million in 2020, is envisioned to observe growth at 4.91% of CAGR by 2028.
A recent study by Triton Market Research titled 'Global Cosmetic Dyes Market' comprises the Global Analysis and Forecasts by Application (Eye Make-up, Lip Products, Facial Make-up, Nail Products, Other Applications), Type (Organic Dyes, Inorganic Dyes), and by Geography (North America, Europe, Middle East and Africa, Latin America, Asia-Pacific).
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Triton's report suggests that the global cosmetic dyes market is anticipated to progress based on revenue at a CAGR of 4.91% during the forecasting years of 2021-2028. It is further likely to display revenue worth $371.75 million by 2028.
Cosmetic dyes are used in the eye, facial, nail, and other make-up products. Moreover, they are either organic or inorganic.
Vegan colors in cosmetic products are highly in demand across the globe since they offer several benefits to the skin. Moreover, 3D make-up printers are gaining traction as it provides customized cosmetic color by transforming images into wearable make-up. Such developments are creating new opportunities for the cosmetic dyes market. However, factors such as stringent regulations and rising awareness relating to side effects of chemicals in cosmetic products limit the growth of the cosmetic dyes market to a large extent.
The cosmetic dyes market is sectioned into application and type. The application section is divided into eye make-up, lip products, facial make-up, nail products, and other applications. The application segment is branched into organic dyes and inorganic dyes.
Geographically, the Asia-Pacific dominates the cosmetic dyes market and is likely to continue its stronghold till 2028. Over the years, the population levels in the region have increased significantly, with around four billion people exposed to pollutants causing various health issues. Here, the pollution impacts the skin significantly, causing dullness, acne, and dehydration. These issues have influenced consumers to opt for various skincare and make-up products. Hence, as mentioned above, the rise in population levels opens new avenues for the cosmetic dyes market.
Arlex Chemi Pvt Ltd, Kolorjet Chemicals Pvt Ltd, Vivify Speciality Ingredients, Dayglo Color Corporation, Koel Colours Pvt Ltd, BASF, Lanxess, Sensient Cosmetic Technologies, Organic Dyes and Pigments LLC, Merck Group, Pylam Products Company Inc, Dystar Group, Neelikon Food Dyes and Chemicals Limited, Clariant, and Chromatech Incorporated are well-known companies thriving in the cosmetic dyes market.
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Question & Answer: Cosmetic Dyes Market
Question 1: What elements are creating new opportunities for the cosmetic dyes market?
Answer: Vegan colors in cosmetic products are highly in demand across the globe since they offer several benefits to the skin. Moreover, 3D make-up printers are gaining traction as it provides customized cosmetic color by transforming images into wearable make-up. Such developments are creating new opportunities for the cosmetic dyes market.
Question 2: What key factors limit the growth of the cosmetic dyes market?
Answer: Factors such as stringent regulations and rising awareness relating to side effects of chemicals in cosmetic products limit the growth of the cosmetic dyes market to a large extent.
Question 3: Which region dominates the cosmetic dyes market?
Answer: Geographically, the Asia-Pacific dominates the cosmetic dyes market and is likely to continue its stronghold till 2028. Over the years, the population levels in the region have increased significantly, with around four billion people exposed to pollutants causing various health issues. Here, the pollution impacts the skin significantly, causing dullness, acne, and dehydration. These issues have influenced consumers to opt for various skincare and make-up products. Hence, as mentioned above, the rise in population levels opens new avenues for the cosmetic dyes market.
Question 4: Which well-known companies are thriving in the cosmetic dyes market?
Answer: Arlex Chemi Pvt Ltd, Kolorjet Chemicals Pvt Ltd, Vivify Speciality Ingredients, Dayglo Color Corporation, Koel Colours Pvt Ltd, BASF, Lanxess, Sensient Cosmetic Technologies, Organic Dyes and Pigments LLC, Merck Group, Pylam Products Company Inc, Dystar Group, Neelikon Food Dyes and Chemicals Limited, Clariant, and Chromatech Incorporated are well-known companies thriving in the cosmetic dyes market.
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