The global Cosmetic Dyes Market 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. The cosmetic dyes market exhibits an incremental revenue opportunity of $172.3 million from 2019 to 2026.
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Cosmetic colours are used in manufacturing of lipsticks, eye colours, nail enamels and other cosmetic products. Color cosmetic manufacturers uses both types (organic or synthetic) of dyes and colorant to produce high-quality cosmetics. Cosmetic dyes and pigments are used in the production of cosmetic colorants which are used for various applications. The rising popularity of vibrant color cosmetic products and increased spending on premium cosmetic products have propelled the revenue growth of colours cosmetics.
Cost reduction plays an important role in the makeup & cosmetics business. Consumers consider the price of a product along with the quality, before purchase. Although natural products or higher standard of ingredients are comparatively expensive as compared to synthetic and artificial products, continuous R&D by private organizations and government to develop low-cost cosmetics products, which are free of waxes, preservatives, and added chemicals encourage manufacturers to invest more in this market. This is expected to create remunerative growth opportunities for the cosmetics manufacturers and dealers, which in turn drives the overall market cosmetic dyes growth.
Over the next five years, demand for natural cosmetics would grow strongly. However, it would remain a small part of mainstream products in terms of overall sales (during the forecast period). Largest potential lies in hair care and skin care products. Customers prefer to use cosmetic products that are less harmful and have minimum side effects. Further, manufacturers are likely to use natural ingredients in their skin care and hair care products in order to satisfy the consumer needs. Many big players in the market such as L’Oréal, Unilever, Colour Bar and Avon are planning to invest big budgets in an effort to promote the natural aspects of their cosmetics products.
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 make up, lip products and others. Region-wise, it 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 profiled in this report 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.
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Key market segments
• Organic dye
• Inorganic dye
• Facial make up
• Nail products
• Eye make up
• Lip products
• Key Players Profiled in the report
o Sensient Cosmetic Technologies
o Organic Dyes and Pigments
o Koel Colours
o Goldmann Group
o Kolorjet Chemicals Pvt Ltd.
• Other key players tracked in Value Chain
o Aakash Chemicals and Dyestuffs
o Arlex Chemi
o Red Sun Dye Chem
o Alliance Organics
o Krishna Industries
o Spectra Colors Corporation
o Matrix Pharma Chem
o Dynemic Products
o Vanshi Chemicals
o Shivam Exim
o Jupiter Dyes
o Prashant Group
o Sugai Chemical
o Hodogaya Chemical
o K.G. International
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