02-May-2024 | Zion Market Research
Zion Market Research has published a new report titled “Cosmetic Dyes Market by Type (Natural and Synthetic Dyes) and by Application (Facial Makeup, Eye Makeup, Hair Color, Lip Products, Nail Products, and Toiletries), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032”. According to the report, global cosmetic dyes market was valued at approximately USD 376.5 million in 2023 and is predicted to grow to around USD 614.8 million by 2032 with a compound annual growth rate (CAGR) of roughly 5.60% between 2024 and 2032.
Cosmetic dye is an essential product for many cosmetic items. These dyes are significantly used by the cosmetic industry, as they provide the specific color needed in various cosmetic products. The various applications include toiletries and cosmetic products.
Browse the full “Cosmetic Dyes Market by Type (Natural and Synthetic Dyes) and by Application (Facial Makeup, Eye Makeup, Hair Color, Lip Products, Nail Products, and Toiletries), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032” Report at https://www.zionmarketresearch.com/report/cosmetic-dyes-market
The global cosmetic dyes market has been witnessing significant growth since the last few years, due to the growing use of dyes in the spectrum of cosmetic products, such as lip products, hair color, and eye makeup, among various others. These dyes are further classified as toners and true pigments in cosmetics and healthcare industries. Moreover, these dyes are cost-effective in nature and improve the structural properties of different products. The growth of the cosmetic industry is one of the major factors augmenting the cosmetic dyes market.
The rising awareness regarding the use of beauty products, increasing premium on personal grooming, changes in consumption patterns and lifestyles, and improved the purchasing power of women are some other factors that are expected to boost the global cosmetic dyes market growth in the future. However, stringent regulatory policies may act as a restraining factor for the growth of the global cosmetic dyes market.
Based on the type, the global cosmetic dyes market is classified into natural and synthetic dyes. Natural dyes are expected to witness robust growth over the forecast time period, as these products are less harmful to the skin. This property of natural dyes has increased its demand in the cosmetic dyes market.
On the basis of application, the cosmetic dyes market is sectored into facial makeup, eye makeup, hair color, lip products, nail products, and toiletries. Hair color products are the fastest and largest growing segment, due to the increasing demand from the end-users for covering their grays as it is regarded as more fashionable. Moreover, people are more willing to experiment with their hair colors.
By region, Europe was the largest market for cosmetic dyes in 2018 and accounted for the highest market share, both in terms of revenue and volume. This was due to the shifting trend toward hair coloring and increasing demand for cosmetic dyes in a plethora of applications in the region. The North American cosmetic dyes market is expected to witness significant gains over the forecast time period, due to the various key developments witnessed across the region that have increased the region’s demand for cosmetic products.
The global cosmetic dyes market is dominated by players like:
Global Cosmetic Dyes Market: Type Analysis
Global Cosmetic Dyes Market: Application Analysis
Global Cosmetic Dyes Market: Regional Analysis
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