Press release
Inclusive Make-Up Colors add to the Steady Growth of the Global Cosmetic Dyes Market
According to the estimations put forth by Inkwood Research, the Global Cosmetic Dyes Market is evaluated to project a CAGR of 4.83% in terms of revenue during the forecasting years of 2021-2028."Browse 37 Market Data Tables and 38 Figures spread over 110 Pages, along with an in-depth TOC on the Global Cosmetic Dyes Market Forecast 2021-2028."
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Cosmetic dyes are color supplements used as coloring agents in several cosmetic products like nail products, eye make-up, facial make-up, etc. These are further classified into inorganic and organic. Organic dyes are segmented into true pigment, toners, and lakes colors. Inorganic dyes entail mineral compounds like zinc oxide and iron oxide.
Inclusive Make-Up Colors fuels Market Growth
Inclusive make-up encompasses every skin tone irrespective of age, gender, and race and offering colors blending perfectly with the skin tone. Also, in recent years, diversity and inclusivity have come under the spotlight in the beauty industry. As a result, inclusivity is increasingly prioritized in cosmetic product development, with several cosmetic companies launching inclusive make-up lines.
Moreover, there is a growing demand for cosmetics colors among consumers that match their skin tones. In addition, make-up brands are continuously innovating color shades, which drive market demands. Several cosmetic companies like Mac Cosmetics, Maybelline, Fenty Beauty, etc., provide a vast range of shades and colors.
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Fastest-Growing Type: Organic Dyes
Organic pigments comprise carbons and other molecules. In general, the organic pigments for personal care and cosmetics are cosmetic colors segmented as toners, lakes, and true pigments. These are available in the form of color lakes made of minerals like barium and calcium. Also, many shades like blue, orange, yellow, and red are developed using organic pigments.
Furthermore, cosmetics entail the use of certified, high-quality organic pigments. As a result, they are brighter than inorganic pigments. However, since organic dyes can cause skin irritation and allergy at times, they need D&C and FD&C approvals. Moreover, the rising wellness trends, inclination towards natural products, and heavy metal-free cosmetics propel the growth of organic dyes.
Asia-Pacific dominates with Highest Revenue Share
Asia-Pacific is witnessing a shift in lifestyles with growing purchasing power increasing disposable income. However, the other important factor contributing to market growth is air pollution. Pollution oxidizes the lipid layer in the skin and breaks down collagen, hampering the skin-barrier functions. Such aspects, along with the presence of eminent companies and their initiatives, drive the market growth.
The competitive rivalry is intense, with companies having well-established distribution channels in their countries and internationally. Also, the same number of products are used for different applications. Neelikon Food Dyes & Chemicals Limited, Dystar Group, Clariant, Vivify Specialty Ingredients, Chromatech Incorporated, etc., are among the major firms in the market.
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