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The Global Cosmetic Dyes Market to Advance at CAGR of 4.91% by 2028

12-06-2022 11:46 AM CET | Industry, Real Estate & Construction

Press release from: Triton Market Research

Cosmetic Dyes Market

Cosmetic Dyes Market

Triton Market Research presents the Global Cosmetic Dyes Market segmented by Application (Nail Products, Facial Make-up, Lip Products, Eye Make-up, Other Applications), Type (Organic Dyes, Inorganic Dyes), and by Geography (Europe, North America, Middle East and Africa, Latin America, Asia-Pacific). It also discusses the Market Summary, Industry Outlook, Impact of COVID-19, Key Insights, Porter's Five Forces Analysis, Market Attractiveness Index, Vendor Scorecard, Key Market Strategies, Drivers, Challenges, Opportunities, Competitive Landscape, Research Methodology & Scope, Global Market Size, Forecasts & Analysis (2021-2028).

Triton's report denotes that the global cosmetic dyes market is estimated to display progress at a CAGR of 4.91% during the phase of 2021-2028.

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Cosmetic dye is a major ingredient as it adds colors to the cosmetics. These colors are widely used in face, eye, nail, and other make-up products.

The rise in women workforce across countries is mainly owing to government policies, changing mindset, and education. Such growth in the women workforce has fueled the demand for cosmetic products globally. Moreover, women are becoming well-informed about different types of cosmetic products, thereby widening the scope of the cosmetic dyes market. However, stringent regulations and side effects of chemicals .

The Asia-Pacific is anticipated to become the fastest-growing region in the cosmetic dyes market. This growth can be attributed to the presence of prominent companies like Arlex Chemi Pvt Ltd and Dystar Group. Moreover, the rising innovation, production, and development in cosmetics are adding to the cosmetic dyes market. Other than this, the growing consumer inclination towards western lifestyles is also fueling the progression of the cosmetic dyes market across the APAC region.

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The key companies in the cosmetic dyes include Vivify Speciality Ingredients, Arlex Chemi Pvt Ltd, Clariant, Sensient Cosmetic Technologies, Dayglo Color Corporation, Chromatech Incorporated, BASF, Organic Dyes and Pigments LLC, Kolorjet Chemicals Pvt Ltd, Neelikon Food Dyes and Chemicals Limited, Pylam Products Company Inc, Merck Group, Dystar Group, Koel Colours Pvt Ltd, and Lanxess.

There are several regulations in the market, which may hinder the entry of new players significantly. Moreover, there is a need for high capital investment, along with processing costs. These are certain barriers that restrict the entry of new players. On the other hand, companies have well-established distribution channels globally, offering customized solutions, quality, and packaging. These factors have intensified the competition in the cosmetic dyes market among the existing market players.

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