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 an increased spending on premium cosmetic products have propelled the revenue growth of colours cosmetics. According to AMR, 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 .
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.
Segment review
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.
Key benefits for stakeholders
Key market segments
By Type
By Application
By Region
Key Players Profiled in the report
Other key players tracked in Value Chain
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.
Segment review
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.
Key benefits for stakeholders
- The report provides an extensive analysis of the current and emerging market trends and opportunities in the global market.
- The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing market opportunities.
- A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
- An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
- The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
Key market segments
By Type
- Organic dye
- Inorganic dye
By Application
- Facial make up
- Nail products
- Eye make up
- Lip products
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
Key Players Profiled in the report
- Sensient Cosmetic Technologies
- Neelikon
- Pylam
- Dystar
- Organic Dyes and Pigments
- Clariant
- Koel Colours
- Goldmann Group
- Chromatech
- Kolorjet Chemicals Pvt Ltd.
Other key players tracked in Value Chain
- 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
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Cosmetic Dyes Market, By Type
Chapter 5: Cosmetic Dyes Market, By Application
Chapter 6: Cosmetic Dyes Market By Region
Chapter 7: Competition Landscape
Chapter 8: Company Profiles
Executive Summary
According to the report titled, 'Cosmetic Dyes Market by Type, and Application: Global Opportunity Analysis and Industry Forecast, 2019-2026", the global cosmetic dyes market size 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 market exhibits an incremental revenue opportunity of $172.3 million from 2019 to 2026.The growing demand for facial makeup products along with lakes and toners across working professionals is likely to propel the revenue growth of color cosmetic products. Consumers are purchasing inorganic based cosmetic products as the cosmetic product manufactured with inorganic dyes offers more vibrant and consistent coloring effect over organic dyes. These products are also affordable, readily available and easy to use. Currently, majority of cosmetic manufacturing are using inorganic dyes in certain products range including facial makeup, and lipstick. However, these inorganic dyes based cosmetic products prone to shorter life as compared with organic one.
Changing fashion trends, extension of current product line from leading companies, and effective collaboration between manufacturing are driving the growth of cosmetic dyes market. Companies are collaborating with each through agreements and joint ventures to introduce novel products to cater changing market demand. The effective channel strategies and expansion of digital media has significantly increased the overall demand for cosmetic products. This has resulted into increased spending on latest cosmetic products such as nail polishes, eyeliners, lipsticks, among others. The inorganic dyes segment was valued at $247.8 Mn in 2019 and is expected to reach $323.4 Mn by 2026 growing at a CAGR of 3.9% during the forecast period.
The current supplier base from Asia-Pacific region is targeting product capacity expansion to cater increasing market demand for color cosmetic products. European countries would remain predominant in terms of cosmetic dyes market share owing to strong penetration of premium cosmetic products. Moreover, strong penetration of e-commerce distribution network and availability of international brands in the local market have provided revenue growth for overall cosmetic products. Thereby, increasing the overall demand for raw materials used in cosmetic manufacturing including cosmetic dyes. The Facial Makeup application segment was valued at $149.7 Mn in 2019 and is expected to reach $198.4 Mn by 2026 growing at a CAGR of 4.1% during the forecast period.
The Cosmetic Dyes Market is segmented on the basis of type, application and region. By type, cosmetic dyes market is categorized into organic dye and inorganic dye. By application, cosmetic dyes market is divided into facial make up, nail products, eye makeup, 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).
According to Shankar Bhandalkar, Team Lead-Research, Consumer Goods, “Consumer base from North America and Europe region is spending on premium and latest cosmetic products. Thus, the demand for advanced and more user friendly color cosmetic is likely boost in near future across North America and Europe region. Asia-Pacific countries like South Korea, Japan, China, ASEAN countries had witnessed a transition in terms of spending on cosmetic products owing to increased awareness for skin friendly cosmetic products.”
Key Finding of The Cosmetic Dyes Market:
The organic dyes segment is expected to grow at a CAGR of 6.0% during the forecast period.
North America is anticipated to dominate the cosmetic dyes market growth, registering a CAGR of 4.7%.
Asia-Pacific is projected to exhibit exponential growth throughout 2026, registering the highest of CAGR 5.0%.
The facial makeup application segment is anticipated to dominate the global cosmetic dyes market analysis, with a CAGR of 4.1% during the cosmetic dyes market forecast period.
The nail products segment is estimated to grow at a CAGR of 6.4% during the forecast period.
The key players operating in cosmetic dyes industry 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.
Companies Mentioned
- Sensient Cosmetic Technologies
- Neelikon
- Pylam
- Dystar
- Organic Dyes Pigments
- Clariant
- Koel Colours
- Goldmann Group
- Chromatech
- Kolorjet Chemicals Pvt Ltd.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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