Cosmetic Dyes Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 4.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Cosmetic Dyes Market Analysis
The cosmetic dye market is expected to register a CAGR of over 4% during the forecast period. Increasing demand for cosmetic products is driving the market. On the flip side, stringent regulatory policies related to its usage and unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.
- The hair color products segment is expected to dominate the cosmetic dyes market over the forecast period.
- Growing awareness among the consumers related to the benefits of natural and eco-friendly dyes in cosmetic products is likely to offer various new opportunities for the growth of the cosmetic dyes market over the forecast period.
- The Asia-Pacific region represents the largest market, and it is also expected to be the fastest-growing market over the forecast period, owing to the increasing consumption from countries, such as China, India, and Japan.
Cosmetic Dyes Market Trends
This section covers the major market trends shaping the Cosmetic Dye Market according to our research experts:
Hair Color Products Segment to Dominate the Market
- Among the application segment, hair color products are projected to dominate the consumption of the cosmetic dyes market.
- Hair color products are used to alter the color of hair. Hair color is widely used by the consumers to either cover the graying of hair or for coloring the hair with varied colors for fashion.
- With consumers experimenting with their hair color, as it is currently very much in trend, the production of hair color products has also been increasing.
- The demand for high-end hair colors is further attracting cosmetic brands into the production of hair color products, further contributing to the demand for cosmetic dyes.
- As in developed countries, such as the United States, and other European countries, hair coloring products market has already been at the matured stage, the consumption and production are rapidly increasing in the developing Asia-Pacific region.
Asia-Pacific Region to Dominate the Market
- The Asia-Pacific region is the largest market, and it is also expected to be the fastest-growing market over the forecast period, owing to the increasing consumption from countries, such as China, India, and Japan.
- The demand for cosmetic dyes is widely driven by the increasing demand for and production of cosmetic and personal care products in the region in the past few years.
- Increased influence of western culture leading to millennials sections adapting to the use of cosmetic products, growth in women employment causing need to look presentable, and growing cosmetic product line for males are some of the factors that increased the demand for and production of cosmetic products in the region.
- With this, the demand for cosmetic dyes to provide color in hair color, makeup products, lipsticks, shampoos, and conditioners has also been on the rapid rise simultaneously.
- Besides, China, South Korea, India, and Japan are some of the major global countries engaged in the production, consumption, and exports of cosmetic products in the region.
- Owing to the increasing demand for cosmetics, the market for cosmetic dyes is expected to rapidly increase over the forecast period.
Cosmetic Dyes Industry Overview
The cosmetic dye market is fragmented in nature. Some of the key players in the market include Sensient Cosmetic Technologies, Clariant, DyStar, Organic Dyes and Pigments, and Goldmann Group, among others.
Cosmetic Dyes Market Leaders
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Sensient Cosmetic Technologies
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Clariant
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Organic Dyes and Pigments
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Goldmann Group
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DyStar Singapore Pte Ltd
*Disclaimer: Major Players sorted in no particular order
Cosmetic Dyes Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Report
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Increasing Demand for Cosmetic Products
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4.1.2 Other Drivers
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4.2 Restraints
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4.2.1 Stringent Regulatory Policies Related to its Usage
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4.2.2 Unfavorable Conditions Arising Due to the COVID-19 Outbreak
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4.3 Industry Value Chain Analysis
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4.4 Porters Five Forces Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Buyers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products and Services
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Natural Dyes
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5.1.2 Synthetic Dyes
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5.2 Application
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5.2.1 Hair Color Products
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5.2.2 Facial Makeup
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5.2.3 Eye Makeup
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5.2.4 Lip Products
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5.2.5 Nail Products
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5.2.6 Toiletries
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5.2.7 Other Applications
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5.3 Geography
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5.3.1 Asia-Pacific
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5.3.1.1 China
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5.3.1.2 India
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5.3.1.3 Japan
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5.3.1.4 South Korea
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5.3.1.5 Rest of Asia-Pacific
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5.3.2 North America
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5.3.2.1 United States
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5.3.2.2 Canada
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5.3.2.3 Mexico
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5.3.3 Europe
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5.3.3.1 Germany
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5.3.3.2 United Kingdom
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5.3.3.3 Italy
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5.3.3.4 France
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5.3.3.5 Rest of Europe
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle-East and Africa
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5.3.5.1 Saudi Arabia
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5.3.5.2 South Africa
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5.3.5.3 Rest of Middle-East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Share (%)/Ranking Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 Aakash Chemicals
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6.4.2 Chromatech Incorporated
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6.4.3 Clariant
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6.4.4 DyStar Singapore Pte Ltd
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6.4.5 Goldmann Group
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6.4.6 Koel Colours Private Limited
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6.4.7 Neelikon
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6.4.8 Organic Dyes and Pigments
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6.4.9 Pylam Products Company Inc.
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6.4.10 Sensient Cosmetic Technologies
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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7.1 Growing Awareness Related to Advantages of Natural and Eco-friendly Dyes
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7.2 Other Opportunities
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Cosmetic Dyes Industry Segmentation
The cosmetic dye market report includes:
Type | |
Natural Dyes | |
Synthetic Dyes |
Application | |
Hair Color Products | |
Facial Makeup | |
Eye Makeup | |
Lip Products | |
Nail Products | |
Toiletries | |
Other Applications |
Geography | |||||||
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Cosmetic Dyes Market Research FAQs
What is the current Cosmetic Dye Market size?
The Cosmetic Dye Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Cosmetic Dye Market?
Sensient Cosmetic Technologies, Clariant, Organic Dyes and Pigments, Goldmann Group and DyStar Singapore Pte Ltd are the major companies operating in the Cosmetic Dye Market.
Which is the fastest growing region in Cosmetic Dye Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Cosmetic Dye Market?
In 2024, the Asia Pacific accounts for the largest market share in Cosmetic Dye Market.
What years does this Cosmetic Dye Market cover?
The report covers the Cosmetic Dye Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cosmetic Dye Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Cosmetic Dyes Industry Report
Statistics for the 2024 Cosmetic Dyes market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cosmetic Dyes analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.