KEY FINDINGS
The Europe cosmetic dyes market growth is set to progress at a CAGR of 4.48% during the forecast period, 2021-2028. Rising social media usage has raised the consciousness regarding personal appearance, increasing cosmetic product usage. Such aspects and changing lifestyles drive market growth.
MARKET INSIGHTS
Belgium, the United Kingdom, Germany, Russia, Italy, France, Poland, and Rest of Europe, are evaluated for the Europe cosmetic dyes market growth assessment. Germany is the largest market for the cosmetic industry in Europe, as per Cosmetics Europe. The German population is conscious about personal appearance and grooming, and thereby, spends largely on cosmetic products. These include hair colorants, lip products, make-up products, toiletries, etc. Also, the German-made cosmetics have lesser toxins and higher standards, and thus, garner huge sales.
Moreover, the geriatric population is on the rise. As per AARP International, the population aged 65 and above will grow by 14% by 2050. As a result, the demand for cosmetic products will increase.
In Italy, the high disposable income, and consequently, the high expenditure, encourage the sales of cosmetics products. Also, the rising social media usage gives exposure to varied types of cosmetics products and make-up trends. Further, the women have their own make-up culture. They follow a light make-up routine. Hence, there is a wide usage of cosmetic products like eye make-up products, lip products, and perfumes. Also, mascara, lipsticks, and concealers are commonly used by Italian women. Moreover, there is a vast demand for natural colorants for hair products among Italian consumers.
COMPETITIVE INSIGHTS
Some of the prominent companies in the market include DyStar Group, Clariant, Sensient Cosmetic Technologies, Merck Group, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments