Global Cosmetic Dyes Market to Reach $594.6 Million by 2030
The global market for Cosmetic Dyes estimated at US$386.6 Million in the year 2023, is expected to reach US$594.6 Million by 2030, growing at a CAGR of 6.3% over the period 2023-2030. Synthetic Dyes, one of the segments analyzed in the report, is expected to record 6.6% CAGR and reach US$365.6 Million by the end of the analysis period. Growth in the Natural Dyes segment is estimated at 6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $101 Million, While China is Forecast to Grow at 9.6% CAGR
The Cosmetic Dyes market in the U.S. is estimated at US$101 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$140.1 Million by the year 2030 trailing a CAGR of 9.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
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