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Though most chemicals in beauty products and cosmetics pose little or absolutely no risk, dozens have been associated with significant medical conditions, such as neurological harm and cancer. Cosmetic chemicals get into the body through the skin and inhalation, and lead to the same risks as food chemicals, per this site.

Chemicals and contaminants linked to cancer can be found in food, water, and lots of other ordinary products. Still, no classification of consumer products is subject to less government direction than cosmetics and other personal products, including Mood Ring Lacquer. Though many of the chemicals and contaminants in cosmetics most likely present little risk, exposure to a few is linked to serious health problems, including cancer.