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Though most chemicals in beauty products and cosmetics present limited or absolutely no threat, dozens have been associated with serious health conditions, including cancer, and neurological harm. Chemicals in cosmetics can enter the body through inhalation, the skin, and ingestion, and lead to similar risks as food chemicals, per this site.

Chemicals associated with cancer can be found in water, food, and various other commonly used goods. Still, no type of consumer goods is subject to less government direction than cosmetics, including Toasted Coconut Lacquer. Though most of the chemicals and contaminants in cosmetics most likely pose very little risk, subjection to a few has been associated with significant health issues, such as cancer.