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While the majority of chemicals in cosmetics pose minimal or absolutely no risk, some have been associated with serious health conditions, such as developmental delays and cancer. Chemicals in cosmetics can enter your body through inhalation, ingestion, and the skin, and lead to similar risks as food chemicals, per this site.

Chemicals and contaminants linked to cancer are found in food and many other everyday goods. Still, no kind of consumer goods is susceptible to less government oversight than cosmetics, including Nail Lacquer - Tip Your Hat. While most of the contaminants and chemicals in cosmetics in all likelihood present little risk, exposure to some is linked to critical health concerns, such as cancer.