Shikonin is widely used in the pharmaceutical industry due to its anti-inflammatory, antimicrobial, and anticancer properties. It is a key component in traditional Chinese medicine, often applied to treat burns, wounds, and skin infections. In modern medicine, it is studied for its potential to inhibit tumor growth and enhance the efficacy of chemotherapy. Additionally, shikonin is utilized in cosmetics for its antioxidant effects, helping to protect the skin from oxidative stress and aging. Its natural dye properties also make it valuable in the textile industry for coloring fabrics.