Red rash under eyes and around face after activity mostly. Really dry peeling?

Contact Dermatitis. Contact dermatitis is a common ailment resulting from an allergic reaction to certain irritants touching your skin, according to the eye care source website. This can occur from eye make-up or skin foundation. Your eyeliner, mascara, eye shadow or the tools used for applying them may have accumulated bacteria over time. This will irritate your skin, dry it out and perhaps cause it to flake.