Some of the most valuable brands in the industry today include L’Oreal, Avon, Pantene, Nivea and Olay. While a lot of these brands are owned by Procter and Gamble, L’Oreal as a brand alone commands a value of $10,766,000,000. And the company has a lot of other equally valuable brands in the market. Overall, all these facts consolidate the company’s stand in the industry.
For the purpose of this list, we have ranked best cosmetic companies in the world according to their revenues based on statistics as appearing on Statista. You will see many familiar names appearing on the list.
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Let’s take a look at our list of the top cosmetic companies in the world now!
10. Kao Corp.
Revenue: $ 5.6 billion
Tokyo’s Kao Corporation has a strong legacy in the world of cosmetics. The company also has some very successful beauty brands such as Laurier, Attack and Biore.
Revenue: $6.21 billion
To anybody who is familiar with beauty products, this brand is no stranger! The French company is a well-known high fashion company with its perfumes being a hot-selling ticket. The company also makes high-end makeup and skincare products.
8. Johnson & Johnson
Revenue: $6 billion
Few companies have created a goodwill level among their customers like Johnson & Johnson have. The American company’s skincare and cosmetic brands like Neutrogena and Clean and Clear are trusted and highly valued.
Revenue: $6.59 billion
Nivea is a strong brand owned by the German company Beiersdorf. The brand alone commands a value of $6,079,000,000. It clearly makes the company amongst the top cosmetic brands in the world.
Revenue: $6.3 billion
The American company is known for its unique direct selling methods and a loyal customer base. Even with dwindling sales over the past few years Avon still holds its position among the top beauty brands and its popular products.
Revenue: $7.37 billion
One of the oldest companies in the world and also the pioneers of lightweight skin lotions is number 5 on our list of the best cosmetic companies in the world Shiseido thrives because of its skin care and hair care products. It also has some notable subsidiaries under it.
4. Estee Lauder
Revenue: $10.5 billion
The extremely luxurious and high-end brand commands great prestige in the industry and among elite customers. The company has an impressive portfolio of brands including M.A.C, Clinique, and Michael Kors.
3. Proctor & Gamble
Revenue: $19.8 billion
P&G is one of the biggest companies in the world with subsidiaries and brands in a number of sectors. In the cosmetic industry, the company owns a lot of best-selling brands like Pantene and Olay.
Revenue: $21.66 billion
Unilever’s Dove has a brand value of $5,885,000,000, however, that is just one of the many top brands that the company has in its roster. The company is the third-largest consumer goods company in the world.
Revenue: $ 29.94 billion
The French company is the largest cosmetics company in the world and easily bags the first place among the top 10 best cosmetic companies in the world. It has activities spread in hair care, skin care and perfumes and a brand value as high as $ 10,766,000,000.