5 Biggest Cosmetics Brands in the World

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In this article, we will discuss the 5 Biggest Cosmetics Brands in the World. If you want to check out a detailed analysis of the global cosmetics market, beauty meets sustainability, and cosmetic companies going green and innovative, head to the 20 Biggest Cosmetics Brands in the World.

5. Loreal 

2022 Revenue: $41.26 billion

Founded in 1909, L’Oreal is a multinational company headquartered in France that is one of the leading beauty companies in the world. This company offers an extensive line of 36 brands, including skincare, color cosmetics, hair care, and perfumes. Nicolas Hieronimus, the company’s new CEO, has made it obvious that the company is pursuing a revolutionary product launch strategy and concurrently focusing on investment in innovative growth drivers for future growth and brand desirability. Hence, the company is aiming to achieve remarkable growth in the upcoming years. 

An enterprise value deal of $2.525 billion was inked by L’Oréal in 2023 to take over Aesop from Nature & Co. The transaction was anticipated to close in the third quarter of 2023, but it is still pending regulatory approval.  

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