Top 10 Cosmetic Companies in World

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Top 10 Cosmetic Companies in the World

Top 10 Cosmetic Companies in World – with the increased desire to look youthful and beautiful, the global cosmetics industry is flourishing at a rapid speed. The cosmetics industry is a multibillion-dollar industry with many major key players. So, join us as we go through the Top 10 Cosmetic Companies in the World. 

The ever-changing beauty standards, population growth, and brand awareness are the major growth drivers behind the high demand for cosmetic products. This industry is booming in such a way that the market size is expected to cross US$ 417.24 billion at a compound annual growth rate of 4.2% from 2023 to 2030.  

Today, the cosmetic industry is not only limited to women as its craze can also be seen in men. Yes, you heard it right even men have become very conscious about their beauty and looks. Cosmetics and makeup play a very important role in building up the self-esteem and confidence of an individual and helping to stay young and attractive.  

Cosmetics cover a beauty and grooming range of products that help you to enhance your appearance. Some examples include perfumes, make-up, nail polish, shampoos, soaps, creams, and many others. These products can be produced in the organic and hypoallergenic form to meet the demands of users. 

Top 10 Cosmetic Companies in the World

Top 10 Cosmetic Companies in World 

Who wouldn’t desire to have a youthful and alluring beauty? Cosmetics include a wide range of beauty and personal care products that are specifically designed for skin beautification and cleansing. The listed Top 10 Cosmetic Companies in the World are some of the biggest names that offer different sorts of products. 

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1. Unilever – 

Unilever is the most prominent name in the global Cosmetic industry. They offer an extensive range of items including beauty and personal care products through such as Dove, Lux, and Rexona. The company majorly focuses on sustainability and business ethics to win the trust of its consumers. This company is known to generate a turnover of 75%. 

Products Offered – 

  • Hair Shampoo
  • Hair Conditioner
  • Hair oil
  • Deodorant
  • Body soap
  • Moistrimg lotion
Country of Origin  United Kingdom
Revenue Generated  UD$ 25.38 billion
Year of Establiehment  1929
Company’s Founder Lever Brothers 

2. L’Oréal – 

L’Oréal is one of the world’s largest cosmetics companies and has been revolutionizing the beauty industry.  They cover a range of hair colors, skincare, sun protection, make-up, perfumes, and hair care. Through this extensive range of services, they have established themselves as one of the Top 10 Cosmetic Companies in the World with a network spread across 150 countries.

Products Offered –

  • Conditioner
  • Mascara
  • Foundation
  • BB cream
  • Face serums
  • Lipsticks
  • Lip  liner
Country of Origin  Paris, France
Revenue Generated  UD$ 33.93 billion
Year of Establiehment  1909
Company’s Founder Eugene Scheuller

3. Revlon – 

Revlon is another multinational cosmetic company that deals in a quality range of cosmetics, skincare, perfume, and personal care. Revlon is a game changer and is breaking every beauty boundary to continue its legacy as a leading global beauty company.

Product  offered –

  • Lipsticks
  • Mascara 
  • Eyeliner 
  • Shampoo
  • Conditioner 
  • Face serums 
  • Moisturizing lotion
  • Perfumes 
Country of Origin  New York, USA
Revenue Generated  UD$ 2.7 billion
Year of Establiehment  1932
Company’s Founder Charles Revlon

4. MAC Cosmetics

 MAC Cosmetics has been providing beauty care and personal care solutions for the last 4 decades. The word MAC in their names stands for Make-up Art Cosmetic, which defines the range provided by them. This company has experienced a huge demand through a tradition of word-of-mouth endorsement from makeup artists, models, photographers, and journalists around the world. 

Products Offered – 

  • Eye shadow palette 
  • Lipstick
  • Foundation
  • Concealer
  • Moisturising cream
  • Cleansing oil
  • Settings spray 
  • Face primers
Country of Origin  Toronto, Canada
Revenue Generated  UD$ 1 billion
Year of Establiehment  1984
Company’s Founder Frank Toskan and Frank Angelo
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5. ULTA Beauty – 

ULTA Beauty is a high-end drug-store cosmetics company and has secured a relevant position among the Top 10 Cosmetic Companies in the World. This company operates through the segment which includes retail stores, salon services, and e-commerce, and covers a huge range including hair care, skincare, cosmetics, and fragrance. 

Product Offered – 

  • Face highlighter 
  • Lip oil
  • Lip gloss
  • Nail polish
  • BB & CC cream
  • Face wash 
  • Face masks
  • Hair oil & serums
  • Cologne 
Country of Origin  USA
Revenue Generated  UD$ 10.2 billion
Year of Establiehment  1990
Company’s Founder Richard E. George

6. Avon –  

Avon is one of the fastest-rising cosmetics companies with a network of over 100 countries. This company deals with an extensive line of color, cosmetics, skincare, fragrance,  fashion and home products. Avon is the 14th-largest beauty company with 6.4 million representatives and is the second-largest multi-level cosmetics marketing company in the world. 

Products Offered – 

  • Lipstick 
  • Kajal
  • Mascara 
  • Foundation
  • SPF 30
  • Anti-aging cream
  • Cleansers
  • Lip balms 
  • Toners
  • Body mist 
  • Roll-on Deo
Country of Origin  New York, USA
Revenue Generated  UD$ 9.23 billion
Year of Establiehment  1886
Company’s Founder David H. McConnell
7. KAO

 KAO is passionate about quality and that is reflected in their products. This company ensures to provide quality, safe, and highly efficient products covering different areas such as salon products, hair care, personal care, and skin care. Besides this, they also provide products regarding kitchen care, home care, pet care, oral care, bathroom care, and sanity care. 

Products Offered – 

  • Shampoos
  • Hair oil
  • Hair conditioner
  • Face serums 
  • Face wash
  • Body lotion 
  • Eye creams and masks
  • Hand cream
Country of Origin  Japan 
Revenue Generated  UD$ 11.8 billion
Year of Establiehment  1887
Company’s Founder Tomiro Nagase

Top 10 Cosmetic Companies in the World

8. Shiseido – 

Shiseido is one of the oldest cosmetics companies in the world and was first started as a Western-style pharmacy and then transformed into a global beauty giant with a current network of around 120 countries. Thai company occupies some of the biggest brands including NARS, Elixir, Revital, Drunk Elephant, the Glinza, and many others, which deal with a category consisting of makeup, skincare, body care, hair care, and fragrances. 

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Products Offered

  • Eye cream
  • Eye concentrate
  • Face sunscreen
  • Body Sunscreen
  • Eyelash serum
  • Cheeks powder
  • Lip liner 
  • Gel gloss 
  • Hydrating lotion
Country of Origin  Ginza, Tokyo, Japan 
Revenue Generated  UD$ 8.09 billion
Year of Establiehment  1872
Company’s Founder Arinobu Fukuhara
9. Clinique

Clinique is another great name among the Top 10 Cosmetic Companies in the World. This company deals with high-quality dermatological products to improve skin health. Clinique is also known to provide the safest, most effective formulas to bring remarkable results. They make sure to make their products without parabens, or phthalates and fragrance. 

Products Offered –

  • Moisturising cream
  • Lipsticks 
  • Face serums
  • Face cleansers
  • Sunscreen
  • Face primer
  • Blush 
  • Highlighter
  • Eyeliner 
  • Eyebrow Pencil
Country of Origin  New York, USA
Revenue Generated  UD$ 4.8 billion
Year of Establiehment  1986
Company’s Founder Evelyn Lauder
10. E.L.f Cosmetics – 

E.L.F Cosmetics is a new-age company and one of the top contenders among the top Cosmetic Companies in the World. This company makes sure to make each of its products with proper consideration regarding quality, On top of that, all of their products are cruelty-free and PETA-approved. Their rage includes skincare and mineral-based make-up.   

Product Offered – 

  • Lip balm
  • Lip gloss
  • Mascara
  • Bronzer 
  • Blush 
  • Sunscreen
  • Serums 
  • Exfoliating mask
Country of Origin  New York, USA
Revenue Generated  UD$ 0.89 billion
Year of Establiehment  2004
Company’s Founder Joseph Shamah and Scott Vincent Borba

Conclusion 

In conclusion, the global cosmetics industry is thriving and is expected to experience substantial expansion in the coming decade. The enumerated Top 10 Cosmetic Companies in the World are known for their top-notch quality products and are hitting high-profit revenues around the whale globe. 

FAQS regarding the Top 10 Cosmetic Companies in the World 

Questions 1. Which Country has the biggest cosmetic market in the world?

Answer 1. The United States of America is said to have the biggest Cosmetic Industry in the whole world. Other countries on the line are India, Japan, Germany, South Korea, and China.

Question 2. What are the Strategies that help to flourish the cosmetic market?

Answer 2. To flourish in the cosmetic market, companies should consider the following strategies.

  • Product localization
  • Affordability of product 
  • Digital Marketing 
  • Premium product quality
  • Ethical practices  
Question 3. What is the Indian market size of beauty products?

Answer 3. The India Cosmetic Market was estimated to be  US$ 8.1 Billion in 2023 and is predicted to reach US$ 18.4 Billion by the year 2032, at a CAGR of 3.2%.