Top 10 Highest-Earning Cosmetic Companies in the World
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The demand for cosmetics continues to increase and develop over time. Among the many companies, several of the world's largest cosmetic companies dominate the market.
According to cosmetic-technology.com, here is a list of the 10 largest cosmetic companies in the world by revenue in 2020.
1. L'Oréal - US$33.93 billion
2. Unilever - US$25.38 billion
3. P&G - US$19.41 billion
4. Estée Lauder - US$14.29 billion
5. Shiseido - US$8.73 billion
6. Beiersdorf - US$6.91 billion
7. LVMH - US$6.36 billion
8. Kao - US$5.17 billion
9. Coty - US$4.71 billion
10. Johnson & Johnson - US$4.45 billion
The French company, L'Oréal, is listed as the world's largest cosmetics company, with revenue reaching US$33.93 billion or approximately Rp 503.26 trillion throughout 2020.
The company was initially created by producing hair dye products, but eventually became home to many beauty brands, including L'Oréal Paris, Kérastase, Lancôme, Kiehl's, YSL Beauty, and so on.
(Read More: This is Indonesian Women's Favorite Lipstick Brand, Is Yours There?)
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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