Top 10 Largest Cosmetics Companies in the World, the Winner from France

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Cindy Mutia Annur 29/08/2023 20:36 WIB

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Based on Companies Market Cap data, L'Oréal is the world's largest cosmetics company. The French company had a market capitalization of US$239.47 billion as of August 29, 2023.

Top 10 Cosmetic Companies by Market Capitalization in the World (August 29, 2023)

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Top 10 Cosmetic Companies by Market Capitalization in the World (August 29, 2023)

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The global cosmetics industry has seen continuous growth in recent years. While some producers, such as Revlon, have faced bankruptcy, others have reaped significant profits.

So, who are the world's largest cosmetics companies today?

Based on data from Companies Market Cap, L'Oreal is the world's largest cosmetics company. The French company had a market capitalization of US$239.47 billion as of August 29, 2023.

L'Oreal heiress, Francoise Bettencourt Meyers, held the position of the world's richest woman according to Forbes Real Time Billionaire as of August 29, 2023. Her net worth is estimated at US$87.6 billion.

Besides the L'Oreal brand, Meyers' family company also owns other well-known cosmetic brands such as Maybelline, NYX, Urban Decay, and Stylenanda (3CE).

Estee Lauder ranks second among the world's largest cosmetics companies, with a market capitalization of US$55.93 billion.

Givaudan, a Swiss company, is ranked third, with a market capitalization of US$30.43 billion.

Meanwhile, in tenth place is Amorepacific, a South Korean cosmetics company, with a market capitalization of US$6.05 billion. This company oversees several well-known cosmetic brands such as Etude House and Laneige.

Here is a complete list of the top 10 cosmetics companies with the largest market capitalization in the world as of August 29, 2023:

1. L'Oreal (France): US$239.47 billion
2. Estee Lauder (United States): US$55.93 billion
3. Givaudan (Switzerland): US$30.43 billion
4. ULTA Beauty (United States): US$20.22 billion
5. Kao (Japan): US$17.98 billion
6. International Flavors & Fragrances (United States): US$16.95 billion
7. Shiseido (Japan): US$16.38 billion
8. Coty (United States): US$9.6 billion
9. e.l.f Cosmetics (United States): US$6.67 billion
10. Amorepacific (South Korea): US$6.05 billion

Editor : Erlina Fury Santika

"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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Top 10 Largest Cosmetics Companies in the World, the Winner from France

Top 10 Largest Cosmetics Companies in the World, the Winner from France

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Top 10 Largest Cosmetics Companies in the World, the Winner from France

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