Do you know? Egyptians were the very first people who introduced Lipsticks in their era. Ancient Egyptians were among the cosmetic companies that had an impact on our beauty rituals.
Cleopatra was the last active ruler of the ancient Egypt. It was rumored that Cleopatra used red lipstick, which was made from crushing ants and insects. Everything made was done so at one point it gave a certain style.
Let’s have a quick look at the uses of cosmetic companies that have a growing market and also know about the global standing of your favorite cosmetic brands.
1. LVMH
- Established: 1987
- Head Quarters: Paris, France
- Founders: Bernard Arnault, Alain Chevalier, Henry Racamier
- Products: Clothing, Cosmetics, Accessories, Jewellery, Perfume, Watches and wines
- Revenue (TTM 2023): $95.24 B
Moët Hennessy Louis Vuitton, commonly known as LVMH, is a French luxury brand specializing in cosmetics goods. Most importantly, the company is listed on the Euronext Paris exchange. Not all cosmetic companies’ designs receive awards.
However, the award was given to the prestigious LVMH Prize for Young Designers in 2023. Later, it was presented the Innovation Award Grand Prize to FancyTech.This was awarded for technological advancements within the industry.
Surprisingly, Louis Vuitton is never on sale. Those hoping for a bag on discount in the next sale might be disappointed. Louis Vuitton maintains fixed prices year-round. Louis Vuitton outlet stores are never found. However, its products are extensively sold online on its official websites www.louisvuitton.com and www.24s.com.
2. Gillette (Procter and Gamble)
- Established: 1901
- Head Quarters: Cincinnati, Ohio
- Founders: William Procter, James Gamble
- Products: Safety Razors, Shaving Supplies, Personal Care Products
- Revenue (TTM 2023): $82.0B
Gillette introduced the world’s first safety razor with a disposable blade. Men were the primary users of this brand. This innovation revolutionized shaving practices, making it safer, more convenient, and accessible for millions of men worldwide across 80 countries. That is to say, it laid the foundation for Gillette to become a great force in the shaving and personal care industry.
Additionally, Gillette’s marketing and communications team received an award for their 2023 campaigns. The main focus of the campaign was the well-being of children. Notably, the “Vibe Network” for employees was launched.
3. Unilever
- Established: 1929
- Head Quarters: London, England, United Kingdom
- Founders: Anton Jurgens, William Hulme Lever, Samuel van den Bergh
- Products: Food, Personal care products
- Revenue (TTM 2023): $64.60 B
Unilever is a big company with three main segments: Beauty & Personal Care, Foods & Refreshments, and Home Care. Likewise, its portfolio among the rest of cosmetic companies is unique.
In particular, it includes well-known brands such as Dove, Axe/Lynx, Lipton, Knorr, Hellmann’s, and many others, spanning categories like skincare, hair care, beverages, ice cream, and cleaning products.
In addition to this, Unilever is known for its commitment to sustainability and social responsibility. Since it actively promotes initiatives to reduce environmental impact, social development, and regenerative agricultural practices. Its structure allows it to maintain a global presence and strategic flexibility in operations.
4. L’Oreal
- Established: 1909
- Head Quarters: Clichy, France
- Founder: Eugène Schueller
- Products: Skin Care, Hair Color, Perfume, Hair care, Cosmetics
- Revenue (TTM 2023): $45.53 B
L’Oreal S.A. is one of the top French multinational cosmetic companies with 36 brands spread across 150 countries. Therefore, it is the world’s leading patent holder in nanotechnology within the United States, using nanotech to develop ingredients with active components that heal the skin.
A recent achievement for L’Oreal was its recognition at the 2024 Consumer Electronics Show (CES) with an Innovation Award for the Airlight Pro Hair Dryer. Besides, L’Oréal is one of the cosmetic companies partnered with UNESCO to honor five exceptional female researchers with the 2024 L’Oréal-UNESCO For Women in Science International Awards.
5. Chanel
- Established: 1910
- Head Quarters: London, United Kingdom
- Founders: Coco Chanel and Pierre Wertheimer
- Products: Haute couture, handbags, footwear, Accessories, Jewellery, Perfume
- Revenue (TTM 2023): $19.7 billion
Chanel is the most valuable luxury brand. Particularly, this is one of the many cosmetic companies which is functioning in over 70 countries. Coco Chanel revolutionized fashion by popularizing the “Little Black Dress” in the 1920s. Initially, people used to reserve black for mourning attire but, after Chanel’s, it was known as a symbol of elegance and versatility.
Recently, Chanel has received notable awards for its contributions to arts and culture. CHANEL Culture Fund awarded the CHANEL Next Prize to the artists in 2024. Especially, various disciplines, including visual art, film, dance, and digital art received the award.
6. Estée Lauder
- Established: 1946
- Head Quarters: New York, U.S.
- Founders: Estée Lauder, Joseph Lauder
- Products: Skincare, Makeup, Perfume, Haircare
- Revenue (TTM 2023): $15.15 B
Firstly, Estée Lauder Companies Inc. is among the top American-based multinational cosmetics companies. As shown by the reports, it has 20-plus brands spread in 150 countries. Recently, The company received a Campus Forward Award for its early hiring commitment.
Initially, the founders started Estée Lauder as a small family-owned business selling skincare products. The use of many marketing strategies led to introducing the customers to the products. Therefore this helps them to build a loyal following. Thus, this approach not only makes the brand popular but also promotes its technique in the industry.
7. Nivea (Beiersdorf)
- Established: 1911
- Head Quarters: Hamburg, Germany
- Founder: Paul Beiersdorf
- Products: Skincare, Body Care
- Revenue (TTM 2023): Beiersdorf- $10.584B
Nivea is a German cosmetic brand that specializes in skin and body care. Surprisingly, Beiersdorf owns this cosmetic company. Factually speaking, the company operates in about 90 countries. To be precise, the product has been around for over 100 years and holds a distinct brand value, suitable for all skin types and ages.
Moreover, the brand Nivea Surpasses €5B in Sales for First Time in History. In the same way, the face care section, particularly the Luminous Series, was a significant growth point, increasing sales organically by 18% year-on-year.
8. Shiseido
- Established: 1872
- Head Quarters: Higashi Shinbashi, Minato, Tokyo, Japan
- Founder: Arinobi Fukuhara
- Products: Skincare, Makeup, body care, hair care, fragrance
- Revenue (TTM 2023): $6.86 B
Shiseido was Japan’s first Western-style pharmacy. The company created Japan’s first toothpaste in 1888. Later, they started as one of the most promising cosmetics companies. Also, innovation and quality in personal care are the main concerns. Moreover, it involves the consumption of about 120 countries with a total of 35 brands.
Also, the company received DESIGN AWARD in 2024. The design and attractive features of the brand make it expensive. It especially uses some of the complex active ingredients that improve the skin barrier which improves skin quality.
9. Coty
- Established: 1904
- Head Quarters: Amsterdam, Netherlands
- Founder: François Coty
- Products: Cosmetics, Fragrance, Hair Care, Skin Care
- Revenue (TTM 2023): $5.554B
Coty is one of the largest fragrance companies among all the cosmetic companies with a total of 40 brands widely spread across 130 nations. Did you know? Coty Cosmetics began as a small fragrance-only company in 1904. On the contrary, the award for the Large Cap category, at the Euronext Stock Market Awards was given to the brand. It received the Best Listing Award.
Interestingly, François Coty personally promoted his homemade scents. Also, he achieved his first major success with the fragrance La Rose Jacqueminot, which became a hit among Parisian women and established Coty’s name locally.
10. Clinique
- Established: 1968
- Head Quarters: New York City, U.S.
- Founder: Evelyn Lauder
- Products: Cosmetics, Skincare, Toiletries, Fragrances
- Revenue (TTM 2023): $4.8 B
Certainly, Clinique is a dermatologist-developed brand sold across 135 countries. It was one of the first brands to ever focus on this simple but effective skincare approach. Apart from this, it got the honor of Cosmetic Executive Women in 2023 for Clinique’s Almost Lipstick in Black Honey.
Now, this universally flattering lip color balm has been a fan favorite since 1989. Customers can also receive personalized advice from skincare experts.
Conclusion:
Altogether, we can say that from iconic fashion companies to innovative skincare brands, cosmetic companies hold an exciting sector.
Whether you like beauty or are simply curious about the brands you use, understanding these companies can help you make better choices. So, we hope, this blog made you a bit curious about the brands you use.
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