Cosmetics are a huge industry. Men and women alike are always interested in keeping up with their appearance, whether it’s skincare regimens or makeup. For this reason, cosmetic companies are billion dollar industries with sales that continually grow. Each year only one can be on top, though for several years the most valuable cosmetic company in the world hasn’t changed. Read on to find out which 5 cosmetic companies are the most valuable in the world.
Lancome – $5.5 billion
Based in France, this particular cosmetics company is one of the most famous in the world. It’s a bit more high-end than the other brands on this list. It’s found more often in higher-end department stores and not as often in pharmacies and lower-end retail chain stores.
Nivea – $5.8 billion
Nivea is a cosmetics company based out of Germany. This company is famous for producing well-known and very profitable brands such as lotions, creams and anti-aging products. The company’s market cap is $5.8 billion, and that’s because of the success of its products and the desire of most people to want to look as good as possible.
Neutrogena – $6.9 billion
Based in the United States, Neutrogena is a brand that has a little bit of everything to offer consumers. From tanning lotions to regular lotions, cosmetics, cleansers and everything in between, there is nothing that Neutrogena does not offer its consumers.
L’Oreal – $8.69 billion
This French company is one of the most popular in the world. It’s famous for its makeup, which include everything from foundations to lipsticks and everything in between. The brand is one of the more high-end brands, though it is found in many large retail outlets and in drugstores. It’s affordable price and the fact that most of its makeup is very similar to much more expensive brands is what makes it so popular.
Olay – $11.7 billion
Olay is a United States based business. The company makes products such as facial creams, cleansers and makeup. Women in particular love this brand because the success of its anti-aging cosmetics. They’re some of the best on the market, and they sell very well.
(Photo by Jeffrey Ufberg/Getty Images for Lancome)
