10 Largest Cosmetic Companies in the World (2026)
The cosmetics industry encompasses a wide range of products, including skincare, haircare, makeup, fragrances, toiletries, deodorants, and oral cosmetics. Companies within this sector typically manufacture and distribute their products through various channels, including e-commerce platforms and retail stores.
As of 2026, the global beauty industry has witnessed remarkable expansion, growing from a valuation of $511 billion in 2020 to an estimated $784.6 billion. The Asia Pacific and North American markets continue to lead, accounting for over 60% of the total market share combined.
In this article, we present the top 10 cosmetic companies globally, ranked by revenue.
Detailed List of the 10 Largest Cosmetic Companies in the World
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Johnson & Johnson. New Jersey, USA
2025 Annual Revenue: $82.06 billion
Founded in 1886, Johnson & Johnson is the largest cosmetic manufacturer globally and is among the most valuable companies worldwide. It is one of only two companies in the United States with a AAA credit rating, surpassing even the U.S. government.
Focusing on consumer health, medical devices, and pharmaceuticals, Johnson & Johnson’s consumer health franchise includes baby care, oral care, over-the-counter medications, skin health, women’s health, and wound care. Popular products include Band-Aids, Tylenol, Johnson’s Baby products, Neutrogena, and Aveeno. As the top cosmetic manufacturer, Johnson & Johnson accounts for over 27% of total revenue in the sector.
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Procter & Gamble. Ohio, USA
2025 Annual Revenue: $67.7 billion
Founded in 1837, Procter & Gamble is an American multinational consumer goods corporation. The company focuses on personal health, consumer health, personal care, and hygiene products, organized into several segments, including baby care, fabric care, and grooming.
Operating in multiple countries, Procter & Gamble emphasizes innovation and consumer insights. Known for brands such as Gillette, Old Spice, and Pantene, the company streamlined its portfolio in 2014, focusing on 65 key brands that contribute to 95% of its revenue.
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Unilever. London, England and Rotterdam, Netherlands
2025 Annual Revenue: $58.03 billion
Unilever is an Anglo-Dutch multinational company with a diverse portfolio of over 400 brands, including beauty, personal care, and food products. They are the largest producer of soap worldwide, with significant brands like Dove and Axe.
In response to global challenges, Unilever has committed to sustainability, aiming to halve its environmental footprint by 2030, with all sites powered by renewable energy. Their response to the COVID-19 pandemic involved significant donations of hygiene products and food.
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L’Oréal USA. Clichy, France
2025 Annual Revenue: $33.34 billion
L’Oréal, headquartered in Clichy, France, is the largest cosmetics company globally, focusing solely on beauty products. Their extensive brand portfolio includes L’Oréal Paris, Garnier, and Maybelline.
Known for innovation, L’Oréal has developed technologies like Episkin for ethical testing and partnered with beauty tech companies to enhance customer experience. The company launched the AI-enabled Perso app, allowing users to create custom cosmetic formulations.
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Kao Brands. Tokyo, Japan
2025 Annual Revenue: $14.7 billion
Kao, founded in 1887, started as a soap manufacturer and has since expanded into a diverse range of beauty and personal care products. Their brands include Biore and Jergens.
Recognized for innovation and sustainability, Kao has received accolades for its environmental initiatives and employee engagement. They were named “Environmental Heroes of the Year” for their significant contributions to sustainability.
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Estée Lauder. New York, New York
2025 Annual Revenue: $13.68 billion
Estée Lauder, founded in 1946, is known for its prestigious skincare and cosmetics. The company has grown through innovation, acquisitions, and strategic partnerships.
Estée Lauder’s extensive brand portfolio includes MAC, Clinique, and Too Faced, distributed through high-end retail channels and e-commerce.
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Shiseido Americas. Tokyo, Japan
2025 Annual Revenue: $9.9 billion
Shiseido, established in 1872, is one of the oldest cosmetics companies globally, offering a wide range of skincare, makeup, and fragrances.
Known for their innovative products and premium packaging, Shiseido emphasizes quality and aesthetics in their offerings.
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Coty. New York, New York
2025 Annual Revenue: $9.4 billion
Coty, founded in 1904, is known for its extensive portfolio of beauty products, including fragrances and cosmetics. The company has significantly expanded through acquisitions, becoming a leader in fragrance and color cosmetics.
Coty’s notable brands include Kylie Cosmetics and CoverGirl, showcasing their influence in the beauty industry.
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Beiersdorf. Hamburg, Germany
2025 Annual Revenue: $8.9 billion
Beiersdorf, a German multinational, produces a range of personal care products, with brands like Nivea and Eucerin. The company focuses on skincare and has a strong presence in Europe and growing markets worldwide.
Beiersdorf emphasizes regional research to cater to local market needs, ensuring their products resonate with consumers.
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AmorePacific. Yongsan-gu, South Korea
2025 Annual Revenue: $5.5 billion
Founded in the 1930s, AmorePacific operates over 30 beauty and personal care brands, gaining significant recognition in Asia and beyond. Their product lines emphasize natural ingredients and innovative formulations.
AmorePacific’s brands include Laneige and Etude House, appealing to diverse consumer preferences and trends.
In conclusion, the cosmetics industry continues to thrive, driven by innovation, sustainability, and a growing demand for diverse beauty products. As these leading companies adapt to market changes and consumer preferences, they remain at the forefront of the global beauty landscape.
Author
Caitlin Mazur is a freelance writer at Zippia. Caitlin is passionate about helping Zippia’s readers land the jobs of their dreams by offering content that discusses job-seeking advice based on experience and extensive research. Caitlin holds a degree in English from Saint Joseph’s University in Philadelphia, PA.
