Every woman who likes makeup, and every woman who loves makeup, has a buddy in cosmetics. There are many different cosmetics and beauty product companies on the market, but only a select handful have become well-known, famous, and wealthy as a result of their contributions to the cosmetics industry. The cosmetics market is exploding, and some brands have made billions off of it because of changing lifestyles and a need to look attractive. Let’s look at the top ten cosmetic brands in the world 2023 and some of their fundamental information.
10. Coty
- Worldwide Cosmetic Sales: $5.3 billion approx.
- Headquarters: New York, USA
- Founded In: 1904
- Founder: François Coty
- Best Products: Haircare, Fragrances, Skincare, Makeup
- Number Of Employees: 20,000 approx.
The Top ten cosmetic brands in the world 2023 are completed by Coty. The French perfumer, entrepreneur, and politician François Coty started mass-producing scents for middle-class women in 1904 and ensured that fragrances became accessible to more people than just the wealthy. This is how the American company got its start. Since then, the business has moved to the United States, where it is currently the biggest fragrance manufacturer in the world. Coty currently offers a variety of different cosmetics, including skincare and makeup items, through its many brands. The business is renowned for its regional branding and for creating cosmetics under license agreements for numerous non-cosmetic businesses.
9. Beiersdorf
- Worldwide Cosmetic Sales: $6 billion approx.
- Headquarters: Hamburg, Germany
- Founded In: 1882
- Founder: Paul Beiersdorf
- Best Products: Lip care, Fragrances, Skincare
- Number Of Employees: 20,654 approx.
German company Beiersdorf AG produces and sells cosmetics and personal care items. Although the company was well known for creating other products as well, it started to concentrate on three crucial ones: skin care, adhesives technology, and wound management. The Nivea cosmetics-only line was the most well-liked of all the product lines. The company’s skincare line includes a variety of cosmetics made for various body parts and skin types as well as items with specific applications, such as sunscreen creams. Other well-known companies owned by Beiersdorf include Tesa, a manufacturer of sticky tapes, and 8×4, which produces deodorized bath soap and contemporary luxury perfumes.
8. Natura & Co.
- Worldwide Cosmetic Sales: $6.9 billion approx.
- Headquarters: Sao Paulo, Brazil
- Founded In: 1969
- Founder: Antonio Luiz Seabra
- Best Products: Makeup, Haircare, Skincare
- Number Of Employees: 35,000 approx.
In the list of the top ten cosmetic brands in the world 2023, Natura & Co. is ranked eighth. The Brazilian corporation is by far the biggest cosmetics company in South America. It was established in 1969, and since its founding, it has dominated both its domestic market and those of neighboring South American nations. Its expansion into countries outside of Latin America, particularly the European market, has increased Natura & Co’s status as a global producer of many types of cosmetics. The brands of Natura & Co. are particularly focused on cosmetics for skin and hair care as well as fragrances.
7. NYX Professional Makeup
- Net Worth: $17.43 billion approx.
- Headquarters: California, United States
- Founded In: 1999
- Founder: Toni Ko
- Best Products: Soft matte lip cream, Love in Paris shadow, Stick blush
- Parent Organization: L’Oréal
- Number Of Employees: 18,000 approx.
Without a doubt, NYX Professional Makeup will remain a leading cosmetics brand through 2023. A subsidiary of L’Oréal, NYX Professional Makeup is an American-based cosmetics company. Toni Ko created it in Los Angeles in 1999.
It was given the name Nyx in honor of the Greek night goddess. PETA has certified and authorized NYX Professional Makeup as a cruelty-free brand, and they provide a variety of vegan-friendly goods. Best Eyeshadow Brands, then. Many merchants in more than 70 countries sell and distribute NYX cosmetics. It offers a wide variety, including freestanding stores, specialized beauty salons, and its corporate website.
6. NARS Cosmetics
- Worldwide Cosmetic Sales: $8.2 billion approx.
- Headquarters: New York, USA
- Founded In: 1994
- Founder: François Nars
- Best Products: Sheer glow foundation, Nail Polish, Blush, Lip gloss, Eyeshadow
- Parent Organization: Shiseido
- Number Of Employees: 1,375 approx.
NARS is a leading cosmetics manufacturer with a stellar reputation worldwide and comes in at number six among the top ten cosmetic brands in the world 2023. François Nars, a makeup artist, and photographer founded NARS Cosmetics, a cosmetics and skincare firm with headquarters in France, in 1994. Twelve lipsticks were the first cosmetics product, and they were marketed at Barneys New York. Since then, NARS has developed a number of beauty products with several uses and is now a functioning Shiseido subsidiary. Department shops in 30 nations, including those in the Americas, Europe, Japan, and Southeast Asia, are where NARS’ products are mostly sold.
5. Shiseido
- Worldwide Cosmetic Sales: $8.2 billion approx.
- Headquarters: Tokyo, Japan
- Founded In: 1872
- Founder: Masaki Hanahara
- Best Products: Smoothing Eye Cream, UV Protective Compact Foundation
- Number Of Employees: 46,000 approx.
In the list of the biggest cosmetic manufacturers in the world, Shiseido is ranked sixth. It is the biggest cosmetics company in Asia and has long held a prominent position in the region’s beauty market. The Japanese corporation, which was founded in 1872, has long been a well-known brand in Japan and Asia, but more recently, it has also succeeded in making a name for itself on the international market. Shiseido offers a comprehensive range of beauty goods, from skincare to haircare, through its numerous brands that appeal to various target markets and tastes. Shiseido offers five brand categories: Professional, Prestige, Cosmetics, and Personal Care. It made plans to transfer its Personal Care business to a newly established company starting on July 1, 2021, which were revealed in February 2021.
4. Dior
- Worldwide Cosmetic Sales: $7.1 billion approx.
- Headquarters: Paris, France
- Founded In: 1946
- Founder: Christian Dior
- Best Products: Perfumes, Lipstick, Dior skin, Rouge couture, Makeup bag
- Parent Organization: LVMH, Semyrhamis SA
- Number Of Employees: 163,309 approx.
Dior is the fourth-most popular cosmetics brand among the top ten cosmetic brands in the world 2023, and many people will consider it to be the best. Dior is the brand name for the French luxury fashion firm Christian Dior SE. The Christian Dior brand mostly produces items for women. The business also owns the infant Dior brand for children’s clothing and the menswear subsidiary Dior Men. Items are supplied and sold through the company’s online store as well as its portfolio of retail locations across the world. Many celebrities, including Monica Bellucci, Jude Law, Natalie Portman, Mila Kunis, Jennifer Lawrence, Robert Pattinson, Rihanna, Johnny Depp, and Cara Delevingne, have endorsed Dior ads.
3. Estée Lauder Companies
- Worldwide Cosmetic Sales: $17.7 billion approx.
- Headquarters: New York, USA
- Founded In: 1946
- Founder: Joseph Lauder, Estée Lauder
- Best Products: Makeup, Skincare, Fragrances, Haircare
- Number Of Employees: 48,000 approx.
Another major player in the cosmetics sector is The Estée Lauder Companies, which is particularly well-known for its premium makeup, fragrance, and other adornment items. Estée Lauder, a businesswoman, founded the American company in 1946. Since then, it has expanded to become a significant global player in the beauty industry, with a portfolio of more than 20 brands. More than 150 nations sell the items made by Estée Lauder Company. In addition to holding the top spot in the worldwide cosmetics market, Estée Lauder also provides a vast array of goods under its various brands in other cosmetic categories, such as skincare and fragrance. Pack. Estée Lauder is one of the many brands owned by The Estee Lauder Companies. This brand has many well-known individuals who are known as its “faces,” including Elizabeth Hurley and Gwyneth Paltrow.
2. L’Oréal
- Worldwide Cosmetic Sales: $36.5 billion approx.
- Headquarters: Clichy, France
- Founded In: 1909
- Founder: Eugène Schueller
- Best Products: Nude highlighter palette, Face mask, Serum, Foundation, Lipstick, Eye shadow, Concealer
- Number Of Employees: 88,000 approx.
The second biggest cosmetics firm among the top ten cosmetic brands in the world 2023, L’Oréal has a strong lineup of products that appeal to a wide spectrum of consumers. The French company has been in business for more than a century and has made a name for itself as the undisputed leader in the world of cosmetics. L’Oréal’s dedication to innovation and quality is the reason for its ongoing success. The business makes significant investments in R&D to develop new goods or enhance existing ones. L’Oréal has a substantial global presence in more than 150 countries, enabling it to interact with clients from all spheres of life. L’Oréal’s several brands offer a nearly full range of cosmetic products, from cosmetics to skincare, hair care, and perfumes. There are 36 brands in its portfolio, including Maybelline New York, Biotherm, Yves Saint Laurent Beauté, Giorgio Armani Beauty, Vichy, L’Oréal Paris, and Vichy.
1. LVMH Moët Hennessy Louis Vuitton
- Worldwide Cosmetic Sales: $7.7 billion approx.
- Headquarters: Paris, France
- Founded In: 1987
- Founder: Bernard Arnault, Henry Racamier, Alain Chevalier
- Best Products: LVMH Perfumes, Lipstick, Eye shadow, Face & Body Foundation
- Parent Organization: Christian Dior SE
- Number Of Employees: 150,000 approx.
LVMH Hennessy Mot The largest producer of luxury goods, Louis Vuitton, often known as LVMH, owns some of the most recognizable luxury brands in the world. The French corporation, which has its headquarters in Paris, has had a considerable impact on the cosmetics industry as well, making it one of the biggest cosmetic companies in the world. Luxury cosmetic and fragrance companies with a strong emphasis on class and quality are owned by LVMH. The luxury fragrances market is led by LVMH in particular, but the company is also a global leader in other areas of the luxury cosmetics industry, including skincare and makeup. Louis Vuitton, Givenchy, Tag Heuer, Acqua Di Parma, Bvlgari, Tiffany & Co., Marc Jacobs Beauty, and Louis Vuitton are just a few of the brands owned by LVMH, one of the biggest luxury goods firms in the world.
Based on several elements like popularity, sales, client satisfaction, and brand loyalty, the top ten cosmetic brands in the world 2023 can change. Each brand has distinct advantages and disadvantages, product lines, and target markets. While others are experts in makeup or haircare, some concentrate more on skincare. Likewise, customers are placing greater importance on ethical and sustainable activities, and brands that uphold these values are becoming more well-known. The ideal cosmetic brand for a particular person ultimately relies on their tastes, skin type, and intended outcomes. Before making a purchase, it’s crucial to do some research, read reviews, and test out several products.
