Ownership of products by luxury cosmetics brands in the U.S. 2018
What are the top cosmetic brands in the world?
In 2020, L’Oréal Paris is the leading cosmetic brand in the world based on brand value. The French personal care giant recorded a brand value of almost US$12 billion in the global market. Second ranks Gillette followed by Nivea and Estée Lauder. The most popular luxury cosmetic brand in the United States as of 2018, Clinique, had a brand value of US$6.2 billion.
Global skincare market
Of the five categories within the global cosmetic market, skincare makes up the biggest segment, as seen in the years from 2011 to 2019: Products from this section had a share of 40 percent of the global cosmetics market in 2019. Skincare as a cosmetic category on the global market is growing at a rapid rate with every year passing and by 2024, the global skincare market size is expected to have increased up to US$180.3 billion.