D. Petruzzi
Research expert covering Cosmetics, Personal Care, Health & Hygiene industries.
Colgate-Palmolive - statistics & facts
Colgate-Palmolive is an American consumer product company with its corporate headquarters located in Midtown Manhattan, New York City. The company is one of the leading manufacturers of household and personal care products in the world, with a focus on the production, distribution, and provision of household, soaps, detergents, as well as oral hygiene products. The company also manufactures veterinary and nutritional products for pets.
A leader in the personal care industry
Initially established as a starch, soap, and candle factory with the name Colgate and Company in 1806, the company would later be incorporated in 1928 after merging with Palmolive-Peet. Since then, it has grown to become one of the most valuable brands worldwide, with total net sales of nearly 19.5 billion U.S. dollars in 2023. In the same year, Colgate-Palmolive employed around 34,000 people, up from the previous fiscal year. The company's personal care products are well-known among consumers in different geographical areas. Among others, the list includes shower gels, deodorants, antiperspirants, shampoos, and conditioners. Its home care products include dishwashing liquids, household cleaners, and fabric softeners.The oral care market
Colgate-Palmolive sells its oral, personal, and home care product segment across five geographical regions. In the United States, the oral, personal, and home care segment generated over 3.6 billion U.S. dollars in annual revenue and the majority of its global sales came from oral care products. The oral care market is a successful one, having recorded revenues of around 51.5 billion U.S. dollars in 2023, that are expected to reach a value of over 60 billion U.S. dollars by 2028. Colgate-Palmolive’s products for oral hygiene include toothpaste, toothbrushes, and mouthwash, but the company also produces pharmaceutical oral health products for dentists and other professionals.
