L'Oréal is the leading beauty products company with over $35 billion in global sales (Statista) L'Oréal remains the top player in the beauty industry, with nearly $11 billion more in sales than second-place Unilever. Rounding out the top 5 are Estée Lauder, P&G, and Shiseido.
As of 2021, the French cosmetics company L'Oréal was the leading beauty manufacturer in the world, generating revenues of about 34 billion U.S. dollars that year. The company owns the leading personal care brand worldwide, L'Oréal Paris, valued at 29.5 billion U.S. dollars in 2020.
Despite that fact, most high-level decision makers in these industries are men. Boo! The beauty industry has an average of just 29 percent female leadership across boards and executive teams, fashion averages 27 percent, and media averages 15 percent, according to the LedBetter Gender Equality Index.
Instead, Americans spent the most on beauty (46%), followed by fitness ($34, with the lowest monthly investment in wellness ($30) Women and nonbinary individuals spent more ($124 and $114 respectively) than ment ($94) in these overall categories.
Currently the most popular beauty product (and by a significant margin), personal care products have held the biggest share of the beauty market for many years. In 2014, its market share was 45.7%. This is expected to hold relatively steady, dipping only by a marginal two percentage points to 43.7% in 2027.
Share of shoppers buying beauty products online 2022, by gender. A survey conducted in the third quarter of 2022 revealed that globally, women were purchasing beauty products online more than men. An average of 32 percent of women worldwide purchased beauty products online from July to September of 2022.
Examples of male-dominated occupations include electricians, computer network architects, and mechanical engineers. Occupations with the smallest share of women workers. (2019) U.S. Department of Labor, Women's Bureau.; Campuzano, M. V. (2019).
Madam C.J.
Walker. She developed and marketed a line of beauty and hair products for black women during the 1900s. At first, she started out selling door to door. Then she trained women to become “beauty culturists” by teaching them how to groom and style their hair.
Founded in 1990, Ulta Beauty is the nation's largest beauty retailer, with more than 1,300 stores across all 50 states, and the recently launched Ulta Beauty at Target in 100 Target locations. It sells over 25,000 products across more than 600 brands.
According to the Top 20 Global Beauty Companies 2021 Report, the biggest beauty companies in the world are The Procter & Gamble Company (NYSE:PG), The Estée Lauder Companies Inc. (NYSE:EL), and Unilever PLC (NYSE:UL).
L'Oréal is the largest cosmetics group in the world with its presence in 150 nations. The company designs and develops cosmetic products on haircare, skincare, make-up, and perfumes.
However, there are certain fields that are dominated by women, like education, child care services, employment services, nursing, social services, and pharma. These professions have a largely female workforce. These figures are as high as 94% in child care services and 92% in child care services.
In 2021, female employee earnings were outpaced by male earnings across nearly all industries, with sharp disparities in the professional and technical services industry, as well as the finance and insurance industry. Female earnings were slightly higher than male earnings in the mining, quarrying, and oil and gas ...
The United States spends the most on cosmetics.
Access the digital replica of USA TODAY and more than 200 local newspapers with your subscription. Among younger white women, ages 18-34, 85 percent wear makeup, but that decreases to 77 percent of women 55 and older.
In the spirit of speaking with data, I ran a quick survey on Qualtrics with about 60 men. 78% said they preferred women with the no-makeup look while just 22% said they preferred makeup. In a company context, product managers would assume that this revealed a clear preference.
Yes, most industry experts agree that the cosmetics industry is oversaturated. Even without being an expert, anyone who's shopped for skincare products recently knows the insane number of options available at the store.