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Oct 07, 2022

Which Country Is Famous For Cosmetics

   The US is home to four of the ten biggest cosmetics companies in the world, while Japan and France have two each. L'Oréal remains the world's largest cosmetics company, followed by Unilever, and P&G.Cosmetics Technology lists the top ten cosmetics companies, based on revenues in 2020.

  The sharp decline in profits was triggered by the supply chain disruptions due to the Covid-19 pandemic. The personal care giant was back on the growth track with a 4.8% like-for-like acceleration in sales in the fourth quarter of 2020. The widespread closure of points-of-sale was offset by L’Oréal’s strong performance in digital and e-commerce platforms, with the e-commerce business witnessing a 62% increase in sales and accounting for 26.6% of the entire sales in 2020.

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