2025 Universal Registration Document

1. Presentation of the Group – Integrated Report

ESTIMATED GLOBAL BEAUTY MARKET IN 2025 ~ €300 BILLION(1)

BY REGION

This chart shows the estimated global beauty market in 2025, approximately €300 billion(1) by region.

  • Europe : 25 %
  • North America : 28 %
  • North Asia: 27 %
  • SAPMENA - SSA : 11 %
  • Latin America : 9 %

Despite a challenging global environment marked by heightened macroeconomic and geopolitical uncertainty, the sector continues to grow, driven by the vitality of many regions and the unfailing appeal of beauty, confirming its status as a consumer safe haven.

With its rich cultural and economic diversity, the SAPMENA Region continues to emerge as a key growth driver for the industry, drawing strength from the rise of the middle classes, a young and connected population, and a growing appetite for both traditional and innovative beauty products, as well as rising demand for authentic and responsible brands.

BY PRODUCT CATEGORY

This chart shows the estimated global cosmetics market in 2025, approximately 300 billion euros(1) by product category.

  • Skincare : 38 %
  • Haircare: 21 %
  • Make-up: 17 %
  • Perfumes: 14 %
  • Hygiène products : 10 %

Beauty has become an indispensable part of daily life for many consumers, making the industry particularly resilient to economic headwinds. The industry is able to adapt to new market realities by focusing on technological innovation, and especially Beauty Tech, digital technology and the diversification of its distribution channels, while also meeting the growing need for authenticity and perceived value.

THE MAIN WORLDWIDE PLAYERS

2024 sales in USD billions. Companies are ranked by volume of sales of beauty products for the 2024 calendar year. Estimated figures are given for companies whose financial year did not run from 1 January 2024 to 31 December 2024.(1).

This chart shows the main worldwide players, with 2024 revenue in billions of U.S. dollars.

  • L’Oréal: 47.04
  • Unilever: 26.63
  • Estée Lauder: 15.20
  • Procter & Gamble: 15.00
  • LVMH: 9.11
  • Chanel: 8.54
  • Beiersdorf: 8.53
  • Shiseido: 6.55
  • Coty: 6.10
  • Puig: 4.79

In 2024, the top 10 beauty companies generated aggregate sales of approximately USD 147 billion, or 58.5% of the total revenue of WWD Beauty's Top 100.