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Global Beauty Giants Record Stellar Growth: 3 Trends Driving the Booming Cosmetics Sector

Global cosmetics groups including L’Oréal SA and Shiseido Co. recorded excellent financial performances in 2019. High-end products, the Chinese market and e-commerce channels are the impetuses for the strong progress of cosmetics enterprises in 2019 FY.

In late July and early August, a number of global beauty giants published their latest quarterly, semi-annual or annual financial reports. ChemLinked sorted out and analyzed the financial statements of 10 iconic cosmetic groups including L’Oréal SA, in order to explore growth and understand and identify opportunities within the sector.

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