Cosmetic Companies
“Treat your makeup like jewelry for the face. Play with colors, shapes, structure—it can transform you.” – François Nars
Cosmetics is one such industry that will never go out of trend, and the best global cosmetic giants understand the importance of capitalizing on the popular cosmetic market trends in 2024. Makeup has now become inclusive, where leading beauty companies in 2024 are catering to various skin types from fair to dark. As per many beauty industry leaders in 2024, makeup is everything you put on your face to enhance your beauty. Make-up is fun; makeup can be experimental, and sometimes it can be as simple as a bold lipstick.
Makeup has a very fascinating history that goes way back to 6000 BC. In ancient Egypt, both men and women wore make-up, as it was believed to be appealing to gods. They believed makeup to be a source of power. Egyptians would wear kolh on their eyes with eyeshadows and believed it would protect them from evil eye and sun damage. These people would also wear red lipstick, which was created by mixing red ochre and animal fat.
In India, cosmetic products and their application were noted to be present from the early 2500 BC in the Indus Valley civilization. Lakme India is the first make-up company that was launched in 1952 by Tata. It was named after Lakshmi, the goddess of wealth, prosperity, and beauty. Today, Lakme is considered one of the top make-up companies in 2024.
In this modern world, not only women but also men wear make-up. There are various reasons why people put on makeup.
- To boost their confidence
- Makeup can be a calming ritual for some people.
- Make-up is a form of art.
- For some people, it’s a creative expression.
- Some wear make-up to hide their flaws and some to enhance their features.
- And some people just wear makeup for fun.
In 2024, we have a lot of global cosmetics giants that produce amazing products, and some of them are ruling this make-up industry. Below, we have created the list of the best cosmetic brands in 2024.
Top 10 Cosmetic Companies in the World 2024
- L’Oréal
- MAC Cosmetics
- Maybelline
- Glossier
- Estée Lauder
- Shiseido Co
- NARS Cosmetics
- Rare Beauty
- Fenty Beauty
- Charlotte Tilbury
L’Oréal
One of the best cosmetic brands in 2024 is L’Oreal. It is also considered to be a popular brand in the list of top skin care brands in 2024. This French cosmetics company was founded by Eugène Schueller on 30 July 1909. L’Oreal initially started with hair dye and has now various beauty cosmetic products. It is the king of cosmetic brands because it has 37 popular global subsidiary brands under it, like Garnier NYX, CeraVe, The Body Shop, It Cosmetics, Maybelline, YSL Beautée, etc. L’Oreal has net revenue of €41.18 billion. It is currently ranking first on our list of the top beauty companies ranking in 2024.
MAC Cosmetics
Mac Cosmetics, known as Make-Up Art Cosmetics, was founded by Frank Toskan and Frank Angelo in 1984. It was founded in Canada for the intended use of make-up professionals. In 1994, it was purchased by Estée Lauder Companies. Currently, it has a net revenue of approximately $2.1 billion. It has played a major part in creating top cosmetic trends in 2024.
Maybelline
Maybelline is the next brand on our list of top beauty brands worldwide. Founded by Thomas Lyle Williams in 1915. This brand first started with just a lash and brow product, which was named after Thomas’s sister. It eventually became one of the most successful subsidiaries of L’Oreal, and currently, it has a revenue of $2.6 billion, approximately.
Glossier
The next global cosmetic brand on our list of best cosmetic brands in 2024 is Glossier. It originally started as a beauty blog by the name of “Into The Gloss” in 2014. Eventually, Glossier started selling beauty products such as face mist, skin tints, moisturizer, balms, lip gloss, etc., which were extremely popular amongst the young beauty lovers.
Estée Lauder
Estée Lauder is one of the leading beauty companies in 2024. It was founded by Estée Lauder and her husband Joseph Lauser in 1946. It has many global subsidiaries, such as Clinique, Tom Ford, Joe Malone London, Smashbox, Mac, Bobby Brown, etc. Estée Lauder has a net revenue of $32.88 billion.
Shiseido Co
Japanese cosmetics company Shiseido is the next make-up company to be added to our list of top make-up companies in 2024. Founded in Tokyo by Arinobu Fukuhara in 1872. It mainly focused on reinventing the Japanese beauty industry. It has a current revenue of $6.56 billion. Shiseido is one of the top global cosmetics joints in today’s world.
NARS Cosmetics
NARS, a subsidiary of Shiseido, is a French cosmetics company founded by François Nars in 1994. It has a popular collection known as the Orgasm collection, which is well liked by the masses. It is considered to be an empowering brand in our list of the best cosmetic brands in 2024.
Rare Beauty
Rare Beauty is a celebrity brand founded by the popular singer and actress Selena Gomez in 2020. It is a quick-growing makeup brand to be added to our list of the top beauty brands worldwide. The liquid blush from Rare Beauty is considered to be a global stellar product in the blush category. The current net revenue of Rare Beauty is nearly $300 million.
Fenty Beauty
The next celebrity brand on our list is Fenty Beauty, which was launched in 2017 by the popular singer Rihanna. It focuses on diversity and became quickly popular due to its product catering to all skin types. The net revenue of Fenty Beauty is around $602.4 million. It is considered to be a famous brand on our list of the best global cosmetics in 2024.
Charlotte Tilbury
The final brand to be added to our list of the best cosmetic brands in 2024 is Charlotte Tilbury, founded by the celebrity make-up artist Charlotte Tilbury in 2013. It has been popularized due to its famous products like pillow talk lipstick, Hollywood flawless filters foundations, etc. The current net revenue of Charlotte Tilbury is around £725 million.
