Top 10 Cosmetics & Toiletries Companies in China in 2021 by Retail Product Sales

The Procter & Gamble Co, L'Oreal SA, Shiseido Co Ltd, Colgate-Palmolive Co, and Mary Kay Inc are the top 5 cosmetics & toiletries companies in China in 2021 by retail product sales. Cumulatively, the top 10 cosmetics & toiletries companies in China reported retail product sales of $33,779 million, the highest retail product sales reported by The Procter & Gamble Co ($10,085 million), followed by L'Oreal SA ($6,836 million) and Shiseido Co Ltd ($2,380 million), while the company Hengan International Group Co Ltd with $1,757 million stood the lowest. The United States-based Procter & Gamble Co is another leading cosmetics & toiletries company in China in 2021 by retail product sales (FY2021). The company reported revenues of $80,187.0 million for the fiscal year ended June 2022 (FY2022), an increase of 5.3% over FY2021. The company’s products include conditioners, shampoo, male and female blades and razors, toothbrushes, toothpaste, dish-washing liquids, detergents, surface cleaners, and air fresheners, and employs 106,000 people France-based L'Oreal SA is one of the leading cosmetics & toiletries companies in China in 2021 by retail product sales (FY2021). The company reported revenues of $40,232 million for the fiscal year ended December 2022 (FY2022), an increase of 5.37% over FY2021. The company is a personal care company that manufactures and markets make-up products, perfumes, hair care, sun care, skin care, and coloring products. The company classifies its business operations into four reportable segments: L’Oreal Luxe, Consumer Products, Active Cosmetics, and Professional Products. Geographically, the company has business operations across Europe, North America, Asia Pacific, Latin America, Africa, and the Middle East. It markets products across 150 countries and employs 85,412 people.