The Estee Lauder Companies Inc (Estee Lauder) is a producer and marketer of skin care, makeup, fragrance, and hair care products.

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The company’s R&D arm focuses on developing new products, extending product lines, and creating packaging concepts, and enhancing, reformulating, and redesigning existing products. The company The company heightened its emphasis on innovation within the Asia Pacific region, particularly in China, Japan, and Korea. In FY2023, Estee Lauder finalized the construction of its new research and development facility in China. Its R&D operates in collaboration with the US and international dermatology and medical institutions, research universities and educational facilities. As of June 2023, the company had 1,290 employees, who were involved in research and development activities. In FY2023, Estee Lauder incurred expenses of US$344 million of its R&D, which as a percentage of the company's revenue, stood at 2.2%.