L’Oréal Rebrands Active Cosmetics Division as L’Oréal Dermatological Beauty

L’Oréal Rebrands Active Cosmetics Division as L’Oréal Dermatological Beauty
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Happi Top 30 leader L’Oréal is rebranding its Active Cosmetics Division to L’Oréal Dermatological Beauty.
 
Acccording to the company, the division will feature the same beauty brands as before: Vichy, La Roche-Posay, CeraVe, SkinCeuticals and Skinbetter Science.

In Q4 2022, L’Oréal’s active cosmetics unit sales rose 19.4% (like for like) topping €1.27 billion; full year sales jumped 21.9%  to €5.1 billion.
  

Active Cosmetics Forecast

According to Arizton’s latest research report, the active cosmetics market will grow at a CAGR of 12.6% from 2021-2027. The demand for skin care and hair care products is growing as skin concerns and personal care are becoming mainstream, thereby presenting an opportunity for the market to grow.
 
In recent years, the cosmetics industry has enthusiastically adopted nanotechnology by taking inspiration from its early involvement in biotechnology and bioscience.

For more on L’Oréal, look here.
 
 

Peyman Taeidi

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