L'Oreal's Skincare Revenue Expected To Grow 49 Percent In Next Five Years, Analysts Say

L’Oreal’s revenue from its skincare business, which accounts for about 28 percent of its total earnings, is forecast to rise by approximately 49 percent over the next five years. At present, L’Oreal controls around 12 percent of the world’s skincare market, making it the leader in the segment. Factors that are expected to drive growth in the company’s skincare business include a leading market share compared with other brands; its presence across large distribution channels; and the growth forecast for the anti-aging market.