14 days ago • Posted by William Ramstein
Between 2018-2021 L'Oréal's 11% CAGR beats the rest
Considering an annual growth of the global cosmetics market of -8% in 2020 l'Oréal's 11% CAGR stands outs above the rest. In fact sales have only fallen slightly (0.93%) for the cosmetic giant to 27,992 million euros in 2020. With the world reopening they could be net beneficiaries of demand as adults start going out more.