The Estée Lauder Companies Inc. - Company Overview and Analysis, 2023 Update
Summary
Company Analysis 2023: The Estée Lauder Companies Inc., reports key findings as of 8th June, 2023 based on market analysis and brand diversification by industry and geography.
The Estée Lauder Companies Inc. (Estée Lauder) operates across the cosmetics & toiletries industry and sells make-up, haircare, fragrance, and skincare products. The company operates its business across all regions worldwide. Its major business is concentrated in North America, which accounted for 40.5% of value sales in 2022. GlobalData’s thematic scorecard shows that Estée Lauder ranks 16th in the top 20 health & beauty companies and is investing in themes such as social media, ecommerce, environmental, social, and corporate governance (ESG), artificial intelligence (AI), metaverse, and individualism & expression. Most of the brands operating under Estée Lauder registered an increase in average prices from June 2022 to May 2023 owing to increased raw material costs.
Scope
Estée Lauder has a diversified geographical presence worldwide
All regions globally to present favorable market conditions for skincare sector during the forecast period
Estée Lauder’s skincare business will see a positive outlook through 2027
Estée Lauder saw a decline in sentiment score in Q1 2023
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