The Active Cosmetics Division ended the year with outstanding growth, at +21.9% like-for-like and +30.6% based on reported figures.
Reinforcing its medical prescription leadership, the Active Cosmetics Division strengthened its recommendation-based model and grew twice as fast as the dermocosmetics market. The Division posted double-digit growth in all Zones, with are markable performance in North America, SAPMENA–SSA and mainland China. La Roche-Posay and CeraVe contributed equally to the Division’s growth. La Roche-Posay, the Division’s biggest brand, sustained its outstanding momentum, driven by its main pillars Cicaplast and Effaclar, and by the success ofthe UVMune 400 breakthrough innovation in sun protection. CeraVe continued to expand internationally, achieving spectacular growth in both the United States and the rest of the world. Vichy maintained its strong momentum thanks to Dercos and the Capital Soleil UV franchise in both seasonal and daily sun protection. On the aesthetic front, SkinCeuticals recorded double-digit growth, fuelled by the excellent performance of A.G.E Interrupter anti‑wrinkle cream. The newly acquired brand Skinbetter Science, integrated into the Division in the fourth quarter, showed promising potential.
The Zone achieved growth of +11.6% like-for-like and +12.3% reported.
The European beauty market grew beyond pre-pandemic levels, driven by fragrance, makeup and sun protection. It remained dynamic during the second half of the year despite rising inflation. L’Oréal again significantly out performed the market thanks to its diversified offering, which meets the needs of all consumer segments, and its valorisation strategy, allowing Europe to be the Group’s number one growth contributor this year. L’Oréal outperformed in the majority of countries, especially Germany, the United Kingdom and Spain. The Central European countries posted very strong growth. L’Oréal also continued to outperform in e-commerce.
The Consumer Products Division achieved its strongest growth of the last few years, driven by its makeup rebound and highly successful launches. Leading the fragrances category, L’Oréal Luxe had further success. The Active Cosmetics Division outperformed across the Zone thanks to the success of La Roche-Posay and CeraVe, which continued to expand rapidly. Finally, the Professional Products Division successfully pursued its valorisation strategy, significantly contributing to the growth of premium haircare in the Zone.
The Zone ended the year at +10.4% like-for-like and +24.6% reported, reaching the 10 billion euro mark in sales. Strong innovation, operational agility and well-executed valorisation of the offer amid rising inflation were instrumental in achieving this milestone.
The Consumer Products Division strengthened its position, outperforming the makeup market led by NYX Professional Makeup and Maybelline New York. L'Oréal Luxe outperformed the market in fragrance, thanks to its unique portfolio and key launches like Prada Paradoxe and Viktor & Rolf Good Fortune. The Professional Products Division remained strong in the salon channel and through the Salon Centric platform, significantly outpacing the market ; it performed particularly well in haircare, with Pureology and Kérastase. The Active Cosmetics Division closed the year with strong double-digit growth, well ahead of the dermocosmetics market. CeraVe and La Roche-Posay maintained good momentum ; the acquisition of the US skincare brand Skinbetter Science got off to a strong start.
The Zone ended the year at +6.6% like-for-like and +14.8% based on reported figures.
L’Oréal’s unique brand portfolio and its digital excellence were once again key drivers to outperform throughout the Zone, in all markets and all channels. The Professional Products and Active Cosmetics Divisions continued their double-digit growth, leveraging their premium brand portfolio. The Consumer Products Division capitalised on L’Oréal Paris' notable success in the skincare and haircare categories, and on 3CE Stylenanda growth momentum. L’Oréal Luxe achieved robust growth in a negative market; this remarkable performance was driven by premium skincare, fragrance and the strong acceleration of Yves Saint Laurent across the Zone.
In mainland China, the beauty market was clearly affected by the public health restrictions. In this challenging context, L’Oréal grew appreciably, with a double-digit increase in online sales. Leveraging brand love and operational agility, L’Oréal succeeded in providing consumers with quality premium and innovative products. This remarkable success resulted in strong offline and online market share gains throughout the year, as well as during Double 11, the world’s biggest shopping festival ; L’Oréal brands topped the rankings for each beauty category on Tmall, further consolidating the Group’s leadership, notably in luxury, where L’Oréal surpassed 30% of market share in 2022.
L’Oréal recorded double-digit growth in Japan and Korea, where it outperformed the beauty market, which bounced back strongly in 2022.
All L’Oréal sites in the North Asia Zone became “carbon neutral”(2) in 2022.
(1) "Dermatological Beauty" Division, as announced on 10 February 2023. Preivously "Active Cosmetics" Division.
(2) A site can claim "carbon neutral" status if it meets the following requirements:
