From 2010 to 2022, the Norwegian cosmetic market including skin care, sun care, hair care, decorative cosmetics, fragrances and hygiene products, had an increasing sales value. In 2022, the value was around 16.2 billion Norwegian kroner. During that year, skin care products made the highest sales value in the domestic cosmetic industry (4.6 billion Norwegian kroner), followed by hair care products (3.8 billion Norwegian kroner) and decorative cosmetics (3.3 billion Norwegian kroner).
L’Oréal Norge
The Norwegian branch of L’Oréal has been consistently in the top positions of cosmetics company rankings in terms of revenue. As of 2022, the annual profit generated by L’Oréal Norge AS amounted to almost 63 million Norwegian kroner.
Companies in the cosmetics industry
The Norwegian cosmetics industry is very competitive, with many operating companies. Among them, the cosmetics and personal care chain Normal Norge AS had the highest revenue, of around 3.25 billion Norwegian kroner as of January 2024. By comparison, the internationally known French company L’Oréal made a lower revenue and ranked third.
Sales value of the cosmetic and personal care market in Norway in 2022, by product category
(in million NOK)
The figures show consumer sales, based on the KLF's (Norwegian Cosmetics Association) internal sales statistics and supplemented with actual and estimated information about the rest of the market (i.e. the sales that bypass KLFs member firms), as well as adjusted for indices of trade. Duty free and internet sales from foreign players are not included. The figures include VAT.
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Norwegian Cosmetics Association. (October 19, 2023). Sales value of the cosmetic and personal care market in Norway in 2022, by product category (in million NOK) [Graph]. In Statista. Retrieved October 15, 2024, from https://www.statista.com/statistics/453041/cosmetics-market-category-sales-in-norway/
Norwegian Cosmetics Association. "Sales value of the cosmetic and personal care market in Norway in 2022, by product category (in million NOK)." Chart. October 19, 2023. Statista. Accessed October 15, 2024. https://www.statista.com/statistics/453041/cosmetics-market-category-sales-in-norway/
Norwegian Cosmetics Association. (2023). Sales value of the cosmetic and personal care market in Norway in 2022, by product category (in million NOK). Statista. Statista Inc.. Accessed: October 15, 2024. https://www.statista.com/statistics/453041/cosmetics-market-category-sales-in-norway/
Norwegian Cosmetics Association. "Sales Value of The Cosmetic and Personal Care Market in Norway in 2022, by Product Category (in Million Nok)." Statista, Statista Inc., 19 Oct 2023, https://www.statista.com/statistics/453041/cosmetics-market-category-sales-in-norway/
Norwegian Cosmetics Association, Sales value of the cosmetic and personal care market in Norway in 2022, by product category (in million NOK) Statista, https://www.statista.com/statistics/453041/cosmetics-market-category-sales-in-norway/ (last visited October 15, 2024)
Sales value of the cosmetic and personal care market in Norway in 2022, by product category (in million NOK) [Graph], Norwegian Cosmetics Association, October 19, 2023. [Online]. Available: https://www.statista.com/statistics/453041/cosmetics-market-category-sales-in-norway/