L'Oréal (OR) Corporate presentation summary

Industry overview

• Hairdressing is a major global industry with 2 million salons and €140 billion turnover worldwide, with France alone hosting 70,000 salons and €6.3 billion in market value.

• The sector is highly fragmented, with a significant rise in independent stylists and solo-preneurs, and 81% of business owners are women.

• New consumer trends include longer, more textured hair, sophisticated routines, and a surge in online haircare purchases.

Market dynamics and growth

• The professional products market is valued at €14 billion, driven primarily by haircare, which has seen a CAGR of ~4% from 2015 to 2025.

• Non-salon channels, such as e-commerce and selective retail, now account for 37% of the market, up from 16% in 2017.

• The company achieved a record 27% market share in professional products, excluding recent acquisitions.

Financial performance

• Sales have shown strong momentum, with a CAGR of 7.8% from 2019 to 2025 and 7.5% growth versus 2024.

• Operating margin has steadily increased, reaching 22.9% in 2025.