The Top 75 ranks the world's largest cosmetics companies by beauty sales. These firms weigh in at $138.654 billion in sales. The U.S. has the most companies on the list with 25 and leads in volume terms with $60.117 billion. France has 11 companies on the list and volume of $29.458 billion; Italy, nine companies and $1.957 billion; Japan, eight companies and volume of $14.657 billion, and Germany, six companies and $8.969 billion. Firms are listed by parent company and ranked by their beauty sales for the 2006 calendar year. For companies whose fiscal year did not run from Jan. 1, 2006,to Dec. 31, 2006, estimates were calculated. Sales figures were either obtained from the companies or with the help of industry sources. Beauty volume is made up of fragrance, makeup, skin care, sun care, hair care, deodorant, plus cellulite and shaving products. It does not include bar soaps, razors, toothpastes, foods and diet foods, medicines, vitamins or detergents. To be included in this ranking, a company must sell its products in at least two of the following major markets: Europe, North America, South America and Asia.

1. L'Oreal Group Clichy, France

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