In Europe, LVMH was the leading consumer goods company based on market capitalization, whose market cap reached 449 billion US dollars in March 31, 2024.
Textile, cosmetics and luxury lift the European consumer goods landscape
In April 2023, LVMH Group had become the first European company to exceed a market cap of 500 billion euros. Since then the market value of the company stabilized below that level, but the luxury conglomorate continues to be the most successful consumer business in the continent. Parent to many luxury brands including Louis Vitton, Möet, Givency and Christion Dior, LMVH generates the highest revenue from its fashion and leather products. Other than this, the group's product range include cosmetics, wines and spirits, watches and jewelry.
Leading consumer goods companies in Europe based on market capitalization as of March 31, 2024
(in billion U.S. dollars)
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Market capitalisation in billion U.S. dollars
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PwC. (May 1, 2024). Leading consumer goods companies in Europe based on market capitalization as of March 31, 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/461660/leading-european-retailers/
PwC. "Leading consumer goods companies in Europe based on market capitalization as of March 31, 2024 (in billion U.S. dollars)." Chart. May 1, 2024. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/461660/leading-european-retailers/
PwC. (2024). Leading consumer goods companies in Europe based on market capitalization as of March 31, 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/461660/leading-european-retailers/
PwC. "Leading Consumer Goods Companies in Europe Based on Market Capitalization as of March 31, 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 May 2024, https://www.statista.com/statistics/461660/leading-european-retailers/
PwC, Leading consumer goods companies in Europe based on market capitalization as of March 31, 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/461660/leading-european-retailers/ (last visited July 23, 2024)
Leading consumer goods companies in Europe based on market capitalization as of March 31, 2024 (in billion U.S. dollars) [Graph], PwC, May 1, 2024. [Online]. Available: https://www.statista.com/statistics/461660/leading-european-retailers/