Estonia, the little innovative country, proved to be the favorite destination for entrepreneurs and businesses. In specific, it has grown greatly in the field of multi-level marketing. It has introduced its innovative e-residency program, which means entrepreneurs from all over the world can wholly establish and manage companies online, thus making entry into the European market free-flowing. The country has a favorable tax regime, in which corporate income tax is leveled only on distributed profits; therefore, Estonian corporate law does not discourage reinvestment and development.
In this blog, we are going to see the MLM companies that are availing of these benefits that Estonia offers and building a fortune of business there.
List of top network marketing companies in Estonia
Starting with the detailed review of Estonia's leading MLM companies and their revenue in recent years, we will be able to better understand the market environment.
# | Company | Country | Revenue 2023 (in million USD) |
Revenue 2022 (in million USD) |
Growth Rate | Year Founded |
---|---|---|---|---|---|---|
1 | Amway | USA | 7,700 | 8,100 | -5% | 1959 |
2 | Herbalife | USA | 5,100 | 5,200 | -2% | 1980 |
3 | Mary Kay | USA | 1,800 | 2,200 | -0.18% | 1963 |
4 | Oriflame | Sweden | 811 | 989 | -18% | 1967 |
5 | Lux International | Switzerland | 396 | 396 | 0% | 1901 |
6 | Zinzino | Sweden | 168 | 144 | 17% | 2005 |
7 | NeoLife | USA | 140 | 140 | 0% | 1958 |
8 | Kuailian | Estonia | 14 | 14 | 0% | 2018 |
9 | Cellements | Estonia | 2 | 2 | 0% | N/A |
10 | Swag OÜ | Estonia | 1 | 1 | 0% | 2016 |
11 | Genlife | Estonia | 1 | 1 | 0% | N/A |
©
Epixel MLM Software
Source - Estonian Direct Selling Association
Data updated in September 2024
*The above list is subject to market changes and modifications.
Also, have a look at the top MLM companies of 2024 and understand the crucial approaches that raise these brands to fame in the international market.
Leaders of Estonian MLM market and their true success stories
Amway
CEO: Milind Pant
Country: USA
Founding Year: 1959
Annual Revenue 2023: $7,700 million
Amway
CEO: Milind Pant
Country: USA
Founding Year: 1959
Annual Revenue 2023: $7,700 million
It was 1959. Jay Van Andel and Rich DeVos launched their dream company with a bold idea in their hearts—to create a business that gives people the freedom to design their financial futures. From the humblest basements of their homes in Michigan to selling Nutrilite, a flourishing, diversified enterprise in health and home care emerged—Amway.
At the heart of Amway's success lies a strong commitment to entrepreneurship—to offer independent business owners the platform, training, and support for success. This lays down the foundation for a thriving community, but it also inspires personal growth and transformation among participants.
Herbalife
CEO: Michael O. Johnson
Country: USA
Founding Year: 1980
Annual Revenue 2023: $5,100 million
Herbalife
CEO: Michael O. Johnson
Country: USA
Founding Year: 1980
Annual Revenue 2023: $5,100 million
Herbalife was established by Mark Hughes in the year 1980 and is a trusted company in nutrition and weight management. The company has been able to grow tremendously from the foundation it was built on: the strength of the direct selling model.
The heart of Herbalife's mission is committed to personalized wellness by offering customized dietary needs for its consumers. This company goes beyond the wall of selling because it empowers all distributors with holistic and comprehensive training. In doing so, it not only enables the distributors to connect with customers better but also promotes healthier, balanced lifestyles.
Mary Kay
CEO: Ryan Rogers
Country: USA
Founding Year: 1963
Annual Revenue 2023: $1,800 million
Mary Kay
CEO: Ryan Rogers
Country: USA
Founding Year: 1963
Annual Revenue 2023: $1,800 million
Founded by Mary Kay Ash in 1963, the Mary Kay company transformed the cosmetic world from a traditional basis into a new front that restored the concept of women's empowerment through its direct selling model.
Deeply committed to social responsibility and women's development in all aspects of their lives, Mary Kay is a brand that not only communicates its brand truth but also lives by it. As it can be seen in their exceptional marketing philosophy, their super-icon pink Cadillacs have become symbolic of achievement, celebrating milestones of high performers and epitomizing the company's vision for beauty, empowerment, and community.
Oriflame
CEO: Anna Malmhake
Country: USA
Founding Year: 1967
Annual Revenue 2023: $811 million
Oriflame
CEO: Anna Malmhake
Country: USA
Founding Year: 1967
Annual Revenue 2023: $811 million
Oriflame, being Swedish since 1967, is certainly a far cry from the ordinary beauty and personal care brand. The company leaves a mark as they equip it with products rich in natural ingredients and disperse them through a dedicated network of independent consultants. The fact that makes Oriflame special is their commitment to sustainability, making them pretty popular among those who care about the planet. In addition, Oriflame is highly committed to social initiatives, especially those aimed at empowering women all over the world through education and opportunities in the economy.
Lux International
CEO: Christian Beck
Country: Switzerland
Founding Year: 1901
Annual Revenue 2023: $396 million
Lux International
CEO: Christian Beck
Country: Switzerland
Founding Year: 1901
Annual Revenue 2023: $396 million
For more than a century, Lux International, which dates back to 1901, has maintained the leading position because of quality household cleaners and appliances. They are committed to innovation by introducing advanced cleaning technologies that are efficient and environmentally friendly at the same time. Lux uses the direct selling channel, which means that their distributors can provide personal touches and tailored solutions based on the needs of the customer for home care.
Zinzino
CEO: Dag Bergheim Pettersen
Country: Sweden
Founding Year: 2005
Annual Revenue 2023: $168 million
Zinzino
CEO: Dag Bergheim Pettersen
Country: Sweden
Founding Year: 2005
Annual Revenue 2023: $168 million
Sweden-based Zinzino was started roughly a decade ago but has only recently gained real momentum in health and wellness circles due to this new approach to nutraceuticals and personalized health solutions. They are different from other offerings with a unique system of blood tests, that can help pinpoint just what your body needs in terms of nutrition. This particular emphasis on scientific justification and transparency makes sense to the customers as well as builds solid trust between the consumer and the distributor.
NeoLife
CEO: Kendra Brassfield
Country: USA
Founding Year: 1958
Annual Revenue 2023: $140 million
NeoLife
CEO: Kendra Brassfield
Country: USA
Founding Year: 1958
Annual Revenue 2023: $140 million
NeoLife, leading the way in wellness since 1958, boasts an unparalleled portfolio of its scientifically and technologically advanced line of dietary supplements and personal care products. Their development process is a result of actual research. This means that their products not only cater to a myriad of health needs, but are also made from the very best sources available. In essence, it seeks to equip its customers with the know-how on nutrition and healthy living while retaining its aim at providing enlightenment toward quality living.
Kuailian
CEO: David Ruiz de Leon
Country: Estonia
Founding Year: 2003
Annual Revenue 2023: $14 million
Kuailian
CEO: David Ruiz de Leon
Country: Estonia
Founding Year: 2003
Annual Revenue 2023: $14 million
Founded in 2003, Kuailian is a forward-thinking multi-level marketing company that specializes in supplying health supplements and personal care products. What makes Kuailian unique is the reliance on innovative technology in its product development, ensuring users receive the highest quality and effectiveness for their money. Furthermore, Kuailian has a strong ethos of doing good through several social responsibility activities in education and health awareness to improve lives.
Cellements
CEO: N/A
Country: Estonia
Founding Year: N/A
Annual Revenue 2023: $2 million
Cellements
CEO: N/A
Country: Estonia
Founding Year: N/A
Annual Revenue 2023: $2 million
Cellements burst their way into the Estonian scene in 2020 and created a name for themselves in the rapidly up-and-running health and wellness sector. They serve the growing hunger for healthy products by providing high-grade nutritional supplements.
What really makes a difference with Cellements is the commitment to transparency and sustainability, the obsession to bring only the best ingredients to the table to ensure that their products actually deliver. Plus, they are on the road to revolutionize the approach to nutrition with personalized solutions that kick-start with an in-depth review of an individual's health.
Swag OÜ
CEO: N/A
Country: Estonia
Founding Year: 2016
Annual Revenue 2023: $1 million
Swag OÜ
CEO: N/A
Country: Estonia
Founding Year: 2016
Annual Revenue 2023: $1 million
Swag OÜ is a brand launched in 2016 that stormed the Estonian scene with their fresh and trendy clothing and accessories. This brand is one of its kind and prides itself on being stylish but also sustainable. Boasting about local production and ethically sourced goods, Swag OÜ ensures this fashion statement is as eco-friendly as possible. It has created an efficient online presence with a clever use of social media marketing.
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Direct selling in Estonia - An overview of sales by category
As per WFDSA, Estonia's direct selling market has a mid-penetration of 0.134%, which shows it’s making a name for itself worldwide. And in this lively landscape, a variety of product categories really help fuel growth and add diversity to the market. It hosts a wide range of choices for Estonian customers.
Let’s now analyze the breakdown of the product categories in Estonia's direct selling market:
Cosmetics and personal care hold 38% of the share, and this is because consumers display a lot of interest in these categories.
Soon followed by wellness products with the same percentage as cosmetics, this category is equally popular and represents a major part of sales.
Household goods and durables (13%) contribute meaningfully to the market.
Home care products, although smaller in share (8%), this category has an emerging role in the overall market landscape.
Though clothing and accessories have a modest share (2%), it adds to the diversity of options available to consumers.
This diverse mix of categories highlights the varied interests of Estonian consumers and presents numerous opportunities for growth in the direct selling sector.
In general, Estonia actually stands out as a hotbed of multi-level marketing due to its vibrant business climate and progressively pro-market policies. The Estonian thrust on digital innovation and entrepreneurship also inspires people to chase their business dreams. As seen with the best MLM businesses causing an uproar here, they are literally tapping into the core competencies of Estonia. With this in mind, whether you are new to the industry or have years of experience within, Estonia stands to be one of the best destination sites for growth and success in the MLM world. So why not jump in and see what this booming market has to offer?
Disclaimer: Epixel neither promotes nor supports any of the companies mentioned in this article nor their products or services. The facts published here are represented as reported in the direct selling industry. The facts don't reflect our priorities. The article was compiled based on available resources and does not represent special mentions or priorities to organizations, persons, or products.
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