This work performs an energy flow case study on the cosmetics industry in Taiwan. In addition, the energy-saving potential of these options is evaluated. It is found that the total potential energy saving amounts to around 2397.0 GJ. It represented a potential reduction of 179.8 tonnes in carbon dioxide emissions. This study establishes an energy flow analysis and energysaving method for this case study, in addition to identifying potential energy-saving areas. The greatest energy-saving potential can result from improving equipment efficiency, which would potentially comprise around 92% of total energy conservation potential. This analysis serves as a benchmark for updating the cosmetics’ products industry operation, and assisting energy users in performing energy management in order to enhance energy utilization efficiency.