The company says, however, that at the moment, their focus is on refining the production process, not speed.
"Some of the biggest potential advantages are the speed of production as well as the level of precision that 3D printing can achieve," Guive Balooch, global vice president of L'Oreal's technology incubator said in an email to The Washington Post.
"L'Oreal's focus right now is not to increase the quantity of skin we produce but instead to continue to build on the accuracy and consistent replication of the skin engineering process."
According to Bloomberg, with Organovo's technology and L'Oreal's expertise in synthesising human skin, the two companies hope to speed up the process of skin production in the next five years:
Research for the project will take place in Organovo's labs and L'Oreal's new California research center. L'Oreal will provide skin expertise and all the initial funding, while Organovo, which is already working with such companies as Merck to print liver and kidney tissues, will provide the technology.
Because the current process is done essentially by hand, the company has some 60 scientists doing the work at its Lyon, France, lab. In a year, their efforts produce a cowhide worth of human skin samples, according to Bloomberg. The process yields nine different types of human skin samples - representing different ages and ethnicities - that can be used to test various products.
An automated process using Organovo's 3D printing technology is likely eventually to increase the pace of production significantly. And in the ultra competitive world of cosmetics, that could be a valuable advantage.
For now, the partnership is still in the "research" phase, and it is unclear how long it will be before L'Oreal begins using the technology in product testing.